Crypto News
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Archegos Capital Management returned to the spotlight three years after its spectacular collapse with the start of founder Bill Hwang’s trial on fraud, racketeering and market manipulation charges. The trial kicked off Monday in Manhattan federal court with opening statements and continued through Thursday with testimony from several witnesses who ...
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US authorities charged two Chinese nationals in a cryptocurrency scam that laundered at least $73 million from defrauded victims, the Justice Department said Friday. US officials arrested Yicheng Zhang in Los Angeles on Thursday, according to an indictment unsealed in US District Court in California’s central district later that day. Daren Li, a dual ...
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Cryptocurrency has become a popular investment option in recent years. It’s known to offer a long-term investment option with the potential for large gains, investment diversification, and a possible hedge against inflation. While some investors have been buying and selling digital currencies since Bitcoin was launched in 2009, others are just getting ...
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When it comes to Bitcoin ETFs, it’s not just the retail trading crowd that’s taking the plunge. It’s now clear that hedge funds, pension funds and banks have also sprinkled capital into the exchange-traded funds after their blockbuster debut that was more than a decade in the making. Among the most well-known buyers that have emerged are hedge funds like ...
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The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the six-month period between October 2023 and April 2024, the LEI contracted by 1.9 percent—a smaller decrease than its 3.5 percent decline over the previous six months. “Another decline in ...
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Recent statistics have expressed a positive outlook for Bitcoin in the crypto market. A CryptoQuant analyst has mentioned that the chief crypto token is regaining momentum in terms of price performance and that the bull run could go on for another year. The analyst provided the details based on the on-chain data to justify the stance. As per the expert, the ...
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On May 14, U.S. Trade Representative Katherine Tai released a review report on the Section 301 tariffs imposed on China and issued a statement indicating that President Joe Biden ...
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European Central Bank board member Isabel Schnabel warned against back-to-back rate cuts amid lingering inflation risks, Nikkei reported Friday, as the central bank gears for its ...
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The upcoming European Parliament elections, scheduled for June 6-9, 2024, are expected to carry significant implications for the future of the European Union. This significance ...
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post: Fed’s Powell Tested Positive for Covid-19 Yesterday, Experiencing Symptoms, Working From Home and Staying Away From Others -- Fed Spokesperson
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Thank you, President Kashkari, for the introduction, and thank you to the conference participants for the opportunity to speak with you.1 As you all know, the payment system ...
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The Conference Board Leading Economic Index® (LEI) for theU.S. decreased by 0.6 percent in April 2024 to 101.8 (2016=100), after decreasing by 0.3 percent in March. Over the ...
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The bears' failure to sink and sustain Bitcoin below the psychological level of $60,000 seems to have attracted buyers who are trying to propel the price toward the range resistance. The current upmove does not guarantee a breakout from the range but reduces the possibility of a sharp correction in the near term. Bitcoin’s recovery has boosted the daily ...
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Recent statistics have expressed a positive outlook for Bitcoin in the crypto market. A CryptoQuant analyst has mentioned that the chief crypto token is regaining momentum in terms of price performance and that the bull run could go on for another year. The analyst provided the details based on the on-chain data to justify the stance. As per the expert, the ...
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The Financial Crimes Compliance department of Binance has partnered with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office to address a money laundering case involving 200 million New Taiwan dollars ($6.2 million) in digital asset fraud. An official statement revealed that the operation targeted criminals who ...