Mark Alexander Hopkins, also known as “Doctor Bitcoin,” pleaded guilty on charges against him of running an illegal cash-to-crypto scheme. After allowing criminals to exchange fiat currencies for bitcoin, he faces imprisonment of up to five years. Texas vs. ‘Doctor Bitcoin’ The Acting U.S. Attorney for the Northern District of Texas – Prerak Shah – announced that Mark Hopkins admitted that he ran unlicensed money transmitting business. The prosecution reminded that the...
Read More »Luxurious Beverly Hills Property Worth $65M Can Be Bought with Bitcoin
The owner of an exclusive Beverly Hills residence, listed for $65 million, is allowing buyers to pay with Bitcoin to acquire the property. If executed, the deal will break the record for the most expensive estate sold for cryptocurrency. BTC Invades Beverly Hills The American business magazine Forbes reported that the multimillion-dollar home in Beverly Hills, called Elementi, can be purchased for either $65 million in cash or the bitcoin equivalent to the fiat currency –...
Read More »COVID-19 Vaccine Certificates Sold on the Darkweb for BTC and ETH
Coinfirm revealed that some users on the notorious Darkweb have been selling falsified vaccine certificates for COVID-19 and stolen doses of vaccines in exchange for a variety of cryptocurrencies. Per the report, one can buy 10 shots of the AstraZeneca product for $250 or its crypto equivalent. BTC in Exchange for a Coronavirus Shot Criminals see the anonymous nature of the Darkweb as an attractive marketplace where they can execute a variety of illegal deals. The blockchain...
Read More »Bitcoin Reclaims $34K: Cardano Spikes 7% Following Grayscale News (Market Watch)
Although most previous weekends started with adverse price movements for bitcoin, this time, BTC added more than a grand and reclaimed $34,000. Most altcoins have also reclaimed some ground since yesterday, with Cardano (ADA) rising 7% after news from Grayscale. Bitcoin Tops $34K CryptoPotato reported previously that the primary cryptocurrency tends to head south at the start of the weekends. Consequently, there were concerns about similar developments this time as well. So...
Read More »The SEC Should Have Approved a Bitcoin ETF Already, Says Hester Peirce
Hester Peirce, also known as the “crypto mom,” believes the agency she works at – the Securities and Exchange Commission – should have greenlighted a BTC ETF years ago. She argued that the SEC’s rationale keeps growing weaker. In an interview with CNBC, Peirce commented on the hot topic of Bitcoin ETF in the US and whether the country’s regulator will eventually approve such a product. She said this is “probably the biggest, the most-often-asked question I get.” But, with the...
Read More »Strike Launches Bitcoin Trading Service, Bashes Coinbase For High BTC Fees
In a bid to secure financial freedom for all, fintech firm Strike has announced that its clients can now purchase Bitcoin (BTC) with no extra fees on its platform. Strike Launches Bitcoin Tab Announcing the development today, Strike noted that it had launched a “Bitcoin Tab” feature, which would make Bitcoin acquisition cheap, simple, reliable, and secure. With the service, users who want to buy bitcoin on the platform will not incur additional fees outside the market spread,...
Read More »Volume & Interest Decrease as Bitcoin Still Amid $30K: The Weekly Crypto Recap
The past seven days turned out to be yet another period where bitcoin’s price went through a rather choppy action. The cryptocurrency is down about 3 percent in the last week, but it wasn’t without its ups and downs. Last Saturday, we saw BTC tanking to a low slightly above $30K, causing panic and a lot of worries amid the cryptocurrency community. However, right on the following day, on Sunday, the price surged, and a massive green candle took us all the way up to $35,000. A...
Read More »S2F Model Predicts: Bitcoin Won’t Close Below $47K in August
Bitcoin’s bull run hasn’t ended, and its price could increase by more than 40% by the end of August, asserted the creator of the popular stock-to-flow model. He also predicted that the next few months will be make it or break it for the S2F. Over the course of the past few months, bitcoin’s price slumped by roughly 50% from the mid-April peak, which questioned the state of the bull market. While most of the community debates whether the 2018 scenario will repeat once again,...
Read More »Crypto Price Analysis & Overview July 2nd: Bitcoin, Ethereum, Ripple, Binance Coin, & Polkadot
Unfortunately, we had another week of particularly choppy price action where most of the cryptocurrencies are trading in the red. Ethereum is an exception with a rather insignificant gain over the past seven days. Bitcoin Bitcoin is down a total of 4.7% over the past week as it breaks back beneath $33,000. The cryptocurrency started the week looking promising after double bottoming around $31,600. From there, it started to surge higher as it formed a short-term rising price...
Read More »European Soccer Club AZ Alkmaar to Get Paid in Bitcoin
The Dutch crypto provider Bitcoin Meester has become the exclusive partner of the top soccer team AZ Alkmaar. As part of the deal, the team will receive some of the funds in bitcoin, which it pledged to hold. AZ Alkmaar – The First Soccer Club to Operate with BTC One of the most successful soccer teams in the Netherlands – AZ Alkmaar – announced its collaboration with Bitcoin Meester on its official website. The local crypto provider will become the club’s promoter, and part...
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