Wikimedia Voters Support Ban on Crypto Donations
An Ethereum engineer who gave a lecture on how to use blockchain technology in North Korea was sentenced to 63 months in prison on Tuesday. Cryptocurrency expert Virgil Griffith will pay a $100,000 fine for assisting North Koreans in evading US sanctions through the use of cryptocurrencies. The United States forbids its nationals from traveling to North Korea unless they have special permission. His presentation, according to the US Department of Justice, gave the Kim Jong Un leadership with “technical advise on...
On Tuesday, April 12, the U.S. Labor Department released the inflation numbers for March 2022 which stood at 8.5%, the highest in four decades since 1982. The crypto market had already anticipated this event entering into a steep correction earlier on Monday. Just as the inflation numbers stood in accordance with the market expectations, Bitcoin (BTC) and the broader crypto market are showing a marginal bounce back. Explaining this, on-chain data provider Santiment reports: When #inflation and #CPI...
Kevin O’Leary, a celebrity investor known as “Mr. Wonderful” on ABC TV series “Shark Tank,” has revealed what percentage of his entire portfolio is allocated to the cryptocurrency space, months after explaining he sees Bitcoin ($BTC) move to $300,000. During an interview with Kitco News, O’Leary revealed he...
The biggest Ethereum (ETH) wallets appear to be grabbing a buy the dip opportunity. This time, the whales have gone for popular meme cryptocurrencies Shiba Inu (SHIB). ETH whales have accumulated over 393 Billion SHIB tokens in the past 24 hours. While this move has not been reflected in SHIB’s price, its 24 hour trading volume has surged by over 20%. SHIB is currently down 14% over the past seven days at $0.00002283, tracking broader losses in the crypto market as...
On Tuesday (April 12), Bitcoin and other cryptoassets — as well as U.S. stock futures — are under pressure as investors wait for the U.S. Bureau of Statistics to release March 2022 Consumer Price Index (CPI) data. According to the Bureau of Labor Statistics, the CPI is “a measure of...