>> Bloomberg's McGlone Predicts Steep Bitcoin Plunge Amid Rising Gold Interest

Bloomberg analyst Mike McGlone warns that Bitcoin could plummet to $10,000, marking an 88% decline from current levels, as investor preference shifts from cryptocurrencies to gold. McGlone suggests that Bitcoin...

9 hours ago

>> UK Bitcoin Controversy: NCA Officer Faces Charges in High-Profile Theft Case

A UK National Crime Agency (NCA) officer, Paul Chowles, has been charged with the alleged theft of 50 Bitcoin in 2017, valued then at around $75,000 but now worth over $4.2 million. The Crown Prosecution Servic...

9 hours ago

>> Crypto.com Expands in UAE with Key Derivative License Acquisition

Crypto.com's recent acquisition of a derivatives license from Dubai’s Virtual Assets Regulatory Authority (VARA) marks a significant expansion of its operations in the UAE. This license allows Crypto.com to off...

>> Russia Boosts Oil Trade with China and India Using Bitcoin, Ethereum, and USDT Amid Sanctions

Russia is actively using Bitcoin (BTC), Ethereum (ETH), and USDT to conduct oil trades with China and India, skirting around Western sanctions. According to a Reuters report, this crypto-based trading mechanism...

11 hours ago

>> US Regulatory Shifts: IRS Rule on DeFi Nulled and Solana's Inflation Proposal Declined

In a significant turn for US crypto regulations, the House of Representatives voted against a bill that would require DeFi protocols to report to the IRS, protecting the privacy and innovative spirit of the sec...

11 hours ago

>> Court Ruling Expands 3AC's Claim in FTX Bankruptcy to $1.53 Billion

The Delaware bankruptcy court recently sanctioned a significant increase in the claim by Three Arrows Capital (3AC) against the FTX estate, from $120 million to a colossal $1.53 billion. This decision marks a p...

>> BlackRock Expands Its Crypto Horizons with Planned Solana and XRP ETFs

BlackRock, the world's largest asset manager, is gearing up to further entrench its leadership in the cryptocurrency ETF market by planning filings for Solana and XRP ETFs. Nate Geraci, President of The ETF Sto...

14 hours ago

>> Russia Leverages Crypto Innovations to Skirt Sanctions in Oil Trade, Reports Reuters

Russia has utilized cryptocurrencies to continue its oil transactions with China and India, thus evading Western sanctions imposed on its $192 billion oil sector. According to Reuters, the nation employs Bitcoi...

16 hours ago

>> US Regulatory Challenges and Trump Negotiations Impact Binance US Operations

Changpeng Zhao, the former CEO of Binance, has been at the center of contentious reports involving alleged discussions about the Trump family acquiring a stake in Binance US. Despite these claims, Zhao strongly...