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Iraq Bulletin

Tag : cryptowire

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Crypto analysts puzzled as Bitcoin fails to break key price barriers

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Bitcoin’s recent price movements have raised suspicions among market analysts, with some questioning whether its trading behavior is being artificially influenced. Despite substantial institutional inflows, the cryptocurrency has remained locked in a tight range between $92,400 and $106,500 since mid-December...
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Cyber and Emerging Technologies Unit replaces SEC’s crypto squad

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The U.S. Securities and Exchange Commission (SEC) has announced a restructuring of its crypto enforcement efforts, renaming and downsizing the unit previously dedicated to digital assets. The move signals a shift in the agency’s approach under Acting Chairman Mark Uyeda,...
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Bitcoin drops 7.3% since Trump’s inauguration amid weak sentiment

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Bitcoin continued its downward trajectory on Monday, declining 0.8% to $96,197, as the cryptocurrency market remained subdued amid the U.S. Presidents Day holiday. With stock and bond markets closed, significant price movements appeared unlikely, extending Bitcoin’s underwhelming start to 2025....
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Argentina’s Milei in political turmoil over $LIBRA cryptocurrency crash

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Argentine President Javier Milei is facing significant political fallout after endorsing a cryptocurrency token that quickly skyrocketed in value before crashing, leading opposition lawmakers to threaten an impeachment trial. The token, $LIBRA, was promoted by Milei on social media late...
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Crypto legislation expands as nine US states propose new bills

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U.S. states are ramping up their legislative focus on cryptocurrency, with four states introducing new bills related to digital assets this week alone. This development brings the total number of states considering crypto-related legislation in February to nine, highlighting an...
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Goldman Sachs now holds $2 billion in Bitcoin and Ethereum ETFs

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Goldman Sachs has significantly increased its holdings in cryptocurrency exchange-traded funds (ETFs), accumulating over $2 billion in Bitcoin and Ethereum ETF shares, according to recent U.S. Securities and Exchange Commission (SEC) filings. The investment banking giant now holds approximately $1.3...
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Portugal’s Golden Visa welcomes crypto investors through new fund

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A newly launched investment vehicle, the KvarnPortugal Fund, offers investors an opportunity to gain exposure to the cryptocurrency market while potentially securing Portuguese residency or citizenship. The fund is a collaboration between Fundbox, a Portuguese fund management company, and Kvarn...
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Powell signals willingness to review crypto debanking in Senate hearing

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Federal Reserve Chair Jerome Powell stated on Tuesday that regulatory policies surrounding banking access should be reassessed, following concerns that the crypto industry is being unfairly excluded from financial services. Powell made the remarks during a Senate Banking Committee hearing,...