US-based spot Bitcoin exchange-traded fund (ETF) holders are showing relatively firm conviction despite a four-month Bitcoin downtrend, according to ETF analyst James Seyffart. “The ETFs […]
Category: crypto World WIde
Feds Crypto Trace Gets Incognito Market Creator 30 Years
The creator of Incognito Market, the online black market that used crypto as its economic heart, has been sentenced to 30 years in prison after […]
Startale, SBI launch Strium for institutional FX, RWA trading
Startale Group and Japan’s financial conglomerate SBI Holdings have launched Strium, a layer-1 blockchain designed to support exchange-layer and settlement infrastructure for institutional trading of […]
CFTC Pulls Proposal Banning Sports Prediction Markets
The US Commodity Futures Trading Commission has withdrawn a Biden administration-era proposal that would have banned sports and political prediction markets, some of the most […]
Kyle Samani leaves Multicoin in ‘bittersweet moment’ to explore new tech
Multicoin Capital’s co-founder, Kyle Samani, said he is stepping down as managing partner of the crypto investment firm after 10 years in the industry. Samani […]
CME Group Weighs Issuing Proprietary Token for Collateral and Margin
Chicago-based derivatives exchange CME Group is weighing the launch of its own digital token as it explores how tokenized assets could be used as collateral […]
$2.9B Bitcoin ETF Outflow, Bearish Futures Data Project More BTC Downside
Key takeaways: Heavy outflows from Bitcoin exchange-traded funds and massive liquidations show that the market is purging highly leveraged buyers. Bitcoin options metrics reveal that […]
Telegram’s Durov Sounds Alarm About Spain’s Online Age Verification law
Pavel Durov, the co-founder of the Telegram messaging platform, sounded the alarm about the Spanish government’s plan to usher in online age verification and restrict […]
$55B in BTC Futures Positions Unwound In 30 Days: Will Bitcoin Recover?
Bitcoin’s (BTC) struggle to hold above $70,000 carried on into Wednesday, raising concerns that the a drop into the $60,000 range could be the next […]
US Treasury Has No Authority To ‘Bail Out’ Bitcoin
The comments came during Bessent’s Congressional testimony on Wednesday in a tense exchange with California Representative Brad Sherman. United States Treasury Secretary Scott Bessent testified […]