Crypto Currency

Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation

TLDR Roman Sterlingov, founder of Bitcoin Fog, was convicted on money laundering charges in March 2024 Prosecutors recommend a 20-30 year prison sentence for Sterlingov Sterlingov’s lawyers argue the proposed sentence is excessive and unwarranted Bitcoin Fog allegedly facilitated laundering of about $400 million in Bitcoin from 2011 to 2021 The case highlights increasing legal

Published 11 months ago in
Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation

TLDR Roman Sterlingov, founder of Bitcoin Fog, was convicted on money laundering charges in March 2024 Prosecutors recommend a 20-30 year prison sentence for Sterlingov Sterlingov’s lawyers argue the proposed sentence is excessive and unwarranted Bitcoin Fog allegedly facilitated laundering of about $400 million in Bitcoin from 2011 to 2021 The case highlights increasing legal […]
The post Bitcoin Fog Founder Challenges 30-Year Sentence Recommendation appeared first on Blockonomi…
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Crypto Currency

Strategy Adds 21,021 Bitcoin Through Historic $2.5bn Perpetual Preferred Stock IPO

Michael Saylor’s Bitcoin-buying machine, Strategy (formerly MicroStrategy), just bought another 21,021 Bitcoin. The company raised approximately US$2.474 billion (AU$3.79 billion) in net proceeds from a US$2.521 billion (AU$3.87 billion) IPO of its STRC perpetual preferred stock, per a Tuesday press release – the largest US IPO of 2025 so far…

Published 9 hours ago in
Strategy Adds 21,021 Bitcoin Through Historic $2.5bn Perpetual Preferred Stock IPO

Michael Saylor’s Bitcoin-buying machine, Strategy (formerly MicroStrategy), just bought another 21,021 Bitcoin. The company raised approximately US$2.474 billion (AU$3.79 billion) in net proceeds from a US$2.521 billion (AU$3.87 billion) IPO of its STRC perpetual preferred stock, per a Tuesday press release – the largest US IPO of 2025 so far…
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Crypto Currency

SEC Greenlights In-Kind Redemptions and Spot Crypto ETPs in Major Market Shift

In a significant regulatory pivot, the US Securities and Exchange Commission (SEC) has authorised in-kind creation and redemption for all spot Bitcoin and Ethereum exchange-traded products (ETPs). Authorised participants can now exchange ETP shares for the underlying crypto assets rather than cash. This adjustment applies to ETPs listed on exchanges such as Nasdaq…

Published 9 hours ago in
SEC Greenlights In-Kind Redemptions and Spot Crypto ETPs in Major Market Shift

In a significant regulatory pivot, the US Securities and Exchange Commission (SEC) has authorised in-kind creation and redemption for all spot Bitcoin and Ethereum exchange-traded products (ETPs). Authorised participants can now exchange ETP shares for the underlying crypto assets rather than cash. This adjustment applies to ETPs listed on exchanges such as Nasdaq…
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Crypto Currency

Ray Dalio Says 15% in Bitcoin or Gold Is Smart—But Prefers Gold Himself

Ray Dalio has told investors to lean more into Bitcoin (BTC) or gold as a hedge against the US debt spiral and weakening currency. Speaking on the Master Investor podcast Sunday, the Bridgewater Associates founder said an optimal portfolio “for the best return-to-risk ratio” would place roughly 15% in either Bitcoin or gold. …

Published 9 hours ago in
Ray Dalio Says 15% in Bitcoin or Gold Is Smart—But Prefers Gold Himself

Ray Dalio has told investors to lean more into Bitcoin (BTC) or gold as a hedge against the US debt spiral and weakening currency. Speaking on the Master Investor podcast Sunday, the Bridgewater Associates founder said an optimal portfolio “for the best return-to-risk ratio” would place roughly 15% in either Bitcoin or gold. …
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Crypto Currency

Overheating in Bitcoin (BTC) Market Less Severe Than Past Correction Phases

CryptoQuant flags a brief cool-down in the market where Bitcoin corrections are likely to be softer than past downturns…

Published 9 hours ago in
Overheating in Bitcoin (BTC) Market Less Severe Than Past Correction Phases

CryptoQuant flags a brief cool-down in the market where Bitcoin corrections are likely to be softer than past downturns…
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