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Man Who Paid $20K in BTC to Hitman to Kill a Child Goes to Prison for 6 Years (Report)

John Michael Musbach – a 34-year-old resident of Haddonfield, New Jersey – was reportedly sentenced to six and a half years in jail for hiring a hitman to commit a murder. He transferred $20,000 worth of BTC to the “executor” to kill a kid that was about to testify against him in a child-pornography case. Moreover, the youngster was the victim.  The Gruesome Crime That Led to the Punishment According to recent coverage, Musbach exchanged sexually explicit videos and...

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A Woman Named Sarita Discovered Her Husband’s Crypto Holdings Following Their Divorce

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A woman named Sarita divorced her husband a few years back. Nothing seemed odd at first; people get divorced all the time. However, when her husband (who makes $3 million per year) declared no assets, she became suspicious. Sarita Discovers Her Ex-Spouse’s Hidden Crypto Stash Following a year of discovery,...

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Not Just BlackRock: These Companies Have Also Filed for Spot Bitcoin ETF in the US

In the past two weeks, there has been a series of spot Bitcoin exchange-traded fund (ETF) applications from different traditional finance giants in the United States. The frenzy started after BlackRock, the world’s biggest asset manager with over $9 trillion in AUM, submitted its spot Bitcoin ETF filing with the United States Securities and Exchange Commission (SEC) on June 15. A Bitcoin Spot ETF Frenzy BlackRock’s move spurred several Bitcoin ETF hopefuls to make fresh...

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Bitcoin Company Strike is Relocating to El Salvador

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin payments company Strike has anticipated that it will grow across 65 countries in the coming years and expand its list of clients to roughly three billion souls. Strike Wants a Change of Scenery Jack Mallers – CEO of the Chicago-based company – explained in a recent interview: We think there are billions...

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Fidelity, VanEck, Invesco Amend Bitcoin Spot ETF Filings Following SEC’s Warning (Report)

Several financial giants, including Fidelity, 21Shares, and WisdomTree, have changed their filings with the Securities and Exchange Commission in regard to their applications for Bitcoin Spot ETFs. This comes just hours after the US securities regulator reportedly warned that all recent filings for such products were “inadequate.” BlackRock splashed the waters two weeks ago when it filed with the SEC to launch a Bitcoin Spot exchange-traded fund. While it was definitely not...

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Solana (SOL) Eyes $20 After 5% Daily Jump, Bitcoin (BTC) Maintains $30K: Weekend Watch

Bitcoin has calmed after the Friday rollercoaster that drove it up and down by over a grand and remains relatively still at $30,500. The altcoins are also less volatile today, as it typically happens during the weekends, with SOL emerging as the most substantial gainer from the larger caps. BTC Above $30K Bitcoin went on a tear last week when it jumped from $26,500 to over $31,000 to register a new multi-month high. The bears tried to intervene but only managed to halt BTC’s...

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Over 60% of Institutional Investors Bullish on Crypto for Next 12 Months: Survey

A new survey by Binance Research, the research arm of the world’s largest cryptocurrency exchange, found that most institutional investors are optimistic about the outlook of cryptocurrencies for the next 12 months. Binance Research conducted the survey from March 31 to May 15, 2023, with 208 global institutional clients and VIP users as the respondents. The study, dubbed the “Institutional Crypto Outlook Survey,” explored the respondents’ attitudes, preferences, motivations,...

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$7.8 Billion Lost to Crypto Ponzi Schemes in 2022: Report

TRM Labs, a leading blockchain analysis firm focused on preventing cybercrime, has released a comprehensive report on the illicit sums lost to bad actors in the crypto space in 2022. The figures are quite notable, especially given the declining prices and interest in the market last year. Improved Cybersecurity Measures In spite of the plummeting value of various digital assets due to crypto winter and the myriad collapses that accompanied it, the number of scams and thefts...

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BTC Flirts With $30K But Warning Signs Start Popping: Bitcoin Price Analysis

After a successful breakout above the critical $30K resistance level, Bitcoin’s price is currently maintaining its position above this level. However, there are concerning indications emerging that suggest a potential retracement or change in direction in the near future. Technical Analysis By: Edris The Daily Chart: After a strong bullish breakout above the crucial resistance level at $30K, the upward momentum in Bitcoin’s price has halted on the daily chart. The price is...

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Pakistan Hints at Possible Ban of Crypto Trading

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The nation of Pakistan has issued a warning that it’s going to look into potentially banning crypto. Will Pakistan End All Crypto Activity? The news came by way of Pakistan Minister of State for Finance and Revenue Aisha Ghaus Pasha, who said in a recent Senate session that his country has no interest in...

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