Bitcoin Soars to $30,000 Monday After Spot ETF Rumor, Then Crashes, Liquidating $81M In Positions
Bitcoin (CRYPTO: BTC) experienced a price surge from $27,900 to $30,000 Monday due to a misleading announcement about a spot ETF approval on the social platform X, formerly known as Twitter. This misinformation resulted in approximately $100 million in liquidations…
Ferrari is now accepting an unusual form of payment for its sports cars
By James Ochoa Ferrari (RACE) – Get Free Report is known for powerful cars like its current Roma and SF90 Stradale, as well as heritage models like the Testarossa, F40 and the Enzo. The prancing horse from Maranello is a…
Will SEC Greenlight A Spot Bitcoin ETF? Crypto Investors Wait In Anticipation
Crypto investors are eagerly awaiting an important decision from the Securities and Exchange Commission (SEC) regarding the potential establishment of a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF). According to Barron’s, this decision could significantly impact the cryptocurrency. Companies such…
WSJ: Palestinian militant group received funds from sanctioned Russian crypto-exchange
The Palestinian militant group Islamic Jihad received part of a $93 million payment through the sanctioned Russian crypto-exchange company Garantex, the Wall Street Journal reported on Oct. 13. The sources used in the reporting alleged that Hamas likely used a…
USDR liquidity crisis costs a trader 131,350 stablecoins
USDR suffered a liquidity crisis, revealing its illiquid assets. A trader lost everything swapping USDR for USDC during the crisis. An MEV bot profited $107,002 from the arbitrage opportunity. The Real USD (USDR) stablecoin recently found itself in the eye…
Empire building has always come at an economic cost for Russia – from the days of the czars to Putin’s Ukraine invasion
The Russian economy: A Potemkin village? Getty Images President Vladimir Putin’s invasion of Ukraine has come at huge economic costs. By conservative estimates, the Russian economy has taken a US$67 billion annual hit as a result of war expenses and…
Analysis-Hamas’ cash-to-crypto global finance maze in Israel’s sights
By Hadeel Al Sayegh, John O’Donnell and Elizabeth Howcroft LONDON/DUBAI (Reuters) – Palestinian militant group Hamas uses a global financing network to funnel support from charities and friendly nations, passing cash through Gaza tunnels or using cryptocurrencies to bypass international…
SEC Backs Down In Grayscale Bitcoin ETF Case, Won’t Contest Court Decision: Report
The Securities and Exchange Commission has reportedly chosen not to contest a court decision that ordered the regulatory agency to review its rejection of Grayscale’s applicationto turn its Bitcoin (CRYPTO: BTC) trust into a more accessible exchange-traded fund (ETF). This…
Ferrari to accept crypto as payment for its cars in the US
By Giulio Piovaccari MILAN (Reuters) – Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief…
Is Cryptocurrency the new gold rush? Examining its impact on U.S. economy
In this digital era, the revolutionary emergence of cryptocurrencies is redefining financial transactions in the U.S. and globally. In the quest to examine this new frontier, this deep dive will explore the integral role of cryptocurrencies, especially in the American…