Why is Bitcoin price going up today?
Bitcoin has climbed more than 2% to $63,770 after a ceasefire agreement between Israel and Hezbollah helped ease market fears and pushed oil prices toward an 8% weekly decline. Summary Bitcoin price climbed 2.4% as a ceasefire deal and falling…
Cuba Passes 176 Historic Reforms to Open Its Economy to Private Banks and Real Estate
Key Takeaways The National Assembly passed 176 reforms on Thursday, opening Cuba to private investment. Under new rules, Cuba allows private firms with over 100 staff and private real estate market investment. Trump’s sanctions forced Diaz-Canel to exert reforms to…
Andre Cronje leaves Sonic board as token slump sparks overhaul
Sonic Labs has announced a leadership overhaul after the S token extended its long-running decline, with former chief technology officer Andre Cronje joining two other senior figures in stepping down from the organization’s board. Summary Andre Cronje, Michael Kong, and…
Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows
Key Takeaways On Thursday, Ireland’s Finance Minister, Simon Harris, launched a 30-point action plan to combat Irish money laundering and fraud. Crypto-assets and global financial networks face tougher regulations to halt digital illicit cash flows. An Garda Síochána and the…
Bitcoin (BTC) or Ethereum (ETH): Which Will Bottom First?
How deep can BTC and ETH sink during this bear market? At the start of June, the two largest cryptocurrencies by market capitalization tumbled to their lowest levels in years. However, many analysts believe the cycle bottoms have not…
Mert crowns Zcash as Bitcoin faces Europe privacy backlash
Zcash has gained renewed attention after discussions around Europe’s planned crypto compliance rules pushed the privacy-focused cryptocurrency back into the spotlight. Summary Mert highlighted Zcash as a leading privacy-focused crypto amid debate over Europe’s upcoming compliance rules. Analysts disputed claims…
FBI Director Kash Patel Vows to Bring ‘Pig Butchering’ Crypto Criminals to Justice
Key Takeaways Kash Patel warned crypto scammers as the FBI next tracks threats after seizing 127,000 BTC in May. Aided by Starlink, the FBI hit scam rings and next eyes human trafficking after 300 arrests in May. Operation Level Up…
Ethereum’s Biggest Risk May Be a Funding Crunch, Former EF Contributor Warns
A former EF contributor says underinvestment today could create costly development setbacks that become visible within 18 months. Ethereum may be heading toward a funding crisis that could begin to emerge within the next three to nine months, according…
EU targets privacy coins while leaving Bitcoin transfers untouched
The European Union has approved anti-money laundering rules that will ban regulated crypto firms from supporting privacy coins while leaving direct Bitcoin transfers between private wallets outside the scope of mandatory identification requirements. Summary EU AML rules will bar regulated…
Armed Crypto Kidnappers Face up to 20 Years After Forcing $8M Digital Asset Transfer
Key Takeaways A dramatic interstate crypto heist has ended with two Texas brothers admitting their roles in an armed robbery that targeted a Minnesota family. Prosecutors said the victims were zip-tied, held at gunpoint for hours, and forced to hand…
