Markets Gone Wild

Uncovering the Dark Side of Cryptocurrency: How Mexican Cartels are Using Bitcoin, Ethereum, and Tether to Fuel Fentanyl Production Description: Criminal networks in Mexico are leveraging popular cryptocurrencies to finance the procurement of raw materials for fentanyl production, according to the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). The advisory, released on Thursday, highlights…

The Commodity Futures Trading Commission (CFTC) Investigates Jump Trading The Commodity Futures Trading Commission (CFTC) has launched an investigation into the Chicago-based trading firm Jump’s participation in the crypto market, focusing on its trading and investment activities, according to an undisclosed source familiar with the matter, as reported by Fortune Magazine. Hacks And Collapses Haunt…

Pantera Capital Considers $100 Million Investment in Bitwise’s Ethereum ETF Overview Pantera Capital, a prominent cryptocurrency investment firm, is considering a substantial investment of up to $100 million in Bitwise’s spot Ethereum (CRYPTO: ETH) ETF. This potential investment is contingent upon regulatory approval for the fund’s launch. Bitwise recently updated their S-1 filing on June…

Now Is the ‘Best’ Time to Stack Altcoins Because This is the Last ‘Dip’: Analysts Issue Warning The Confusing World of Altcoins Altcoins have begun to perplex analysts and investors alike, lacking clear indications and seemingly stuck in a rut. Nevertheless, let’s delve into the perspectives of analysts who are eager to decipher what’s happening….

MicroStrategy Acquires 11,931 BTC, Bringing Total Holdings to 226,331 BTC The Recent Bitcoin Purchase MicroStrategy, the publicly traded business intelligence firm, has made headlines once again with its recent acquisition of an additional 11,931 bitcoins. The total investment amounted to a staggering $786 million, further solidifying the company’s position as one of the largest corporate…