Tag: BTCUSD
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Husband-wife ‘crypto-couple’ reach plea deal in $4.5 billion bitcoin heist
[ad_1] The husband and wife “crypto couple” charged in connection with a $4.5 billion bitcoin heist in 2016 have reached a plea agreement with prosecutors, according to a court filing on Friday. The couple, Ilya Lichtenstein and Heather Morgan, are slated to appear for a plea hearing in federal district court in Washington, D.C., on…
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These are now the hot cryptocurrencies for crime
[ad_1] As Wall Street ramps up its campaign to sell bitcoin funds to the public, a new report reveals just how far the original cryptocurrency has already been displaced by thousands of newer rivals in the field where it was arguably most influential —financing crime. Bitcoin’s share of “illicit cryptocurrency activity” has collapsed by an astonishing 80%…
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Crypto bulls are thrilled by court ruling that XRP isn’t always a security
[ad_1] Hi! Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. Crypto bulls are excited that a federal judge on Thursday ruled XRP, a token associated with Ripple Labs, isn’t a security when sold to the public in a programmatic on digital-asset exchanges. XRP rallied almost 70% Thursday to around $0.78, representing…
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Bitcoin finally decoupled from U.S. stocks. Here’s why it matters
[ad_1] For more than two years, bitcoin and stocks often traded in tandem with each other but maybe no longer. The correlation between bitcoin BTCUSD, -0.79% and the S&P 500 index SPX, +0.31% has fallen to close to zero, according to a Tuesday note by Dan Morehead, founder and managing partner at Pantera Capital. …
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Bitcoin to top $100,000 by end of 2024, says Standard Chartered strategist
[ad_1] Bitcoin’s price is likely to reach $50,000 by the end of this year and has upside above $100,000 by the end of 2024, according to Geoff Kendrick, head of crypto research at Standard Chartered Bank. In a previous note in April, Kendrick said he expected bitcoin BTCUSD, -0.12% to rise to $100,000 by the…
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Why Bored Ape cartoon monkey NFTs crashed to a 2-year low this week
[ad_1] Hi everyone, welcome back to the Distributed Ledger newsletter. This is Anushree Dave, I write about digital assets at MarketWatch. Earlier this week, news spread that a non-fungible token art piece purchased by singer Justin Bieber in January 2022 for $1.24 million, is now worth around $60,000. That piece of art was a Bored…
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BlackRock CEO Larry Fink compares bitcoin to digital gold as ETF applications at SEC stack up
[ad_1] BlackRock Chairman and CEO Larry Fink has never been outright dismissive of bitcoin, but he sure sounds more enthusiastic now that his firm, and others, are seeking regulatory approval for a spot bitcoin exchange-traded fund. “I was skeptical because the early users were — it was heavily used for, let’s say, illicit activities,” said…
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Crypto can become regular parts in portfolios once regulations are clear, says Franklin Templeton
[ad_1] Cryptocurrencies can become “regulator parts of people’s portfolios” once regulations become clear in the U.S., according to Franklin Templeton, which manages over $1.4 trillion in assets. While investors now can buy crypto directly, there are limited ways for them to include digital assets in traditional portfolios, said Sandy Kaul, head of digital asset and…