Crypto News Center

FMA censures ethical fund manager Pathfinder over ads

Navigation for News Categories Generic money. Photo: RNZ / Rebekah Parsons-King Ethical fund manager Pathfinder has been censured by the Financial Markets Authority for making misleading representations in two of KiwiSaver ads. The ads related to animal testing and fossil fuels, and ran on social media and Pathfinder's website between October 2021 and May 2024, The FMA said. "The FMA is satisfied that Pathfinder's conduct was a material departure from...

El Salvador Welcomes Bitget: A New Milestone in Crypto?

Key Highlights: Bitget is licensed to operate Bitcoin services in El Salvador, unlocking great opportunities for users in the country. El Salvador adjusts its Bitcoin regulations to secure an IMF loan, moving from mandatory Bitcoin acceptance to voluntary adoption for businesses. Bitget sees El Salvador as a gateway to expand into Latin America, reaffirming its global ambitions. Bitget Secures a Bitcoin License in El Salvador: A Strategic Step On December...

Washington Pastor Charged With $6 Million Crypto Fraud

By Mark Hunter 1 day agoThu Dec 12 2024 08:32:26 Reading Time: 2 minutes The Commodity Futures Trading Commission (CFTC) has charged a Washington State pastor with orchestrating a $5.9 million fraudulent digital assets scheme The pastor allegedly exploited his position to target over 1,500 individuals, primarily Spanish-speaking congregants, promising high returns through a fictitious trading platform The CFTC seeks restitution for defrauded customers, disgorgement of ill-gotten gains, and civil...

Litecoin (LTC) at a Crossroads: Can It Rebound and Rally?

Litecoin price is consolidating above the $80.00 level against the US Dollar. LTC could start a fresh increase if it clears the $88.00 resistance zone. Litecoin is showing positive signs from the $80 support zone against the US Dollar. The price is now trading below $88 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $86.00 on the hourly chart of the...

Ethereum Faces Slim Odds of $5K Milestone by Year-End

You are here: Home / News / Ethereum Faces Slim Odds of $5K Milestone by Year-End Dеrivе’s Sеаn Dаwson rеports Ethereum’s chаncе of hitting $5,000 by Dеcеmbеr 27 is bеlow 10%. Ether’s ETF inflows rеаchеd $305 million on Dеcеmbеr 10, spаrking “supply-sidе crisis” spеculаtion. Anаlysts likе Crypto Jаibrаh prеdict Ether could hit $5,300, drivеn by а broаdеning wеdgе pаttеrn. Ethereum’s climb to thе highly аnticipаtеd $5,000 pricе mаrk by thе...

Will Bitcoin ETFs Surpass 1 Million BTC Before 2025?

As Bitcoin continues to mature, one of the most telling indicators of its longevity and integration into the broader financial ecosystem is the rapid growth of Bitcoin Exchange-Traded Funds (ETFs). These products—offering mainstream, regulated exposure to Bitcoin—have garnered substantial inflows from both institutional and retail investors since their inception. According to data aggregated by Bitcoin Magazine Pro’s Cumulative Bitcoin ETF Flows Chart, Bitcoin ETFs have already accumulated more than 936,830...

Crypto Market Sees Bloodbath Following Fed’s Rate Cut Decision: What’s Happening?

Key Takeaways: The interest rate cut by the Fed failed to bring the expected positivity in the crypto market, which instead triggered a massive sell-off, with Bitcoin sinking below $99,000. The fears of the Fed slowing its rate cuts in 2025 and increasing inflation have weakened investor sentiment. The market has adopted a “wait-and-see” attitude, with investors waiting for further monetary and economic policies that are going to be in...

Australia new task force targets digital asset ATMs

Homepage > News > Finance > Australia new task force targets digital asset ATMs Australia’s financial crimes watchdog is taking a keen interest in digital asset crime and has launched a new task force to monitor ‘crypto’ ATMs. The Australian Transaction Reports and Analysis Centre (AUSTRAC) recently stated that its study revealed that digital assets were being increasingly used for money laundering and scams. ATMs are at the heart of...

Ethena Labs debuts USDtb backed by BlackRock’s BUIDL

Ethena will use USDtb as a backing asset for USDe, with 90% of reserves in BlackRock’s BUIDL fund, as its protocol token rallies over 25% this weekend. Photo: Ethena Labs Key Takeaways Ethena Labs launches USDtb, a stablecoin backed by BlackRock's BUIDL, maintaining 90% reserves in BUIDL. USDtb operates independently from USDe and is available on Ethereum mainnet, Base, Solana, and Arbitrum through LayerZero integration. Ethena Labs has launched USDtb,...

This Week in Crypto – Microsoft, Operations, and Binance

By Mark Hunter 23 hours agoSun Dec 15 2024 10:15:37 Reading Time: 2 minutes This week in the crypto world, we saw Microsoft and Amazon tackle Bitcoin investment, Operation Chokepoint 2.0 confirmed, and Binance report a record year. Amazon Says Maybe to Bitcoin; Microsoft Says No Microsoft’s shareholders this week voted against a proposal to incorporate Bitcoin into the company’s financial holdings despite the entreaties of Michael Saylor. The board...