Wall Street's embrace of bitcoin will help boost the cryptocurrency, trader says

Wall Street's embrace of bitcoin will help boost the cryptocurrency, trader says. 2 Hours Ago. Dominic Chu reports that NYSE parent company ICE plans to offer bitcoin swap contracts. And FM Trader Brian Kelly looks and what the Street's embrace of the cryptocurrency will mean in the long run.
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US Bitcoin Trader Convicted for Illegal Money Transmission and Laundering (news.bitcoin.com)

The U.S. government has been cracking down on individuals utilizing the peer-to-peer platform Localbitcoins. This week an Arizona resident named Thomas Costanzo was convicted for money laundering tied to over $ 164,000 worth of cryptocurrency trades.
Also Read: Arizona Localbitcoins Trader Detained by U.S. Homeland Security


Criminal Bitcoin Trader Found Guilty of Money Laundering in Arizona

Though many convicted criminals serve time and receive help reforming, for one Bitcoin trader, his record continues to grow from felony marijuana charges to money laundering. First reported by CCN earlier as an “unlicensed money transmitting business,” it appears as though Thomas Mario Costanzo, …
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Markets Update: Trader Sentiment Optimistic But Signals Still Unclear (news.bitcoin.com)

Cryptocurrency markets are bouncing around in value over the course of the weekend as the entire crypto-market capitalization currently rests at $ 329 billion USD. BTC/USD markets briefly jumped above the $ 9K region on Sunday, March 25 but dropped an hour later to a low of $ 8,398. Most of the digital currencies within the crypto-economy have followed suit with BTC as most coins have lost 3-5 percent in value during the late night (EDT) trading sessions.
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Bitcoin trader charged with money laundering in unusual case testing digital currency

A prolific bitcoin trader has been charged with money laundering in an unusual San Diego federal case. Morgan Rockcoons, 30, was arrested Feb. 9 at the Palms Hotel in Las Vegas where he'd been staying, according to court records. He is accused of selling bitcoin to an undercover agent who posed …
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