Electric car manufacturer Tesla has consistently been one of the crypto industry’s biggest public supporters, with customers able to purchase cars using DOGE. The company is also one of the largest corporate holders of Bitcoin, typically ranking in the top five by portfolio size. However, after analysts picked up on transactions tied to Tesla’s wallets, […]

Gary Gensler’s most recent public appearance on Bloomberg kick-started (admittedly sarcastic) speculation that the SEC Chair might actually be a huge Bitcoin fan. The controversial regulatory leader wished Bitcoin’s whitepaper a “happy sweet sixteen” as the market enters a new era of maturity. Despite the nice sentiment, Gensler backed up the SEC’s tactic of regulation […]

The former CEO of Aussie crypto exchange, Mine Digital, has been charged with fraud by the Australian Securities and Investment Commission. The charges relate to a specific AU $2m+ transaction, where a customer deposited the funds in order to purchase Bitcoin. Rather than buy BTC, it’s alleged Mine Digital’s CEO instead used the funds to […]

Bitcoin recently fell 2.4% but continues trending towards US$70k. Open interest in Bitcoin futures has reached a new all-time high of US$40.38 billion, signalling strong bullish sentiment. Despite potential short-term volatility, long-term market conditions and macroeconomic factors support sustained Bitcoin growth. Bitcoin has just experienced a minor pullback, dropping 2.4% since yesterday. The minor correction […]

ApeCoin (APE) has risen 103% to US$1.57, reversing a decline from its high of US$39.40 in March 2022. The spike comes after ApeChain, linked to the Bored Ape Yacht Club, went live. Staking features on ApeChain have significantly driven up APE’s price, according to Markus Thielen from 10x Research. The revival of APE’s popularity is […]

Bitcoin and other cryptocurrencies see notable gains, boosted by record inflows into Spot Bitcoin ETFs totalling over US$2.1 billion last week. BlackRock’s IBIT stands out, contributing more than half of the inflows. Monday recorded the highest daily inflow for the ETFs, with significant contributions from Fidelity’s FBTC and Bitwise’s BITB. The rapid growth of Bitcoin […]

The US SEC has granted “accelerated approval” for 11 ETFs to list and trade options linked to spot bitcoin prices on the New York Stock Exchange.  This follows the SEC’s earlier approval of bitcoin ETFs, such as the Fidelity Wise Origin Bitcoin Fund and ARK21Shares Bitcoin ETF.  The new index options offer institutional investors and […]

The decentralized finance (DeFi) platform Radiant Capital (RDNT) is working with US law enforcement to freeze stolen assets after suffering a $50 million hack earlier this week. Hackers cracked multiple developers’ hardware wallets “through a highly advanced malware injection,” according to a post-mortem published by Radiant. “The devices were compromised in such a way that […]

Chainalysis’ 2024 report indicates North America accounts for 22.5% of global crypto activity, driven by institutional investments and US Spot Bitcoin ETFs. The report ranks countries by their crypto transaction volumes, adjusting for economic disparities through GDP per capita comparisons. Central & Southern Asia and Oceania are prominent in crypto adoption, with India leading globally […]

A 25-year-old Alabama man has been charged with conspiracy to commit aggravated identity theft following the January 9th hack of the SEC’s Twitter account. The compromise, which occurred just prior to the official approval of spot Bitcoin ETFs, led to a fake post greenlighting the trading of these assets. The fake tweet resulted in Bitcoin’s […]