Author name: Peter

The Surge and Decline of AI-Driven Crypto Market In the early months of 2023, the AI-driven crypto market soared, reaching a peak of over $4 billion. However, by the end of July, this sector experienced a notable decline, dropping to $2.6 billion. Despite this downturn, the last three months have witnessed a recovery in the […]

Introduction The U.S. Department of Justice (DOJ) has recently revealed charges against Binance Holdings Limited, the world's largest cryptocurrency exchange, for noncompliance with anti-money laundering (AML) laws. The DOJ reached a significant settlement of $4.316 billion with Binance, despite the company's claims in 2019 to bar U.S. users. This article delves into the details of

Tom Farley's Optimistic Outlook In a recent interview with CNBC, Tom Farley, the former President of the New York Stock Exchange (NYSE) and current CEO of Bullish, shared his positive outlook on the future of cryptocurrency, specifically Bitcoin. He believes that the potential approval of a Bitcoin spot exchange-traded fund (ETF) by the Securities and

Introduction KPMG in Canada has formed a strategic partnership with Chainalysis, a blockchain surveillance firm, in an effort to strengthen their fight against crypto asset fraud. This collaboration, which marks KPMG's entry into the Chainalysis Solution Provider program, aims to provide advanced monitoring and risk management tools to cryptocurrency exchanges, financial institutions, and government agencies.

Milei: A Dictator in Libertarian Clothing Former Greek finance minister and anti-capitalist, Yanis Varoufakis, has cautioned that Argentina's incoming president Javier Milei is not the anarcho-capitalist figure that many libertarians perceive him to be. Varoufakis, who is now an economics professor, likened the far-right victor of the November 19th election to (Jorge Rafael) Videla, but

An Exciting Milestone for Digital Assets For advocates of digital assets, the recent green light for a spot bitcoin ETF (exchange-traded fund) represents a significant turning point. According to Pantera Capital's CEO, Dan Moorehead, this development goes beyond just another chapter in the crypto narrative. Instead, it is a transformative leap that will enhance the

Introduction Bitcoin has experienced a 23% increase in value against the U.S. dollar over the past month. However, altcoins, which are cryptocurrencies other than Bitcoin, have seen even more significant gains, surpassing Bitcoin's monthly rise. This surge in smaller market cap coins has led to discussions on social media platforms, proclaiming the arrival of the

Introduction Renowned author and financial expert Robert Kiyosaki, best known for his book "Rich Dad Poor Dad," is urging investors to prepare for hyperinflation and highlighting bitcoin as the ultimate safeguard. In his view, bitcoin is "people's money" that cannot be controlled by governments. Robert Kiyosaki's Perspective In his famous book "Rich Dad Poor Dad,"

Binance CEO Reveals Abduction and Theft of Client Executives' Crypto Holdings In a shocking turn of events, Changpeng Zhao (CZ), the CEO of Binance, one of the leading cryptocurrency exchanges, recently shared a disturbing incident involving the abduction and extortion of executives from a Binance client. These individuals were forcefully coerced into emptying their crypto

Ethereum (ETH) broke the $2,000 barrier on Monday, showcasing an impressive bullish pattern. As of November 20, 2023, its value reached a peak of $2,041. With a market capitalization of $242 billion, ETH remains the second most prominent cryptocurrency, attracting substantial trading activity of $15.33 billion over the past day. Ethereum Market Dynamics The recent