The FBI created its own crypto token called ‘NexFundAI’ to take down market manipulators – Fortune
A judge on Wednesday unsealed a wide-ranging criminal case brought by the Justice Department against 18 individuals and companies accused of manipulating cryptocurrency markets and artificially inflating tokens. The operation targeted a multibillion-dollar cryptocurrency company and relied on a new FBI-created cryptocurrency scheme, according to the complaint. The indictment marks the first time the Justice […]
The Endless Downfall of a Crypto Power Couple – The New York Times
He was a wealthy cryptocurrency executive who owned a shiny white Porsche and a luxury condo in the Bahamas. She was a crypto policy expert with political ambitions and an advocate for the industry in Washington. Romance blossoms after the two are brought together by an unlikely matchmaker, Sam Bankman Freed, the founder of the […]
What USDT dominance reveals about the health of the crypto market – AMBCrypto News
Evaluate the relationship between USDT's superiority and virtual currency prices. For USDT flows, we see that the outcomes for buyers and sellers are almost equal. USDT's dominance reveals a lot about the market mood. This is primarily because USDT is the largest stablecoin, so its activity and on-chain flows may reflect the state of market […]
The crypto exec in the running to replace SEC’s Gensler under Trump: report
A Robinhood executive has reportedly emerged as a potential candidate to lead the Securities and Exchange Commission if Donald Trump is elected president and ousts SEC Chairman Gary Gensler. Dan Gallagher, Robinhood's chief legal officer and former SEC commissioner, is seen as the front-runner for the Republican nomination. According to more than a dozen former […]
Research Highlights Bitcoin And Crypto Stance As Important Factors In Upcoming US Elections – Bitcoinist
of next american presidential election is coming soon, and candidates' stance on cryptocurrencies This is an important campaign point. More than many expected. According to recent research Conducted by ConsenSys, A majority of crypto holders plan to vote in the presidential election, and nearly half of voters believe that pro-crypto stances are an important factor […]
Crypto index investing to start? U.S. asset managers seek SEC approval – AMBCrypto News
Hashdex and Franklin Templeton compete for US crypto index ETF. The diversification benefits of cryptocurrency indexes make them highly profitable. Based on recent filings from potential issuers, crypto index investing appears to be gaining momentum. On October 1, Hashdex filed an amended registration. filing (S-1) Filed with the U.S. SEC after the SEC requested more […]
Crypto asset manager Bitwise files for first XRP exchange-traded fund
Shah Gilani, chief investment strategist at Money Map Press, spoke before the opening bell about his outlook for the market and why he bought Coinbase at Varney & Company. Crypto asset management company Bitwise has filed an initial registration statement with the Securities and Exchange Commission, indicating its intention to launch an XRP exchange-traded fund, […]
Ohio Senator Introduces Bill to Allow Bitcoin, Crypto Payments for State Taxes – Decrypt
On Monday, Ohio Sen. Niraj Antani proposed A bill that would establish Ohio as one of the few states to accept cryptocurrency payments for state and local taxes. The proposed bill would require all political branches in Ohio to accept Bitcoin and other cryptocurrencies for payments, although the specific digital assets have not yet been […]
Crypto owners evenly split between Harris, Trump: Poll
According to a new Morning Consult poll commissioned by cryptocurrency exchange Coinbase, Americans who own cryptocurrencies support Vice President Harris and former President Trump in equal numbers. The poll, released Monday as part of Coinbase's third-quarter crypto landscape report, found that 47% of crypto holders plan to vote for Harris in the November election, while […]
Is Ripple Stablecoin Launch Coming Soon as 1,700,000 RLUSD Minted Since Sept 28 – The Crypto Basic
Ripple's RLUSD stablecoin has undergone extensive testing as part of the company's efforts to fully expand its reach into the stablecoin market. It was originally announced in April, but RLUSD began beta testing in August, but is currently only accessible to the company's enterprise partners. The increase in minting activity suggests that Ripple is inching […]