FTX and US CFTC Reach $12.7 Billion Settlement.
CFTC did not pursue a civil monetary penalty, allowing the full $12.7 billion to be allocated for repaying FTX’s creditors. Bankrupt cryptocurrency exchange FTX and the U.S. Commodity Futures Trading…
Chinese business Magnate convicted in US for $1 billion fraud scheme.
Guo Wengui, an exiled Chinese businessman and a close ally of Donald Trump associate Steve Bannon, was convicted on nine counts, including racketeering and wire fraud.He was arrested in 2023…
Ripple Contributes $1 Million to Unseat Elizabeth Warren.
The Massachusetts Senate race sees digital asset investors rallying behind industry supporter John Deaton against anti-crypto Elizabeth Warren. Ripple has contributed $1 million to back XRP advocate John Deaton in…
Spot Ethereum (ETH) ETFs Set to Launch Within a Week, According to Industry Sources.
The SEC’s approval for spot Ether ETFs hinges on final document submissions, with a simultaneous launch for all eight applicants expected. According to a Reuters report, three industry sources indicate…
Musk to Donate $45 million per month to Trump Super PAC.
Musk’s pivot, spurred by Trump’s embrace of Bitcoin donations, aligns tech giants with political strategy, amplifying voices like Palantir’s Joe Lonsdale and Sequoia’s venture capitalists. Elon Musk, a prominent figure…
US spot bitcoin ETFs see $300 million inflows on seventh consecutive day of positive flows
BlackRock CEO Larry Fink said in a recent interview that bitcoin has become a “legitimate financial instrument.” The 11 spot bitcoin exchange-traded funds in the U.S. reported a daily net…
Bitcoin’s Weekend Recovery Doesn’t Mean the Downturn Is Over: Bitfinex
The market is currently in a news-driven environment where the prices of cryptocurrencies have been determined by news agenda rather than fundamentals. Bitfinex analysts have warned crypto investors to be…
BlackRock CEO Explains Why He’s No Longer A Bitcoin Skeptic.
Larry Fink now views Bitcoin as an opportunity to invest “outside your country’s control.”BlackRock CEO Larry Fink spoke on Monday on why he was wrong to be a skeptic on…
Metaplanet Expands Bitcoin Holdings with $2.4 Million Purchase.
After the latest acquisition, Metaplanet now holds a total of 203.7 BTC, purchased at an average price of approximately $62,000 per BTC. Metaplanet, an investment firm based in Japan, has…
Forbes: Argentina Leads Key Crypto Adoption Metric in Western Hemisphere.
With Peso inflation rates at 276% in the past year, 2.5 million of the 130 million users on top crypto exchanges are Argentinians. According to Forbes data, Argentina currently has…