Bitcoin Monkey

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Gensler says U.S. government shutdown would reduce SEC to skeleton crew

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), told Bloomberg on Sept. 20 that a government shutdown could hinder his agency. Other reports indicate that the U.S. government could shut down on Oct. 1 as members may not pass the bills needed to fund operations before the next fiscal year. Gensler commented […]

US Government Forces SIM Swapper To Forfeit Millions in Bitcoin (BTC) and a Sports Car: Report

A US federal court has reportedly ordered a SIM hijacker who allegedly stole crypto worth millions of dollars while in his teens seven years ago to surrender the proceeds of his crimes. According to a report from The San Francisco Standard, Ahmad Wagaafe Hared stole digital assets, including Bitcoin (BTC), from cryptocurrency executives and investors […]

French influencers now must pass test to promote crypto and other financial products

French social media influencers, including those influencing the crypto industry, must obtain certifications in the Responsible Influence in Financial Advertising program before advertising a financial product, according to a Sept. 7 press statement. The Responsible Influence Certificate in Finance was created by the Autorité des Marchés Financiers (AMF) and the Autorité de Régulation Professionnelle de […]

Wall Street Sees Blockchain Technology as a Game-Changer

Wall Street is placing a lot of hope on blockchain technology to streamline asset trading. Analysts predict that $5 trillion worth of assets could be tokenized on blockchains by 2030. However, stringent market regulations and the SEC’s reputation for being leery of cryptocurrencies could put a brake on the financial sector’s ambitions. According to a […]

Bitcoin Reserves On Exchanges Approaching A 6-Year Low, Good For Price?

Bitcoin (BTC) held by leading crypto exchanges like Coinbase, Binance, and Kraken are near a six-year low, CryptoQuant data on September 20 reveals. The contraction was recorded when the broader market steadied after posting sharp losses in the better part of August and the first half of September. As of September 20, BTC prices are still below $30,000, but with important sideways movement over the past few weeks.  Bitcoin Reserves On Exchanges Falling  According to trackers, exchanges […]

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