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Author: Jamie Redman

Chainalysis: Stablecoins Emerge as the Cornerstone of Illicit Crypto Activity in 2024

Illicit cryptocurrency activity reached significant levels in 2024, with $40.9 billion directed to wallets linked to criminal activities, according to the latest report from Chainalysis. As blockchain systems continue to mature, malicious actors are adopting increasingly sophisticated techniques and refining their operations into organized ventures. Chainalysis Report Highlights Increasing Professionalization of Crypto Crime The report

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Report: Stablecoin Powerhouse Tether Dives Into AI Filmmaking

Bloomberg’s Suvashree Ghosh reports that Tether, the leading issuer of stablecoins, is embarking on a bold foray into artificial intelligence (AI) filmmaking, signaling an ambitious innovation agenda. Tether Boss Discusses Bold Step Into AI Filmmaking Renowned for its commanding role in the stablecoin sphere, Tether manages roughly $137 billion USDT in circulation…

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Bitcoin Technical Analysis: A Breakout Above $96K Could Signal a New Rally

Bitcoin’s price fluctuates between $93,607 and $94,026 over the past hour, reflecting a market capitalization of $1.86 trillion. With a 24-hour trading volume of $63.28 billion and an intraday range spanning $91,215 to $95,098, bitcoin finds itself at a pivotal juncture. Bitcoin The daily chart illustrates bitcoin consolidating near its support band of $91,000 to

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