The post AnubisDAO Rug Pull Backs After Nearly 3 Years With Suspicious Transactions appeared on BitcoinEthereumNews.com. Key Points: Recent Etherscan data shows 12 transactions linked to the 2021 AnubisDAO rug pull, with 7 transfers totalling 2.1 ETH. AnubisDAO defrauded investors of $60 million in October 2021 through a quick exit scheme. Nearly three years since […]

The post Husky Inu ($HINU) Presale Hits $300,000 in Sales appeared on BitcoinEthereumNews.com. Husky Inu is the newest memecoin from the Solana blockchain and, since its inception, has been met with great enthusiasm. The project’s recently launched $HINU presale has generated over $300,000 since going live.  Thanks to their spectacular performance, memecoins are the topic […]

The post USDT Leads Surge: Stablecoin Market Cap Grows $3 Billion Amid Crypto Downturn appeared on BitcoinEthereumNews.com. The stablecoin market demonstrated resilience amid a broader crypto market downturn. Significant gains were noted in the supply of Tether’s USDT and Circle’s USDC during this period. Stablecoins have highlighted a curious trend, with data pointing to rapid […]

The post A New Era in Digital Finance appeared on BitcoinEthereumNews.com. [PRESS RELEASE – Delaware, United States, August 10th, 2024] TokenGlade, an innovative platform transforming digital token management on the Stellar blockchain, is thrilled to announce the official launch of its presale. Starting today, investors have an exclusive opportunity to purchase $TKG tokens at a […]

The post IRS lightens crypto reporting requirements for tax filings appeared on BitcoinEthereumNews.com. The Internal Revenue Service has simplified the reporting requirements in the latest iteration of Form 1099-DA, which crypto brokers and taxpayers will use to report digital asset transactions. According to the Aug. 9 update, the new draft has removed several requirements that […]

The post Will FED’s easing hint spark Bitcoin’s parabolic bull run hype? appeared on BitcoinEthereumNews.com. Boston FED President Susan Collins hinted at interest rate cuts Analysts are still hopeful that cryptos will continue to surge Federal Reserve Bank of Boston’s President Susan Collins recently indicated that it might soon be appropriate to start easing interest […]

The post Ripple USD (RLUSD) Stablecoin Begins Beta Testing Amid Stiff Competition from USDT and USDC appeared on BitcoinEthereumNews.com. Ripple is accelerating plans to launch its RLUSD stablecoin amidst growing competition in the market. This initiative positions Ripple alongside prominent stablecoins like USDT and USDC. Despite the significant move, the XRP market has shown a […]

The post Morgan Stanley Faces Heightened Regulatory Risks Following Bitcoin ETF Offer appeared on BitcoinEthereumNews.com. Former SEC Chief of Internet Enforcement John Reed Stark has stated that Morgan Stanley’s latest move to introduce a wide-scale offer of Bitcoin exchange-traded funds (ETFs) to its clientele will likely result in higher regulatory scrutiny for the American bank. […]

The post CFTC Prediction Market Proposal Now Receiving Fierce Opposition From the Crypto Industry appeared on BitcoinEthereumNews.com. Key Points: The CFTC prediction market proposal is receiving strong opposition from major crypto and fintech firms. Critics argue the rule’s broad definition of “gaming” improperly restricts event contracts and conflates speculation with gambling. A proposed rule change […]

The post Top Bitcoin Trader Shows when BTC is Likely to Reach $100,000 Based on Halving Cycles, What This Means for Altcoins Like RCOF appeared on BitcoinEthereumNews.com. A legendary Bitcoin trader has made a bold prediction regarding Bitcoin’s price future following its halving in April. According to this forecast, RCO Finance (RCOF) will experience a […]