Crypto News
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Damian Williams, the United States Attorney for the Southern District of New York; Thomas Fattorusso, the Special Agent in Charge of the New York Field Office of the Internal Revenue Service, Criminal Investigation (“IRS-CI”); and James Smith, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (“FBI”), ...
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Another person involved in OneCoin has been arrested, according to court documents filed in the Southern District of New York. Prosecutors say William Morro was involved in a scheme to hide the source of funds connected to OneCoin by lying to banks about the origin of those funds. Morro participated $35 million in funds connected to OneCoin to be ...
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In a recent post, I tried to warn people about the substantial and growing chance of World War 3. My post was focused on the risk that a war will occur, but it didn’t really focus on the risk that the US and its allies will be defeated in that war. Yes, nuclear weapons are a factor, but there’s no certainty they’ll be unleashed in WW3, even by the losing ...
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Durable goods orders for the month of March 2024 • Prior month 1.3% (revised). Revised even lower to 0.7% • nondefense capital goods orders ex air 0.2% vs 0.2% expected. • Prior nondefense capital goods orders ex-air 0.7% revised to 0.4% • Ex transportation 0.2% versus 0.3% expected. Prior month revised to 0.1% from 0.3% • Ex-Defense 2.3% versus 1.5% ...
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I have been quite vocal over the past couple of months about Bitcoin’s tendency to get choppy, volatile and unfriendly whenever it reaches the $60k-$70k zone. And it was no different this time around; Bitcoin entered the usual parabolic phase of the rally, media coverage of it exploded, the record high was achieved – then the inevitable shakeout began. You ...
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Another person involved in OneCoin has been arrested, according to court documents filed in the Southern District of New York. Prosecutors say William Morro was involved in a scheme to hide the source of funds connected to OneCoin by lying to banks about the origin of those funds. Morro participated $35 million in funds connected to OneCoin to be ...
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With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are ...
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Quiet macro day with Durable Goods Orders looking like a beat - but only because of sizable downward revisions - as orders and shipments are actually down on a YoY basis. chart ...
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The direction of monetary policy moves is diverging among the major economies, after a period of unusually synchronised interest rate rises in 2022 and 2023, as highlighted in ...
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Bitcoin's rally to a new all-time high, and the subsequent consolidation suggests that the bulls are not rushing to the exit as they anticipate another leg higher. According to an X post by Santiment, the rise has been supported by the Bitcoin whales holding between 1,000 and 10,000 Bitcoin who have “accumulated 266K more $BTC since the start of 2024.” It ...
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Meme cryptocurrency Dogecoin (DOGE) has established itself as a major player in the financial sector, especially within payment systems. With a substantial market cap of approximately $28 billion and over 7 million active on-chain holders, Dogecoin’s practical utility extends beyond its initial playful image. Dogecoin is showing a bullish trend, stabilizing ...
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Strike, the bitcoin-focused payments app, is now in Europe. Why it matters: Strike is built atop the Lightning Network, a so-called layer 2 Bitcoin payments solution that promises to use blockchain to reduce transaction speeds down to seconds. • Strike's rollout in Europe puts the app in nearly 100 countries, founder Jack Mallers said. Between the lines: ...