Crypto News
‘Almost All Pyramid Schemes’ In Russia Are Crypto Related, Central Bank Says
The Central Bank of Russia counted 5,735 financial scams and 2,944 pyramid schemes in 2023, up big time from the year before.Source link
Bitcoin ETF ‘FOMO Rally’ Could Send Price to All-Time High: Bernstein
In a note to clients, Alliance Bernstein analysts make a bullish case for Bitcoin's price hitting new highs later this year.Source link
Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition
In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance Ripple’s portfolio of digital asset solutions and regulatory licenses, marking a significant step in the company’s expansion. Ripple Plans to Acquire Standard Custody & TrustSource link
Crypto Political Group Fairshake Targets California Democrat Sen. Katie Porter
The U.S. crypto industry's most prominent campaign-finance organization, Fairshake, is going after Sen. Katie Porter (D-Calif.), spending a part of its war chest to try to derail the progressive lawmaker.Source link
Bitcoin ETFs Surpass $3 Billion Net Flows, Shattering Gold ETF Launch
Spot Bitcoin ETFs have surged past the historical performance of gold ETFs, and the new funds have swelled by $450 million a day already this week.Source link