Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy
Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds.
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Ethereum plunges 13%, down more than Bitcoin after Fed spooks crypto markets
Ethereum’s native token, Ether (ETH), plunged sharply hours after the United States Federal Reserve released the minutes of its December meeting, showing that it eyes a faster timetable for hiking interest rates in 2022.The minutes showed that the Federal Open Market Committee (FOMC) is in favor of raising short-term rates “sooner or at a faster pace than…

Bitcoin is the only decentralized currency, Tether CEO says
The CEO of the company behind the world’s largest stablecoin, Tether (USDT), believes that Bitcoin is the only unstoppable cryptocurrency.

Ripple CEO Brad Garlinghouse Says JPMorgan Coin ‘Misses the Point’ of Crypto
Ripple (XRP) CEO Brad Garlinghouse says the newly-announced digital asset from United States banking giant JPMorgan Chase “misses the point” of cryptocurrency, according to a tweet published on Feb. 14.As reported, JPMorgan Chase revealed its blockchain-powered JPM Coin yesterday, saying the asset will initially be used to increase settlement efficiency in select operations. Directly following…

US election vs. Fed rate cut — 5 Things to know in Bitcoin this week
Bitcoin faces a macro week like few others as BTC price action struggles to flip old resistance to bull market support.

Bitcoin fails to flip $40K with traders eyeing $36K or lower for support
Bitcoin (BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 yet to stick as new supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD pulling back below the $40,000 mark as Wednesday progressed. The pair had begun with a fresh surge which…

The regulators are coming for crypto: What investors need to know
Just this week, Ether (ETH) breached the $4,000 mark while Bitcoin (BTC), the world’s most popular cryptocurrency, recently hit another all-time high at over $63,000. Meanwhile, Dogecoin (DOGE) continues its roller-coaster ride after "Dogefather" Elon Musk's appearance on Saturday Night Live and news about digital artwork fetching eye-watering prices in the form of nonfungible tokens…

Australia, Canada and Colombia were right to pause CBDC plans
Maybe CBDCs are less inevitable than some people think.

BREAKING: $2.2T asset manager PIMCO plans to buy more crypto
Institutional asset managers have been slower to embrace cryptocurrencies than retail traders, but their adoption is growing rapidly. 279 Total views 18 Total shares Fixed-income manager Pimco is planning to increase its exposure to digital currencies such as Bitcoin (BTC) after dabbling in the asset class through crypto-linked securities, offering the latest evidence that major…