Category: Crypto
UN Stablecoin Alert: $24B Laundering Network Fuels Global Crime Surge
UN Stablecoin report has warned that armed militias and transnational syndicates are exploiting low‑cost power, stablecoins and encrypted apps to finance operations. Investigators say a Cambodia platform has handled $24B since 2021, with laundering services now reaching Nigeria, Namibia and Angola.
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Is Bitcoin Breaking Free From Wall Street? Here’s What the Latest Price Action Signals
Bitcoin soared past $93K amid Fed tensions and Trump’s tariff push. Is BTC decoupling from Wall Street, or is a pullback looming? Key levels inside.
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Tesla Posts $951M in Bitcoin Holdings Despite 20% Drop in Q1 Auto Revenue
Tesla ended Q1 with $951M in Bitcoin, down from $1.076B last year due to price declines, while holding its full crypto position, on-chain data shows.
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Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner
The Australian court found that the discontinued ‘Earner’ product was a loan, not a managed investment scheme, dismissing ASIC’s allegations.
The post Australian Federal Court Dismisses ASIC Appeal, Favoring Crypto Lender Block Earner appeared first on Cryptonews. …
Is Bitcoin the New Gold? 20% Surge Breaks Its Nasdaq Ties
Bitcoin has regained safe‑haven appeal, rising 20 % alongside gold as tariff escalation and recession risk unsettle markets. Observers say the coin has moved from tech‑centric risk asset to macro hedge, lifted by expectations of U.S. rate cuts and a softer dollar.
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Over Half of South Koreans Have Crypto Trading Experience – Survey
A new survey has found that over half of South Korean adults have previously traded or currently trade crypto.
The post Over Half of South Koreans Have Crypto Trading Experience – Survey appeared first on Cryptonews. …
Bitcoin Rips 6% Higher Above $93K After Trump Ditches Powell Firing Plans
Bitcoin jumped 6% above $93,000 on Wednesday after Trump ruled out firing Fed Chair Powell and hinted at easing US-China tariffs.
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Cantor Fitzgerald to Launch $3B Bitcoin Investment Vehicle With Tether and SoftBank: Report
Cantor Fitzgerald is set to launch a multibillion-dollar Bitcoin fund with SoftBank, Tether and Bitfinex as institutional interest grows under Trump’s pro-crypto stance.
The post Cantor Fitzgerald to Launch $3B Bitcoin Investment Vehicle With Tether and SoftBank: Report appeared first on Cryptonews. …
Trump Policy Shakeup Halts KuCoin $300M CFTC Settlement Talks
KuCoin has seen its CFTC settlement pushed back after the commission, following Trump directives, shifted from regulation‑by‑enforcement to fraud‑focused cases. With Paul Atkins now heading the SEC, agency boundaries over digital assets remain unclear, leaving firms in a fluid compliance space.
The post Trump Policy Shakeup Halts KuCoin $300M CFTC Settlement Talks appeared first on Cryptonews. …
CNBC Poll: 50% Disapprove of Elon Musk as Tesla Profit Drops 71%
Results from the CNBC All‑America Economic Survey have shown deepening skepticism toward Elon Musk and Tesla: 50 % of Americans now view the billionaire unfavorably and 47 % hold a negative opinion of the automaker, a backdrop to Tesla’s first‑quarter profit plunge and continued stock‑market pressure
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