Brazil has reportedly decided against pursuing a common currency for the BRICS nations during its presidency this year. Instead, the focus will be on facilitating trade in local currencies, a move that’s been met with warnings from U.S. President...

Source: (Bitcoin News ) 1 year ago 24

Starting in the second half of the year, South Korea will allow certain institutional investors, including listed companies, to open virtual asset trading accounts. Risks of Institutional Participation South Korea will allow certain institutional investors to open virtual asset...

Source: (Bitcoin News ) 1 year ago 35

A Las Vegas businessman, Brent C. Kovar, 58, has been indicted for allegedly orchestrating a $24 million cryptocurrency Ponzi scheme through his company, Profit Connect. Prosecutors claim Kovar falsely promoted Profit Connect as an artificial intelligence-powered cryptocurrency mining firm...

Source: (Bitcoin News ) 1 year ago 36

India’s ED seizes $198 million in crypto linked to Bitconnect’s infamous Ponzi scheme. A global fraud, high returns promised, and digital assets hidden—here’s the full story. India Seizes $198M in Crypto in Bitconnect Fraud Probe India’s Directorate of Enforcement...

Source: (Bitcoin News ) 1 year ago 32

Russia is turning its back on the G7, calling it outdated, and shifting its focus to BRICS, SCO, and G20 as the new pillars of global influence. Russia Chooses BRICS and G20 Over ‘Outdated’ G7 Russia is prioritizing BRICS,...

Source: (Bitcoin News ) 1 year ago 31

According to a Schedule 13G filing with the U.S. Securities and Exchange Commission (SEC), the global proprietary trading firm and liquidity provider, Jane Street — boasting over $450 billion in managed assets — has amassed shares in Iris Energy,...

Source: (Bitcoin News ) 1 year ago 40

The SEC is seeking candidates for its Investor Advisory Committee, emphasizing investor protection and regulatory priorities as it shifts toward a more pro-crypto stance under new leadership. Investor Advisory Committee to Shape SEC Policies—Who Will Join? The U.S. Securities...

Source: (Bitcoin News ) 1 year ago 34

PRESS RELEASE. ETH stands as the second-largest cryptocurrency by market cap, and its well-established ecosystem continues to be a hotbed for innovation. Building on this powerful network, Remittix has emerged as a PayFi contender, recently surpassing $12 million in...

Source: (Bitcoin News ) 1 year ago 27

Goldman Sachs significantly expanded its Bitcoin ETF holdings in Q4 2024, increasing its stake in the Ishares Bitcoin Trust ETF (IBIT) by 88% to $1.27 billion, according to its latest SEC filing. The firm also boosted its investment in...

Source: (Bitcoin News ) 1 year ago 43

Bitcoin could soar to $1.5 million by 2030, Ark Invest’s Big Ideas 2025 report predicts, citing surging institutional adoption, resilient market demand, and its growing role as “digital gold.” Ark Invest’s Bold Bitcoin Price Predictions Ark Investment Management (Ark...

Source: (Bitcoin News ) 1 year ago 39