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…
Bitcoin Network Sees Lowest New Addresses Created Since 2018.
Bitcoin (BTC) network activity has significantly declined in the creation of new addresses, hitting its lowest point since July 2018. Despite this, though, BTC is trading around $67,000 after gaining…
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…
$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…
TON Outperforms Bitcoin by 118% in 2024, Setting Itself Apart from Other Layer 1s.
TON is slowly capturing the Layer 1 market share with a notable performance so far.TON has emerged as one of the top-performing Layer 1 blockchains in 2024, according to the…
This is How Much Bitcoin (BTC) El Salvador Has Mined Using Volcanic Energy.
Adding the 474 BTC mined since 2021 to the number of bitcoins El Salvador has purchased, the country now holds 5,750 BTC. Since 2021 when El Salvador began validating Bitcoin…