Crypto News

A Canadian businessman has received a 41-month sentence in a U.S. federal prison for obstruction. Businessman’s Account Blocked by Binance A Canadian businessman will serve 41 months in U.S. federal prison after pleading guilty to one count of obstruction of an official proceeding. The sentence was jointly announced by U.S. Attorney Edward R. Martin Jr.Source link

Cardano (ADA) and dogecoin (DOGE) were down 4% in the past 24 hours, leading losses among major tokens as traders await U.S. payrolls before further positioning in the market.Bitcoin (BTC) traded just over $97,300 in European morning hours Friday, down 1.7% in the past 24 hours. The broad-based CoinDesk 20 (CD20), a liquid index of the largest tokens by market capitalization, fell 2.3%. “Bitcoin failed to reclaim the $99K resistance level last night, triggering a broad selloff in the market and pushing BTC back to a new daily low of $95.6K,” Singapore-based QCP Capital said in a Telegram broadcast. “With a three-day losing streak, the outlook for crypto remains uncertain.”Ether (ETH) fell 2%, while XRP outperformed BTC with slight declines...

In an exciting development for both sports fans and crypto enthusiasts, Betpanda.io, a leading crypto casino and sportsbook, has announced its partnership with UFC fighter Johnny Walker as the brand’s newest ambassador. This collaboration marks a significant intersection between the electrifying world of mixed martial arts and the rapidly expanding realm of cryptocurrency betting, promisingSource link

Disclaimer: The analyst who wrote this piece owns shares of Strategy (MSTR).In a recent Schedule 13G filing, BlackRock (BLK) disclosed that it now owns 5% of Strategy (MSTR), equivalent to approximately 11.2 million shares. This marks a 0.91% increase from its previous 4.09% ownership as of September 30, 2024, according to Yahoo Finance. A Schedule 13G is filed when an investor acquires more than 5% of a publicly traded company’s stock but does not intend to influence or control the company. Institutional investors must file within 45 days after year-end or within 10 days if ownership exceeds 10%.Since BlackRock’s filing date was Dec. 31, 202.4, the firm had until Feb. 14 to disclose its position.In related news, Strategy’s perpetual preferred...

Utah stands out as the state closest to a potential implementation. Its bill would authorize the allocation of 5% to "qualifying digital assets."Source link