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Crypto Scheme Settlement: Tennessee and GS Partners Resolve Misleading Digital Asset Investments

Tennessee has secured a multi-million dollar settlement with GS Partners over alleged deceptive investment schemes involving digital assets and the metaverse. Investors were enticed with tokens and vouchers linked to…

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Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations

Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government…

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Ripple Invests $25M in Bitnomial’s Platform to Build Regulated Derivatives Market for Digital Assets Like XRP

Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple’s stablecoin RLUSD,…

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Bitcoin Surge Looms as US Election Nears — Standard Chartered Predicts BTC Rally to $73,800

Banking giant Standard Chartered is predicting a sharp rise in bitcoin’s value, with forecasts suggesting it could approach its all-time high of $73,800 as the U.S. presidential election nears. Rising…

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‘We Go Higher Fast’ — Bitwise CIO Predicts Bitcoin Breakout as Investors Fear Being Left Behind

Bitcoin’s sharp rally has Bitwise CIO Matt Hougan rethinking how fast the crypto could skyrocket, as investors rush to position themselves ahead of the next big surge. “People don’t want…

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USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth

The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously…

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US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?

Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital…

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Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential

Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said…

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Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains

China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities.…

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Kamala Harris Unveils New Crypto Plan and Major Financial Opportunities for Black Men

Vice President Kamala Harris has unveiled a plan focused on supporting Black men, with cryptocurrency playing a significant role. Her “Opportunity Agenda for Black Men” includes ensuring that those holding…

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