Bitcoin (BTC)

A new inflation report is expected to show rates rising approximately 6.5 percent in September, roughly .2 percent higher than what occurred in August. This, per financial institutions like JPMorgan, could cause further falls in assets like stocks and crypto units, which could drop five percent more in the coming weeks once the results are in. Inflation Is Still Pretty Bad Things have been bad as of late, but now it looks like they’re about to get worse. The rate of...

L’apéro Crypto Normandy change de nom pour devenir le Rouen Bitcoin Meetup. Où ? – Au River’s Pub – Hangar 107 Quai Jean de Béthencourt, Rouen, France Quand ? – Mardi 8 novembre 2022 à partir de 19H00 En savoir plus : https://cryptonormandy.com/

The largest BTC corporate holder – MicroStrategy – posted a minimal impairment charge of $727,000 on its bitcoin ownings in Q3, 2022 due to the relatively stable price of the asset during that period. The company purchased additional 301 coins between July and October, rounding up its total holdings to 130,000 BTC. The Q3 Results The American business intelligence corporation continued to follow its BTC agenda during the third quarter of 2022 and bought more bitcoin. As of...

Cathie Wood of ARK Investment Management says the economy is heading into a downward spiral, and only bitcoin can help it. Cathie Wood Still Thinks Highly of BTC There has been an argument for the past few years that bitcoin, in some way, can serve as a potential hedge against inflation. That by investing in bitcoin, people can avoid crashing and burning when the dollar falls. However, this argument has been heavily challenged given the price of bitcoin has taken several...

Bitcoin initiated another leg up in the past 24 hours and charted a new two-month high. Several altcoins have also marked impressive gains in the past 24 hours, including MATIC, which tapped $1.2 earlier today. Bitcoin’s New Local Peak The primary cryptocurrency went through enhanced volatility at the start of the month, as CryptoPotato warned before, following events coming from the United States. At first, the Federal Reserve hiked the interest rate by 75 basis points,...

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The popular Instagram influencer Jebara Igbara, also known as “Jay Manzini,” pleaded guilty to money laundering, wire fraud, and wire fraud conspiracy. He used the social media platform to promote various schemes to investors but, in fact, defrauded them with $8 million. In addition, Igbara told his followers he wanted to buy a huge amount of bitcoin and that authorized exchanges would not allow him to accumulate such a stash. He urged Instagram users to send him BTC,...

Mustafa Gokiu – a man living in the town of Sunnyside, New York – was convicted in mid-October by a federal jury in Brooklyn for allegedly running a crypto money laundering and drug scheme. It is stated in court documents that the man laundered BTC units through an unlicensed money-transmitting business. Mustafa Gokiu Guilty of Crypto Money Laundering At the age of 50, Gokiu was found guilty on several charges including money laundering, operating an unlawful money...

The past seven days have been particularly dynamic in the cryptocurrency industry as its total market capitalization soared by a considerable $70 billion. This happened on the back of major gains for most coins, with certain exceptions. Let’s dive in. Kicking it off with Bitcoin, it’s up 3% in the past seven days, and it’s currently found at $21K. Throughout the majority of the week, BTC was trading in a downtrend, but a few hours ago, the bulls managed to pull themselves...

Google – the king of search engines – is partnering with Coinbase – the king of digital currency exchanges – to allow customers to pay for cloud services with crypto assets like bitcoin, Dogecoin, Litecoin, and Ethereum. Google Is Partnering with the Leader of Crypto Trading The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...