UK Police Arrest Hospitality Worker in $2.5B Money Laundering Case
The police in the United Kingdom have apprehended a hospitality worker with $2.5 billion in Bitcoins. A Cointelegraph article noted that the amount of apprehended...
European Union Implements Ban on Anonymous Crypto Transactions via Self-Custody Wallets
The latest Anti-Money Laundering law explicitly forbids some restrictions for cash transactions and unnamed cryptocurrency payments. In a fresh regulatory change, the European Union (EU)...
Swiss Central Bank First to Announce Reduced Interest Rates, Critical for Bullish Bitcoin
The Swiss National Bank (SNB) on Thursday, March 21, announced cuts to the benchmark interest rate to defy the global trend where other central banks...
Avalanche Unveil $1M Rewards in ‘Meme Coin Rush’ Initiative to Traders
The Avalanche Foundation is leveraging the meme coin hype to offer incentives that target boosting meme coins such as Gecko, Coq Inu, and Kimbo. The...
Cardano Downplays Rumors of Abandoning Scaling Project Hydra
Cardano co-founder Charles Hoskinson took to the social media platform in an X post that labeled the pronouncement of calling off scaling project Hydra as...
Fidelity Adds Staking in its Spot Ethereum ETF Proposal
Fidelity is one of the major financial firms that have filed for spot Ethereum ETF application. Last year, the traditional finance sector joined in the...
Cardano Ends Wait for Fiat-Backed Stablecoin as Mehen Finance Unveils USDM
Layer-1 blockchain Cardano is set to welcome a fully fiat-backed stablecoin as Mehen Finance unveils USDM following the delay since early 2023. Launching a fiat-backed...
Bitcoin Surpasses Gold in Investors’ Portfolios
A new report published by analysts at JPMorgan has revealed that the total number of Bitcoin allocations in investor portfolios has surpassed gold. The report...
Microstrategy’s Chair Michael Saylor Optimistic Bitcoin ETFs Rival S&P 500, Likely to Outpace Leading ETFs
MicroStrategy chair Michael Saylor forecasts sustained growth for Bitcoin exchange-traded funds (ETFs) rivals S&P 500 and is likely to outpace leading ETFs. The former chief...
London Stock Exchange to List Bitcoin (BTC) and Ethereum (ETH) ETNs
The Financial Conduct Authority (FCA) has recently noted that it does not have any objections regarding requests for crypto-backed ETN market. On this account, the...