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Retired N.J. corrections officer admits $600K crypto scam

A former corrections officer admitted Monday that he orchestrated two different scams, including a cryptocurrency scam, that targeted first responders and cost his victims more than $600,000, federal prosecutors announced Tuesday. John DeSalvo, 47, of Linwood, pleaded guilty in Newark…

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Larry Fink’s BlackRock Deploys $100M Onto Ethereum’s Blockchain: World’s Biggest Asset Manager Has Big Plans For Crypto

BlackRock Inc., the world’s largest asset manager, has deployed $100 million onto Ethereum anticipating the approval of BlackRock’s new Digital Liquidity Fund. CEO Larry Fink believes tokenization and exchange-traded funds (ETFs) will revolutionize finance, and many experts believe the tokenization…

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Will Coinbase’s new moves calm decentralization concerns?

Coinbase has opted to move customer and corporate USDC balances on-chain.  It will save the firm on settlement speed and costs, but decentralization concerns persist. Coinbase is shifting towards an on-chain financial entity after stating it will move customer and…

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Bitcoin Price Analysis: Here is What’s Waiting for BTC Price at the Quarterly Close

The post Bitcoin Price Analysis: Here is What’s Waiting for BTC Price at the Quarterly Close appeared first on Coinpedia Fintech News Bitcoin witnessed a significant upswing during the previous weekend, which elevated the token above the key support zone….

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‘Just because they embraced Bitcoin…’ – Tim Draper hails El Salvador

Tim Draper expressed optimism regarding El Salvador’s aggressive Bitcoin investment strategy. He claimed more countries should embrace Bitcoin. As the Bitcoin [BTC] halving approaches, several discussions have been centered around the king coin. In one such compelling discussion, Tim Draper, venture capitalist…

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Bitcoin: Will ‘flash crashes’ impact BTC negatively?

Have you ever wondered if Bitcoin flash crashes have a negative impact on its value? Recently, the cryptocurrency market has seen a series of sudden and dramatic price drops across various centralized exchanges, leading to a decline in sentiment towards Bitcoin. Despite…

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Spot Bitcoin ETF Net Inflows Surge To $417M, But Why Did Price Not Move?

Substantial fund inflows into Bitcoin spot Exchange-Traded Funds (ETFs) have coincided with a notable dip in Bitcoin‘s (CRYPTO: BTC) price, sparking discussions about the current sentiment among investors. What Happened: According to data from SoSoValue, the Bitcoin spot ETF sector…

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Judge rules SEC can proceed with case against Coinbase

Judge rules SEC vs. Coinbase case to proceed. US District Judge Kathrine Failla however granted Coinbase’s motion on its wallet. A federal judge has ruled that the US Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coinbase will move…

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Crypto Trader Used This Strategy To Avoid 2021 Bitcoin Crash ‘From $58K To $28K In A Matter Of Weeks’

Pseudonymous cryptocurrency trader CryptoJelle, shared a simple yet effective strategy for determining the peak of a bull market. What Happened: In a comprehensive X (formerly Twitter) thread on Tuesday, CryptoJelle laid out the concept of market structure analysis. This approach…

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Bitcoin price breaks above $70.8K resistance: $75K predictions next?

Market sentiment around BTC turned bullish.  The selling pressure on the coin was relatively low.  Bitcoin [BTC] continued to trade above the $70k mark, and things might soon get better for investors. The latest analysis suggested that BTC went up a…