Day: January 8, 2023

Digital Currency Group under investigation by U.S. authorities: Report

boss

Crypto conglomerate Digital Currency Group, or DCG, are under investigation by the United States Department of Justice’s Eastern District of New York (EDNY) and the Securities and Exchange Commission (SEC), according to a Bloomberg report.  The authorities are digging into internal transfers between DCG and its subsidiary crypto lending firm Genesis Global Capital, noted the report citing people familiar with the matter. Prosecutors have already requested interviews and documents from both the companies, while the SEC is running an early-stage similar inquiry. As of yet, no indictment has been brought…

⚠ BREAKOUT ⚠ Did BTC just breakout or fakeout? Bitcoin & Ethereum price analysis – Crypto News Today

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 💰Trade on Bitget Bitget👉 Code 👉 tpf2 🔥 Get Up To $4163 BONUS & 0% Maker Fee (Use THIS Link👆) 💰Trade on BYBIT 👉 Sign up Code 👉42391 🔥 Get Up To $4,050 BONUS & 0% Maker Fee (Use THIS Link👆) Discord to take part👉 We have managed to get you a Signup and get $10 – Deposit bonus up to $100 (for first 100 people) 🚨WARNING🚨 There are Scammers impersonating influencers! Alway’s Use Our Offical Links Here 👉 LOOKING FOR MORE?…

Experts Predict Record Highs for Precious Metal – Bitcoin News

boss

Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% against the greenback since Nov. 3, 2022. According to the head of metals strategy at MKS Pamp Group, there is a “decent amount of bullish ‘pent-up’ demand that has been carried over from last year” for gold. Central Bank Demand and Ongoing Geopolitical Tensions Continue to Drive Gold’s Ascent…

Bitcoin, Sango Coin and the Central African Republic

boss

In the spring of 2022, the Central African Republic (CAR) became the first African country to adopt Bitcoin (BTC) as a legal tender. As the second country globally to recognize Bitcoin in such a fashion, the CAR followed in El Salvador’s footsteps. El Salvador has since boasted surging tourism numbers, a resilient economy and a healthy amount of free PR since allowing its citizens to make everyday purchases with the seminal cryptocurrency. The CAR, a substantially less economically developed economy than its Central American counterpart, would hope to emulate El…

Dogecoin (DOGE) Is Now 4th Most Popular Cryptocurrency On BitPay

boss

Dogecoin, a dog-themed meme crypto that appears to enjoy strong ties with tech billionaire and Twitter owner Elon Musk, appears to be struggling to gain enough ground for a major upward swing. After peaking at $0.0749 on January 5, DOGE fell victim to a price retracement that pulled it all the way down to $0.0705 the following day. Since then, the altcoin launched a mini rally to recoup some of its losses, enabling it to notch a 2.4% increase in value over the last seven days. According to tracking from…

SEC Will ‘Crush’ Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 — Week in Review – The Weekly Bitcoin News

boss

2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other than bitcoin, the Unites States Securities and Exchange Commission is going to “crush” most cryptos with regulations. Other investors and economists such as Michael Burry and Peter Schiff have also been weighing in on the foreboding atmosphere for the year ahead. Still, peer-to-peer exchange without the need for institutions stifling economic freedom (the original value proposition of bitcoin)…

Pi Network Clarifies Its Tokens Are Not Listed On Any Exchange Yet

boss

Pi Network, which plans to launch smartphone-based mining of Pi coins, has clarified that it has no association with any crypto exchange as of now. Pi tokens listed on any trading platform are fake, it said in a statement. “Pi’s enclosed mainnet design means that $PI listing on any exchange is impossible. The listing violates the network’s policies and is a false native Pi token, representing some form of IOU or other derivatives,” the network added. Pi Network is a cryptocurrency and developer platform that promises to offer the mining of…