Tether CEO Paolo Ardoino has denied allegations that the company is facing an investigation by the U.S government. This comes in response to a Wall Street Journal report on an alleged probe by U.S. authorities into Tether's involvement in sanction violations and anti-money laundering (AML) breaches.
As Microsoft shareholders consider Bitcoin investment, Michael Saylor offered to help—after amassing $16 billion worth for MicroStrategy.
Bitcoin's path to $70,000 hinges on lower interest rates, the US election outcome, boosted BTC miner profits, and strong spot ETF demand.
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations.
In a recent report by the Wall Street Journal (WSJ), it was alleged that Tether is currently under federal investigation for potential violations related to sanctions and anti-money laundering (AML) regulations in the US. The inquiry, reportedly led by prosecutors from the Manhattan US Attorney's Office, is said to focus on whether Tether's stablecoin, USDT, has been used by third parties to finance illegal activities such as drug trafficking, terrorism, and hacking, or to launder the proceeds from these activities.
Crypto prices fluctuated heavily over the week as Bitcoin price swung to above $69K and back under $65K before regaining some ground to trade above $67K on Friday evening. Most altcoins swung sharply too, with meme coins seeing huge gains before paring them.
A complex interplay of internal and external dynamics is holding back altcoin season, tightly linked to Bitcoin's price movements.
XRP price has been subdued in recent weeks due to the SEC's appeal. But seeing that it has been here before, is there a way back up?
A closely followed crypto analyst says the crypto markets are about to go parabolic, predicting a massive six-figure price tag for Bitcoin (BTC).
A decline in the gold price rally could fuel Bitcoin (BTC) to new highs this year. Data from previous years shows that a pullback in inflows to the precious metal leads to the opposite in Bitcoin.
Cryptocurrency markets are trading lower despite whale transactions rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,789.25 -1.9% Ethereum (CRYPTO: ETH) $2,471.40 -2.5% Solana (CRYPTO: SOL) $167.86 -5.4% Dogecoin (CRYPTO: DOGE) $0.134 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001721 -3.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.5% and daily active addresses dropping by 6.3%.
MicroStrategy co-founder Michael Saylor has jumped in with an offer as tech stalwart Microsoft is set to vote on a major proposal to diversify the company's corporate treasury by adding Bitcoin (BTC).
U.S. federal authorities are currently examining stablecoin issuer Tether (CRYPTO: USDT) for potential infractions of U.S. sanctions and anti-money-laundering regulations, according to a report. What Happened: This inquiry, conducted by the Manhattan U.S. Attorney's Office, is investigating possible misuse of Tether's stablecoin in activities like drug trafficking, terrorism financing, and laundering proceeds from these illicit actions, The Wall Street Journal reported.
Spot Bitcoin ETF demand soars to a six-month high, but BTC futures contract volumes “remain somewhat subdued” and could be a reason why the price is constrained.
U.S. authorities are scrutinizing Tether for potential breaches of anti-money-laundering laws and sanctions, according to sources cited by The Wall Street Journal (WSJ) in a report written by Angus Berwick, Vivian Salama, and Ben Foldy and published earlier today.
Bitcoin's [BTC] mining difficulty has hit an all-time high, a key milestone that reflects the growing competition among miners and the overall security of the network. This development, driven by a surge in Bitcoin's hashrate, highlights the increasing commitment from miners as they race to secure rewards amid a bullish market.
Tether CEO Paolo Ardoino denied reports about the firm being under investigation in the US. Ardoino's clarification comes after a Wall Street Journal report claimed that federal prosecutors in Manhattan are allegedly investigating the stablecoin issuer.
Stablecoin issuer Tether has denied a report claiming that the company is being investigated by the U.S. government.
On October 24, BitcoinOS announced the launch of its Grail bridge on the Cardano network, enabling Bitcoin (BTC) liquidity to flow into the Cardano (ADA) ecosystem.
Cryptocurrency company Tether is currently under federal investigation for possible sanctions and anti-money laundering (AML) violations, according to the Wall Street Journal.
Recent movements in Bitcoin's price signal potential breakouts, driven by corporate confidence and positive economic trends.
Bitcoin currently ranges between $65,000 and $69,500 following two weeks of bullish price action, sparking renewed optimism among analysts and investors. The prevailing sentiment is that BTC is on the verge of reaching new all-time highs in the coming weeks, with confidence building that March's cycle top predictions may have been premature.
On-chain data shows that the Bitcoin Mining Difficulty has set a new all-time high (ATH) after the jump in the latest network adjustment. Bitcoin Mining Difficulty Has Seen An Increase Of Nearly 4% Recently According to data from CoinWarz, the BTC Difficulty has seen a positive adjustment recently.
Data from TradingView on October 25 indicated that the ETH/BTC ratio had fallen briefly below 0.037. The rate was the lowest the pair had reached since April 2021, marking a 30-month low.
Bitcoin's price stabilizes around $67,500—having recently dipped from a peak of $69,000—investors are on high alert. The cryptocurrency market is notoriously volatile, and understanding when to buy can significantly impact long-term investment success.
Microsoft's management may choose to invest in Bitcoin ETFs over holding their own coins.
Ethereum (ETH) creator Vitalik Buterin is not seeing eye to eye with Microstrategy executive chairman Michael Saylor when it comes to the custody of Bitcoin (BTC).
Cardano network is the first Layer-1 to leverage the work of BOS that brings scalability and programmability to Bitcoin.
Tether CEO Paolo Ardoino denied reports of lawmakers investigating the major cryptocurrency company over potential violations of anti-money-laundering and sanctions laws.
The Wall Street Journal claimed that Tether is being investigated for failing to comply with AML laws, but the CEO says otherwise.
Tether CEO Paolo Adroino said on Friday that there was "no indication" that the cryptocurrency firm was under any investigation after a media report that the federal government was probing the company.
According to a Binance Research report, retail investors account for around 80% of the total assets under management in spot Bitcoin ETFs
U.S. investigators are probing Tether over potentially breaking anti-money laundering rules, according to The Wall Street Journal.
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling Friday afternoon.
Tether CEO Paolo Ardoino has reacted to a bombshell Wall Street Journal report of a criminal probe into his company.
According to an exclusive report by the Wall Street Journal, the U.S. federal government is allegedly examining the cryptocurrency and stablecoin company Tether for potential breaches of sanctions and anti-money-laundering regulations, according to unnamed sources close to the investigation.
The US Department of Justice (DOJ) has allegedly launched an investigation into the USDT stablecoin issuer for potential anti-money laundering violations. This comes just days after the Tether CEO Paolo Ardoino called for stable crypto regulations in the country.
The US Department of Justice has launched an investigation into the stablecoin company Tether, according to a new report. A criminal investigation into the company and its dollar-pegged stablecoin USDT is underway, spearheaded by the U.S. attorney's office in Manhattan, reports the Wall Street Journal.
An analyst who nailed the pre-halving Bitcoin correction this year believes BTC is gearing up for a massive breakout. Pseudonymous analyst Rekt Capital tells his 507,400 followers on the social media platform X that Bitcoin may soon surge out of the current consolidation range based on historical precedence.
Paolo Ardoino, the chief executive officer of Tether, has stated that the crypto company doesn't have any immediate plans to go public.
The recent approval of additional Bitcoin exchange-traded fund (ETF) options by the U.S. Securities and Exchange Commission (SEC) has sent ripples through the cryptocurrency world, raising questions about what this means for Bitcoin's future. While there's a general consensus that these new options could significantly enhance market liquidity, opinions diverge sharply when it comes to the impact on volatility and price trends.
Malaysia's national electricity provider, Tenaga Nasional Berhad, has reported losses exceeding 440 million ringgit (about $101 million) due to electricity theft linked to illegal Bitcoin mining activities.
Reports from the courtroom suggested that prosecutors would offer a deal for Eric Council Jr., who allegedly helped compromise the SEC's X account.
On Oct. 25, a long-dormant bitcoin wallet from June 5, 2012—12 years and 4 months old—sprang back to life, moving 399 BTC. 12-Year-Old Wallet Transfers 399 BTC—Tied to the 2011 Bitcoin Whale This month has captivated many as several old wallets, especially from 2011, have awakened while bitcoin's value remains higher than in September. Bitcoin.
Bulls aim to knock out Bitcoin's all-time high before the US elections wrap up. Will altcoins follow?
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin (BTC) rebuilt peak levels of open interest, while awaiting a monthly futures expiration event. Scenarios for BTC range from an almost immediate rally to another drawdown with liquidations into the $40K range.