The Bitcoin logo is displayed on the screen of a Bitcoin ATM in Los Angeles. The Justice Department said a New York couple has been charged with conspiring to launder billions of dollars’ worth of stolen bitcoin. Mario Tama/Getty Images … Source link

Text size Dreamstime.com The Justice Department said Tuesday it seized more than $3.6 billion worth of

The Justice Department said Tuesday it has seized more than $3.6 billion in cryptocurrency and arrested two people in connection with the 2016 hack of a virtual currency exchange. It’s the Justice Department’s largest ever financial seizure, officials said. “Today, federal law enforcement demonstrates once again that we can follow money through the blockchain, and that we will not allow cryptocurrency to be a safe haven for money laundering or a zone of lawlessness within our financial… Source link

Bitcoin (BTC) gave back $2,500 of its newly-won gains during Feb. 8 as a long-awaited correction took center stage.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hopes $42,000 will be preserved Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it neared $43,000 after previously hitting new multi-week highs of $45,500. At the Wall Street open, ranging continued as bulls eyed levels for potential support in the event of further losses. Previously, these had Source link

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Litecoin price has witnessed a massive rally over the past week as the crypto markets flip bullish. This sudden optimism is due to the recent uptick in buying pressure seen among BTC holders. LTC, on the other hand, faces a decisive moment that could help it multiply its recent gains. AVAX price has taken multiple breathers over the past week, which has resulted in an exponential move. However, the uptrend is at risk of a U-turn as Avalanche faces two hurdles. 

You can have your cake and eat it in the cryptocurrency world. What I mean by that is that you can buy cryptocurrency and hold onto it — but you don’t have to wait until you sell to lock in rewards. Instead, there’s a way to generate passive income. It’s called staking. And as of just recently, you can stake your holdings of crypto giant Ethereum (CRYPTO:ETH). So, should you give it a try? Let’s take a closer look at exactly what happens — and if… Source link

KPMG Canada has joined a growing list of major corporations to create exposure to exposure to crypto through Bitcoin and Ethereum. KPMG Canada has announced the addition of Bitcoin (BTC) and Ethereum (ETH) to its corporate treasury. According to Benjie Thomas, a managing partner for the firm, KPMG’s decision to incorporate BTC and ETH to its balance sheet means that the multinational sees digital currencies as a “maturing asset class.” Furthermore, by converting a portion of its fiat… Source link

The virtual currency briefly breached the $45,000 milestone for the first time in roughly a month overnight, according to CoinMarketCap. It later dipped back below that mark, and was last trading around $44,800 per coin. It’s not clear what caused the latest surge, but the cryptocurrency’s price has been improving in recent days. It finally cleared $40,000 again last Friday after weeks of losses. Still, the coin is down more than 34% from its all-time high — on November 10 — of… Source link

Bitcoin (BTC) hit new multi-week highs above $45,000 on Feb. 8 as the largest cryptocurrency’s comeback continued. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 becomes popular retest target Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $45,500 on Bitstamp in its latest surge before consolidating. Volatility was once again in evidence as the pair fluctuated by $1,000 on intra-hour timeframes, circling $44,800 at the time of writing. Fears of… Source link