appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
  • lei RON
  • ₹ INR
  • AUD
news-imageJune 20, 2024

Mexican Cartels Exploit Bitcoin, Ethereum, Tether To Fund Fentanyl Production

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). What Happened: The advisory, released on Thursday, highlights the increasing use of digital assets such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Monero (CRYPTO: XMR) and Tether (CRYPTO: USDT) by these organizations to purchase precursor chemicals from suppliers based in China.
Publisher: Benzinga
Sentiment: Negative
BTC
ETH

More News Articles

Positive
cover-imageThe Currency Analytics
November 27, 2024

Bitcoin Price Rally Beyond $100K: Key Insights

Bitcoin (BTC) has recently experienced impressive gains, with a notable 46.59% rise in its monthly value, pushing its market capitalization to a remarkable $1.94 trillion. Despite this growth, Bitcoin's price has recently been trading within a relatively narrow range, leading some to speculate about its next major move.

Positive
cover-imageBenzinga
November 27, 2024

Jim Cramer Says Bitcoin And Ethereum 'Deserve A Spot In Your Portfolio' As Hedge Against Rising US Debt: 'I've Liked Crypto For A Very Long Time'

Financial analyst Jim Cramer endorsed owning cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as a safeguard against government overspending and an ever-increasing deficit. What Happened: Cramer defended his pro-cryptocurrency stance, stating that the concerns over national debt are perpetual, CNBC reported Tuesday.

Positive
cover-imageThe Daily Hodl
November 27, 2024

CryptoQuant CEO Says Ethereum Rival Has Achieved Strong Market-Product Fit Hosting $60,000,000,000 in USDT

An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.

Positive
cover-imageCryptoSlate
November 26, 2024

NYSE files to list Bitwise's Bitcoin and Ethereum mixed ETP

NYSE Arca filed a 19b-4 Form to list a Bitwise exchange-traded product (ETP) offering direct spot exposure to Bitcoin (BTC) and Ethereum (ETH), weighted by their market capitalization. According to a Bitwise statement, the proposed Bitcoin-Ether ETP aims at simplifying portfolio allocation for investors seeking exposure to the crypto market's most established assets.

Negative
cover-imageYahoo Finance
November 26, 2024

Bitcoin retreats in push to $100,000

To get the latest market news check out finance.yahoo.com Bitcoin prices (BTC-USD) retreated about 2% on Tuesday as the cryptocurrency's bid to reach the $100,000 milestone lost steam. The largest digital currency, which posted its longest losing streak since Trump's election win, traded just around $92,500 per token in early afternoon trade.

Negative
cover-imageCryptonews
November 26, 2024

Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns

Tether has minted $5 billion in just five days, raising industry concerns about its influence on cryptocurrency markets and political ties, particularly with Cantor Fitzgerald's significant investment and connections to the incoming Trump administration. The post Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns appeared first on Cryptonews.

Next Page 1