Bloomberg analyst predicts positive Bitcoin comeback in next six months

Bloomberg analyst predicts positive Bitcoin comeback in next six months

According to senior commodity strategist at Bloomberg, Mike McGlon, the price of bitcoin may be poised for a bullish rebound this year as the market exhibits characteristics of a market bottom from 2018. Mike McGlone, the senior commodity strategist at Bloomberg, predicts a rise in the price of Bitcoin (BTC) in the second half (2H) […]

WSJ editorial criticizes the SEC’s “bewildering” Denials of Bitcoin ETF

WSJ editorial criticizes the SEC's "bewildering" Denials of Bitcoin ETF

The WSJ editorial board called out Gensler’s two-pronged approach, which makes it difficult to approve a spot Bitcoin product. The Wall Street Journal Editorial Board has blasted Gary Gensler’s “legendary” opposition to the approval of a spot Bitcoin ETF (ETF). The incisive opinion piece, which was published on July 6th, called out the Gensler-led Securities […]

Korea and US concur to exchange Terra-LUNA inquiry data

Korea and US concur to exchange Terra-Luna inquiry data

The two countries have agreed to exchange information on their ongoing investigations into crypto-related cases, including Terra-LUNA. Han Dong-hoon, the justice minister for South Korea, recently visited New York to examine various ways that the two countries may cooperate on investigations into financial crimes, particularly those involving cryptocurrencies. On Tuesday, according to a local daily, […]

WazirX report: crypto tax discourages 83% of Indian crypto traders

WazirX report: crypto tax discourages 83% of Indian crypto traders

In the midst of a merciless bear market, it appears that the majority of Indian crypto traders have chosen to hibernate with two consecutive taxes poised to nibble away at their holdings. India is a case study for the effects that anti-crypto policies might have on a booming economy. A research from WazirX demonstrates a […]

Cryptocurrency-stealing malware PennyWise spreads via YouTube

Cryptocurrency-stealing malware PennyWise spreads via YouTube

The malware scans your chat logs, steals your browser extension and login information, and targets Zcash and Ethereum wallets in addition to Electrum, Atomic Wallet, and Coinomi. A new type of cryptocurrency malware is spreading through YouTube, luring users into downloading programs that are intended to steal data from 30 different cryptocurrency wallets and browser […]