News Bitcoin – Page 3

Tether Responds to Ripple: A Defense of Transparency and Compliance

admin2 months ago2 months ago04 mins

In a striking development, Tether CEO Paolo Ardoino publicly challenged Ripple CEO Brad Garlinghouse following comments about potential SEC scrutiny of USDT. This confrontation underscores the regulatory complexities facing stablecoin issuers and the intense competition within the cryptocurrency sector. Tether CEO Confronts Ripple’s Brad Garlinghouse Over FUD Paolo Ardoino responded to Garlinghouse’s comments by taking to social media. He…

Chinese Authorities Dismantle $295 Million Illegal Crypto Ring

admin2 months ago2 months ago03 mins

The Chinese government has shut down illegal crypto banking activities through the Panshi City Public Security Bureau in Jilin Province. Local media reported the perpetrators exploited crypto’s anonymity for illegal foreign exchange. The report revealed that Chinese security officials arrested six people involved in purchasing foreign exchange using cryptocurrencies. $295 Million Moved Across Borders Using Crypto Channels…

BONK Price Prediction: Consolidation Ahead as Optimism Wanes

admin2 months ago2 months ago04 mins

BONK’s price has been facing minimal support from the market and investors even when other altcoins are charting rallies. The meme coin stuck in consolidation has reached a point where it would need a massive push to break out. BONK Investors Losing Hope BONK’s price largely follows the broader market cues, and the lack of…

Long-Term Ethereum Investor Sells $12.7 Million in ETH

admin2 months ago2 months ago03 mins

A long-standing Ethereum investor known by their wallet address 0x2ce recently transferred a significant quantity of Ethereum (ETH) to Coinbase. This movement involved 4,153 ETH, valued at approximately $12.17 million, based on the current exchange rate of $2,931 per ETH. Are Long-Term Ethereum Investors Cashing Out? Initially, 0x2ce sent the funds to an intermediary wallet – 0x1d9,…

Crypto Investments Surge for the First Time in 5 Weeks

admin2 months ago2 months ago03 mins

For the first time in over a month, crypto investment products have registered net inflows totaling approximately $130 million, predominantly in the United States, according to a recent CoinShares report. This significant shift marks a positive change in investor sentiment following weeks of stagnant or negative growth across various cryptocurrency assets. First Inflows in 5…

Polygon (MATIC) May Witness Further Downside as Demand Declines

admin2 months ago2 months ago04 mins

Polygon (MATIC) is at risk of extending its losses as demand for the altcoin continues to fall among market participants. If bearish pressure mounts, MATIC is expected to continue its ongoing downtrend, which might send it below $0.65. Polygon Battles Low Demand MATIC trades at $0.67 at the time of writing, logging a 13% price decline…

Cardano (ADA) Price Invalidates Month-Long Resistance: Price Impact

admin2 months ago2 months ago03 mins

Cardano’s (ADA) price breaking out of the month-long resistance line could support a rise to $0.5 and beyond. The investors support this outcome, which is evident in the rise in their convictions and potential accumulation. Cardano Investors See an Opportunity Cardano’s price has been influenced by its investors’ behavior, which could be ADA’s saving grace….

Suntrustltd.net Review: A Trustworthy Platform for Modern Traders

admin2 months ago2 months ago013 mins

Introduction to Suntrustltd.net Review Suntrustltd.net review highlights this dynamic platform’s key features, helping both novice and seasoned traders make informed decisions. Established on August 15, 2019, Suntrustltd.net has rapidly become a favored choice in the Forex trading community, renowned for its innovative trading solutions and commitment to trader success. This article delves into the reasons…

Cardano Founder Charles Hoskinson Advocates for Crypto’s Social Contract Over CBDC

admin2 months ago2 months ago04 mins

Cardano blockchain founder Charles Hoskinson spoke against Central Bank Digital Currencies (CBDCs) while explaining the fundamental concept behind crypto. Hoskinson made this statement in a May 11 social media post while expressing his views about the forthcoming US presidential elections. Hoskinson Explains Why Crypto is Important According to Hoskinson, the fundamental concept of cryptocurrency is…

El Salvador Unveils Public Bitcoin Mempool, Showcases Nearly $353 Million Holdings

admin2 months ago2 months ago03 mins

El Salvador, a Latin American country famous for adopting Bitcoin (BTC) as its legal tender, recently made a significant move in its cryptocurrency investment strategy. The government now offers public access to Bitcoin investment data through a personalized mempool. The latest mempool data reveals that El Salvador currently holds 5,748.76 BTC valued at over $352.8…