Plan B, a bitcoin analyst who is famous for his stock-to-flow (S2F) price prediction model, has announced that he sold his tokens, pivoting to bitcoin exchange-traded funds (ETFs). Predicting a negative backlash from the community, he stated: “Yes I...

Source: (Bitcoin News ) 1 year ago 44

Javier Milei endorsed a token called Libra, which was allegedly intended to support local enterprises, without doing due diligence. This set in motion a chain of events that could even result in the impeachment of the leader, as thousands...

Source: (Bitcoin News ) 1 year ago 27

Luke Xie, co-founder and CEO of Satlayer, emphasizes the importance of highlighting bitcoin’s other use cases, particularly with the introduction of Taproot. The ETF and Trump Effect on Bitcoin The increased public interest in bitcoin, sparked by rumors in...

Source: (Bitcoin News ) 1 year ago 28

The founder of Clucoin, Austin Michael Taylor, was sentenced to 27 months in prison for wire fraud, followed by three years of supervised release, and ordered to pay $1.14 million in restitution and forfeitures. Taylor, 41, from Sykesville, Maryland,...

Source: (Bitcoin News ) 1 year ago 31

Martins Benkitis, co-founder and CEO of market maker Gravity Team, believes that any digital asset stockpile, as suggested by an executive order from U.S. President Donald Trump, should start with Bitcoin as its foundation. Altcoins in U.S. Digital Asset...

Source: (Bitcoin News ) 1 year ago 38

Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their fraudulent mining service, Hashflare. The scheme, running from 2015 to 2019, deceived hundreds of thousands worldwide, including U.S. investors,...

Source: (Bitcoin News ) 1 year ago 39

The FBI’s Operation Level Up has saved over 4,300 potential victims from losing $285 million to cryptocurrency scams, preventing life-altering financial losses and exposing fraudulent platforms. Operation Level Up: Inside the FBI’s Mission to Protect 4,300 From Crypto Fraud...

Source: (Bitcoin News ) 1 year ago 36

A U.S. representative has slammed President Trump and Elon Musk for dismantling consumer protections, warning they’ve turned crypto into a breeding ground for scams. Elon Musk’s ‘DOGE Bros’ Shutting Down Consumer Protections? Lawmaker Sounds the Alarm U.S. Representative Ayanna...

Source: (Bitcoin News ) 1 year ago 31

Michael Saylor has met with Salvadoran President Bukele to discuss accelerating global bitcoin adoption as El Salvador strengthens its position, continuing to accumulate bitcoin despite IMF-driven policy adjustments. Michael Saylor Meets Nayib Bukele to Discuss Bitcoin Strategy Michael Saylor,...

Source: (Bitcoin News ) 1 year ago 35

Institutional sentiment toward crypto is “the most bullish I’ve ever seen,” says Bitwise’s CIO, who calls this “arguably the best time in history to invest.” Bitwise: Institutional Money Is Flooding In—Crypto’s Next Leg Up Is Near Matt Hougan, Chief...

Source: (Bitcoin News ) 1 year ago 36