As markets continue to digest the 2020 U.S. presidential election’s unique uncertainties, bitcoin traders say there’s capital on the sidelines that could propel the digital currency’s price to further highs. The price of bitcoin has swelled during the past week, breaking through key price levels, including $15,000. Bitcoin isn’t the only crypto trading in the …
The Department of Justice (DOJ) has unsealed documents related to a drug smuggling case alleging that a cartel attempted to bribe U.S. officials and purchase U.S. passports using the cryptocurrency Tether. As first reported by Decrypt, the documents, which were published September 24, accuse six individuals of laundering millions for drug cartels over the course …
As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds. Source link
Bitcoin is a new form of money, not known to many people. Though millions are people worldwide are trading in Bitcoin, yet many non-users of this crypto coin do not understand the alphabets of this innovative currency. It is certainly new, but a lot of literature has been made available on the internet platforms by …
Why Should You Include Bitcoin in Your Life for Money Transactions & Investment? Read More »
Quick Take Abra settles with CFTC and SEC BZRX IPOs at $200m valuation Chris Larsen spies on neighbours This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block. Source link
With Bitcoin’s price expectations, there are usually three camps. Well, there’s actually just two, but the third one doesn’t count, because it is filled with level-headed people. There’s one camp, consisting of the John McAfee type or the Peter Schiff type claiming, ‘Bitcoin will inevitably crash and burn.’ While this form of categorization is useful …
Bitcoin’s price expectation depends on how much money you have Read More »
As Chinese police step up efforts to crack down on illegal economic activities, crypto over-the-counter (OTC) traders are being detained to assist investigations. In another sign Chinese law enforcement are targeting cryptocurrency trading, Zhao Dong – a prominent Chinese crypto OTC trader and the co-founder of crypto lending platform RenrenBit – has been held up …
China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown Read More »
Quick Take CrossTower pursues “inverted exchange” model FTX launches COMP perpetual swap market This research piece is available to members of The Block Genesis. You can continue reading this Genesis research on The Block. Source link
This week, the wildest, most nonsensical, volatile part of the market wasn’t bitcoin, it was the “Robinhood Rally” in equities. The stock market has long been disconnected from the underlying economy, but much of what happened this week – particularly the pumping of bankrupt company stocks – suggests that something new is afoot. In this episode, …
The Robinhood Chad Index Versus Doomer Internet Money Read More »
Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank. Prices for personal consumption expenditures are expected to climb just 1% this year, down from a December projection of 1.9%, according to the document. Inflation …
Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections Read More »