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A US federal court ordered more than $130 million in penalties and restitution against the Brazilian founders of EmpiresX, an illegal cryptocurrency investment platform, the Commodity Futures Trading Commission (CFTC) announced.On Feb. 4, Judge Cecilia Altonaga of the US District Court for the South…
A Bitcoin strategic reserve in the US could be a “net negative” for the industry, as it could be used as a “political weapon” and even reversed if Democrats win the election in 2028 and decide to sell the stockpile, according to an industry executive.“Broadly speaking, many misguided crypto folks wi…
The crypto market isn’t following the same old patterns anymore — and it’s throwing crypto traders off.“The market is totally cooked,” pseudonymous crypto trader Sykodelic said in a Feb. 4 X post. They added that despite pro-crypto moves from the US government and President Donald Trump, the market …
Since early 2023, Bitcoin has chalked out a classic stairstep bull run, characterized by incremental price increases followed by periods of consolidation that set the stage for the next move higher.The cryptocurrency's ongoing price consolidation between $90,000 and $100,000 is the third of the bro…
Crypto-native travel booking service Travala has integrated its inventory of more than 2.2 million properties across 230 countries into the global hotel and accommodation search platform Trivago.The integration will allow millions of Trivago users to explore, compare and book properties from Travala…
Crypto prices remained volatile on Feb. 4, with Bitcoin briefly reclaiming the $100,000 level after US President Donald Trump paused Canada and Mexico tariff threats. However, the relief rally was short-lived as China announced retaliatory tariffs on US products, including a 15% tariff on coal and l…
The price of gold is holding above the $2,820 mark after reaching an all-time high on Monday as investors seek safe-haven assets amid rising volatility in bitcoin and global equities. The surge in gold prices has been fueled by increased demand after China announced retaliatory tariffs on U.S. goods…
Bitcoin risks a deeper correction as fears of a potential global trade war escalated following import tariffs announced by US President Donald Trump and China’s Ministry of Finance.The Ministry of Finance of the People’s Republic of China announced new import tariffs of up to 15% on some US imports …
Ether’s price must remain above $2,700 to prevent further downside, market analysts told Cointelegraph following the cryptocurrency’s recent recovery.Ether staged a recovery of over 10% in the 24 hours leading up to the time of writing on Feb. 4, trading above $2,800 after falling to a three-month …
Bitcoin falls, albeit remaining above lows hit Monday when risky assets were stung by U.S. President Trump announcing 25% tariffs on Canada and Mexico. He later agreed to delay these tariffs, providing some brief relief but risks remains and a new 10% tariff on China took effect Tuesday. "China's ta…
Bitcoin and Nasdaq futures faced renewed selling pressure during Asia trading hours on Tuesday as China imposed retaliatory tariffs against the U.S.China also announced an antitrust probe into Google, while moving clothing firm PVH Corp and biotechnology firm Illumina to the list of unreliable enti…
Ethereum prices have gained around 11% on the day to reach $2,900 during early trading in Asia on Feb. 4 before it retraced slightly.It is on the path to recovery from a crash to $2,260 on Monday following President Donald Trump’s imposition of trade tariffs on Canada, Mexico, and China. Some of tho…