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News & Articles By Arsenio Toledo
11/14/2024
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By Arsenio Toledo
Bitcoin surges to just under $90,000 in value as second Trump term excites crypto markets
President-elect Donald Trump’s recent victory in the election has caused bitcoin to surge in value. In the days since the election, bitcoin nearly breached the $90,000 mark before stabilizing to around $86,000. Bitcoin has been rallying since Trump’s victory, with the token hitting $75,000 on election night when it was clear that the Republican was […]
08/30/2024
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By Arsenio Toledo
Crypto exchange giant Binance accused of seizing crypto funds of Palestinians at the behest of IDF
Cryptocurrency exchange giant Binance has been accused of seizing crypto funds held by Palestinians following a request from the Israeli Defense Forces (IDF). This allegation was first raised by Ray Youssef, founder and CEO of peer-to-peer bitcoin marketplace NoOnes, who wrote on X that “Binance has seized all funds from all Palestinians as per the […]
03/14/2024
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By Arsenio Toledo
Bitcoin SURGES above $73,000 ahead of “halving” event in April
The world’s leading cryptocurrency bitcoin topped $73,000 on Wednesday, March 13, ahead of the “halving” event in late April, which is expected to push its value even higher. The blockchain is designed so that a halving occurs every time 210,000 blocks are added to the chain, which means that it happens roughly every four years. The […]
02/06/2024
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By Arsenio Toledo
U.K. court might uncover REAL IDENTITY of mysterious Bitcoin founder Satoshi Nakamoto
A high court in the United Kingdom is deciding on a case that could end up proving whether an Australian computer scientist’s claim to be the mythical figure who created Bitcoin is true or false. For years, Craig Wright, 54, has claimed to be the mysterious, anonymous crypto founder who wrote under the pseudonym “Satoshi Nakamoto” […]
01/24/2024
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By Arsenio Toledo
Gold research firm explains Bitcoin’s intrinsic value: It cannot be easily confiscated by government
Prominent gold market-focused research firm GoldFix explained in a recent report the intrinsic value of Bitcoin that is similar to gold’s: “It cannot be confiscated.” This comes even as Bitcoin’s value falls by 15 percent over the past two weeks. GoldFix’s report stated that people like Bank of England Gov. Andrew Bailey are wrong in saying […]
12/06/2023
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By Arsenio Toledo
Bitcoin price, which has risen by more than 150% since the beginning of the year, surges above $42,000
A weekend rally has made the price of bitcoin surge above $42,000 for the first time in 19 months, as frenzied speculation in the digital asset’s market continues to help the prices of cryptocurrencies climb by more than 150 percent this year. On Monday, Dec. 4, bitcoin rose by as much as 6.1 percent to […]
11/29/2023
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By Arsenio Toledo
Binance cryptocurrency exchange pleads guilty to violating U.S. anti-money laundering laws
Binance, the world’s largest cryptocurrency exchange, recently pleaded guilty to breaking American anti-money laundering laws. Binance submitted its plea before a federal court in Seattle, Washington on Nov. 21. As part of its guilty plea, the cryptocurrency company has agreed to pay a $50 million fine to the federal government – a fine that, interestingly enough, […]
11/15/2023
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By Arsenio Toledo
47 Nations combine forces to require automated tax authority monitoring of crypto trading data
Nearly 50 nations, including the U.S., have announced their intention to collaborate to enable the automatic exchange of information between cryptocurrency trading firms and tax agencies. In a press release, the British government said this new coalition of nations and other jurisdictions is partnering up with the Organization for Economic Cooperation and Development (OECD) to […]
11/01/2023
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By Arsenio Toledo
Russia to ban individuals from using cryptocurrency for domestic transactions
Russia is about to ban non-state-controlled circulation of cryptocurrency, including trading, mining and internal crypto transactions. This is according to Anton Tkachev, a member of the State Duma, the Russian parliament, and the deputy head of the State Duma Committee on Information Policy, Information Technologies and Communications. Tkachev noted that the use of cryptocurrency in Russia […]
10/13/2023
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By Arsenio Toledo
Sam Bankman-Fried tried to recoup losses by opening fake accounts using IDs of Thai prostitutes
Former billionaire and cryptocurrency magnate Sam Bankman-Fried directed his former girlfriend Caroline Ellison to hide the billions of dollars in customer deposits and investor funds he siphoned from his company through a variety of elaborate schemes. This is according to Ellison’s testimony before a federal court in downtown Manhattan. Ellison, who at the time of the […]
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