The post Wisconsin launches public tracker to fight crypto scams appeared on BitcoinEthereumNews.com. Wisconsin is stepping up to protect its residents from crypto scams. The Wisconsin Department of Financial Institutions (DFI) has just rolled out an investment scam tracker to help people spot and avoid these financial traps. From January 2022 to June 2024, $3,540,878 […]
Tether reports net profit of $5.2B in H1 2024
The post Tether reports net profit of $5.2B in H1 2024 appeared on BitcoinEthereumNews.com. Tether has just released its attestation report for Q2 2024, declaring a $5.2 billion profit for the first half of 2024. In Q2 of 2024, Tether generated a net operating profit of $1.3 billion, compared to Q1’s earnings of $4.52 billion, […]
US SEC Chair issues major ai and crypto fraud warning
The post US SEC Chair issues major ai and crypto fraud warning appeared on BitcoinEthereumNews.com. The US Securities and Exchange Commission (SEC) Chair Gary Gensler has warned the public against AI and Crypto fraud. The meteoric rise in the use of Artificial Intelligence (AI) tools and the growing frequency at which they are constantly launched […]
Gold price holds its ground after Fed decision
The post Gold price holds its ground after Fed decision appeared on BitcoinEthereumNews.com. Fed Held rates steady at 5.25%-5.5% as expected. Markets await Powell’s presser for further insights. The 2,5 and 10-year yields remain down, favoring the non-yielding yellow metal. On Wednesday, the XAU/USD rose to $2,440 and held its ground after the widely anticipated […]
US Bitcoin ETFs Record $18.3 Million in Net Outflows
The post US Bitcoin ETFs Record $18.3 Million in Net Outflows appeared on BitcoinEthereumNews.com. On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting with inflows observed in their ethereum counterparts. The most significant gain was recorded by Blackrock’s IBIT, while Grayscale’s GBTC suffered the largest losses. $18.3M Net […]
Bitcoin Reserve Bill Published By Senator Cynthia Lummis
United States Senator Cynthia Lummis has published the official strategic Bitcoin Reserve legislation. Noteworthy, the framework is aimed at encouraging transparency as it concerns the management of the Federal government’s Bitcoin holdings. This move comes amidst the recent shifting of more than $2 billion in BTC in the government’s custody. Potential Impact of a Strategic […]
Early SHIB Investor Expects FLOKI and this Exchange Token to Explode 2500% in August
The post Early SHIB Investor Expects FLOKI and this Exchange Token to Explode 2500% in August appeared on BitcoinEthereumNews.com. DISCLAIMER: This article is a SPONSORED Press Release and does not constitute Finbold’s editorial content. Crypto assets/products involve significant risks. Do not invest unless you are prepared to lose your entire investment. For a full disclaimer, […]
Compound considers fee redistribution after $24M COMP truce
The post Compound considers fee redistribution after $24M COMP truce appeared on BitcoinEthereumNews.com. Compound Protocol is considering a major shift in its revenue distribution following a recent governance fiasco. The protocol plans to introduce a fee switch that will allocate 30% of protocol reserves to staked COMP token holders through a new product called stCOMP. […]
Donald Trump’s Appearance At 2024 Bitcoin Conference Yields $25 Million In Funds
The post Donald Trump’s Appearance At 2024 Bitcoin Conference Yields $25 Million In Funds appeared on BitcoinEthereumNews.com. This past weekend, the much-anticipated 2024 Bitcoin Conference took place in Nashville, Tennessee, and it turned out to be a huge success for former President Donald Trump’s aspirations for possible re-election in the upcoming November elections. According to […]
Ex-PayPal Exec David Marcus Pledges Support To Donald Trump
The pivot of Donald Trump to cryptocurrency has immensely paid off during this period of his campaign for re-election as the United States President. Precisely, the 78-year-old politician has gained support from some of the key players in the digital asset sector as well as the traditional finance landscape. US Needs Pro-crypto Donald Trump One […]