VanEck CEO foresees Bitcoin hitting $350k as regulators begin quantitative easing
Jan Van Eck, CEO of the $107 billion asset manager VanEck, has predicted that Bitcoin could rally to $350,000 per...
Month: August 2024
Genesis begins distributing $4 billion in assets to creditors, creates legal fund to sue DCG, others
Genesis has finalized its restructuring process and started distributing roughly $4 billion in digital assets and US dollars to creditors,...
Morgan Stanley first in Wall Street to authorize spot Bitcoin ETFs for wealthy clients
Morgan Stanley will be the first major Wall Street bank to permit its financial advisors to offer spot Bitcoin exchange-traded...
State Duma Financial Market Committee Leader Envisions Bitcoin and Digital Ruble Exchanges
Anatoly Aksakov, chairman of the Financial Market Committee of the State Duma, the Russian equivalent to the U.S. House of...
DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes
The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal...
Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions
Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and...
Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024
Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of...
El Salvador’s Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation
Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances...
Bybit Exits French Market Amid Regulatory Pressures
Cryptocurrency exchange Bybit has announced its exit from the French market, citing increasing regulatory pressures from French authorities. The Autorité...
Trump floats paying off $35T national debt using Bitcoin
The United States government is adding $1 trillion to the national debt approximately every 100 days, sparking fears of runaway...
Why are memecoins down today?
Memecoins underperform the wider crypto market after double-digit weekly losses surpass the sell-off in BTC and ETH.
Ethereum futures open interest hits 19-month high, yet ETH price weakness intensifies
Ethereum derivatives metrics show increased activity, indicating higher interest but not necessarily a bullish trend.
French regulator accepting CASP applications ahead of MiCA rollout
The AMF is giving firms registered under its current DASP rules ample time to transition, too.
Stablecoin Market Cap Rises in July for 10th Consecutive Month, Hitting Highest Point Since April 2022: CCData
Stablecoins are on the rise, according to a crypto data firm. The platform CCData notes in a new report that...
Large-Cap Ethereum Rival Forming a Bullish Pattern That Could See It Surge by up to 63%, Says Crypto Trader
A closely followed crypto analyst says that one prominent Ethereum (ETH) competitor is gearing up to spark a rally. In...