Bitcoin

Illinois News: CHICAGO, JOSEPH KIM, Department of state Trader Sentenced to 15 Months in Federal Prison for Misappropriating $1.1 Million in Cryptocurrencies

CHICAGO, Illinois — In the first criminal prosecution in Chicago involving the cryptocurrency trading industry, a federal judge has sentenced a trader to 15 months in prison for misappropriating $1.1 million in Bitcoin and Litecoin. Over a two-month period in the fall of 2017, JOSEPH KIM, 24, of Phoenix, Ariz., misappropriated at least $600,000 of his … Continue reading Illinois News: CHICAGO, JOSEPH KIM, Department of state Trader Sentenced to 15 Months in Federal Prison for Misappropriating $1.1 Million in Cryptocurrencies

CFTC News: CFTC Orders Former Virtual Currency Trader to Pay More than $1.1 Million for Fraudulent Bitcoin and Litecoin Scheme

Washington, DC — The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against Joseph Kim (Kim), of Phoenix, Arizona, requiring Kim to pay more than $1.1 million for a fraudulent Bitcoin and Litecoin scheme.  In the order, Kim admits to orchestrating a fraudulent Bitcoin and Litecoin scheme that led to … Continue reading CFTC News: CFTC Orders Former Virtual Currency Trader to Pay More than $1.1 Million for Fraudulent Bitcoin and Litecoin Scheme

CFTC News: Federal Court Orders Trading Firm and CEO to Pay More than $2.5 Million for Fraudulent Bitcoin Ponzi Scheme

Washington, DC – A New York federal court has ordered New York corporation Gelfman Blueprint, Inc. (GBI) and its Chief Executive Officer Nicholas Gelfman of Brooklyn, New York, to pay in total over $2.5 million in civil monetary penalties and restitution in what was the first anti-fraud enforcement action involving Bitcoin filed by the Commodity … Continue reading CFTC News: Federal Court Orders Trading Firm and CEO to Pay More than $2.5 Million for Fraudulent Bitcoin Ponzi Scheme

Ryan Van Wagenen | Experience of Landing a Private Equity Job

Ryan Van Wagenen – Ryan Van Wagenen was a student of Westminster College. He did Bachelor and in Finance. He fully enjoyed his life as he was the youngest child. His childhood was full of thrills and dangerous experiences. He is a financer but with this is an active member of the community. By nature, … Continue reading Ryan Van Wagenen | Experience of Landing a Private Equity Job

Drop in Bitcoin Price Offering Tax Advantageous Retirement Planning Opportunities for Self-Directed IRA Investors, According to IRA Financial Group

NEW YORK/ AUGUST 27, 2018 (STL.News) IRA Financial Group & IRA Financial Trust Company, a leading financial technology self-directed IRA provider & custodian, has seen an increase in Bitcoin self-directed IRA clients looking to take advantage of the Bitcoin price decline by looking at the Roth IRA conversion option. In general, the amount of taxable … Continue reading Drop in Bitcoin Price Offering Tax Advantageous Retirement Planning Opportunities for Self-Directed IRA Investors, According to IRA Financial Group

LOS ANGELES | Boston student accused of stealing millions in digital money

LOS ANGELES — A Massachusetts college student has been arrested in California on suspicion of using his tech skills to hack victims’ personal cellphones and steal at least $2 million in digital currency like Bitcoin from their accounts. Prosecutors say Joel Ortiz was taken into custody July 12 at Los Angeles International Airport while en … Continue reading LOS ANGELES | Boston student accused of stealing millions in digital money

Lending Experts Launch a New Alternative Lending Platform for Bitcoin and Ethereum

NEW YORK/  (STL.News) June 26, 2018 AltLending Inc. has launched a beta version of its new lending platform that allows companies to use cryptocurrencies as collateral to borrow US dollars. AltLending is a subsidiary of Dominion Capital, a New York City based investment firm. AltLending is currently piloting the beta product with select clients leveraging … Continue reading Lending Experts Launch a New Alternative Lending Platform for Bitcoin and Ethereum

NEW YORK | Host of new worries pushes bitcoin to 4-month low

NEW YORK (AP) — The price of bitcoin fell to a four-month low of $6,370 on Wednesday, days after South Korean digital currency exchange Coinrail said hackers had stolen over $37 million, or almost a third of the virtual currency it had stored. After Coinrail announced the theft, the price of bitcoin dropped to $6,333.95 … Continue reading NEW YORK | Host of new worries pushes bitcoin to 4-month low

Cryptocurrency Mining Ventures Skyrocketing as Bitcoin Value Edges up This Week

(STL.News) The interest for digital currencies appears to be rising again of late and in turn, cryptocurrency mining operations are starting to pick up steam as the currency once again attempts to assert itself as a mainstay in the global economy.  Although cryptocurrency mining has been in existence for 10 years, the momentum is currently … Continue reading Cryptocurrency Mining Ventures Skyrocketing as Bitcoin Value Edges up This Week

American IRA Discusses: Bitcoin, Is It Right for You?

CHARLOTTE, N.C./ March 14, 2018 (STLREealEstate.News) — Holding different assets within a Self-Directed IRA has long been one of the reasons investors flock to self-direction in the first place. With access to precious metals, private equity, and even real estate within a retirement account, Self-Direction makes it possible to diversify a portfolio and hedge against … Continue reading American IRA Discusses: Bitcoin, Is It Right for You?

Cryptocurrency Set to Disrupt the Trillion Dollar Real Estate Industry, RE/MAX Action First Says

CLEARWATER, Fla./March 12, 2018 (STLRealEstate.News) — Ready or not, the real estate industry is fast embracing the use of cryptocurrency. Discussed and hotly debated in financial circles(2), “the most mysterious thing about Bitcoin and other cryptocurrencies,” says innovative real estate and IT veteran Kenny Hayslett, president of RE/MAX Action First in Tampa, “is why they … Continue reading Cryptocurrency Set to Disrupt the Trillion Dollar Real Estate Industry, RE/MAX Action First Says

With Market Uncertainty, Real Estate is the Best Investment

NEWPORT BEACH, Calif./ March 6, 2018 (STLRealEstate.News) — Millennial author of Dating Your Investments, Spencer Chambers, explains why real estate is a more secure investment than stocks, bitcoin, or other financial trends. Whenever the market takes a turn for the worse, investors begin to realize their investment portfolios are not nearly as robust as they … Continue reading With Market Uncertainty, Real Estate is the Best Investment

Adam Bergman – President of the IRA Financial Group & The IRA Financial Trust Company – Releases New Book on How to Use Retirement Funds to Purchase Cryptocurrencies

NEW YORK / February 18, 2018 (STLRealEstate.News) –How to Use Retirement Funds to Purchase Cryptocurrencies in a Nutshell, by Adam Bergman is the first book to address the topic of how to use retirement funds to purchase bitcoin and other cryptocurrencies. Cryptocurrency, once thought of as a highly technical and somewhat shadowy monetary investment, has … Continue reading Adam Bergman – President of the IRA Financial Group & The IRA Financial Trust Company – Releases New Book on How to Use Retirement Funds to Purchase Cryptocurrencies

San Diego’s Canter Companies Announces $20 Million In Homes Up For Sale In Bitcoin

SAN DIEGO, Feb. 16, 2018 (STLRealEstate.News) — San Diego’s leading financial and advisory investment firm, Canter Companies, announced today two multi-million-dollar properties are officially for sale in the popular cryptocurrency, Bitcoin. The first home, located at 6653 Neptune place, is currently listed for sale at $11,800,000, which would which come to 1,199 in Bitcoin based … Continue reading San Diego’s Canter Companies Announces $20 Million In Homes Up For Sale In Bitcoin

IRA Financial Group Announces the Top Five Most Popular Cryptocurrencies held By Its Self-Directed IRA Clients, According to IRA Financial Group Survey

NEW YORK/February 12, 2018 (STLRealEstate.News) IRA Financial Group, the leading provider of self-directed IRA LLC and Solo 401(k) Plans, announces the findings from its client survey on the most popular cryptocurrencies held by self-directed IRA and Solo 401(k) plan clients. According to the survey, Bitcoin, Ethereum, Lirecoin, Ripple, and Bitcoin Cash were the five most … Continue reading IRA Financial Group Announces the Top Five Most Popular Cryptocurrencies held By Its Self-Directed IRA Clients, According to IRA Financial Group Survey

The Impact of Bitcoin on the Housing Market

MIAMI/February 02, 2018 (STLRealEstate.News) Over the past year, a growing number people are taking out second mortgages – such as in the form of a home equity line or loan – in order to purchase Bitcoin. While there are safety and security reasons for making this decision, most individuals are doing so from an investment … Continue reading The Impact of Bitcoin on the Housing Market

Global shares sink after pullback on Wall Street

TOKYO /January 30, 2018(AP)(STL.News)— World shares skidded Tuesday following Wall Street‘s biggest loss in more than four months. KEEPING SCORE: The DAX in Germany lost 0.4 percent to 13,271.33 and the CAC 40 in France shed 0.3 percent to 5,506.27. Britain’s FTSE 100 gave up 0.4 percent to 7,642.05. S&P 500 futures fell 0.4 percent … Continue reading Global shares sink after pullback on Wall Street

Investors Cautioned about Cryptocurrencies

HARRISBURG, Pa./ Jan. 29, 2018 (STL.NEWS) — With cryptocurrencies like Bitcoin continuing to attract headlines and market interest, Secretary of Banking and Securities Robin L. Wiessmann reminds consumers that investments involving cryptocurrencies should not be confused with developments of the underlying technology, known as the blockchain. The blockchain is a fully distributed, publicly accessible database, or … Continue reading Investors Cautioned about Cryptocurrencies

Bitcoin prices fall as South Korea says ban still an option

SEOUL, South Korea/January 16, 2018 (AP)(STL.News) —Prices of bitcoin and other digital currencies have skidded after South Korea’s top financial policymaker said Tuesday that a crackdown on trading of crypto currencies was still possible. Finance Minister Kim Dong-yeon said in an interview with local radio station TBS that banning trading in digital currencies was “a live option.” … Continue reading Bitcoin prices fall as South Korea says ban still an option

New Year rally pushes global shares higher; oil retreats

TOKYO/January 03, 2018(AP)(STL.News)—Global markets rose Wednesday, with European shares tracking China-led advances in Asia. Oil prices held steady. KEEPING SCORE: Germany’s DAX added 0.4 percent to 12,924.14 and the CAC 40 of France was up 0.2 percent at 5,299.80. Britain’s FTSE 100 was flat at 7,647.71. Standard & Poors 500 futures were up 0.2 percent … Continue reading New Year rally pushes global shares higher; oil retreats

US stock indexes edge higher in light trading, led by tech

U.S/December 28, 2017  (AP)(STL.News) —U.S. stock indexes were up slightly in light trading Thursday morning as technology companies posted more gains. Financial stocks were also moving higher as bond yields and interest rates rose. Retailers were among the big laggards. Energy stocks also fell as crude oil prices veered lower. KEEPING SCORE: The Standard & Poor’s 500 … Continue reading US stock indexes edge higher in light trading, led by tech

Hitching the wagon to bitcoin and hoping for the best

/December 22, 2017 (AP)(STL.NEWS) — What’s in a name? These days, if it’s anything close to “bitcoin,” it’s Wall Street gold. The latest example of a company trying to tie its fortunes to the cryptocurrency craze came Thursday in form of an iced tea maker. Long Island Iced Tea Corp. until this week was known … Continue reading Hitching the wagon to bitcoin and hoping for the best

Bitcoin futures slide after trading debut on CME

NEW YORK /December 17, 2017 (AP)(STL.NEWS) — Another security based on the price of bitcoin, the digital currency that has soared in value and volatility this year, began trading on the Chicago Mercantile Exchange on Sunday. The CME Group, which owns the exchange, opened up bitcoin futures for trading at 6 p.m. EST on Sunday. … Continue reading Bitcoin futures slide after trading debut on CME

Monkey selfies, eclipse, bitcoin, Lauer top Google in 2017

SAN FRANCISCO /December 13, 2017 (AP)(STL.NEWS) — Matt Lauer. Bitcoin. DACA. Monkey selfies. Jeremy Lin’s hair. Do-it-yourself eclipse glasses. Tom Petty’s death. National anthem protests in the NFL. And “Cash Me Outside.” These were some of the people, topics and memes that trended to the top of Google searches in 2017. The search terms reflected … Continue reading Monkey selfies, eclipse, bitcoin, Lauer top Google in 2017

Greek high court to rule on Russian bitcoin suspect’s fate

ATHENS, Greece /December 13, 2017 (AP)(STL) —Greece’s Supreme Court is due to rule whether to allow the extradition of a Russian cybercrime suspect to the United States to stand trial for allegedly laundering billions of dollars using the virtual currency bitcoin. Alexander Vinnik appeared at the Athens court Wednesday amid an ongoing legal battle between … Continue reading Greek high court to rule on Russian bitcoin suspect’s fate

World stocks turn higher as investors eye Fed decision

TOKYO/December 12, 2017 (AP)(STL.NEWS) — World stocks turned higher in European trading hours on Tuesday as investors looked ahead to a slew of central bank decisions, including the Federal Reserve, which was expected to raise interest rates. KEEPING SCORE: Germany’s DAX rose 0.2 percent to 13,146 and the CAC 40 of France gained 0.4 percent … Continue reading World stocks turn higher as investors eye Fed decision

US stocks close modestly higher; S&P 500, Dow hit new highs

December 11, 2017 (AP)(STL.NEWS)–Technology companies led U.S. stocks modestly higher Monday, driving the market to another set of milestones. The Standard & Poor’s 500 index and Dow Jones industrial average finished at new highs. Both indexes also hit record highs on Friday. Solid gains by health care companies also helped lift the market, outweighing losses … Continue reading US stocks close modestly higher; S&P 500, Dow hit new highs

US stocks edge higher in early trading; oil prices rise

December 11, 2017 (AP)(STL.NEWS) — U.S. stock indexes edged higher in early trading Monday as gains in technology and energy companies outweighed losses among makers of packaged foods and other consumer goods. The start of trading in Bitcoin futures helped lift shares in companies that accept the virtual currency. Oil prices rose. KEEPING SCORE: The … Continue reading US stocks edge higher in early trading; oil prices rise