Weidong Guan, who also goes by Bill Guan, was charged by the Department of Justice (DoJ) for participating in a scheme that laundered $67 million in illicitly obtained funds. The scheme depended on cryptocurrency and prepaid debit cards to funnel funds into Epoch Times’ bank accounts as well as Guan’s personal bank and crypto accounts. The Epoch Times is a global media platform catering to conservative audiences and is often known for bashing the Chinese government. However, the media outlet...
Read More »Dogecoin Whales Signal Bullish Sentiment, Stack Up 200 Million DOGE
Despite the renewed hype surrounding meme coins, the OG Dogecoin’s price action has remained relatively dull. But whales appear to be bullish on the asset’s price trajectory as they continue to rake in tokens. According to crypto analyst Ali Martinez, large holders or whales have been actively accumulating Dogecoin over the past five days. Martinez stated that such entities have added a staggering 200 million DOGE to their holdings, signaling a significant accumulation phase...
Read More »Is Dogecoin Ready to Reach the $1 Milestone? Analysts With Interesting DOGE Price Predictions
TL;DR Despite Dogecoin’s recent decline to around $0.15, numerous analysts foresee a significant price increase, with one predicting a 7x rise to over $1. Ali Martinez notes a key resistance at $0.166-$0.171, suggesting a potential rise to $0.32 if overcome. DOGE Bull Run in the Making? The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – experienced a significant resurgence in March this year, with its price spiking to $0.22. Since then, though, it...
Read More »Miners’ Bitcoin (BTC) Stash Dwindles to Levels Unseen Since Satoshi Era
The supply of bitcoin held by miners has dwindled to levels not seen in over 14 years. This massive decline in miner reserves comes at a time when the broader cryptocurrency market is witnessing a surge in institutional interest and growing mainstream adoption. Bitcoin Miner Reserves Hit 14-Year Low According to on-chain analysis firm CryptoQuant’s latest analysis, the last time miner reserves were this low, bitcoin was still in its infancy. Bitcoin creator Satoshi Nakamoto...
Read More »UK Community Benefits as SwissBorg Ensures Full Compliance with FCA’s Finprom Rules
[PRESS RELEASE – Tallinn, Estonia, June 4th, 2024] SwissBorg, a leading European cryptocurrency investment platform, is proud to announce its full compliance with the Financial Conduct Authority’s (FCA) stringent rules on financial promotions in the UK. One of a few cryptocurrency platforms to ensure such compliance in the UK, SwissBorg ensures that UK users are equipped with the necessary knowledge and skills to navigate the world of cryptocurrency investments. SwissBorg has...
Read More »Polkadot (DOT) Ecosystem Recap: The Recent Advancements
TL;DR Polkadot Blockchain Academy launched its fifth cohort in Singapore to nurture developer talent with 184 lecture hours and 18 experienced instructors. Polkadot recently introduced Asynchronous Backing for better block validation and partnered with Founder Institute for a Web3 cohort. Despite those advancements, DOT’s price remains steady at around $7, with mixed future predictions. The Latest Update According to a document shared with CryptoPotato, Polkadot Blockchain...
Read More »First of its Kind Spot Bitcoin ETF (IBTC) with Direct Bitcoin Holdings Live in Australia
The first-ever spot bitcoin ETF starts trading today in Australia. Listed on Cboe Australia, the Monochrome Bitcoin ETF (IBTC) is managed by Monochrome Asset Management Pty Ltd. The Australian Securities & Investments Commission (ASIC) approved the exchange-traded product sometime during the first quarter of 2024. With the listing going live on June 4, 2024, IBTC becomes the first ETF on Cboe to offer investors direct exposure to bitcoin in a completely regulated setting. According to...
Read More »Philippines Fintech Revolution Summit
PHILIPPINE’S DIGITAL FINANCEFRONTIER: FINTECH UNLEASHED Makati,Philippines- 12/07/24 We TraiCon Events will be hosting Philippine’s premier fintech event titled as “Fintech Revolution Summit” scheduled on 12th July 2024 in Makati City: The Financial Hub of the Philippines. This summit aims to bring together 400+ BFSI experts& fintech leaders to discuss and deliberate the trends around financial technology and investment opportunities for the finance sector. Fintech founders, central bank...
Read More »Fully On-chain AI Game Cellula Partners with SafePal to Launch Wallet Holder Offering (WHO) Campaign
According to Cellula’s official twitter, on June 4th, Cellula will partner with Web3 wallet suite SafePal to launch the Wallet Holder Offering (WHO) airdrop campaign, distributing 2.4 million Cellula tokens (CELL) and 70,000 BitLife NFTs to users. TGE is planned for Q3 and finalized details will be announced on Cellula’s official channels. The campaign is limited to a first-come, first-served basis for the first 70,000 participants till June 25th, and users can complete designated tasks...
Read More »Millions Flock To BlockDAG’s Keynote 2 Event As Presale Clocks $40M, Outpacing HBAR Price & Kaspa
Following the Keynote 2 event, BlockDAG has captured significant attention, leading to a record-breaking $40.8 million raised in its latest presale. This surge in interest highlights the effectiveness of BlockDAG’s innovative approach and strategic vision. The recent Dev Release 38, which introduced a new timestamp-based sorting algorithm, showcases the company’s commitment to technological advancement. Despite facing competition from notable players like HBAR and Kaspa, BlockDAG’s...
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