Bitcoin

alexsl Bitcoin (BTC-USD) gave up earlier gains on Wednesday as the U.S. Justice Department charged Anatoly Legkodymov, founder of cryptocurrency exchange Bitzlato, with money laundering and ransomware. Legkodymov was arrested last night and, if convicted, could face a maximum of five years in prison. Bitcoin (BTC-USD) started the day in the green, rising to a four-month high of $21.54K. It later gave up gains ahead of the DoJ announcement amid growing worries over ramped up regulatory… Source link

Bitcoin (BTC) price and the wider crypto market corrected as news of coordinated “international cryptocurrency enforcement action” stirred up uncertainty among traders.  Given the number of black swan events and the proliferation of crypto-oriented scams in 2022, most investors expect United States and global regulators to eventually lay down a strong hammer on centalized exchanges and other businesses connected with the crypto sector. Crypto market daily price action. Source: Coin360 At… Source link

Associated Press Justice Dept. charges Russian founder of cryptocurrency firm A Russian national who founded a cryptocurrency exchange that evaded U.S. regulations and became a haven for proceeds of criminal activity has been arrested, federal officials said Wednesday. Anatoly Legkodymov, who lives in China, was arrested Tuesday night in Miami and was due in court on a charge of conducting an unlicensed money transmitting business. Prosecutors allege that Legkodymov’s China-based… Source link

(Copyright 2022 The Associated Press. All Rights Reserved.) Sign up to our Evening Headlines email for your daily guide to the latest news Sign up to our free US Evening Headlines email The US Justice Department issued a vague statement on Wednesday that it would “announce a major, international cryptocurrency enforcement action,” and noting that the US Treasury Department would also be making its own statement. “The U.S. Department of the Treasury will also announce an action in this… Source link

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Bitcoin (BTC) set yet another multi-month high before the Jan. 18 Wall Street open as United States macroeconomic data fell far wide of expectations. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView U.S. PPI numbers fall wide of the mark Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $21,646 on Bitstamp. A subsequent correction saw the pair moving around $21,400 at the time of writing, with U.S. stocks reacting to surprise data surrounding economic… Source link

DENVER, Jan. 18, 2023 /PRNewswire/ — Vortex Brands Co. (OTC: VTXB) announces that the company is currently is currently working with its hosting partners about availability and start dates for additional bitcoin mining equipment to expand its current bitcoin mining operation. The price of mining equipment has dropped in recent months as a result of the drop in the price of bitcoin. When Bitcoin first was launched, mining was a race to constantly upgrade to the newest hardware. However, the… Source link

Bitcoin and other cryptocurrencies were holding on to big gains on Wednesday amid the best winning streak for digital assets in years. But there remains a big hurdle for prices if crypto is to really crawl out of this ferocious bear market. The price of Bitcoin rose less than 1% over the past 24 hours to $21,200. The largest digital asset has soared over the past week, marching out of its previous range of $16,500 to $17,000 to… Source link

Emily Parker is CoinDesk’s executive director of global content. Previously, Emily was a member of the Policy Planning staff at the U.S. State Department, where she advised on Internet freedom and digital diplomacy. Emily was a writer/editor at The Wall Street Journal and an editor at The New York Times. She is the co-founder of LongHash, a blockchain startup that focuses on Asian markets. She is the author of “Now I Know Who My Comrades Are: Voices From the Internet Underground” (Farrar,… Source link

2022 was “the perfect storm” for Bitcoin (BTC) miners, according to Jaime Leverton, CEO of Hut8 mining, one of the largest crypto miners and digital asset experts in the space.  Leverton sat down with Gareth Jenkinson, senior reporter at Cointelegraph, in an interview at the World Economic Forum in Davos, Switzerland. Topics included were the 2022 bear market, Web3 diversification and, crucially, Bitcoin’s growing positive impact on the environment and broader economy. Leverton shared… Source link