Charles Schwab is reportedly creating a new executive position as the financial service giant expands its tentacles into the crypto assets investment space. The new position, head of digital assets, will be responsible for Charles Schwab’s overall crypto assets strategy, reports Barron’s. Joe Vietri, a former head of the branch network at the financial services …
Monthly archives: February 2025
Did Jack Dorsey Create Bitcoin? VanEck Analyst Details ‘Compelling’ Connections Between Tech Mogul and Satoshi
VanEck’s head of digital asset research says he holds a “strong belief” that Twitter founder Jack Dorsey is the pseudonymous creator of Bitcoin (BTC), Satoshi Nakamoto. Clarifying that his opinion is not necessarily shared by VanEck itself, Sigel says the evidence linking Dorsey to Satoshi – which he says includes “uncanny” coincidences and patterns – …
West Virginia Senator Introduces Bill That Allows State To Invest 10% of Reserves in Digital Assets
A West Virginia lawmaker recently introduced a bill that, if passed, would enable the state government to invest up to 10% of public funds into Bitcoin (BTC), stablecoins and/or precious metals. Senate Bill 465 would greenlight the Board of Treasury Investments of West Virginia to invest in crypto assets with market caps of more than …
$1,200,000,000 in Crypto Sent to FTX Creditors Through Kraken and Bitgo: Arkham
Creditors have begun receiving funds from the estate of bankrupt crypto exchange FTX, on-chain data shows. According to a new post on the social media platform X, blockchain analytics firm Arkham spotted the distributions going through Bitgo and US-based crypto exchange Kraken. “FTX USERS RECEIVING FUNDS Users with FTX claims of under $50,000 have started …
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Trader That Called 2022 Market Crash Predicts Big Correction for Bitcoin, Ethereum and Solana Before Massive Rallies
A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value. However, he suggests …
Bank of New York Mellon Holds $13,280,431 Worth of Bitcoin (BTC) Exchange-Traded Funds: SEC Filing
The Bank of New York Mellon (BNY) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). The bank’s holdings include 115,108 shares of WisdomTree Bitcoin Fund (BTCW) worth about $11.87 million and 25,309 shares of BlackRock’s iShares Bitcoin Trust (IBIT) worth about $1.4 million, according to a new filing …
Tether co-founder backs new yield-bearing decentralized stablecoin
Reeve Collins, one of the original architects behind Tether USD (USDT), is backing a new yield-bearing stablecoin project called Pi Protocol. Collins co-founded Tether alongside Brock Pierce and Craig Sellars and served as its first CEO from 2013 to 2015. According to a Bloomberg News report, the decentralized stablecoin will launch in the second half …
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FTX creditors begin receiving $1.2 billion in payouts with interest on Kraken
Creditors of the defunct crypto exchange FTX have begun receiving their initial payouts in their Kraken accounts, marking a major milestone in the company’s ongoing bankruptcy proceedings. Claimants with approved amounts under $50,000 are receiving full reimbursements, plus 9% annual interest accrued since FTX filed for Chapter 11 bankruptcy in November 2022. Screenshots shared online …
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Bitcoin and gold draw closer as correlation with dollar and equities weakens
What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: …
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Fold Goes Public on Nasdaq Tomorrow—Bitcoin Finance Enters New Era
Fold is set to make history as the first bitcoin financial services company to go public, trading on Nasdaq after completing a SPAC merger. Fold Hits Nasdaq Tomorrow—Bitcoin Finance Gets Its Moment Fold Holdings Inc. announced on Feb. 18 that it will debut on Nasdaq, making history as the first bitcoin financial services company to …
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Russian energy giant Rosseti faces $14.2 million loss from illegal crypto mining
Russian energy provider Rosseti reportedly saw a significant financial hit due to illegal crypto mining in 2024, with losses amounting to approximately 1.3 billion rubles ($14.2 million). On Feb. 18, local media outlet Tass reported that Rosseti said these losses stem from unauthorized electricity consumption across multiple regions, with the North Caucasus Grid alone accounting …
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TRON Builders League Launches with $10M in Funding to Accelerate Ecosystem Growth
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, February 18, 2025 – TRON DAO is excited to announce the launch of the TRON Builders League (TBL), an incubator program designed to support builders with funding, guidance, and opportunities for sustained growth– ensuring …
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Rising ‘share-seed-phrase’ scam targets crypto holders, Binance CEO warns
Binance CEO Richard Teng has warned the crypto community about a rising scam called “share-seed-phrase.” In a Feb. 18 post on X, Teng revealed that fraudsters use this deceptive tactic to manipulate victims into transferring funds to wallets controlled by them. How the scam operates In a blog post, Binance explained that the scammers impersonate …
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Tether bids for control of South America’s 1 million MWh renewable energy company Adecoagro
Tether is moving to expand its ownership in Adecoagro, a South American agribusiness and energy company. According to a Feb. 18 statement, the stablecoin issuer submitted a non-binding proposal on Feb. 14, offering to purchase the remaining common shares of the agribusiness at $12.41 per share. If approved, this acquisition would raise Tether’s stake from …
The illusion of Bitcoin’s decline arises as protocol-driven transaction collapse distorts on-chain valuation signals
What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: …