A man from Arizona has pleaded guilty to taking part in a cryptocurrency scam that collected more than $13 million from victims over several years.
Stablecoin Showdown: South Korea’s Parties Face Off on Crypto Rules
South Korea’s two main political parties have introduced separate plans for regulating won-based stablecoins, each taking a different approach to key issues.
Bitmain Launches Its First US ASIC Chip Factory, Reports Bloomberg
In a significant move signaling the growing embrace of blockchain technology in traditional manufacturing sectors, leading cryptocurrency mining hardware manufacturer Bitmain has announced plans to establish its first factory in the United States. This development comes amidst escalating trade tensions between the U.S. and China, highlighting a str
China’s Z.ai Debuts GLM-4.5, Challenges OpenAI’s Strategy
Z.ai, a tech company based in Beijing, has introduced two new artificial intelligence (AI) models months after the US government added it to its trade blacklist.
Kirk West Accused of Stealing Millions in Cash and XRP From George Jones’s Widow
Kirk West, a man from Franklin, Tennessee, has been accused of stealing a large amount of cash and cryptocurrency from Nancy Jones, the widow of country music artist George Jones.
US Dollar Index (DXY) Reaches One-Month High
The US Dollar Index (DXY) has risen to its highest level since early July. According to media reports, the bullish sentiment in the market is driven by the following factors: → Optimism around US trade agreements. A new trade deal with the EU — which includes a 15% tariff on European goods — is being […]
What Is a Pyramiding Strategy, and How Does It Work in Trading?
What Is Pyramiding? Common Types of the Pyramiding Strategy How Pyramiding Works in Practice Challenges of Pyramiding and How to Deal With Them The Bottom Line FAQ Pyramiding is a trading strategy where traders gradually increase their position size as the market moves in their favour. Instead of committing full capital upfront, they add to [&helli
Nasdaq 100 Index Hits New Highs Ahead of Big Tech Earnings
Earlier, we noted signs of optimism in the Nasdaq 100 index (US Tech 100 mini on FXOpen) as the market anticipated earnings reports from major tech firms. Now, companies such as Alphabet (GOOGL) and Tesla (TSLA) have already released their results (we previously covered their charts → here and here). Up next are the most […]
US Feds Chase $2.4 Million in Bitcoin Tied to Chaos Ransomware Group
Federal prosecutors in Texas are seeking a court order to take control of over $2.4 million in Bitcoin BTC, which was seized by the FBI’s Dallas office on April 15.
Ray Dalio Backs Gold and Bitcoin as US Debt Hits $36.7 Trillion
Ray Dalio, founder of Bridgewater Associates, has advised setting aside about 15% of one’s investment portfolio for either Bitcoin BTC or gold.