In one of three national risk evaluation reports released on Wednesday, the U.S. Treasury Department said that virtual assets are becoming more popular with criminals, fraudsters, and illicit players. Highlighting illicit financing challenges, vulnerabilities, and hazards in the U.S., the agency issued its 2024 National Risk Assessments on Money Laundering,
Launched with backing from the Intercontinental Exchange (ICE), crypto firm Bakkt has now issued a warning that it may not have sufficient funds to be operational for the next twelve months. Bakkt cautioned that it could “not be able to continue as a going concern” in a section on risk
On February 6, the U.S SEC established new regulations that would expand its registration requirements, encourage more market players to become members of a self-regulatory group, and ensure compliance with federal securities laws and regulations. Crypto and decentralized finance (DeFi) may be subject to further regulation under the new laws.
MicroStrategy, the leading business intelligence company, continues to captivate the crypto community with its bold Bitcoin investments, as evidenced by its recent quarterly report released for Q4 2023. Emphasizing the above statement, it disclosed a remarkable increase in its Bitcoin holdings alongside a decrease in revenue. The firm’s Bitcoin reserves
In cryptocurrency investments, predicting trends and identifying potential winners is both an art and a science. As the market continues to mature, seasoned analysts emerge as guiding lights, offering insights that can shape investment strategies and pave the way for significant gains. One such analyst, renowned for their accurate calls
Crypto asset management company CoinShares stated that institutional crypto products had net inflows for the first time in three weeks in their most recent report. Following a precipitous drop of $500 million the week before, investors flooded the crypto market with $708 million last week. The most recent data shows
Gate Ventures, the venture capital arm of the Gate.io crypto exchange, recently led the seed round for Bitlight Labs, an innovative blockchain solutions provider utilizing RGB protocols to transform the Bitcoin ecosystem, bringing Layer 2 smart contract technology to Bitcoin. Since Satoshi Nakamoto launched the first node in 2009, Bitcoin
Prominent crypto analyst who accurately predicted Bitcoin’s peak price of $69,000 in 2021 is now making bold predictions for 2024. He believes that Retik Finance (RETIK) and Solana (SOL) will see massive success this year. The analyst, known for his technical prowess, made waves in 2021 when he used chart
Bitcoin mining is being examined more closely by the U.S. Department of Energy (DOE). This week marks the beginning of a six-month energy consumption evaluation of selected U.S.-based miners by the Energy Information Administration (EIA). The EIA is a statistics department under the Department of Energy (DOE). The survey was
Despite Bitcoin’s (BTC) attempts to breach the $43,500 resistance level, it faced challenges in extending its gains, slipping below $42,800 in recent trading sessions. At the time of writing, Bitcoin was trading at $42,701, with a slight decline of 0.57% in the last 24 hours. In contrast, BlackRock and Fidelity’s
