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Bitcoin has been on a rollercoaster ride recently, with its price failing to settle above the $72,000 resistance level. Despite a decent increase above $70,000, BTC struggled to clear the $72,000 and $72,500 resistance levels, indicating a strong bearish sentiment in the market. After reaching a high near the $72,609 level, Bitcoin faced a fresh
Recently, South Korean regulators have taken a firm stance against traders attempting to dump stolen coins on crypto exchanges. This move comes after a suspected hack on the NFPrompt platform, which led to a South Korean trader purchasing NFP coins from a hacker and selling them on the Coinone exchange. Regulators, including the Financial Supervisory
Senator Tim Scott recently stated that cryptocurrencies are being used as a scapegoat by the federal government to address concerns about illicit finance. During a crypto hearing held by the United States Senate Committee on Banking, Housing, and Urban Affairs, Scott expressed his views on how digital assets are being unfairly targeted. Deputy Secretary of
During a recent Senate hearing, Senator Tim Scott expressed concerns about the current US administration’s focus on digital assets as the primary target in efforts to combat terrorism financing. He argued that the administration is using cryptocurrencies as a “scapegoat” while overlooking more significant sources of funding, particularly those benefiting Iran. Scott pointed out that
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The cryptocurrency community is buzzing with excitement as the Bitcoin halving event draws near. However, renowned cryptocurrency expert Benjamin Cowen has issued a warning that could potentially dampen the spirits of many investors. According to Cowen, if historical patterns are anything to go by, Bitcoin may be in for a correction post-halving. He has pointed
As retail investors continue to flock to Crypto Twitter, the rise of influencer Ansem and the subsequent creation of the ANSEMWIF spin-off coin have captured the attention of many. The viral nature of this meme coin on Solana has led to explosive price trends, with ANSEMWIF experiencing a significant uptick in value. Despite not having
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The US Treasury Deputy Secretary Adewale Adeyemo has expressed concerns about Russia’s increasing use of alternative payment mechanisms, such as Tether’s USDT stablecoin, to bypass economic sanctions. This was mentioned in Adeyemo’s written testimony to the Senate Banking, Housing, and Urban Affairs Committee on April 9. It has been reported that malicious actors have utilized