Prediction: This Will Be Bitcoin's Next Big Move
By the end of the year, Bitcoin could hit a price of $100,000.
By the end of the year, Bitcoin could hit a price of $100,000.
Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of 2024. It was a bold promise, one that on first blush seems like a hard pledge to fulfill.
Experts explore the possibility of bitcoin reaching $150K, debating its year-end price potential
Historically weak summer trading action doesn't have one of crypto's top analysts feeling any less bullish
Ether, Solana, and other altcoins are also seeing setbacks.
A North Korean hacking group earlier in August exploited a previously unknown bug in Chrome-based browsers to target organizations with the goal of stealing cryptocurrency, according to Microsoft. According to the report, the hackers exploited a flaw in a core engine within Chromium, the underlying code of Chrome and other popular browsers, like Microsoft’s Edge. When the hackers exploited the vulnerability, it was a zero-day, meaning the software maker — in this case, Google — was unaware of the bug and as such had zero time to issue a fix prior to its exploitation.
A report from consultancy Henley & Partners found the number of those with more than $1 million in cryptocurrencies nearly doubled this year.
Cryptocurrency investors and industry executives calling on Vice President Kamala Harris to pursue a softer regulatory stance on the industry are planning to raise at least $100,000 for the Democratic nominee at a Sept. 13 Washington fundraiser. The grassroots event is scheduled to take place between the Congressional Black Caucus and Congressional Hispanic Caucus conferences, and aims to bring together a diverse group of donors, the organizers told Reuters. Tickets to the fundraiser range from $500 to $5,000, said Cleve Mesidor, executive director of the Blockchain Foundation and one of the organizers.
Last year, the government recorded $4.57 billion in losses from investment fraud, but this figure is likely an underestimate.
The plaintiffs hoped to win $258 billion in damages, but the judge permanently dismissed the case.