[Fox Business] Rapper isn’t the first celebrity to face SEC action over cryptocurrencies Barstool Sports founder and president Dave Portnoy discusses dipping his toe into cryptocurrency like bitcoin. Rapper T.I. has been charged by the Securities and Exchange Commission with promoting a fraudulent cryptocurrency offering. The regulator said in its complaint that T.I. — whose […]
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[DeCrypt] Texas Securities Commissioner issued the cease and desist order for a crypto fraud scheme that promises large returns. The Texas Securities Commissioner on Thursday demanded the immediate shutdown of a cryptocurrency investment program it alleges is operated by a would-be guru, one Eric Darwin Balusek, a.k.a. “Bitcoin Pope”. Texas […]
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[Forbes, Getty Images] Bitcoin has declined sharply this week, losing over 5% in under 24 hours and causing traders to nervously eye the psychological $10,000 per bitcoin level. The bitcoin price lost $1,000 in a matter of hours, falling under $11,000 per bitcoin on Thursday morning with the U.S. stock market posting […]
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[Bloomberg, Getty Images] Largest cryptocurrency drops after hitting $12,000 threshold Alt coins Bitcoin Cash, Ether, Litecoin tumble as least 10% Bitcoin posted its largest one-day decline in about a month just a day after reaching $12,000. Other digital currencies registered deeper declines. The world’s largest cryptocurrency fell as much as […]
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[Forbes, Getty Images] Digital dollars and central bank digital currencies are fast becoming a reality, with China this month reportedly expanding a pilot program for its digital yuan. While the U.S. has barely even begun thinking about a digital dollar, its potential implications have generated extensive debate, with a former governor of the Reserve Bank […]
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KEY POINTS Cryptocurrency bitcoin and Facebook-backed Libra could play a role in a world where central banks globally begin to issue their own digital currencies, Raghuram Rajan, former Reserve Bank of India governor, told CNBC. Rajan called bitcoin a “speculative asset” while Libra has been designed for transacting. Both could […]
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[FOX NEWS] At least 125 companies that Chinese entities own or invest in received PPP loans Sen. Kevin Cramer, R-N.D., calls for national energy policy that is consistent with national security and discusses legislation to streamline PPP loan forgiveness for small businesses. Millions of dollars in taxpayer money flowed to […]
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[Cointelegraph] Recent data shows that Sunday evening is the best time to buy Bitcoin (BTC) according to Capriole digital asset manager Charles Edwards. As shown below, historically, BTC saw higher returns on Sunday evenings into early Monday morning. Edwards said: “Bored on Sunday at midnight? It just so happens to […]
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[Business Insider, Reuters] Retail investors are split down the middle by generation over their favorite alternative assets, according to a note from JPMorgan this week. Older investors are more inclined towards gold, while millennials are flocking to bitcoin, analysts from the bank said. “The two cohorts show divergence in their preference for ‘alternative’ […]
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[Forbes, Getty Images] Bitcoin, after a prolonged period of stability, has suddenly leaped higher—jumping over the closely-watched $10,000 per bitcoin level for the first time since June and surging toward $12,000. The bitcoin price has added some 20% over the last seven days, hitting highs of $11,420 on the Luxembourg-based Bitstamp […]
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