The US Department Of Justice I had showed a renewed effort in combating crypto scams, on Thursday, in a press release, the DOJ pulled back the curtain on several charges it was pursuing against the creators of Frostie NFT.
Category Archives: Breaking News
ExxonMobil To Expand “Green” Bitcoin Mining Pilot Program That Leverages Excess Natural Gas
In what is becoming a more common industry practice, Exxon Mobil, the United States’ largest oil and gas producer, has announced its plans to initiate a pilot Bitcoin mining program by rerouting excess natural gas, which would normally be flared or burned off, to its Qua Iboe Terminal in Nigeria to power Bitcoin mining
United States FED Chairman Powell Offers Support For Digital Assets, Highlights Risks
Current Chairman of the Federal Reserve Jerome Powell recently revealed that he views the United States central bank as one of the key supporters of innovation in digital financial products. However, in the same breath he warned that certain technologies and innovations, including cryptocurrencies, embody certain risks that need to be addressed before wide spread adoption is possible.
Former Top Execs From Leading U.S. Investment Firm To Open Institutional Crypto Business
Two former top Jefferies executives, Brandon Mulvihill and Anthony Mazzarese, who cut their teeth within the institutional world of Forex trading have decided to part ways with the New York based investment firm to step into the rapidly growing institutional digital asset space.
GameStop To Launch NFT Platform By June 2022
GameStop, the meme king and Reddit darling, announced that it intends to launch its eagerly anticipated non-fungible token (NFT) platform by the end of the second quarter in 2022.
Bitcoin Brunts Fed Rate Hike Like A Boss, Remains Bullish Above $40k Mark
In a move to curb soaring inflation, the Federal Reserve has decided to raise interest rates for the first time since 2018 with many economists anticipating further hikes throughout the year.
Polkadot 2-Week Chart Hints At Price Breakout With Bulls Taking Control
After setting a new all-time high of $54 in October of 2021, Polkadot’s valuation has been in a free fall, currently trading at a shade over $18. Despite shaving off two thirds of its valuation, multiple market indicators are flashing that a bottom for DOT may be in sight.
Singapore Stands In Solidarity With Ukraine – Enforces Crushing Sanctions Against Russia, Will Freeze Crypto Transactions And Exports
Singapore has added their voice to the global chorus denouncing Russia’s recent invasion of Ukraine, announcing sweeping economic sanctions that will hit several sectors of Russia’s economy including cryptocurrencies.
With Bitcoin Currently Surging Around $42K On Biden’s Crypto Order Leak, What Can We Expect In The Week Ahead?
Bitcoin has outpaced both gold and the stock market in recent trading sessions, becoming investors preferred wartime investment. While the world nervously watches and waits for the next development in Ukraine and a crypto executive order by the U.S. President Joe Biden, Bitcoin and many altcoins have rallied.
Cardano Flashes Warning Signs As Further Breaks Lower Seem Imminent
Financial markets have been on a roller coaster ride over the past several months with holdings have escaped unscathed, yet Cardano (ADA) seems to have been hit harder than the overall crypto market, dropping out of the top five cryptocurrencies in relation to market cap. ADA went on an impressive run to close out 2021, reaching highs of just below $3.00 before losing several critical support levels due to the potential for upcoming policy shifts, the Ukrainian-Russian conflict, and market wide uncertainties before bottoming out at $0.84, which it is currently trading at.