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…
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.…
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…
Australian Admits Role in BitConnect Ponzi Scheme Promotion.
An individual from Australia has admitted his role in promoting cryptocurrency lending services linked to the now-defunct BitConnect crypto exchange. BitConnect was notorious for allegedly operating as a Ponzi scheme…