China’s holdings of U.S. Treasuries have fallen to a 15-year low, driven by a preference for less visible accounts and a desire to reduce reliance on the U.S. financial system. Geopolitical Tensions Fuel China’s Treasury Shift The amount of U.S. Treasuries held by China has dropped to its lowest level since 2009. The decline is …
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On Thursday, Ross Ulbricht, the founder of the Silk Road, posted on social media expressing that Roger Ver warrants support and that “no one should spend the rest of their life in prison over taxes.” Ross Ulbricht Rallies Support for Roger Ver After regaining his freedom earlier this year, following Donald Trump’s inauguration and the …
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Crypto firms Bitgo Trust Company, Inc. and Copper have launched a trading model allowing clients to execute spot and derivatives trades on Deribit while assets remain in off-exchange custody, the two companies announced Feb. 20. New Trading Solution Combines Bitgo Custody, Copper Settlement for Deribit Trades The solution enables investors to trade on Deribit, a …
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Charles Hoskinson, founder of Cardano, recalled his experience in Argentina in the wake of the downfall of Libra, the project shared on social media by President Javier Milei. Hoskinson revealed that in his latest trip to the country, third parties tried to monetize access to the president. In a recent livestream, Hoskinson stressed that this …
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With the possibility that XRP, LTC, or SOL exchange-traded funds (ETFs) might be approved by the U.S. Securities and Exchange Commission (SEC), many think the infamous “altcoin season” is just around the corner. At the same time, others insist the market shows no sign of an impending period of rising altcoin prices. Altcoin Season Far …
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The Blockchain Association is urging Congress to support a measure sponsored by Sen. Ted Cruz that aims to overturn the Internal Revenue Service’s decentralized finance broker rule. Broker Rule Threatens U.S. DeFi Leadership The Blockchain Association has urged the U.S. Congress to pass a measure sponsored by Senator Ted Cruz that seeks to “overturn the …
Bitcoin miner MARA Holdings Inc. acquired wind farm in Hansford County, Texas, to power its operations with renewable energy, reduce costs, and extend the life of its application-specific integrated circuit (ASIC) bitcoin mining hardware. Wind Energy Boosts MARA’s Renewable Bitcoin Mining Operations Located in Hansford County, the wind farm offers 240 megawatts of interconnection capacity …
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Some analysts believe Bitcoin’s price action is being negatively affected by various market manipulators. Is there any sense to this accusation?
The head of digital assets research at exchange-traded fund issuer VanEck says Bitcoin (BTC) has more upside potential. In a new interview on the David Lin report, Matthew Sigel says that over the near term, Bitcoin could go up by around 87% from the current level this year if the flagship crypto asset behaves like …
A closely followed crypto analyst says that Ethereum (ETH) will dip down to test its lower boundary before sparking a massive rally to the upside. In a new strategy session, crypto trader Ali Martinez tells his 127,700 followers on the social media platform X that the second-largest digital asset’s best-case scenario has it testing the …
The U.S. Department of Justice (DOJ) says that two Estonian nationals pleaded guilty to operating a massive cryptocurrency Ponzi scheme that defrauded hundreds of thousands of victims from across the globe, including the United States. In a statement, the DOJ says that Sergei Potapenko and Ivan Turõgin sold contracts that entitled their customers to a …
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Laura D’Allaird has been appointed chief of the U.S. Securities and Exchange Commission’s new crypto watchdog, said the SEC in a new announcement. The SEC says the new Cyber and Emerging Technologies Unit (CETU) will replace the old Crypto Assets and Cyber Unit. CETU says it will “combat misconduct” relating to securities in the areas …
Norway’s National Authority for Investigation and Prosecution of Economic and Environmental Crime, or Økokrim, has charged four men for their alleged involvement in a Ponzi scheme that siphoned millions from victims. In a statement, the Økokrim says the modus swindled NOK 900 million ($80.80 million) from thousands of people who joined a multi-level marketing network …
FXGuys’ presale heats up, attracting whales & raising over $4M. With staking, a prop trade funding program, and Trade2Earn, $1 seems inevitable. FXGuys Presale Draws Attention as Investors Bet Big on $1 Target FXGuys has taken the crypto market by storm, with its Stage 3 presale generating massive interest. Priced at just $0.05, FXGuys has …
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Strategy, previously known as MicroStrategy, is pushing ahead with its aggressive Bitcoin accumulation strategy. According to a Feb. 20 statement, the company plans to acquire an additional $2 billion worth of Bitcoin using proceeds from its latest convertible notes offering. At the same time, Japanese firm Metaplanet, a Strategy copycat, has reached a key milestone …
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