In recent years, scammers have been exploiting the rise of Bitcoin ATMs to dupe unsuspecting victims out of their hard-earned cash. According to the Federal Trade Commission (FTC), the amount of money lost to these scams has skyrocketed, with over $110 million reported in 2023 alone. What's more, ol
In the midst of a broader market selloff, investors are pulling their money out of Bitcoin ETFs at an alarming rate. More than $287 million was withdrawn from the 11 U.S.-listed ETFs on Tuesday, the largest outflow in four months, according to Farside Investors data. This sudden exodus raises questi
The crypto industry's influence on campaign finance is a shocking phenomenon. Despite being an industry that has largely failed to find legitimate applications for its products, it has managed to spend lavishly on political campaigns and influence policy-making. At first glance, this might seem surp
Cryptocurrency exchange Coinbase has just experienced its worst week of the year, with the value of its shares plummeting by 20%. This decline is part of a broader trend in the crypto market, which has seen a significant downturn in recent weeks. What's behind this sudden drop in value? Is it a sign
As the 2024 presidential election approaches, the cryptocurrency market is abuzz with speculation about the potential impact of a Trump victory on the price of Bitcoin. Analysts at Bernstein have predicted that if Donald Trump wins, Bitcoin could reach a staggering $80,000 to $90,000 by December. Bu
The CEO of Coinbase Global, Brian Armstrong, recently emphasized the need for clear regulation in the crypto universe. He believes that such legislation would provide a level playing field, subsequently attracting a massive influx of capital into the crypto space. Armstrong's assertion is that the U
The FBI's 2023 Cryptocurrency Fraud Report reveals a staggering $5.6 billion in reported losses to cryptocurrency scams, with older Americans bearing the brunt of the damage. The majority of these scams, a whopping 53% increase from 2022, are pig butchering scams, where fraudsters build fake relatio
In the world of cryptocurrency, the stakes are always high, and the market is always watching for any signs of turbulence. But when Vice President Kamala Harris delivered a strong performance in the recent presidential debate, it sent shockwaves through the crypto community. The market reacted swift
The debate surrounding Bitcoin's future is often shrouded in partisan sentiment, with many crypto investors and experts weighing in on the potential impact of the upcoming US presidential election on the cryptocurrency's price. However, despite the heated rhetoric, it's crucial to separate fact from
The world of finance is abuzz with the news that Morgan Stanley, one of the largest wealth management firms, is now allowing its 15,000 financial advisors to offer bitcoin ETFs to select clients. This move marks a significant shift in the adoption of bitcoin by mainstream finance, and raises importa
