Tag: Cryptoslate

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Weak euro fuels Bitcoin’s standout performance in Eurozone

BTCUSD, BTCGBP, and BTCEUR are the most traded Bitcoin pairs, each reflecting the interaction between Bitcoin and the specific economic environment of their underlying currencies Analyzing their

US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders

Spot Bitcoin exchange-traded funds (ETFs) have reached an impressive benchmark, crossing $100 billion in net assets According to SoSoValue data, this achievement represents 54% of Bitcoin’s

FTX on track to rollout repayment plan in January 2025

FTX and its affiliated debtors announced they are on track to implement their Chapter 11 Plan of Reorganization by Jan 2025, which will set distributions for creditors and customers  According to

US court strikes down controversial SEC ‘dealer’ rule

A federal court has struck down the Securities and Exchange Commission’s (SEC) controversial dealer rule, delivering a major setback to the agency’s regulatory efforts in the crypto

Galaxy Digital CEO Mike Novogratz says Bitcoin reaching $100,000 is ‘just the start’

Galaxy Digital CEO Mike Novogratz believes Bitcoin (BTC) hitting the monumental $100,000 mark is “just the start” for the flagship crypto Novogratz’s comments come as Bitcoin registers a

Trump eyeing former CFTC chair Chris Giancarlo for White House ‘crypto czar’ role

Former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo, known as “Crypto Dad,” has emerged as the leading candidate to become the first White House “crypto

Trump’s Crypto Advisory Council to setup promised Strategic Bitcoin Reserve – Report

President-elect Donald Trump’s proposed “Crypto Advisory Council” is expected to establish his promised “Strategic Bitcoin Reserve,” Reuters reported on Nov 21, citing

SEC Chair Gary Gensler to step down on Jan. 20

Gary Gensler will step down from his role as the US Securities and Exchange Commission (SEC) Chairman on Jan 20, 2025, the same day as President-elect Donald Trump takes office, according to a

CFPB spares self-hosted crypto wallets from new fintech regulations

The Consumer Financial Protection Bureau (CFPB) has finalized a landmark rule expanding its oversight to fintech payment apps but notably excluding self-hosted crypto wallets, according to a Nov 21

Polygon’s Sandeep Nailwal warns memecoin rug pulls like QUANT may invite regulatory crackdown

Sandeep Nailwal, the Ethereum layer-2 network Polygon co-founder, has voiced concerns that the growing trend of memecoin scams could attract regulatory scrutiny Nailwal highlighted these risks in a

Cryptocurrency clarified to be personal property in China, remains barred for businesses

A recent ruling by the Shanghai Songjiang People’s Court has clarified that owning cryptocurrencies is not illegal in China The Nov 18 judgment established that digital assets have

South Korea links major crypto heist to North Korea, recovers Bitcoin

South Korean authorities have successfully recovered 48 Bitcoin (BTC), which was linked to the 2019 hack of the Upbit exchange, local media outlet Yonhap News reported on Nov 21 The incident, in