Tag Archives: Bitcoin News

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Brad Sherman – a cryptocurrency skeptic and congressman – says crypto billionaires are largely responsible for the fact that digital asset regulation has taken so long to arrive. Brad Sherman Wants Regulation NOW In a recent interview, Sherman said that the collapse of the leading exchange FTX in mid-November is reason enough to get the ball rolling on digital currency regulation. He mentioned: The collapse this week of one of the largest cryptocurrency firms in the...

Romance scams are a growing trend in the digital currency arena, and one woman – Lauren Duncan – is sharing her story hoping that people can be saved from the same scenario that almost plagued her. Lauren Duncan Nearly Became Another Crypto Victim Duncan, like many people in America, was looking for love online one day and went so far as to join Hinge, a dating app that’s designed to be deleted once a person has found their special someone. Duncan indeed found someone...

It’s been so many years, and yet the shadows of the dark web platform Silk Road are still with us. Silk Road operated under the illicit hand of Ross Ulbricht and was known for being a market where individuals could pay for drugs, guns, and other illegal items with bitcoin and cryptocurrency. A Lot of Silk Road Money Has Suddenly Turned Up Now, it appears the U.S. Department of Justice (DOJ) has seized more than $3 billion in BTC from a man that “unlawfully obtained”...

Abu Dhabi has launched a new organization it’s calling the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA). The non-profit is built to bring industry leaders together to discuss the major challenges the crypto industry brings to the region and to see how best to integrate crypto into everyday life. The MEAACBA Will Seek to Strengthen the Crypto Space Among the financial companies that have already joined the MEAABA include Bit Oasis, a...

Fidelity Investments is getting ready to offer both bitcoin and Ethereum trading to retail investors. The good news is that all trades will be commission free, though anybody seeking to engage in digital currency trading is likely to still pay a one percent fee on all the money they exchange. Fidelity Isn’t Being Entirely Forthcoming About Its Fees The 401K giant announced that roughly one percent fees will be attached to all transactions. Javier Paz – director of data...

It appears many digital currency fraudsters and malicious actors are targeting senior citizens, and many organizations out there are trying hard to show seniors how they can prevent themselves from falling victim to such traps. Seniors Don’t Always Get Crypto It’s believed many seniors out there are not tech or computer savvy; that they aren’t familiar with how crypto and distributed ledger systems work and thus they can be taken advantage of. Enterprises like Elder...

Crypto billionaires are all very pleased with Elon Musk as of late, and they’re very excited that the South African entrepreneur is taking over Twitter. Crypto Billionaires Are Happy with Elon Musk Musk has been turned into something of a villain by democrats and Hollywood celebrities who all claim he’s going to turn the social media platform into a haven for hate speech. By contrast, money hounds in the crypto space have a lot of hope that Musk is going to bring Twitter...

Fintech firm Uala – based in the nation of Argentina – is venturing into crypto territory and has stated it will allow customers to trade digital assets like BTC and ETH through its app. Uala in Argentina Is Giving Way to Crypto Trades Valued at roughly $2.5 billion following its last funding round, Uala is becoming one of the largest financial technology companies in South America. Customers that utilize the app will be able to trade pesos for mainstream assets like...

Bitcoin price started a recovery wave above the $17,000 support against the US Dollar. The price is now trading above $17,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $17,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $18,000 resistance zone. Bitcoin price is recovering above $17,000 against the US Dollar. BTC might extend its recovery if...