A recent Bitwise survey found growing interest in cryptocurrencies among US-based financial consultants following Donald Trump’s return to the White House. The results indicate that 56% of respondents are now more inclined to invest in crypto due to the results of the 2024 US elections. Increase in Crypto Allocation and Interest THE studyconducted between November…
A Karachi resident who was trading in cryptocurrency had no idea what awaited him when he was approached by men who wanted help buying cryptocurrency. He told them he didn’t do such business and they left – only to return some time later. This time they came in a mobile with official police number plates…
A Wisconsin congressman will lead the House subcommittee on digital assets, financial technology and artificial intelligence. Bryan Steil, a Republican representing the 1st Congressional District in southeastern Wisconsin, was appointed on the docket Thursday. Its subcommittee’s purview includes things like mobile banking and non-fungible tokens, or NFTs. This will also be the first step in…
Cryptocurrency whales are taking advantage of the falling price of the native token of high-performance hybrid exchange Hyperliquid, designed to combine elements of centralized and decentralized exchanges. According to data from on-chain analytics service Spot On Chain, crypto finance firm Amber Group spent a total of $7.22 million to purchase 342,845 HYPE tokens at an…
Crypto exchange Bybit has announced that it will temporarily suspend its services for its users in India in response to current regulations in the country. The Dubai-based company intends to prevent its customers in India from being able to open new transactions or access products on the platform from Sunday. “The only exception will be…
In June 2021, a man identifying himself as Moshe Theodor McNigh befriended a Toronto woman on Facebook and began courting her. He persuaded her to invest around $355,000 in Bitcoin through a site called Legacyfxtraders.online. A few months later, the woman – who police are not naming out of fear for her safety – was…
Asia dominates the global cryptocurrency market, accounting for 60% of global cryptocurrency users and contributing the largest share of global liquidity. New research from Foresight Ventures and Primitive reports these findings. Five Asian countries, including India, Indonesia and Vietnam, rank among the top 10 in the 2024 Global Crypto Adoption Index. Asia Leads Global Crypto…
With the holidays over, everyone’s other favorite time of year is fast approaching: tax season. For crypto investors, this can bring its own set of unique headaches. Changing rules and industry jargon can make reporting cryptocurrencies to the IRS time-consuming and arduous. For starters, the agency has its own understanding of what cryptocurrency is and…
HARTFORD, Conn. — A Florida man pleaded guilty Thursday to the carjacking and kidnapping of a Connecticut couple, in what authorities called a botched ransom plot that may have been linked to a $240 cryptocurrency theft million dollars. Michael Rivas, 19, of Miami, was one of six men arrested after a series of events in…
Moskau, Russia – May 30, 2019: A gold bitcoin coin lies close-up on a table with dollar paper and credit card aganist table background. Cryptocurrency exchange concept. The world of cryptocurrency continues to expand, bringing innovative financial tools to the general public. One such tool is the crypto card, which has revolutionized the way people…