Tag Archives: Bitcoin News

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Could crypto and digital currency traders hold sway over the direction in which this year’s midterm elections travel? According to a new poll, the answer is a resounding “yes.” Poll: Crypto Is Taking Over Politics The poll was commissioned by GMI PAC, which oversaw the opinions of roughly 1,000 participants. According to the survey, those interested in purchasing crypto or those who already hold it could make huge differences in how things go in key swing states...

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...

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...

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...

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Could bitcoin, Ethereum, and other digital assets experience further dips in their prices? According to Jamie Dimon, the man heading JPMorgan, the answer is a resounding “yes,” as he believes a recession is on its way and right around the corner. Jamie Dimon Warns of Ongoing Economic Turmoil Sleepy Joe Biden recently warned of a “slight recession,” again refusing to take a hard stance like a tough president and the leader of the free world should do. The fact is that...

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Denys Troyak is a native of Sydney, Australia that has a new crypto project in mind he’s calling Satoshi Island. Satoshi Island Is a Fully Crypto-Run Area The project involves creating a small city that is purely reliant on bitcoin and other digital currencies to thrive. The city will be built atop a remote (and overgrown) pacific island and will be largely private, meaning anyone who wants to get involved will likely enjoy full anonymity. Troyak got the idea because...