The Chinese police forces recently made a major breakthrough by uncovering a large underground banking operation that was utilizing the popular stablecoin Tether (USDT) to transfer a significant amount of money. The operation, which involved up to 13.8 billion yuan ($1.9 billion), was exposed by the Public Security Bureau of Chengdu Municipal. This crackdown resulted
Bitcoin has seen a positive increase in price recently, rising by 2.9% to trade above $67,000 for the first time since April 24. This surge has been tied to the low inflation levels reported in the latest Consumer Price Index (CPI) data, indicating a positive price performance for the leading cryptocurrency. A report by blockchain
The ICO for Mollars, a new store of value altcoin set to launch in 2024, has been gaining significant momentum in the crypto world. With the project’s initial coin offering already 72% complete and close to reaching US$1,500,000 in funds raised, it is evident that Mollars is catching the attention of investors and enthusiasts alike.
The recent surge in the cryptocurrency market, particularly in the price of Bitcoin, has caught the attention of many investors and analysts. The Bitcoin price bounced back from around $61,000 to above $67,000, marking a significant increase in just a matter of days. This rapid price movement has led to speculation and discussion about the
Dogecoin, a meme currency powered by hash work, has seen a meteoric rise in its market capitalization, reaching $19.8 billion. This surge can be attributed to the influence of prominent figures like Elon Musk. Musk’s tweets and endorsements have propelled Dogecoin to new heights, with the cryptocurrency experiencing a significant increase in value over the
In recent months, the field of artificial intelligence (AI) has been rapidly evolving. One notable development is OpenAI’s introduction of the ChatGPT model, which now includes an improved voice assistant capable of reading body movements. This advancement has not only enhanced user experience but has also sparked interest in AI-related technologies. As a result, the
The likelihood of the SEC approving spot Ethereum ETFs by the end of the month is a topic of much debate within the cryptocurrency community. Various analysts have differing opinions on the matter, with some expressing optimism while others remain skeptical. In a recent report, Coinbase Institutional Research Analyst David Han provided insights into the
In the latest surge of Solana meme coins, the ETF token has seen an impressive increase of +207% in just 24 hours. This spike in interest comes amidst a growing fascination with crypto ETFs in the market. The current price trends of the ETF token indicate a strong upward momentum, with the token trading at
Recently, a crypto analyst known as ‘Yoddha’ has made a daring prediction regarding Ethereum (ETH), the world’s second-largest cryptocurrency. According to this analyst, Ethereum is poised to embark on a significant rally to new all-time highs above $10,000. Yoddha bases this ambitious prediction on historical trends exhibited by Ethereum from 2016 to 2024, highlighting periods
Oklahoma has made history by becoming the first state in the United States to legally protect the right to self-custody Bitcoin through the passing of a new bill. This legislation, known as the ‘Bitcoin Rights’ bill or HB3594, was signed into law by Republican Governor Kevin Stitt. The bill explicitly states that residents of Oklahoma
