Author: James Schulz
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What a $1,000 Bitcoin Investment is Worth Today
Since Bitcoin’s inception in 2009, its price has experienced significant volatility, leading to dramatic gains for some investors—and crushing losses for others. Many are left pondering the question, “What if I had invested sooner or held on longer?” One of the most famous examples in Bitcoin history occurred in 2010, when a man made the…
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U.S. Judge Sentences Man to 5 Years for Orchestrating $20 Million Crypto Fraud
Chirag Tomar, a 31-year-old man from India, has been sentenced to five years in prison by U.S. District Judge Kenneth D. Bell for his role in orchestrating a $20 million cryptocurrency fraud scheme that spanned the globe. Tomar’s sentencing took place in a federal court in North Carolina, where he had earlier pleaded guilty to…
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BlackRock Approaches 2% of Total Bitcoin Supply Amid Rising Institutional Investment
The future of Bitcoin is a hot topic, especially with the influence of factors like the upcoming U.S. election, advancements in technology, and increasing institutional interest. Recently, Rob Nelson, anchor of Roundtable, sat down with Armando Pantoja, a futurist and the founder of Quant Index, to discuss these influences on Bitcoin’s potential trajectory. During the…
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Why Bitcoin Will Rise Regardless of the U.S. Election Outcome
As the U.S. presidential election approaches, speculation is swirling about its potential impact on financial markets. But for cryptocurrencies, the outcome might not be a game-changer. According to experts, a significant “reflation” could be on the horizon, fueled by liquidity and global monetary policies. This suggests that asset prices, including bitcoin, may rise regardless of…
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How the FBI Created a Cryptocurrency to Trap Scammers
In a bold move against crypto fraud, the Federal Bureau of Investigation (FBI) has used scammers’ own tactics against them by creating a fake cryptocurrency as bait. This marks the first time the FBI has disclosed such a strategy, aimed at catching fraudsters in the act. The FBI reports that this sting operation has led…