Tag Archives: United States

The US presidential candidate from the Democratic party – Robert F. Kennedy – vowed to strengthen America’s official currency by backing it with bitcoin, gold, silver, and platinum. Several finance experts, such as Robert Kiyosaki, have predicted a gloomy future for the dollar, advising consumers to invest in the primary cryptocurrency or precious metals.  Kennedy’s Next Plan Involving Bitcoin Robert F. Kennedy – the nephew of the former US President John F. Kennedy – has...

Jeremy Allaire – Chief Executive Officer of Circle – believes American regulators should open arms to the cryptocurrency industry to prevent falling behind other nations.  He said the US government was among the first to propose recommendations regarding stablecoin regulation, adding that the White House, the Federal Reserve, and the Treasury Department are all focused on that mission.  ‘The US may be Late to the Party’ In a recent interview, Allaire regretted that the...

Brian Armstrong, the chief executive officer of America’s largest cryptocurrency exchange Coinbase, will privately meet with Democrats from the House of Representatives on Wednesday morning. According to a Bloomberg report, Democratic aides disclosed that the meeting would focus on crypto legislation and related issues like taxes, privacy, and national security. Coinbase CEO to Meet With House Democrats The closed-door gathering will be with lawmakers from the New Democrat...

The American authorities have reportedly arrested Brandon Austin and his father, Eugene “Hugh” Austin, over accusations that they run a massive crypto fraud, embezzling over $10 million from investors. Brandon, who has already pleaded guilty, will hear his sentence on September 6. Conning Investors to Fund a Lavish Lifestyle According to recent coverage, federal agents detained the 27-year-old Brandon Austin in April and his dad on July 5. US Attorney Damian Williams said the...

Robert Kiyosaki, the author of several best-seller books, continues to display his support for bitcoin, gold, and silver above all other assets. In his latest tweet on the matter, he praised the aforementioned three assets while warning that the rich will get richer in the wake of the US government’s policies. Sticking With BTC The largest US stock market indexes registered some gains over the week, with the Dow jumping by over 3% and the S&P 500 by just shy of that...

Eric Adams – the mayor of New York City – has reportedly pledged to amend his annual financial disclosure form after failing to include his cryptocurrency stash.  The former police officer is an outspoken proponent of bitcoin and received some of his salaries in BTC instead of fiat currency.  Fixing the Mistake As reported by CNBC, Adams asked if he could correct the document filed with the Conflicts of Interest Board since he misunderstood one of the questions. Asked whether...

CoinspeakerVeteran Economist Steve Hanke Suggests that US Inflation Is Now Gone Hanke's commentary follows barely 24 hours after the US inflation rate for June came in lower than expected at 3%. Veteran Economist Steve Hanke Suggests that US Inflation Is Now Gone

US prosecutors have reportedly targeted Ryan Salame – ex-CEO of FTX’s Bahamian subsidiary – over a possible breach of the law when donating funds to his then-girlfriend’s political campaign in 2022.  Previous sources have informed that Michelle Bond (the woman in question) has received at least $400,000 in consulting fees from FTX Digital Markets – the entity that Salame ran. According to The New York Times, the American personally donated $1.5 million to the GMI super PAC (a...

Blockchain data shows that the Department of Justice (DOJ) is moving another massive batch of seized Bitcoin (BTC) connected to Silk Road – the defunct darknet marketplace launched by Ross Ulbricht in 2011. The government has already confirmed plans to sell its Silk Road-related BTC throughout the year, meaning the latest transfers could signal its intention to soon dump more. Silk Road Sale: Round 2 As tweeted by Wu Blockchain on Wednesday, two Silk Road BTC addresses...

Coinbase’s shares spiked to almost $90 following the news that exchange operator Cboe Global Markets filed amended applications of three spot BTC exchange-traded funds, adding surveillance-sharing agreements with Coinbase. The US Securities and Exchange Commission has yet to decide on the launch of such a product. It remains unknown whether the lawsuit filed against Coinbase by the watchdog will affect its final ruling. Rising to Almost One-Year High Cboe Global Markets – an...