Category: crypto

FBI Forms Crypto Unit to Track Illicit Funds; Broker: FL Home Sales Not Slowing Down | NTD Business

Home sales are showing no sign of slowing down. We talk to a seller in the red hot Tampa Bay market about how active big institutional buyers are there. New cryptocurrency scams are popping up, trying to lure people into buying their tokens. We have tips on how you can avoid falling for them. Louis Vuitton…


Fed Adopts Strict Rules Over Stock Trading; Broker: FL Home Sales Not Slowing Down | NTD Business

Home sales are showing no sign of slowing down. We talk to a seller in the red hot Tampa Bay market about how active big institutional buyers are there. New cryptocurrency scams are popping up, trying to lure people into buying their tokens. We have tips on how you can avoid falling for them. Louis Vuitton…


Mastercard Launches New Consulting Service Including Crypto Adoption Strategies

Payment processing behemoth Mastercard Inc. is launching a new consulting service dedicated to Open Banking, Open Data, Crypto & Digital Currencies, and Environment, Social & Governance (ESG). What Happened In a Tuesday announcement, Mastercard wrote that it is expanding its consulting business with services that include an explicit dedication to the cryptocurrency space. Raj Seshadri—the firm’s Data & Services President—promised…


Intel Launches Blockchain Chip to Tap Crypto Boom

Intel Corp on Friday launched a new chip for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. The chip will ship later this year and the first customers include Block Inc, the Jack Dorsey-led firm that recently changed its name from Square Inc to highlight…


As Crypto Rises, Some Bemoan Its Carbon Footprint

In the years since the still-anonymous ‘Satoshi Nakamoto’ created the first cryptocurrency, Bitcoin, crypto has proven to be polarizing. Proponents argue that cryptocurrencies offer a transparent alternative to fiat currencies like the dollar. Crypto transactions are permanently recorded on a decentralized ledger known as a blockchain, making them potentially resistant to censorship. For political dissidents,…


Tesla’s Bitcoin Holdings Worth Nearly $2 Billion: Filing

Tesla Inc. said on Monday the fair market value of the electric-vehicle maker’s bitcoin holdings as of Dec. 31 was $1.99 billion. In its annual filing with the U.S. Securities and Exchange Commission, Tesla, which had invested $1.50 billion in bitcoin last year, said it registered about $101 million in impairment losses last year due…


Bitcoin Mimics Stocks Rally, Hits 2-week High

Bitcoin hit its highest in two weeks on Saturday, extending the previous session’s strong gains as cryptocurrencies basked in a recovery in risk appetite and a rally in stock markets. The world’s largest cryptocurrency hit $41,983, taking gains from Thursday’s lows to nearly 16 percent, and marking a 27 percent rise from the year’s low…


Crypto Analyst Justin Bennett Says Bitcoin Will Break above $40,000 by Monday

Cryptocurrency analyst and trader Justin Bennett says Bitcoin BTC looks poised to rally above $40,000 before the month comes to a close on Monday. “If Bitcoin can break above these highs, right around $37,500, if we do get that breakout, I think we see $40,000, potentially up to $42,000 here over the next few days,…


Crypto Money Laundering Rises 30 Percent in 2021: Chainalysis

NEW YORK—Cybercriminals laundered $8.6 billion in cryptocurrencies last year, up 30 percent from 2020, according to a report from blockchain analysis firm Chainalysis released on Wednesday. Overall, cybercriminals have laundered more than $33 billion worth of crypto since 2017, Chainalysis estimated, with most of the total over time moving to centralized exchanges. The firm said…


How Far Will Bitcoin Fall? Crypto Analyst Benjamin Cowen Identifies the Bottom

As the world’s apex cryptocurrency kicks off 2022 with a dizzying collapse, analyst Benjamin Cowen says that $30,000 may be the bottom for Bitcoin. Talking to his 693,000 YouTube subscribers, Cowen said that he has identified that level as the potential floor price for BTC as the flagship crypto tumbles over 50 percent. “Clearly $30,000 is a big area as well….