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DOJ arrests New York couple and seizes $3.6 billion in bitcoin related to 2016 hack

The Justice Department seized $3.6 billion worth of cryptocurrency in connection to the hack of a virtual currency exchange in 2016. A couple from New York was also arrested for conspiring to launder billions. This seizure, which was the largest for the department’s history, and the arrests are related to the 2016 hack of Bitfinex. Officials […]

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Fantom Surpasses Binance Smart Chain as the Third-Largest Defi Blockchain

This week, the defi and smart-chain blockchain project Fantom officially surpasses BSC in terms TVL in defi protocols. Fantom’s current holdings of $11.73 Billion were up 46.62% in seven consecutive days on January 24, 2022. Year-to-date Fantom’s native symbol fantom (FTM), is up 4,671.7% versus the U.S. Dollar. However, FTM has experienced a 18.6% drop in the past […]

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Moneygram Invests in Crypto ATM Operator – CEO Bullish on Opportunities Crypto Offers

Moneygram International Inc. (NASDAQ : MGI), announced Wednesday that it had ‘completed a strategic minor investment in Coinme. A leading cryptocurrency cash exchange, the U.S.’. This venture gives Moneygram a roughly 4% stake in Coinme. Alex Holmes, CEO and chairman of Moneygram, said: Moneygram remains bullish on the many opportunities in cryptocurrency. We are also […]

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Basics Of Bitcoin – A Guide For All The Newbies!

Bitcoin is still a new technology. You should be aware that bitcoin was created to facilitate transactions. Some people like to refer to it as a virtual currency. Bitcoin’s main purpose is to be a means of exchange without intermediaries. You must understand the differences between this cryptocurrency and traditional currencies in order to understand how it works. Bitcoin […]

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With bitcoin holding below $50,000, two traders share their favorite alternative cryptocurrency plays

As the Federal Reserve began its two-day meeting on Tuesday, cryptocurrencies were watching. Recent months have seen the possibility of a halt to stimulative monetary policies. Bitcoin rallied on Tuesday, but it remains below the psychologically significant $50,000 mark and well above its highs close to $70,000 set last November. CNBC’s Trading Nation asked its traders to describe how they […]

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Jack Dorsey’s departure from Twitter gives him more time to focus on his passion for bitcoin

Jack Dorsey, Twitter’s CEO, resigned Monday morning. He said that Twitter was ready to move on from its founders. This means that he will have more time for Square (the payments company he founded and runs) and his growing fascination with cryptocurrency. Dorsey has been a long-time bitcoin fan. He attributes his passion for the largest cryptocurrency in the […]

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The Metaverse Is the Next Big Investment Theme, According to Morgan Stanley

According to a note sent to investors on Thursday, Morgan Stanley, the largest investment bank in the world, said it believes the metaverse is the next big investment opportunity. The metaverse is an idea that allows individuals to create their own universe and do real-life tasks like buying things or gaming with others. Companies are already attempting […]

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The Advantages of Bitcoin Trading You Should Know About

Bitcoin (BTC), a cryptocurrency that is also an innovative payment network, was created in response to the 2008-09 financial crisis. The many benefits of digital currency include lightning-fast transactions, low fees, and the ability to bypass any privacy concerns that bitcoin may have. Every day, more and more people and traders are jumping on the bitcoin train. We’ll […]

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These are the 3 main drivers behind bitcoin’s 35% rally over the past week, according to JPMorgan

Bitcoin has experienced an incredible rally from its September lows of $40,000, quickly surpassing technical resistance levels and gaining almost 35%. Bitcoin’s rise past a $1 trillion market value is due to a variety of factors, JPMorgan stated in a note Thursday. Bitcoin’s increasing role as an inflation hedge has helped to lift gold prices which have been flat […]

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Chinese bitcoin mining company Saitech to go public on Nasdaq via SPAC

Chinese bitcoin mining company Saitech Ltd. will go public via a merger with a special-purpose acquisition company on Nasdaq. The deal will see Saitech merge with TradeUP Global Corp for a pro-form equity value of $228 millions. TradeUP Global has $44.9 million of cash that will be used by Saitech to support its growth plans and provide additional […]