Tether CEO Responds To Brad Garlinghouse’s Comments
Categories
Brad Garlinghouse, Crypto News, Paolo Ardoino, ripple ceo, Stablecoins, Tether, Tether CEO, US government, US govt, US Regulators, USDT

In a recent podcast interview, Ripple’s CEO Brad Garlinghouse stated that Tether, the largest Stablecoin issuer by market share, is next on the US government’s target list. Tether’s CEO, Paolo Ardoino, refuted Garlinghouse’s comments and accused him of spreading fear. Is Tether Next In Line? Ripple’s CEO joined Quantum’s founder, Chris Vasquez, for his World […]

Bitcoin Mining Giant Bitfarms Axes CEO Amidst $27 Million Lawsuit | Bitcoinist.com
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Bitcoin, Bitcoin Mining, Bitcoin News, bitcoin price, btc, btcusd, BTCUSDT, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency

Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27 million lawsuit against the company.  According to Bloomberg, the lawsuit alleges breach of contract and “wrongful termination” and seeks compensatory and punitive damages. Bitfarm believes the claims are without merit […]

China Takes Down $295M Crypto Underground Bank: Beginning Of A Bigger Crackdown?
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china, China digital yuan, Crypto, Crypto Market, Crypto regulation, Crypto Underground Bank, Digital Yuan, illegal activity, Underground Banking

Chinese law enforcement has disrupted a covert banking network that leveraged cryptocurrencies to execute unauthorized foreign exchange transactions totaling around 2.14 billion yuan ($295.8 million). This illicit operation mainly converted the Chinese yuan into the South Korean won, evading the established legal frameworks for currency exchange. Uncovering The Shadow Crypto Banking Network  In Jilin province, […]

Crypto Analyst Predicts 3,000% Surge For Shiba Inu – Here’s The Timeline | Bitcoinist.com
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Analyst, Crypto, Crypto Analyst, Crypto News, shib, SHIB news, SHIB price, Shiba Inu, Shiba Inu news, Shiba Inu price, SHIBUSD, SHIBUSDT

Crypto analyst Davie Satoshi has dropped a bullish prediction for Shiba Inu as part of what might be the future outlook for major meme coins. According to the analyst, SHIB is one of the meme coins with the potential to go on a 1,000% to 3,000% price surge amidst a flurry of cryptocurrencies in the […]

Trump Campaign Develops Bitcoin Agenda With Industry Expert
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Bitcoin, Bitcoin News, btc, Crypto News, Donald Trump, Joe Biden, US Presidential elections

David Bailey, CEO of Bitcoin Magazine, has publicly announced his collaboration with Donald Trump’s campaign to forge a crypto-friendly agenda, potentially shaping future US policy on digital assets. Using the social media platform X, Bailey detailed his direct involvement in crafting a strategic vision for BTC and other cryptocurrencies under a potential Trump administration A […]

Solana Price Prediction – Could Solana Regain Bullish Momentum And Push To $200?
Categories
Altcoins, Crypto, Crypto News, price action, Price Analysis, SOL, solana

Solana has seen its price struggling to return to bullish levels for the past month. Solana previously reached $208 on March 18 after a strong price uptick spanning over five months. However, this cross over $200 was very brief as Solana dipped to $167 before reversing and reaching $203 again on April 1. Again, this […]

Gas Gone Cheap! Ethereum Fees Plunge 93% To Rock Bottom Prices
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Altcoins, Crypto, Crypto News, ETH, Ethereum, ethusd, Gas

Ethereum users are rejoicing over a dramatic drop in gas fees, with the network experiencing its lowest point since early 2020. This translates into significantly cheaper transactions, making the platform more accessible for everyday users and developers. However, experts caution that this fee fiesta might be temporary, raising questions about the long-term health of the […]

Bitcoin “Danger Zone” In 2 Days: Crypto Expert Explains What This Means
Categories
Bitcoin, btc, btcusd, Crypto, price action, Price Analysis

Crypto analyst Rekt Capital has dropped a peculiar analysis on when Bitcoin might resume its upward trajectory. According to a post on social media platform X by the popular analyst, Bitcoin could finally exit the “danger zone” in the next two days. This prediction has come amidst speculations on when and whether Bitcoin would continue […]

Binance 3-Year Monitorship To Be Handled By FRA – Details | Bitcoinist.com
Categories
Binance, DOJ, FTX, Sullivan & Cromwell, US Department of Justice, US DOJ

According to the latest report, the United States Department of Justice (DOJ) has granted the three-year monitorship of Binance to consulting firm Forensic Risk Alliance (FRA). This appointment is part of the exchange’s plea deal with the Justice Department last year. In November 2023, Binance entered into a plea deal with the DOJ related to […]

SEC Counters Coinbase’s Petition For New Crypto Regulations
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appeals court, Bitcoin, coinbase, rulemaking, SEC

The US Securities and Exchange Commission (SEC) has filed a countermotion against Coinbase’s rulemaking petition for the crypto industry. In a brief submitted on May 10, the US regulator argues against Coinbase’s request stating there is no need for creating a regulatory framework for crypto assets in place of existing US securities laws. Coinbase Rulemaking […]

Can Ethereum Maintain Momentum? Key Levels To Watch
Categories
Altcoins, Crypto, ETH, Ether, Ethereum, Price Analysis

Ethereum, the world’s second-largest cryptocurrency, has been on a rollercoaster ride lately, dipping below the psychologically important $3,000 threshold only to claw its way back, Ethereum’s price action has been a confusing mix of bullish and bearish signals. Bullish Whispers: New Investors And Short-Term Spikes A glimmer of hope emerged for Ethereum bulls with a […]

Sam Bankman-Fried Maintains Innocence While Subsisting On Rice And Beans In Prison
Categories
Crypto, FTX, News, Sam Bankman-Fried, SBF

Sam Bankman-Fried (SBF), the once-revered wunderkind of the cryptocurrency world, has traded his penthouse for a prison dorm. Following his conviction for orchestrating a multi-billion dollar fraud at FTX, Bankman-Fried is facing a harsh reality far removed from his former life of luxury. SBF Subsists On Rice And Retro Games A recent interview conducted within […]