The pair, who face 20 years in prison, lacked the necessary computing power to carry out the crypto mining they had promised to investors.
A bill filed in Michigan's House would allow the state to buy crypto and lend it out to increase yields for state funds.
Have you wondered how the new law for cryptos will be in the future? Warren Buffett has stated that you simply take your dip when the tide rolls out. The MiCA regulation is the effort to order the chaotic crypto cosmos.
Klarna Bank, a Swedish fintech company known for its Buy Now, Pay Later service plans to embrace cryptocurrency after previously criticizing it. Klarna's CEO Sebastian Siemiatkowski made the announcement about that the firm plans to embrace cryptocurrency.
Gamestop is rumored to be exploring allocations in bitcoin as it seeks to broaden its financial horizons, according to individuals with knowledge of the situation who spoke to CNBC.
The Securities and Exchange Commission will likely face a mid-October deadline to decide whether Grayscale's XRP and Dogecoin ETFs get off the ground.
America's most powerful banking executives have arrived in Washington for a high-stakes roundtable with senators on Capitol Hill, where debanking—the widespread closure of accounts tied to crypto, firearms, and other industries—is the only topic on the table.
A South Korean expert has claimed that public interest in crypto is one of the factors contributing to a rising number of embezzlement cases in the country. The post Expert: Crypto Fever Spurring a Sharp Rise in South Korean Embezzlement Cases appeared first on Cryptonews.
Changpeng Zhao (CZ), the founder of Binance, has sparked speculation about launching a meme coin after revealing that he owns a Belgian Malinois dog.
Recent analysis in the cryptocurrency market suggests Cardano (ADA) could see substantial price growth similar to Binance Coin's (BNB) remarkable 20% surge. Binance Coin, the fourth-largest cryptocurrency by market capitalization, has been leading the charge in the altcoin market, experiencing a strong rally amid market consolidation.
XRP price is moving higher from the $2.40 support zone. The price is showing positive signs and might gain bullish momentum above $2.60.
BNB is poised to sustain its rally with strong technical signals and market support.
Renowned economist Peter Schiff criticized video game retailer GameStop Corp.'s (NYSE:GME) potential move to invest in Bitcoin (CRYPTO: BTC) on Thursday, likening it to a desperate attempt to gain relevance. What Happened: Schiff said the company, which he believed lacked a “viable” business plan, had “thrown another Hail Mary” by considering adding Bitcoin to its reserves.
GameStop's potential crypto pivot highlights the retail sector's struggle to adapt, possibly reshaping its business model and market perception. The post Wall Street rebel GameStop explores Bitcoin investment amid retail struggles appeared first on Crypto Briefing.
Coinbase just dropped numbers that Wall Street didn't see coming. The biggest crypto exchange in the U.S. reported fourth-quarter revenue of $2.27 billion, a 130% jump from last year and well past the $1.88 billion analysts had expected, according to LSEG data.
Bitcoin has faced persistent challenges in recent weeks, struggling to maintain a stable upward momentum. After recently slipping below $100,000, the cryptocurrency now hovers around the $95,000 mark, causing uncertainty among investors.
Ethereum price is moving higher above the $2,650 zone. ETH might gain bullish momentum if it clears the $2,750 resistance zone.
Brian Armstrong said the US now has the “most pro-crypto Congress we've ever seen,” which will lead a global change in crypto regulations.
With regulatory clarity on the horizon, cryptocurrency is “now going mainstream,” Coinbase Co-Founder and CEO Brian Armstrong said Thursday (Feb. 13). Speaking during the company's quarterly earnings call, Armstrong said Coinbase aims to be the platform that helps companies that are new to crypto begin to integrate it into their operations.
What began as a joke could soon be a Wall Street hit as a Dogecoin ETF proposal vies to be the first spot meme coin fund.
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong underscored the need for comprehensive legislation regarding token classification and stablecoins to drive capital flows into the cryptocurrency market on Thursday. What Happened: During the company's fourth-quarter 2024 earnings call, Armstrong pinpointed crucial areas that require legislative attention.
SEC acknowledges Grayscale's XRP ETF filing, fueling speculation on approval and Ripple case impact. Could this be a game-changer for XRP?
Tyr Capital's Ed Hindi says sentiment around Ethereum is at rock bottom, which is making a near-term reversal more likely.
With $1.6 trillion under management, why is Franklin Templeton doubling down on blockchain?
Bitcoin is now at a critical phase, consolidating between key supply and demand levels as uncertainty dominates the market. Over the past week, the price has ranged between $98K and $94K, leaving traders and investors speculating about the next significant move.
Coinbase Q4 revenue was $2.3 billion, an 88% increase from the previous quarter, and net income reached $1.3 billion.
GameStop is getting into Bitcoin. The video game retailer, known for its wild meme stock history, is considering adding Bitcoin and other cryptocurrencies to its balance sheet, according to a report from CNBC.
Bitcoin price is consolidating above the $95,000 support zone. BTC must settle above the $100,000 level to start a decent increase in the near term.
Solana (SOL) has been experiencing considerable pressure as its price struggles to stay above $200, now declining toward the $190 range. After facing strong resistance around the $200 mark, Solana's market cap is now sitting at around $94 billion, and the recent downtrend has raised concerns about the potential for further price declines.
The US-based Ready Makers says it won a court order to freeze crypto tokens from its Gibraltar subsidiary, Ready Maker, which it claims it lost control of.
Jito breaks out of a falling wedge, confirming a bullish breakout as Open Interest rises by 6.46% on major exchanges.
South Koreas Financial Services Commission (FSC) will lift its long-standing ban on institutional cryptocurrency trading, aligning with global trends and rising domestic demand for blockchain ventures. In the first half of 2025, non-profits such as charities, universities, and law enforcement agencies will be permitted to sell virtual assets.
XRP has been outperforming Bitcoin in recent days, with its BTC pairing rising to $0.0000255. Since bouncing from $0.00002345 on Feb. 7, XRP has recorded gains on six of the last seven days, marking four consecutive days of growth since Feb. 9.
Figment, a leading staking infrastructure provider with over $15B in staked assets, has joined the Blockchain Association, the top U.S. crypto industry trade group. This move highlights Figments commitment to influencing regulations supporting institutional crypto adoption.
XRPs recent price action shows a short-term EMA crossover that may signal consolidation rather than a bearish trend. The 26/50 EMA crossover, spotted on XRPs chart, often indicates a temporary correction instead of a prolonged downtrend.
PancakeSwap, a leading decentralized exchange (DEX) on BNB Chain, has surpassed Uniswap in daily and weekly trading volume, driven by increased interest in memecoins. According to DeFiLlama, PancakeSwap recorded over $3 billion in 24-hour volume and $21 billion weekly, while its native token, CAKE, soared 40% in a day and doubled in value over the week.
JPMorgan warns that Tether, issuer of USDT, may face compliance hurdles from proposed U.S. stablecoin regulations. The GENIUS Act, targeting federal oversight for stablecoins with over $10 billion market cap, and the STABLE Act, imposing stricter state-level reserve standards, could force adjustments to Tethers asset holdings.
Coinbase (COIN) reported stellar fourth-quarter earnings, far surpassing Wall Street expectations as crypto trading surged amid a major bull run. The leading U.S. crypto exchange posted revenue of $2.27 billion, a 138% year-over-year increase, beating the consensus estimate of $1.84 billion and up from $1.26 billion in the previous quarter.
Hashflare co-founders Sergei Potapenko and Ivan Turõgin pleaded guilty to conspiracy to commit wire fraud for operating a $577 million crypto mining Ponzi scheme. Arrested in Estonia in November 2022 and extradited to the U.S., they face up to 20 years in prison.
The Trump Administration is advancing a pro-blockchain agenda, signaling a major shift for U.S. digital assets. With 55% of American investors holding Bitcoin and over 40 million owning cryptocurrencies, blockchain technology is rapidly transforming finance.
Donald Trumps return to the White House has fueled a Bitcoin rally, pushing prices to an all-time high of nearly $109,000. His pro-crypto stance and pledge to mine all remaining Bitcoin in the U.S. have boosted industry optimism.
Binance co-founder and former CEO Changpeng Zhao, known as CZ, revealed his dogs name, igniting a meme coin frenzy. CZ announced on X (formerly Twitter) that his 18-month-old Belgian Malinois is named Broccoli.
Video game retailer and meme stock GameStop is considering investments in bitcoin and other cryptocurrencies, according to a CNBC report. Following the news, GameStop shares surged as much as 20% in after-hours trading. Since then, the stock has cooled off and trades are around 7% higher.
Shiba Inu (SHIB) has gained 8% over the past week, attempting to recover from a 25% monthly decline. With a $9.5 billion market cap, SHIB aims to reclaim the $10 billion mark, solidifying its position as the second-largest meme coin after Dogecoin (DOGE).
GameStop (GME) is reportedly exploring investments in alternative assets, including bitcoin (BTC) and other cryptocurrencies, according to CNBC. The news follows a social media post by GameStop CEO Ryan Cohen featuring a photo with Strategy (MSTR) founder and Executive Chairman Michael Saylor.
An unofficial GameStop Solana-based memecoin also saw a huge surge following speculation the retailer is considering adding crypto to its balance sheets.
A major whale reappeared after two months, withdrawing 61,319 SOL. Could this mark a new bullish phase for Solana?
Meme coin PEPE is showing signs of bullishness in a market currently filled with uncertainty. This bullish sign is reflected through PEPE's projected breakout of the 800 EMA, which is a sign of bullish reversal.