Samourai Wallet Co-Founder Sentenced To 5 Years In Prison For Money Laundering

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Is Crypto the New Digital Gold? Bitcoin Surges Past $120K | GRAVITAS

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Bitcoin has surged past $120,000 for the first time in weeks, reigniting debate over whether the cryptocurrency is replacing gold as a safe-haven asset. As U.S. turmoil drives investors toward alternatives, smaller tokens and crypto stocks are also on the rise. #bitcoin #crypto #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters…

Japanโ€™s FSA Backs Major Banksโ€™ Joint Yen Stablecoin Rollout

Japanโ€™s financial regulator, the Financial Services Agency (FSA), endorsed a project by the countryโ€™s largest financial institutions to jointly issue yen-backed stablecoins. In a Friday statement, the FSA announced the launch of its โ€œPayment Innovation Projectโ€ as a response to progress in โ€œthe use of blockchain technology to enhance payments.โ€ The initiative involves Mizuho Bank, Mitsubishi UFJ Bank, Sumitomo Mitsui Banking Corporation, Mitsubishi Corporation and its financial arm and Progmat, MUFGโ€™s stablecoin issuance platform. The announcement follows recent reports that those companies plan to modernize corporate settlements and reduce transaction…

Zcash Faces Mixed Sentiment as Analyst Targets $750

Key Notes Zcash has recorded a more than 20% increase in price within the last 24 hours. Ali Martinez believes that the next stop for the coin is $750. Ansem on X thinks that this pump should be Monero’s, not Zcashโ€™s. Popular crypto analyst Ali Martinez has predicted that privacy-focused coin Zcash ZEC $642.5 24h volatility: 24.1% Market cap: $10.50 B Vol. 24h: $2.08 B would hit $750 soon. His statement comes as the digital asset continued its upward rally in the wake of Nov. 7. It has recorded gains…

Cathie Wood Trims 2030 Bitcoin Bull Case Over Stablecoin Growth

Amid this weekโ€™s crypto market correction, Ark Investโ€™s CEO and CIO, Catie Wood, has slashed her 2030 bullish forecast for Bitcoin (BTC), highlighting the global momentum of the stablecoin sector. Related Reading Stablecoins Overtake Part Of BTCโ€™s Role On Thursday, Ark Investโ€™s CEO, Cathie Wood, joined CNBCโ€™s โ€œSquawk Boxโ€ to discuss Bitcoinโ€™s price, her thoughts on stablecoinsโ€™ growth, and how her previous bullish forecast for the flagship crypto has evolved over the past year. In the interview, Wood underscored that the rapid rise of stablecoins is taking on a role…

Bitcoin ETFs End Six-Day Outflow Streak With $240M Inflows

United States spot Bitcoin exchange-traded funds (ETFs) recorded a $239.9 million net inflow on Thursday, ending a six-day slump of outflows draining almost $1.4 billion from the market.ย  According to data from Farside Investors, the reversal came after a turbulent week of profit-taking driven by macroeconomic uncertainty, which led to redemptions across the largest institutional Bitcoin (BTC) investment vehicles.ย  The rebound was led by asset manager BlackRock, which added $112.4 million to its iShares Bitcoin Trust (IBIT), followed by Fidelityโ€™s Wise Origin Bitcoin Fund (FBTC) with $61.6 million. The ARK…

ICP Flips TAO, Whatโ€™s Driving 200% Weekly Surge?

The Internet Computer ICP $8.23 24h volatility: 34.4% Market cap: $4.46 B Vol. 24h: $1.53 B has continued its explosive rally, surging nearly 39% on Nov. 7 alone. This extends the cryptocurrencyโ€™s seven-day gain to over 200%, adding $3.1 billion in market cap.ย  The rally has made ICP the worldโ€™s largest AI blockchain, flipping Bittensor TAO $374.1 24h volatility: 1.4% Market cap: $3.60 B Vol. 24h: $401.84 M . According to the data by CoinMarketCap, ICP currently trades at $8.56 and boasts a market cap of $4.57 billion, climbing into…

Robinhoodโ€™s (HOOD) Crypto Revenue Miss Tempers Solid Quarter: JPMorgan

Wall Street bank JPMorgan (JPM) called Robinhoodโ€™s (HOOD) third-quarter results solid but lower quality, as weaker crypto revenue and tax benefits drove much of the earnings beat. The bank said the roughly 15% earnings per share (EPS) beat was mostly due to a lower tax rate tied to stock-based compensation from the 52% rise in the share price, in a report published Thursday. Analysts led by Kenneth Worthington expect the trading platformโ€™s margins to keep improving and raised their price target on the shares to $130 from $122, while reiterating…