$BTC - Optimisus

The former CEO of BitMEX has predicted that Bitcoin will enter a bull market in the late third and early fourth quarter of 2023.

11 months ago 2 mins read

Arthur Hayes Predicts Bitcoin Bull Run in Late Q3 2023

Arthur Hayes, the former CEO of BitMEX, has predicted that Bitcoin will enter a bull market in the late third and early fourth quarter of 2023. Hayes, who is now a cryptocurrency investor and trader, says that he expects Bitcoin to reach $100,000 by the end of 2023. Hayes’ prediction is based on a number of factors, including: Hayes also says that the Bitcoin market is about to experience a “fireworks show” as the price of Bitcoin rises. He says that this will be due to the increased demand for Bitcoin from institutional investors and the growing popularity of Bitcoin

Cryptocurrencies gained following successful negotiations on raising the U.S. debt ceiling that injected some optimism into markets.

11 months ago 1 min read

Bitcoin is back above US$27,000 Following U.S. Debt Ceiling Deal

Cryptocurrencies gained following successful negotiations on raising the U.S. debt ceiling that injected some optimism into markets. Bitcoin, the world’s largest cryptocurrency, rose 1.08% to US$27,076 in 24 hours to 4 p.m. in Hong Kong, bringing its weekly gains to 2.08%, according to CoinMarketCap data. Ether, the second biggest cryptocurrency in the world, gained 1.78% to US$1,886 in 24 hours, after rising 3.85% in the last seven days. Litecoin was the biggest gainer among the top 10 cryptos, climbing 2.25% to US$94.48 in 24 hours, and strengthening 8.35% on the week. It rose on stronger buying support from its third

Georgia to Crack Down on Cryptocurrency Money Laundering

11 months ago 1 min read

Georgia National Bank to Investigate Crypto Firms for Money Laundering

Georgia, a major cryptocurrency-friendly country among Post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions. The National Bank of Georgia (NBG) plans to launch mandatory supervision of virtual asset service providers (VASP) starting Sept. 1, 2023. NBG’s acting governor Archil Mestvirishvili said that the new regulatory measures will help the country combat money laundering, the local news agency InterPressNews reported on May 31. “We have created an additional department for monitoring sanctions. The enforcement of the sanctions is very important and the financial sector takes it very seriously,” Mestvirishvili said. In addition

US Senator Elizabeth Warren said that crypto is being used by drug traffickers and other criminals to move money around the world anonymously.

11 months ago 2 mins read

US Senator Elizabeth Warren: Crypto is Being Used to Traffic Fentanyl

US Senator Elizabeth Warren has called for regulation of cryptocurrency in order to combat money laundering. In a congressional hearing on Wednesday, Warren said that cryptocurrency is being used by drug traffickers and other criminals to move money around the world anonymously. Warren cited a recent report by the Drug Enforcement Administration (DEA) that found that cryptocurrency is being increasingly used to facilitate fentanyl trafficking. The report found that drug traffickers are using cryptocurrency to purchase fentanyl from overseas suppliers and distribute it domestically. Warren argued that cryptocurrency is a “major enabler” of money laundering because it allows criminals to