Bitcoin’s price just keeps falling. And nobody seems to know where the bottom might be this time. Bitcoin dipped to a low of $80,760 on Friday before recovering above $85,000, only to dip again. The price is currently $82,800 at the time of this writing, according to CoinMarketCap. Zooming out, Bitcoin has had a brutal […]
Former DOJ Official: Trump’s Crypto Pardon Is Unprecedented Corruption
While much of the attention in Washington this week is focused on the House bill regarding the potential release of the Epstein files, there has also been a fervor of activity around crypto exchange Binance, whose co-founder and former CEO Changpeng “CZ” Zhao was previously pardoned by President Trump. The business dealings of Trump-affiliated crypto […]
Bitcoin Plunges to Six Month Low as Crypto Traders Worry We’re Nowhere Near the Bottom
Bitcoin’s price sank on Friday, dipping below $95,000 before recovering slightly by early afternoon ET. The price currently sits at $95,400, down 3.2% on the day and down 15% from a month ago. Bitcoin hit a six-month low Friday as the price of cryptocurrencies seemed to be largely tracking the stock market, which frequently happens. […]
60 Minutes Edited Out Trump’s Response to Questions About Crypto Corruption
Last month, President Donald Trump pardoned Binance founder Changpeng Zhao, a move that raised plenty of eyebrows given Binance’s promotion of the Trump family’s crypto ventures. Trump was asked about Zhao’s pardon on Sunday during an appearance on CBS News’s 60 Minutes, where the president gave a bewildering answer. But viewers didn’t even get to […]
Fresh Off His Trump Pardon, Changpeng Zhao Helps Launch Stablecoin in Kyrgyzstan
Congratulations to Kyrgyz President Sadyr Japarov on his newly announced national digital currency. And further congratulations to Changpeng “CZ” Zhao, Japarov’s advisor, who helped facilitate this launch, on his pardon from President Donald Trump two days ago. To catch you up on what Kyrgyzstan is, it’s a mountainous, landlocked, former Soviet Republic that borders northwest […]
Regulators Say Binance Must Tighten Money Laundering, Terrorism Rules
Beleaguered crypto company Binance must tighten up its compliance controls covering anti-money laundering and counter-terrorism and add an independent auditor if it wants to keep doing business in Australia, regulators said this week. The Australian Transaction Reports and Analysis Centre (AUSTRAC) is mandating the crypto giant put outside auditors in place within 28 days of […]