Tucker Carlson has claimed that the Central Intelligence Agency (CIA) created Bitcoin (BTC), saying the mystery around its founder, Satoshi Nakamoto, makes him distrust the cryptocurrency. Speaking at a Turning Point USA event on October 22, the Conservative commentator said he would never invest in Bitcoin because he believes it was designed by financial elites […]
The US government’s economic data blackout continues, with the shutdown entering day 23. There has been no September jobs report, any key inflation data, or initial jobless claims for weeks. Additionally, the Fed has lost access to key private jobs data from ADP, covering 20% of private workers, reported the WSJ and Kobeissi Letter. “The […]
Zcash (ZEC) is now trading just below a key technical resistance range, with price action showing signs of slowing following an earlier surge. At the time of writing, ZEC is priced at $240, with a 24-hour trading volume of $730 million. Meanwhile, the token is down slightly in the past 24 hours but remains up […]
A flood of new crypto fund proposals is poised to hit the market, with 155 exchange-traded product filings waiting for regulatory approval. According to industry data from October 21, this wave could introduce over 200 new funds tracking 35 different digital assets within the next year. The Coming Wave of Crypto Funds Eric Balchunas, a […]
Bealls, a 110-year-old US retail chain with over 660 stores nationwide, has announced a new partnership with digital payments firm Flexa to enable in-store cryptocurrency payments. With this integration, Bealls becomes the first national retailer to accept digital currencies from any crypto wallet across more than a dozen blockchains at once. The announcement marks Bealls’ […]
Cryptojacking Scandal: Ex-Digital River Worker Exploited Company Systems for Personal Ethereum Gains
A former Digital River employee has been ordered to pay more than $45,000 back to his previous employer after unlawfully using company computing systems to mine cryptocurrency. Joshua Paul Armbrust, 45, was sentenced Tuesday to three years’ probation by US District Judge Jerry Blackwell, following his April guilty plea to a felony computer fraud charge. […]
Ethereum co-founder Vitalik Buterin stepped in following public remarks from Polygon co-founder Sandeep Nailwal, as he attempted to provide an acknowledgment of both the project and its leadership. Nailwal expressed frustration with Ethereum’s community, but said he remained loyal, even as he faced criticism over Polygon’s classification. Inside Ethereum Power Struggles In response, Buterin highlighted […]
Bitcoin whales are moving their wealth from the blockchain onto Wall Street’s balance sheet, reported Bloomberg on Tuesday. Spot Bitcoin ETFs are providing a novel way for the crypto-rich to get their coins into the traditional financial markets without selling them, it added. The exchanges are tax-neutral swaps where no cash changes hands and no […]
Ripple’s (XRP) rebound above $2.5 just days after dropping below $1.90 was rather short-lived as it currently trades near $2.4. Data now suggests massive whale movements toward Binance confirm profit-taking and panic-selling patterns. XRP Holders Unload Their Bags Since the start of October, XRP whales have shown a notable change in behavior amidst growing selling […]
Recent data shows that Chainlink (LINK) has established strong buyer interest around the $16 level. On October 19, more than 54.47 million LINK were acquired, according to a cost basis heatmap shared by Ali Martinez. At press time, LINK was trading at $18, with a 24-hour decline of 5% and a weekly loss of 3%. […]