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Donald Trump to Take Stage at Bitcoin Conference This Month

The former United States president and current Republican presidential candidate, Donald Trump, is set to speak at one of the largest crypto events this month. A tweet by the official Bitcoin Conference X account revealed Thursday that Trump will be one of the speakers at the event, which is scheduled for July 25 to 27 in Nashville, Tennessee. The announcement represents a huge win for the crypto community, as Trump has expressed substantial support for the industry over the...

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MicroStrategy (MSTR) Pops 3% After Saylor Announces 10 For 1 Stock Split

Shares in Bitcoin development firm MicroStrategy popped 3% on Thursday after the company’s executive chairman, Michael Saylor, announced that it will soon undergo a 10-for-1 stock split. The action will make it far more affordable for smaller investors to gain minimal exposure to MSTR, which left them in the dust during its early-year rally alongside Bitcoin. Making MicroStrategy More Affordable Per a Thursday press release from the company, the action will apply to all...

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Shiba Inu (SHIB) ETF: The Pros and Cons According to Team Member

TL;DR The SEC approved spot Bitcoin and Ethereum ETFs in 2024, generating excitement for future crypto ETFs, including Shiba Inu (SHIB). A SHIB ETF could make investing easier and increase demand, but it is also focused on centralized control and additional fees. The Pluses 2024 has been quite fruitful in terms of groundbreaking events surrounding the cryptocurrency industry. For instance, the US Securities and Exchange Commission (SEC) finally greenlighted spot Bitcoin...

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ARG Token Value Soars as Argentina Advances to Copa America Final

Argentina’s advance to the Copa America finals has almost doubled the market value of the country’s fan token, ARG. The token’s price has increased by over 65% in the last 24 hours, making it the second-largest soccer coin by market value. ARG Token Soars by Over 65% According to CoinGecko data, the price of the ARG token has increased by 98.8% over the past week, reaching $2.34, its highest level since May 30. At the time of writing, the token was trading at $2.34 and was up...

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SEC Drops Investigation Into Paxos For BUSD Stablecoin

Paxos – the blockchain infrastructure platform behind the Binance USD (BUSD) stablecoin – announced on Thursday that regulators have forfeited their investigation into the firm concerning its dollar-pegged tokens. The result represents a major legal victory for crypto at large, where thick fog has surrounded the legal classification and regulatory treatment of stablecoins. Paxos Prevails Over The SEC After beginning its investigation of BUSD in February 2023, the Securities...

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BitMEX Pleads Guilty of Violating the Bank Secrecy Act

Seychelles-based crypto exchange BitMEX has pleaded guilty to violating the US Bank Secrecy Act (BSA) between 2015 and 2020—ranging about five years of facilitating illicit activity. The exchange made zero efforts to collect users’ know-your-customer information (KYC), allowing anyone to sign up anonymously and transact on it, creating breeding grounds for laundering funds from illicit activities. Regarding the case, Attorney Damian Williams of the Southern District of New York said, “As...

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Sell-Off by Small Bitcoin Traders Contrasted by Increasing Whale and Shark Holdings

Bitcoin has experienced its most significant decline in the current cycle and is currently trading at over 25% lower than its all-time high. Data also suggests that BTC’s current dip period has sparked contrasting behaviors among investors with whale and shark wallets, depicting a different pattern than the smaller holders. Bitcoin’s Big Wallets Increasing The world’s leading crypto has been plagued with the distribution of seized tokens from the German government and the...

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Cambodia-Based Online Marketplace Linked with Facilitating Illicit Activities Through Crypto Payments

Huione Guarantee, a Cambodian online marketplace worth billions, owned by the Huione conglomerate linked to Cambodia’s ruling family, advances criminal activity and its financing via crypto. Tether’s USDT is a massive payment vessel in the marketplace. Elliptic exposed these happenings in a report. The marketplace connects buyers and sellers by acting as an aggregator of numerous channels from various messaging applications, bringing large groups of buyers and sellers together. These groups...

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GoldenDolphin Presale: A New Opportunity in Multichain Memecoin

[PRESS RELEASE – Dubai, United Arab Emirates, July 11th, 2024] GoldenDolphin, a new cryptocurrency project, has announced the official launch of its presale on July 14th. This follows a successful private sale that garnered significant interest and contributions from the cryptocurrency community. The project has also reached over 10,000 members across its Telegram groups, reflecting strong and growing community support. Presale to Begin on July 14th GoldenDolphin ($GLD) is...

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