US Court Sentences Man to 3 Years in Jail for Crypto Fraud Scheme

In a recent development, a U.S. court has handed down a three-year jail sentence to a man accused of conspiring to defraud cryptocurrency holders. The individual, Anthony Francis Faulk, was…

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US Lawmaker Slams SEC’s ‘Reckless’ Rulemaking — Warns of ‘Lasting Economic Harm’

In a scathing critique, U.S. Congressman Frank Lucas has lambasted the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, accusing them of pursuing a reckless and rushed rulemaking…

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LTC Rebounds on Monday, Defying Bearish Sentiment

LTC and ETC, two prominent cryptocurrencies, defied the prevailing bearish sentiment on Monday as they rebounded from recent lows. Despite the overall downward trend in the crypto market, Litecoin (LTC)…

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Binance to Suspend EUR SEPA Transactions

Binance, the leading cryptocurrency exchange, has announced that it is temporarily suspending EUR withdrawals and deposits via SEPA (Single Euro Payments Area) due to challenges with a third-party payment facilitator.…

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Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing

Gemini, the cryptocurrency exchange, is challenging a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In a motion to dismiss…

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Federal Reserve CBDC Would Threaten Privacy and Freedom, Report Warns

The America First Policy Institute (AFPI) has released a report warning about the potential threats to privacy and freedom associated with the introduction of a Central Bank Digital Currency (CBDC)…

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Bitcoin and the Stock Market in 1930: A Comparison

In a recent analysis, Bloomberg Intelligence's senior commodity strategist, Mike McGlone, draws parallels between bitcoin and the stock market crash of 1930. McGlone points out that just like elevated equity…

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Bitcoin’s Transaction Backlog Surges Past 400,000

The Bitcoin network is experiencing a surge in unconfirmed transactions, with the backlog surpassing 400,000. Just two weeks ago, the number of unconfirmed transactions dipped below 300,000 before rebounding to…

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Renowned Investor Jeremy Grantham Predicts US Recession, Challenges Fed’s Forecast

Renowned investor Jeremy Grantham is predicting an inevitable US recession and challenging the Federal Reserve's forecast. With a track record of accurately predicting economic downturns like the dotcom crash of…

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Consensus: Majority of Economists Predict No Rate Hikes for 2023

The majority of economists predict that there will be no rate hikes by the U.S. Federal Reserve for 2023, according to a newly published Reuters poll. However, rate cuts are…

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