Tag: Cryptoslate
Blockchain
US Treasury official targets Tether USDT stablecoin in Russian sanction evasion
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his
Blockchain
United States holds the largest slice of the global bond market pie
Quick Take In 2022, the global bond market reached a staggering $133 trillion in size Interestingly, the United States accounts for a significant portion of this market, with its bond market totaling
Blockchain
Telegram-related Toncoin catapults into top 10 digital assets following hand scanning tech
Toncoin, the native token of The Open Network (TON), surged into the top 10 digital assets by market capitalization amid recent developments within the network TON is a layer-1 blockchain network
Blockchain
Grayscale Bitcoin trust sheds roughly 300,000 BTC since ETF launch
Quick Take Farside data reports that the Bitcoin ETF market experienced a notable shift on Apr 8, with the overall sector recording its first net outflow day since Apr 1, totaling $2238 million The
Blockchain
Only 1% of consumers still think Bitcoin is a passing ‘fad’
Bitcoin and crypto are no longer seen as a fleeting “fad” among consumers — the majority now consider them an integral part of the financial system, Reuters reported on April 8, citing
Blockchain
Bitcoin’s latest rally driven by ‘huge accumulation’
Bitcoin’s (BTC) latest rally was driven by “huge accumulation” as investor appetite remains high despite five days of trading in the red over the past week, according to CryptoQuant
Blockchain
Exploring Bitget: The world’s up-and-coming crypto exchange
Bitget is a rapidly growing cryptocurrency exchange registered in Seychelles that has become the world’s largest crypto copy trading platform Established in 2018, Bitget now serves over 25
Blockchain
BlackRock and Fidelity’s Bitcoin ETFs make history with record streak of inflows
BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Trust (FBTC) have broken another record by becoming two of the top 20 exchange-traded funds with the longest streak
Blockchain
Sora Ventures, Metaplanet bet $6.5 million on Bitcoin to create ‘Asia’s first MicroStrategy’
Metaplanet, a Tokyo Stock Exchange-listed company, announced on April 8 that it has embraced Bitcoin as a core treasury asset In an April 8 statement on social media platform X (formerly Twitter),
Blockchain
Top Chinese mutual funds exploring Bitcoin ETFs via Hong Kong units
Leading Chinese mutual funds are actively exploring Bitcoin exchange-traded funds (ETFs) through their subsidiaries in Hong Kong, with adoption set to kick off within the second quarter once
Blockchain
Investor fervor for Bitcoin ETFs cools despite $646 million weekly surge in crypto funds
Crypto-related investment products continued their upward trajectory, recording inflows of $646 million within the past week, according to CoinShares‘ weekly report This inflow brings the total
Blockchain
Nigerian court orders Binance executive to remain in prison despite not guilty plea
A Nigerian High Court in Abuja ordered that the detained Binance executive Tigran Gambaryan be remanded in prison following the postponement of his bail hearing Gambaryan, a US citizen, pleaded not