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According to recent reports close to central bank officials, the U.S. Federal Reserve will likely deliver another interest rate hike by roughly 75 basis points (bps) next month. Moreover, markets are predicting another rise by three-quarters of a point, and CME’s Fedwatch Tool indicates there’s a near-certain (98%) chance the central bank will choose a … Read more
Interpol, the International Criminal Police Organization, has announced the launch of the supposed first police metaverse experience. This new virtual world, which allows users to visit the offices of the institution in Lyon, aims to advance the understanding of metaverse-related crimes and opens the possibility for users to receive training in different areas. Interpol Launches … Read more
Three people are facing trial in Germany for their roles in one of the crypto world’s most infamous scams, Onecoin. The defendants are accused of fraud, among other crimes, allegedly committed as they assisted the pyramid scheme’s mastermind, ‘Cryptoqueen’ Ruja Ignatova, who is still on the run. Lawyer and Couple Face Criminal Allegations in Germany … Read more
A group of Russian and Venezuelan nationals have been charged by U.S. authorities for their roles in a scheme to circumvent Western sanctions and launder money on a global scale. They have been accused of obtaining military technologies from American companies, smuggling oil, and disguising money flows for Russian oligarchs through shell companies and crypto … Read more
Today’s cryptocurrency markets continue this week’s low volatility trend and sideways trading. While trading volume remained relatively high yesterday, we see further drops in volume this Thursday for significant crypto assets like Bitcoin and Ethereum. The biggest market news of today is a press release highlighting that Grayscale CEO is suing the SEC. Key Points: Grayscale … Read more
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain Trading Until Last Day of November, Prepares to … Read more
Following the recent xrp and ether prediction forecasts by crypto and fintech experts chosen by the product comparison web portal, finder.com, Finder’s latest handful of specialists have produced a predictions report for bitcoin. The group of 55 Finder’s experts think bitcoin will increase in value by more than 10% by the year’s end, and by … Read more
Last year, when the non-fungible token (NFT) industry was frothing over, the 137-year-old playing card manufacturer Bicycle issued NFTs called the Genesis Collection and in June, Bicycle purchased Bored Ape Yacht Club #1,227. Bicycle and parent company Cartamundi Group announced on Tuesday that the playing card firm plans to launch a classic Bicycle card deck … Read more
For the past several weeks, we continued to see the cryptocurrency market trade sideways. The good news is that the bearish momentum is slowing down as Bitcoin and Ethereum prices are finding support and managing to hold above it. Like yesterday, when cryptocurrency markets continued to trade sideways, the trend continues today. The trading volume … Read more
On Tuesday, October 18, researchers from the crypto analysis platform Cryptoquant identified an outflow of 48,000 bitcoin coming from the trading platform Coinbase Pro. According to the researcher’s summary of the situation, a large portion of the funds were old coins. Whale Transfers 48,000 Bitcoin Amid Coiled Market While bitcoin (BTC) has been trading under … Read more