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Tag: Cryptocurrency

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Convicted fraudster charged with theft of forfeited cryptocurrency

A convicted cryptocurrency fraudster, Rossen Iossifov, is facing fresh criminal charges over allegations that he orchestrated the unauthorized withdrawal and transfer of about $290,000 in cryptocurrency while serving a prison sentence. The 53-year-old has been charged with destruction or removal of property to prevent seizure, aiding and abetting, and conspiracy to commit money laundering in […]

Crypto Market sheds $130bn amid Trump tariff
Crypto

Crypto markets struggle as bitcoin falls below $110,000

Hopes for a rapid recovery from the weekend’s cryptocurrency slump faded on Monday, as Bitcoin dipped below $110,000, hovering just above its pre-inauguration high of $109,400 reached before United States President Trump’s January 20 swearing-in. The largest cryptocurrency’s rebound attempt was quickly capped at $113,000 during the U.S. session, pushing it down to a seven-week […]

Crypto exchange Gemini files for IPO despite rising losses
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Crypto exchange Gemini files for IPO despite rising losses

Gemini Space Station Inc., the cryptocurrency exchange and custodian bank founded by billionaire twins Cameron and Tyler Winklevoss, has filed to go public. The New York-based company plans to list on the Nasdaq Global Select Market under the ticker symbol GEMI, according to its S-1 filing submitted Friday after markets closed. Founded in 2014, Gemini […]

BitGo files confidentially for US IPO amid crypto market resurgence
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BitGo files confidentially for US IPO amid crypto market resurgence

A leading provider of trust and security services for digital assets, BitGo, announced on Monday that it has confidentially filed for an initial public offering in the United States. The move comes as cryptocurrency firms and fintech companies seek to capitalize on renewed investor confidence and surging market momentum. The company did not disclose the […]

Cryptocurrency stocks climb as Ether hits six-month high
News

Cryptocurrency stocks climb as Ether hits six-month high

Cryptocurrency-linked stocks rallied in premarket trading on Friday, led by firms with exposure to ether, after the digital token surged to a six-month high. Shares of BitMine Immersion Technologies jumped 14%. The company, which holds around $1 billion worth of ether, has drawn attention with tech billionaire Peter Thiel as its top investor and Fundstrat’s […]

Cryptocurrency stocks climb as Ether hits six-month high
News

US senate passes bill to regulate stablecoins amid corporate interest

The United States Senate has approved landmark legislation to regulate stablecoins, signaling a major shift in how the federal government approaches a fast-growing segment of the cryptocurrency industry. The bill, known as the GENIUS Act, now awaits passage in the House of Representatives before heading to President Donald Trump for final approval. Stablecoins — digital […]

Cryptocurrency stocks climb as Ether hits six-month high
News

Bitcoin holds firm above $105K amid Trump-Musk feud

The global cryptocurrency market showed signs of steadying on Monday, June 9, after a week of turbulence linked to a public spat between the U.S. President Donald Trump and Tesla CEO Elon Musk. The clash between the two high-profile billionaires rattled investor sentiment and was cited as one of the factors behind last week’s market […]

Cryptocurrency stocks climb as Ether hits six-month high
News

Bitcoin crashes to $77K as global market bleed from Trump tariffs

Bitcoin plunged to a near one-month low in early Monday trading, extending a week-long decline as global markets reeled from escalating economic tensions triggered by new trade tariffs imposed by U.S. President Donald Trump. The move, widely criticized as a spark for a global trade war, has deeply shaken investor confidence and slashed appetite for […]

Crypto Market sheds $130bn amid Trump tariff
News

Crypto Market sheds $130bn amid Trump tariff

The global cryptocurrency market experienced a sharp downturn last week, losing over $130 billion in market capitalization as investors reacted to the imminent implementation of President Donald Trump’s new tariffs. Dubbed “Liberation Day,” the tariffs—set to take effect this week—will target a broad range of imported goods, intensifying market volatility and investor uncertainty. As of […]

Investment company BlackRock launches Bitcoin ETF in Europe
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Investment company BlackRock launches Bitcoin ETF in Europe

BlackRock has introduced its first Bitcoin exchange-traded product in Europe, aiming to capitalize on the growing demand for cryptocurrency investments in new markets. This move follows the asset manager’s success in the United States, where it has attracted over $50 billion into similar products. The world’s largest asset manager has launched the ‘iShares Bitcoin ETP,’ […]

Sam Altman’s World Network in talks with Visa for stablecoin payments
Tech

Sam Altman’s World Network in talks with Visa for stablecoin payments

Sam Altman’s cryptocurrency project, World Network, is in discussions with Visa to introduce a stablecoin payments wallet, according to a report by CoinDesk on Monday, citing a source familiar with the plans. The potential deal would enable Visa card functionality within World Network wallets, allowing users to make stablecoin-based payments to merchants within Visa’s vast […]

US seizes servers, $1M in Bitcoin from Russian ransomware gang
News

Bitcoin rises to $87,480 as crypto market gains momentum

Bitcoin and other major cryptocurrencies saw significant gains in early Monday trading, with Bitcoin rising 3.71% to reach approximately $87,480. Ethereum also experienced a strong rally, climbing 4.05% to trade at $2,093. The total cryptocurrency market capitalization increased by 2.94% over the past 24 hours, reaching $2.84 trillion, reflecting strong investor confidence despite concerns over […]

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