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CFPB likely to step back from crypto regulation —attorney

The Consumer Financial Protection Bureau (CFPB) will likely see a reduced role in crypto regulations as other federal agencies like the Securities and Exchange Commission (SEC) and state-level regulators assume a bigger role in crypto policy, according to Ethan Ostroff, partner at the Troutman Pepper Locke law firm. «I think with the current administration, my …

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XRP price sell-off set to accelerate in April as inverse cup and handle hints at 25% decline

XRP (XRP) price has plunged more than 35% since reaching a multi-year high of $3.40 in January — and the downtrend may deepen in April as new bearish signals emerge. Let’s examine these catalysts in detail. XRP nears a classic technical breakdown XRP’s recent price action is flashing a classic bearish reversal signal dubbed “inverse …

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Bitcoin falls toward $80K and prints ‘death cross’ as US stocks mimic 2020 COVID-19 crash

Bitcoin (BTC) hit new monthly lows at the April 3 Wall Street open as US unemployment data added to pressure on risk assets. BTC/USD 4-hour chart. Source: Cointelegraph/TradingView Bitcoin gives early April gains as stocks plummet Data from Cointelegraph Markets Pro and TradingView confirmed the first trip below $82,000 for BTC/USD since the start of …

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Pedophile Platform That Accepted Crypto Taken Down in Global Operation

One of the largest pedophile platforms in the world has been shut down after an international investigation, with crypto widely used as a payment method for images of child sexual abuse. «Kidflix» resembled a streaming service—and according to Europol, 1.8 million users worldwide had logged on to the site between April 2022 and March of …

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Bitcoin miner Bitfarms secures up to $300M loan from Macquarie

Bitfarms, a global computer infrastructure company known for its Bitcoin mining operations, has entered into a $300 million loan agreement with Macquarie Group to finance the development of its high-performance computing (HPC) data centers. According to an April 2 announcement, Macquarie’s private debt facility will provide $50 million in initial funding for Bitfarms’ Panther Creek …

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