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Crypto

Bitcoin Price (BTC) News: Modest Rally on Thursday

Bitcoin Price (BTC) News: Modest Rally on Thursday

2 weeks ago by Crypto InsightsCrypto

Crypto markets were in rally mode on Thursday alongside sizable gains in stocks, a U.S. presidential pardon for Binance founder Changpeng Zhao, and ahead of tomorrow’s key reading on September inflation. In mid-afternoon U.S. trading, bitcoin BTC$110,082.75 was up 2.7% over the past 24 hours… Read More

HBAR Dips 1.4% to $0.1675 Breaking Below Key Support Zone

HBAR Dips 1.4% to $0.1675 Breaking Below Key Support Zone

2 weeks ago by Crypto InsightsCrypto

HBAR slipped 1.4% on Tuesday as bearish momentum intensified, driving the token from $0.1698 to $0.1675. The move followed a failed attempt to reclaim the $0.1700 resistance level, with sellers pushing prices below key support at $0.1650. Trading volume surged 68% above its 24-hour average… Read More

Canada’s Anti-Money Laundering Watchdog, Fintrac, Levies Record $126M Fine on Cryptomus

Canada’s Anti-Money Laundering Watchdog, Fintrac, Levies Record $126M Fine on Cryptomus

2 weeks ago by Crypto InsightsCrypto

The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) said it fined Xeltox Enterprises Ltd. (which operates as cryptocurrency platform Cryptomus), a record C$176.96 million ($126 million) for widespread compliance failures under federal anti-money laundering and counter-terrorist financing laws. The fine related to over… Read More

Rise in BTC Value Adds $80M to Bottom Line

Rise in BTC Value Adds $80M to Bottom Line

3 weeks ago by Crypto InsightsCrypto

Tesla (TSLA) continued to hold 11,509 BTC, valued at around $1.35 billion as of the end of the third quarter (valued somewhat less as of today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on… Read More

Why Stablecoins, Not Bitcoin, Will Dominate Global Transactions

Why Stablecoins, Not Bitcoin, Will Dominate Global Transactions

3 weeks ago by Crypto InsightsCrypto

Bitcoin may dominate the crypto headlines, but the real growth story of the next five years will be stablecoins, the digital dollars that are modernizing the way money moves around the globe. Yes, the original cryptocurrency is rapidly becoming an ideal non-sovereign global store of… Read More

Crypto Prime Broker FalconX to Buy ETF Provider 21Shares: WSJ

Crypto Prime Broker FalconX to Buy ETF Provider 21Shares: WSJ

3 weeks ago by Crypto InsightsCrypto

Digital asset prime broker FalconX agreed to acquire crypto asset manager 21Shares, the Wall Street Journal reported on Wednesday. The deal, terms of which were not disclosed, will allow FalconX to expand beyond market making and liquidity services into issuing crypto exchange-traded funds (ETFs), a… Read More

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