Download IPFS The creators of Samourai Wallet, a privacy-focused cryptocurrency service, have pleaded guilty to operating an unlicensed money transmitter and facilitating money laundering. Keonne Rodriguez and William Lonergan Hill, the platform’s founders, acknowledged their roles in a scheme that processed over $2 billion in transactions, including illicit funds. The[Read More…]

Download IPFS Ethereum’s valuation challenge has found an unexpected solution through treasury companies repackaging Ether (ETH) as yield-generating assets, according to Matt Hougan, Chief Investment Officer at Bitwise. By structuring ETH holdings within traditional corporate frameworks, these firms have made the cryptocurrency more accessible to mainstream investors. This shift marks[Read More…]

Download IPFS Bitcoin (BTC) continues consolidating near the $120,000 resistance level as traders anticipate a potential volatility surge following key Federal Reserve decisions. While historical data suggests August typically brings muted returns for BTC, institutional accumulation signals long-term confidence. Meanwhile, Ethereum (ETH) and Binance Coin (BNB) show relative strength as[Read More…]

Download IPFS Robinhood Markets reported stronger-than-expected second-quarter earnings, fueled by rising cryptocurrency trading volumes and the successful integration of Bitstamp. The trading platform’s revenue climbed as retail investors returned to digital asset markets amid renewed volatility. The Menlo Park-based firm posted $618 million in revenue, surpassing analyst estimates, with crypto[Read More…]

Download IPFS The cryptocurrency market faced sharp volatility this week, with more than $200 million in leveraged positions liquidated following hawkish comments from U.S. Federal Reserve Chair Jerome Powell. The remarks, delivered during a press conference on Tuesday, cast doubt on the likelihood of imminent interest rate cuts, rattling investor[Read More…]