Tag: crypto

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Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: ‘China’s Going to Have It—or Somebody Else’

July 17, 2024

In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump’s views and plans reflect his signature approach to economic policy, emphasizing deregulation and protectionism. Trump Outlines Economic Vision in Bloomberg Interview, Emphasizes Deregulation and Tariffs…
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Vitalik Buterin Warns Against Political Support Based on Crypto Stance

July 17, 2024

Ethereum co-founder Vitalik Buterin advised against basing political support solely on a candidate’s pro-crypto stance. He emphasized the importance of broader values like individual freedoms and technological advancement. “Crypto-friendly now does not mean crypto-friendly five years from now,” he stressed. Buterin Highlights Risks of Narrow Political Focus in Crypto Ethereum co-founder Vitalik Buterin has cautioned…
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$50 Injection? Analyst Bullish On Injective After 25% Surge

July 17, 2024

The price of Injective has increased by over 25% in the past week, from a low of $17 to $23.27 this morning. Recently, the cryptocurrency market has been trending positively, and the substantial increase in Bitcoin’s price is a significant factor in this price ascent. The upbeat perception of Bitcoin has been a significant factor…
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Man Pleads Guilty in Meijer Loyalty Program Fraud Case, Forfeits Crypto

July 17, 2024

Nicholas Mui, 22, from Grand Haven, Michigan, has pleaded guilty in the 17th Circuit Court in Kent County to conducting a criminal enterprise, involving the theft and sale of Mperks account access information. Mui is required to forfeit his computer tower and approximately $630,000 in frozen cryptocurrency and cash. He compromised Mperks, a loyalty program…
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Expert Foresees XRP Soaring To $250: Technical Analysis Explained

July 17, 2024

Crypto expert “The Great Mattsby” has found something interesting on the XRP monthly chart: the Bollinger Bands are the smallest they have ever been. This trend has shown huge price changes in the past, which has led to rumours that XRP is about to make a big rise. Historical Patterns: Previous Explosions And Current Expectations…
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Crypto Market Cap Drops 14.4% in Q2 2024, Report Shows

July 17, 2024

The total crypto market cap decreased by 14.4% in the second quarter this year, ending at $2.43 trillion, while the S&P 500 increased by 3.9%, according to the 2024 Q2 Crypto Industry Report by Coingecko. Bitcoin’s price fell by 11.9%, ranging from $58,000 to $72,000, with its mining hash rate dropping 18.8% after reaching an…
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Ripple Donates $1 Million to New Super PAC Seeking to Unseat Senator Elizabeth Warren

July 17, 2024

Ripple Labs has donated $1 million to the Commonwealth Unity Fund, a new super PAC established by pro-crypto attorney James Murphy, aiming to unseat Senator Elizabeth Warren with John Deaton in the Massachusetts Senate. Murphy also contributed $50,000. Ripple also recently committed $25 million to Fairshake, another pro-crypto super PAC, following a similar contribution in…
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Argentina Defines Rules for Normalization of Previously Undeclared Assets, Including Cryptocurrency

July 16, 2024

Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country’s tax system. The benefits will only be available to taxpayers who hold their assets in registered VASPs. These taxpayers will be exempt from taxes for up to $100,000 held…
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Shiba Inu Prepares For Major Burn As Liquidity Surpasses $800 Million

July 16, 2024

Within the ever-evolving realm of cryptocurrencies, the liquidity of the Shiba Inu (SHIB) ecosystem is now soaring to an astounding 800 million. This spike highlights the active trading and increasing investor interest in the well-loved meme currency, paving the way for future price changes and tactical adjustments within the SHIB community. Strategic Buying Ahead Of…
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Australian Court Convicts Bitconnect Promoter for Providing Unlicensed Advice

July 16, 2024

John Bigatton, the Australian promoter of Bitconnect, has been convicted by the Sydney District Court for providing unlicensed financial advice, violating section 911B(1) of the Corporations Act 2001, the Australian Securities and Investments Commission (ASIC) announced Monday. Between August 2017 and January 2018, Bigatton promoted Bitconnect through seminars and social media, claiming significant returns on…
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