Grayscale CEO Michael Sonnenshein Steps Down.
Michael Sonnhenshein – CEO of the world’s largest Bitcoin ETF, Grayscale – has stepped down from his position, according to a company press release on Monday. The report said that…
Fate of Crypto Post Death of Iran Prez in Chopper Crash.
Crypto to Bypass Sanctions against IranFollowing the unfortunate demise of Iran’s President Ebrahim Raisi and his Foreign Minister in a helicopter crash on Sunday evening, there is an eerie calm…
U.S. Bitcoin ETFs Reach $948.3 million in accumulation over five days.
Farside data shows that Bitcoin (BTC) exchange-traded funds (ETFs) accumulated an impressive $948.3 million over five consecutive trading days. This remarkable streak marks the first time such a feat has…
Ontario’s ‘Crypto King’ Arrested in Alleged $30 Million Ponzi Scheme
If found guilty, the ‘Crypto King’ could face a maximum sentence of 14 years in prison.Ontario’s self-styled ‘Crypto King,’ Aiden Pleterski, was arrested and accused of fraud and money laundering…
$25 Million Crypto Heist in 12 Seconds: MIT Siblings Charged with Cyber Fraud.
The MIT brothers could potentially serve sentences over 20 years in prison if found guilty. Two siblings who attended the Massachusetts Institute of Technology (MIT) are now facing allegations of…
Bitcoin Selling Pressure Subsides as Demand Stabilizes.
The fall in bitcoin selling pressure can be seen in the on-chain activity of short-term BTC holders and the balances on over-the-counter (OTC) desks. The price of bitcoin (BTC) has…
Chinese Police Ambush Illegal $1.9 Billion USDT Banking Operation.
The suspects allegedly used USDT to run a foreign exchange payment and settlement business, providing illegal services to cosmetics and drug smugglers. The Chinese police forces have burst a large…
Kraken Wants To Remove USDT From Exchange in Europe due to MiCA rules.
Kraken’s global head of regulatory strategy said listing Tether’s stablecoin is potentially ‘untenable.’ Kraken Global Head of Regulatory Strategy Marcus Hughes said the company is planning for circumstances in which…
Tether ranks 19th globally and holds more US Treasuries than Germany.
Former House Speaker calls for stablecoin regulation as Tether’s treasury holdings support the U.S. dollar’s digital stronghold. Tether reported a massive $4.52 billion profit in the first quarter of the…
Power Law A Way to Forecast when the Bitcoin price will hit $1 million.
Come the bull market, cometh the models to predict the price of Bitcoin. In the last bull market in 2021, the Stock-to-Flow (S2F) model was the flavour of the season.…