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Tag Archives: Bitcoin News

Will the Federal Reserve Give BTC a Break?

It looks like the Federal Reserve is in something of a giving mood. The agency has announced that with inflation in America coming to a sudden standstill, members are looking to scale back rate hike plans in the coming months. The Federal Reserve Could Stop Hiking Rates Initially, the Federal Reserve was planning to hold another big meeting in September. Now that the month has arrived, several bitcoin enthusiasts were probably shaking in their boots, as every time the...

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Mike Novogratz Company Slides Due to BTC Crash

Mike Novogratz and Galaxy Digital have always been there to support bitcoin. There’s no doubt about this, but has bitcoin been able to support them? Following the company’s recent Q2 reports, it appears BTC is abandoning both figures. Mike Novogratz Is Feeling the Burn Galaxy Digital is reporting that it lost more than half a billion in quarter two of 2022, nearly triple its losses for the same period in 2021. The company – which has become so tied to bitcoin – has...

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Fidelity Is Still Taking Flak for Its Crypto Offerings

A few months ago, Fidelity – one of the biggest retirement account firms in the world – announced that it was going to allow customers to put some of their retirement savings into digital currencies like bitcoin and Ethereum. Fidelity Rubs Senators the Wrong Way The news saw many traders and investors hitting the roof. This would surely make all crypto legitimate and mainstream, but it also rubbed a lot of people the wrong way, especially democrat senators. They scoffed...

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Crypto News Site Dirty Bubble Media Taken Down

A cryptocurrency muckraker is learning the hard way that fake DMCA takedowns can affect even the most basic material. Dirty Bubble Media – a newsletter hosted on Substack – has covered many shady elements of the crypto world for the past two years. The division has enjoyed heavy readership since its earliest days, but it was recently taken down over allegedly false claims of copyright infringement. Dirty Bubble Media Is Suffering This appears to be a recurring theme not...

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Opinion: Is Michael Saylor Being Fair to Himself?

Is Michael Saylor moving too fast by stepping down from his role with MicroStrategy? Michael Saylor Is No Longer MicroStrategy’s CEO In a recent article, Live Bitcoin News notified readers that Michael Saylor – the CEO of MicroStrategy – would be stepping down from his position as CEO and entering the new role of “executive chairman.” While nobody has listed bitcoin as the official reason, it’s interesting to see that the move is coming after Saylor put so much into...

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New “Pig Butchering” Crypto Romance Scam Emerges in Florida

Residents of Florida are being warned about a new crypto romance scam that’s operating under the names “pig butchering” and “pig slaughtering.” The names alone should be enough to make anyone run away, though for some reason, the scam has managed to permeate several online dating platforms and social media sites, meaning it is the latest scam of its kind to fully take form. A New Online Crypto Scam Is A-Brewin’ These kinds of scams are nothing new, yet the fact that...

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Robinhood Crypto Division Hit with $30 Million Fine

The crypto division of the popular trading app Robinhood has been slapped with a $30 million fine in New York after the company allegedly violated cybersecurity regulations and anti-money laundering laws. The penalty was handed down by the New York State Department of Financial Services, which accused the company of failing to utilize proper resources to halt illicit trading activity on its platform. Robinhood Has Landed in Hot Water A press release involving the matter...

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Jessica Sledge Sentenced to 10 Years After Paying Hitman in BTC to Kill Her Ex

A woman in Mississippi has been sentenced to ten years in prison after she reportedly paid as much as $10K in bitcoin to a hitman she wanted to hire to kill her ex-husband. 40-year-old Jessica Leeann Sledge pled guilty to the crime last February. Jessica Sledge Heads to Jail Court documentation suggests she intended to hire the assassin between September 21 and November 1 of last year, and that she had used interstate commerce to engage in the transaction. Upon her...

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Randa Cranford Is the Latest Victim of a Crypto Scam

Randa Cranford – a 78-year-old grandmother – is the latest victim of a crypto scam, having lost as much as $7,000 in the process. Randa Cranford Lost a Lot of Money The situation began when Cranford received a strange message on her computer screen claiming that something had been compromised and that she should call the number featured on the screen to get things resolved. In an interview, she stated: All of a sudden, these windows flashed up and a message that read,...

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Anthony Scaramucci: BTC Has Bottomed Out

Could the worst of the crypto bear market be over? According to former White House communications director and crypto bull Anthony Scaramucci, the price of bitcoin has officially bottomed out. Investors will not see things get worse from here, and he thinks BTC is fairly valued at around $40K. Scaramucci Thinks the Worst Is Over In a recent interview, Scaramucci stated: We believe that the leverage has been blown out of the system. I don’t think it’s going below the low...

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