Cryptocurrency

Court dismisses Debt Box case without prejudice, imposes over $1.8 million in fines on SEC

The US District Court for the District of Utah has dismissed the SEC’s case against DEBT Box without prejudice and imposed over $18 million in fines against the watchdog for bad faith conduct

Bitcoin ETF Issuers Now Hold A Record 5% Of The Total BTC Supply, Catalyst For A Surge?

New reports have revealed that Spot Bitcoin ETF issuers now hold almost 5% of BTC’s total supply This milestone underscores the growing demand and rapid expansion of Spot BTC ETFs in the

Ethereum Spot ETFs: Report Shows Grayscale Could Keep ETH Price Down With $110M Daily Outflows

A recent market report by research firm Kaiko noted how Grayscale’s Spot Ethereum ETF could have a negative impact on Ethereum’s (ETH) price This is based on the firm’s expectations that

Riot offers $950 million to buyout Bitfarms in hostile takeover amid CEO controversy

Riot Platforms has announced a proposal to acquire Bitfarms for approximately $950 million, reflecting a 24% premium to Bitfarms’ one-month volume-weighted average share price as of May 24

Blackrock’s IBIT Nears Grayscale’s GBTC in Bitcoin Reserves

According to the latest statistics, US spot bitcoin exchange-traded funds (ETFs) experienced ten consecutive days of positive inflows Notably, during a third of those days, Grayscale’s Bitcoin

Bitcoin Inflow To Exchanges At 2016 Levels, Impact On Price Will Be Low Even If Mt. Gox Sells

Bitcoin briefly shot over $70,000 yesterday before plunging below $69,000 to spot rates While there are hints of weakness, one analyst on X notes that inflow to exchanges like Binance and OKX is

Binance Accused Of Illegally Selling Genesis Claims, Implicating $70 Million

According to local media reports, Binance, the world’s largest cryptocurrency exchange, is embroiled in a controversy involving the alleged mishandling of victims’ assets and the

FTX’s Ryan Salame to serve 7.5 years in prison

The US DOJ sentenced former FTX executive Ryan Salame to 90 months, or 75 years, in prison on May 28 The New York Times reported that Salame will surrender on Aug 29 His lawyers aim to have Salame

Chainlink’s Performance Crucial For Altcoin Market, Analyst Suggests Rally Ahead

Chainlink (LINK) has recently been identified as a significant influencer within the altcoin sector Noted by crypto analyst Michaël van de Poppe, LINK’s market movements are increasingly seen

TRON Network Officially Supported By LayerZero

PRESS RELEASE Geneva, Switzerland, May 28, 2024 – The TRON DAO has officially announced LayerZero support for the TRON blockchain, making TRON the second non-EVM chain to be integrated into
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Bitcoin Price Retreats—Key Support Levels in Focus After Reversal

Bitcoin price started a fresh decline from the $95,000 resistance zone BTC is back below $90,000 and might continue to move down Bitcoin started a fresh decline from the $95,000 resistance zone The

White House Crypto Czar Confirms Full Crypto Exit—Slams ‘Indirect Holdings’ Claims

White House Crypto Czar David Sacks sold all his cryptocurrency holdings, including bitcoin and ether, before joining the Trump administration, refuting claims of indirect investments in Bitwise

Will Bitcoin Rise Or Fall Again? QCP Questions Trump-Fueled Rally

Bitcoin surged past $95,000 during low-liquidity trading hours on Sunday after US President Donald Trump made a major announcement The formation of a US Crypto Strategic Reserve, including Bitcoin

‘Just Words’: Arthur Hayes Criticizes US Crypto Strategic Reserve, Cites Funding Concerns

Following US President Donald Trump’s announcement of a Crypto Strategic Reserve, some industry figures have questioned the possibility of its establishment Market watchers have also expressed

Coinbase Whales Behind Bitcoin’s Rally, CryptoQuant CEO Reveals

The founder and CEO of the analytics firm CryptoQuant has pointed out how the latest Bitcoin rally saw buying from the Coinbase exchange whales Bitcoin Coinbase Premium Index Saw A Sharp Green Spike