Bitcoin climbs above $60k after US labor market report

As a researcher with a background in finance and experience in following the cryptocurrency market, I find the recent price surge in Bitcoin (BTC) intriguing. The U.S. labor market report has once again proven to be a significant catalyst for Bitcoin’s growth. Following the release of the report, expectations regarding the Federal Reserve’s key rate … Read more

ED Raids Uncover Crypto Scam Involving Vinod Khute

As a researcher with a background in financial investigations, I find the ongoing probe by the Mumbai Zonal Office of the Directorate of Enforcement (ED) into the activities of Vinod Tukaram Khute and his associates to be a significant development. The recent search operations conducted in Kolhapur, Pune, and Nashik under the Prevention of Money … Read more

Major Russian exchange freezes $4m of user assets, citing money laundering

As an experienced financial analyst, I find the situation with Russian cryptocurrency exchange Beribit deeply concerning. Having followed the development of this case since March, when searches were carried out at their Moscow offices, I’ve seen how the platform has failed to uphold its promises and provide refunds to customers. Russian cryptocurrency platform Beribit is … Read more

Arthur Hayes foresees market bottom, predicts gradual uptrend

As an experienced analyst with a background in cryptocurrency markets and a keen eye for trends, I find Arthur Hayes’ insights both intriguing and insightful. His cautious optimism regarding the recent market downturn is understandable given the volatility of Bitcoin and other cryptocurrencies. However, his belief that we may have seen the bottom could hold … Read more

Friend.Tech’s token falls 98% following airdrop fiasco

As a seasoned analyst with extensive experience in the cryptocurrency market, I find the friend.tech token launch and the subsequent price crash to be an intriguing case study. Based on my analysis of the situation, I believe that the clunky claim portal and the significant disparity between the fees paid by users and the token’s … Read more