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British police accuse Chinese woman of laundering $6.3 billion worth of bitcoins
A Chinese woman residing in the UK and formerly employed as a delivery worker for a takeaway restaurant has been accused by authorities of laundering a staggering $6.3 billion worth of Bitcoin. Officials affirm that the cryptocurrency was acquired through fraudulent means. ...
The Ukrainian minister reported on the sale of cryptocurrency for 17.4 million hryvnia
Alexei Kamyshin, the newly appointed Minister of Strategic Industries in Ukraine, made headlines recently with his declaration of a hefty income from cryptocurrency sales. According to the declaration, the high-ranking official earned an impressive 17.4 million hryvnia from the ...
Markus Thielen: I know when Bitcoin will rise above $52,000
A market analyst at 10x Research, who accurately predicted a decline in the Bitcoin price, has now forecasted that the cryptocurrency could potentially reach $52,000 by April. Markus Thielen bases his predictions on the theory that asset prices move in five waves. The r ...
JPMorgan: Interest in spot Bitcoin ETFs is declining
Analysts from one of the largest American banks, JPMorgan, have released a unique report revealing a decline in investor interest in spot bitcoin exchange-traded funds (ETFs). Since their launch on January 11th, nine active Bitcoin funds have attracted a total of $857 m ...
Matrixport: Bitcoin will soon fall to $36,000
Matrixport analysts made a unique prediction, forecasting a drop in the price of Bitcoin, the worldβs first cryptocurrency, to $36,000. However, they also believe that Bitcoin will be able to recover and rise in value due to favorable macroeconomic conditions and increased liqui ...
IntoTheBlock: Crypto whales accumulated $3 billion worth of bitcoins in January
Researchers from the cutting-edge IntoTheBlock platform recently revealed that in January, significant players in the cryptocurrency market, commonly known as whales, accumulated approximately $3 billion worth of bitcoins.In total, these crypto whales augmented their re ...
Chinese Harvest Fund has applied to issue a Bitcoin ETF in Hong Kong
A subsidiary of Harvest Fund Management (HFM) has filed a request to list Bitcoin spot exchange-traded funds (BTC-ETFs) in Hong Kong. HFM currently manages approximately $200 billion in assets and is one of China's largest investment funds. Harvest Fund Kong has a ...
Court sentences Guam man to 30 months in prison for illegal Bitcoin exchange
In a landmark case, Guam resident Julien Abate Weymouth has been handed a 30-month prison sentence for his involvement in an illegal money transfer business, bitcoin exchange and transfer, as well as solicitation of crypto investments. According to the District Attorney ...
Vanguard calls Bitcoin an immature asset class
Investment management firm Vanguard has officially declared its decision not to launch a Bitcoin exchange-traded fund (ETF), citing the cryptocurrency as an "immature" asset class that does not align with the company's philosophy. Janel Jackson, Vanguard's Global Direct ...
Stock Market Review: How Bitcoin ETF Approval Affected Crypto Stocks
The effect of the approval of spot Bitcoin ETFs on cryptocurrency prices was exactly the opposite of expectations. How did the shares of large crypto companies react to the events of January 11, 2024? The US Securities and Exchange Commission (SEC) approved Bitcoi ...
