A cryptocurrency CEO has been convicted of wire fraud and money laundering after deceiving investors, raising millions through false claims, and laundering funds for personal luxury purchases. AML Bitcoin Founder Convicted in Multi-Million Dollar Fraud Case A federal jury in San Francisco has convicted Rowland Marcus Andrade, the founder and CEO behind AML Bitcoin, of […] Original
Bybit CEO Ben Zhou shares his thoughts on the massive Hyperliquid ETH whale liquidation which led to the platform losing $4 million. He highlights issues that come with leverage on CEXs and DEXs. In a recent post, Zhou explained how the whale was able to pull off an enormous liquidation with a long position of 175,000 ETH (ETH) (valued around $340 million) with 50x leverage without triggering a market crash. He said the whale was able to make a “quick and clean” exit while letting Hyperliquid take the fall. “Why…
Andrew Hohns, founder of Newmarket Investment Management, unveiled a proposal for U.S. “Bit Bonds” designed to leverage bitcoin’s growth to reduce national debt, lower interest rates, and empower household savings during the Bitcoin Policy Institute’s March 11 summit in Washington, D.C. Bitcoin Bonds Could Slash U.S. Interest Rates, Boost Savings, Andrew Hohns Argues Speaking at […] Original
Newmarket Capital CEO Andrew Hohns suggests incorporating Bitcoin into government bonds as a way to reduce national debt and purchase Bitcoin for the U.S. strategic reserve. At the Bitcoin (BTC) Policy Institute’s Bitcoin for America on March 11, Hohns proposes the idea of “Bit Bonds,” a novel type of U.S. Treasury bond that incorporates Bitcoin into government financing. The idea is to use bond issuance to reduce government borrowing costs and build a strategic Bitcoin reserve, while offering American families a tax-free investment vehicle. Hohn suggested the U.S. government issue…
Bitcoin plunged below $80K on Monday, March 10, dropping to lows of $77,490 as the crypto market suffered another bloodbath. But despite the potential for Bitcoin (BTC) to dip further, Nigel Green, chief executive officer of global financial advisory giant deVere Group, holds a bullish view. He explained why the bull market may not be over for Bitcoin in an analysis shared with crypto.news. According to Green, one factor to consider is that BTC’s price has dropped sharply just days after President Donald Trump’s executive order on a strategic Bitcoin…
Bitcoin Magazine CEO David Bailey has speculated that the U.S. Department of Justice might be rapidly conducting Silk Road BTC liquidations. In a Mar. 10 post on X, Bailey suggested that Silk Road liquidations could be happening despite U.S. President Donald Trump’s pro-Bitcoin stance, potentially contributing to the recent downturn in BTC’s price. Bailey’s claim sparked discussion within the cryptocurrency community. If the DOJ has been liquidating America’s bitcoin with haste (in defiance of the President) ever since getting court approval to do so 3 months ago… then Bitcoin’s price action…
Ripple’s CEO praised the Trump administration’s embrace of crypto, highlighting support for regulatory clarity, crypto reserves, and digital asset innovation backed by U.S. Treasuries. Ripple’s CEO Applauds Trump Administration’s Embrace of Crypto Brad Garlinghouse, CEO of Ripple, reflected on a significant week for the cryptocurrency industry, highlighting key events such as the first-ever White House […] Source CryptoX Portal
Coinbase CEO Brian Armstrong advocates for a bitcoin-only U.S. reserve, calling it the simplest option, but suggests a crypto index as an alternative for diversification. Coinbase CEO Calls for Bitcoin-Only US Reserve but Proposes Crypto Index as Plan B Brian Armstrong, CEO of crypto exchange Coinbase (Nasdaq: COIN), shared his thoughts on social media platform […] Original
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Ripple CEO sees Trump’s “Crypto Strategic Reserve” as a game-changer for XRP, signaling a new era of legitimacy and growth while slamming past SEC obstruction. XRP Included in Trump’s Crypto Reserve—Ripple CEO Sees a Major Breakthrough Ripple CEO Brad Garlinghouse took to social media platform X on March 2 to weigh in on President Donald […] Source CryptoX Portal