News On Cryptocurrency from Social media .

Binance to pay FIU-IND Rs 18.82 crore fine to restart India operations

The latest notification said, “After considering the written and oral submissions of the Binance, Director, FIU-IND, based on the material available on record, found that the charges against Binance were substantiated.”

https://www.moneycontrol.com/technology/crypto-exchange-binance-to-pay-a-fine-of-rs-18-82-crore-imposed-by-fiu-ind-article-12752524.html

https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-price-today-bitcoin-solana-cardano-others-fall-up-to-7-heres-why/articleshow/111226271.cms?from=mdr

Man extradited from Ukraine charged with stealing millions in cryptocurrency!

https://www.localsyr.com/news/local-news/man-extradited-from-ukraine-charged-with-stealing-millions-in-cryptocurrency/

Bitcoin Falls To June Lows On 'Summer Blues'

https://www.investors.com/news/cryptocurrency-prices-news/

• Bitcoin bounced above $62,000 Tuesday, a day after sinking below $60,000 for the first time since May 3.
• The move coincided with a rebound in Nvidia and the Nasdaq Composite.
• Solana was the market leader with an 8% gain.

https://www.cnbc.com/2024/06/25/bitcoin-bounces-above-61000-solana-leads-cryptocurrencies-higher.html

The question of whether the US dollar will be dethroned by a cryptocurrency, a stablecoin, or some other digital asset or payments system ultimately misses the point. What really matters is the mix of possible alternatives that today's evolving financial landscape will offer to governments pursuing a geopolitical advantage.

For full information--

https://www.project-syndicate.org/onpoint/currency-competition-dollar-is-supreme-but-digital-assets-complicate-picture-by-paolo-tasca-2024-03

Crypto & Bitcoin News

Cryptocurrency values surged above $60,000, reaching its highest point since 2021. Enthusiasts are waiting to see if it can achieve a new record high during the current rally.

In 2024, new spot crypto ETFs officially launched, Bitcoin (CRYPTO: BTC) emerged as a political campaign issue for the first time, and meme coin mania returned to the crypto market. All of that has led to stunning gains for nearly every major cryptocurrency.Bitcoin for example, is now up more than 100% for the year, and is rapidly closing in on the $100,000 price level.

So what can we expect in 2025? The safe answer, of course, is "more of the same." But let's dig a little deeper and consider what major changes might be right around the corner.

So, 2025 could be the year that crypto finally gets a new regulatory framework. That likely starts with a reduction in the role of the SEC, which has been the de facto lead regulator when it comes to crypto. President-elect Donald Trump has already promised that he would replace Gary Gensler, the head of the Securities and Exchange Commission (SEC), on day one of his administration. That's a move that will certainly resonate with crypto investors, who are tired of the SEC's perceived heavy-handed approach to regulating crypto.

https://twitter.com/juliusdigitals/status/1859865145490670057

Hot news of the week

01 Mar 2025
US judge dismisses SEC fraud lawsuit against Hex crypto founder

A federal judge dismissed on Friday a lawsuit by U.S. securities regulators accusing an online entrepreneur of raising more than $1 billion through unregistered cryptocurrency offerings and defrauding investors out of $12.1 million to buy luxuries including the world's largest black diamond.