Bitcoin is facing a rare ‘extended level’ of FUD on X: Santiment
Santiment’s Bitcoin social sentiment indicator has been flashing red as the price of Bitcoin has been hovering around the $65,000 mark. Go to Source
Month: June 2024
American retailer Target to roll out AI chatbot in US stores by August
The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have. Go to Source
Federal Agents Crack Down on Drug Ring Using Crypto Mixers
Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy (NCIDE) Task Force, a federal team dedicated to combating all forms of illegal dark web and cryptocurrency activities in the Eastern … Read more
Iran Launches Digital Rial Pilot on Kish Island
The Central Bank of Iran (CBI) has announced the initiation of a pilot scheme to introduce the country’s central bank digital currency (CBDC) on the southern island of Kish. The CBI stated on Tuesday that the digital rial will be available to banking customers and tourists in Kish starting on the first day of the … Read more
ZRO token falls 17% amid controversy over LayerZero’s ‘not an airdrop’
After its June 20 launch, ZRO surged 15.15% within just 20 minutes before sharply tumbling 22% as people debated whether the donation mechanism was genius or just an excuse for a “tax.” Go to Source
Analyst Predicts: US to Face Its Own ‘Bank of England’ Debt Crisis Prior to Elections
Otavio Costa, a Macro Strategist at Crescat Capital, a multidisciplinary asset management firm, has expressed concern about the state of the U.S. government securities liquidity index and its potential implications for the future of U.S. debt. He suggested that the U.S. is on the verge of experiencing its own ‘Bank of England’ moment prior to … Read more
Ripple faces securities suit in California over CEO’s ‘misleading statement’
Judge Phyllis Hamilton found XRP could be a security when sold to retail and gave the go-ahead to a class-action lawsuit over statements from Ripple CEO Brad Garlinghouse. Go to Source
UK Crackdown: Illegal Crypto Exchange Operators Arrested in £1 Billion Trading Bust
The UK Financial Conduct Authority (FCA), in collaboration with the Metropolitan Police Service, conducted an operation leading to the arrest of two individuals, aged 38 and 44, suspected of running an illegal crypto asset exchange. It is believed that over £1 billion of unregistered crypto assets were traded through this business, the FCA said on … Read more
Bitwise’s latest Ethereum ad can be minted as an NFT
Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors. Go to Source
BlockDAG Leads 2024’s Crypto Surge, Outdoing DOT & WIF
BlockDAG Presale Surges to $52.2M, Aims for $30 as Polkadot and DogWifHat Make Price Recoveries As the crypto market rebounds from a downturn, Polkadot and DogWifHat are experiencing price surges, gathering positive momentum. Amid these gains, BlockDAG stands out, drawing significant investment as a Layer 1 project following a stellar presale. With the X1 miner … Read more