Trump win sets path to $100K Bitcoin price — Copper head of research
Pro-crypto regulation under the incoming Trump administration could push Bitcoin toward $100,000 by early 2025 as institutions accelerate adoption.
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Revolut to suspend cryptocurrency services in US
Revolut’s suspension of cryptocurrency services in the United States will affect 1% of their total global user base, the firm said. 475 Total views 2 Total shares Cryptocurrency-friendly trading neobank Revolut is wrapping up its crypto services in the United States amid the ongoing regulatory uncertainty.Soon after announcing a partial delisting of certain digital assets…

Ripple has sold $15M of its stock in MoneyGram
Ripple's partnership with MoneyGram may not be as warm as it once was, but it's paying off. 1146 Total views 8 Total shares Ripple Labs has sold a huge chunk of its 2019 investment in MoneyGram. Per a Friday night filing with the Securities and Exchange Commission on Friday night, from Nov. 27 through Dec. 4,…

GameStop stocks hit restrictions on NYSE after short volume rockets 234%
The New York Stock Exchange (NYSE) has imposed a Short Sale Restriction (SSR) on GameStop after volume spiked to levels reminiscent of GameStop’s famous 2021 short squeeze. GameStop (GME) short sales volume — the total number of shares sold short within a specific timeframe — rose 234% over 24 hours, reaching 30.85 million shares sold

Musk’s alleged price manipulation, the Satoshi AI chatbot and more: Hodler’s Digest, May 28 – June 3
Top Stories This Week Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit A group of Dogecoin investors has requested leave to amend a class-action lawsuit against tech entrepreneur Elon Musk, alleging he is responsible for insider trading of DOGE and asserting the token is a security under U.S. Securities and Exchange…

Bitcoin accumulation accelerates among ‘whales’ and ‘fish’ with BTC rallying to $40K
Both small and rich Bitcoin (BTC) traders accumulated the benchmark cryptocurrency en masse during the period its prices rose from below $30,000 to over $40,000, signaling their confidence in the asset's long-term bullish setup.The basis of the upside outlook came from Ecoinometrics, a crypto-focused newsletter service. It highlighted in its latest edition a flurry of…

Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco
The Casablanca Court of Appeal upheld the conviction of 21-year-old French citizen Thomas Clausi for illegal use of cryptocurrency. A crypto user who purchased a luxury car with Bitcoin (BTC) has faced a sentence of 18 months in prison and a $3.7 million fine in Morocco, which still considers the use of crypto as an…

Egypt Lays Out Path for a Crypto Future With Draft Law
In the end of May 2019, the Central Bank of Egypt (CBE) announced that it is working on a draft law for crypto-related activities. When introduced, it will oblige financial institutions in the country to obtain licenses in advance for creating, advertising or operating platforms that issue or facilitate trading of cryptocurrencies. Licenses will be issued…

Twitter’s $42K API access plan could harm crypto research
Twitter emailed researchers to let them know they’ll either have to delete their data or pay $42,000 to keep using the platform's API. 158 Total views 1 Total shares Researchers using Twitter’s formerly free Decahose data service will soon be required to pay a fee of $42,000 per month to continue using the service and…