On Friday, the 12 spot bitcoin exchange-traded funds (ETFs) hit another high note, pulling in $ 428.98 million during the day’s trading session. Meanwhile, nine spot ether ETFs added $ 23.61 million to their tally. Bitcoin ETFs Dominate as $ 429M Floods In—Ether Funds Join the Party with $ 24M Both …
A Massachusetts man, Alan Joseph, 36, has been convicted of operating an unlicensed money transmission business and laundering funds after converting cash linked to counterfeit goods into bitcoin, Homeland Security Investigations (HSI) announced on Thursday. Convicted on Nov. 22, following a five-day jury trial, Joseph was found guilty of facilitating illegal cash-for-crypto transactions, including a […]
Bitcoin’s historic rally last week didn’t happen in isolation—it came amid a surge of retail investors, Ethereum ETF inflows, and more. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. Bitcoin, Ethereum, and the Return of Retail Bitcoin […]
Microstrategy’s bitcoin-focused strategy has ignited a staggering 500% stock surge, with projections of bitcoin hitting $ 13 million, solidifying its dominance in high-stakes investing. 500% Stock Gains, $ 13M Bitcoin Projection: Microstrategy’s Wild Ride Microstrategy (Nasdaq: MSTR) Executive Chairman Michael Saylor shared a chart illustrating the performance of Microstrategy’s stock against other major …
An early bitcoin investor was sentenced to two years in prison for evading taxes on $ 3.7 million in cryptocurrency gains, using mixers and secret wallets. Bitcoin Investor Sentenced: The High Cost of Hiding Cryptocurrency Profits Frank Richard Ahlgren III, a resident of Austin, Texas, was sentenced to two years in prison for “filing …