The Bank of Japan’s June meeting could trigger a Bitcoin rally if it restarts quantitative easing, as bond yield concerns push institutions toward BTC as a hedge. The Bank of Japan’s (BOJ) upcoming monetary policy meeting in June may provide the next significant catalyst for global risk assets like stocks and cryptocurrencies. The BoJ is […]
Five members of an international crypto scam ring are accused of stealing nearly $37 million from American victims and sending the funds to Cambodia. Five men have pleaded guilty to their roles in a $36.9 million international crypto scam scheme that targeted Americans, with funds ultimately being sent to a crypto scam center in Cambodia. […]
The funds are on top of the $25 million that Ripple committed last month to education nonprofit organizations in the US. Ripple Labs is set to commit an additional $5 million to help fund academic research and foster blockchain talent in the Asia-Pacific region. In a blog post on Tuesday, Ripple Labs said it will […]
Bitcoin price recovers above $109,000 as multiple BTC market metrics show an improvement in investor sentiment. Bitcoin gained 3.6% to above $109,000 on June 10, fueled by US-China trade talks and high open interest in the futures market. A BTC price bull-flag is in play on the chart, targeting $158,000. Bitcoin BTC $109,267 is up […]
The case for holding Bitcoin on a firm’s balance sheet is compelling, CoinShares’ Butterfill told , and “the pace of adoption is accelerating.” Strategy became the first publicly traded company to adopt Bitcoin as its primary treasury reserve asset in August 2020, but not many major tech firms have followed since. Treasury reserves, sometimes called […]