Cryptocurrency Analysis and News Portal
It is important to note that when a government agency seizes a crypto asset, it does not immediately own the assets. Ownership transfers only after a court ruling in favor of forfeiture. The United States government is among the largest Bitcoin (BTC) holders in the industry, with over 200,000 of the
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Data shows the crypto futures market has observed large liquidations in the past day as Bitcoin has recorded a sharp surge towards
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Stablecoin issuer Tether has moved to freeze 32 addresses linked to terrorist activity in Israel and Ukraine in collaboration with local law enforcement agencies.$873,118 worth of USDT linked to illicit activity in Israel and Ukraine have been frozen, according to announcement from the company. The action was taken in a
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“We’re contorting ourselves to pass through the keyhole of tyranny.” Edward Snowden’s words ring out in the packed Genesis Stage hall at Bitcoin Amsterdam, stressing the preeminent cryptocurrency’s ever-increasing importance in a world beset by creeping government surveillance, devaluing fiat currencies and restrictive policies.The renowned whistleblower’s address summed up a
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On Friday, a person familiar with the matter said the U.S. Securities and Exchange Commission wouldn’t appeal its loss in the Grayscale case. “The SEC’s decision not to appeal against a ruling that it was wrong to reject a spot BTC ETF is a clear testament that regulatory dynamics in
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Troubled cryptocurrency platform Haru Invest plans to suspend its server a few months after halting withdrawals in June 2023.Haru Invest is thinking of shutting down its server in order to reduce the server maintenance costs of services, the company’s CEO Hugo Lee announced on Oct. 16. The CEO emphasized that
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OSL offers prime brokerage, exchange and custody of crypto assets, as well as infrastructure for financial institutions to offer digital asset trading. BC Technology may elect to sell parts of OSL's business rather than the whole entity, according to the report, citing people familiar with the matter. Source
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The progress on the Grayscale conversion front offers a welcome degree of clarity to the ETF approval process, which had been somewhat murky. The crypto community has witnessed a significant milestone as recent reports indicate that the Securities and Exchange Commission (SEC) decided not to appeal a court ruling that could
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The developments between US SEC and Grayscale over the past weekend led to whales accumulating Bitcoin in huge numbers. Over the last week, the world’s largest cryptocurrency Bitcoin (BTC) gave a strong breakout moving all the way to the $28,000 level. As of press time, the BTC price is up
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Fraudsters in Ireland prefer targeting traditional banking customers instead of cryptocurrency investors amid a two-year-long bear market.The frequency of cryptocurrency scams is often directly proportional to the hype and profits around the ecosystem at a given time. It appears that the ongoing crypto bear market has helped eradicate at least
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