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Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report
14.2.2024
A few years ago, bitcoin {{BTC}} became a popular means to conduct illegal transactions to support a booming global business in the smuggling and exploitation of people, according to an analysis released Tuesday by the U.S. Department of the Treasury
28.2% of Data Requests Originated from U.S. Agencies in 2023, Kraken Says
13.2.2024
Crypto exchange Kraken published a report today detailing the data requests it received from official bodies last year. In a blog post, the exchange revealed that it had received a total of 4923 data requests in 2023, with U.S. agencies accounting for 1393 of those requests. Stay in-the-know with...
CPI Report Triggers Market Tumble: Stocks and Crypto Decline as Inflation Concerns Mount
13.2.2024
On Tuesday, the U.S. Bureau of Labor Statistics released its Consumer Price Index (CPI) report, indicating a 0.3% rise in January. Following the release, all three major stock indices experienced a decline, Treasury yields climbed, and crypto assets took a hit, moving downward from their recent...
Historic Inflows: Spot Bitcoin ETFs Attract Over $1 Billion in a Single Week
13.2.2024
The recent US SEC-approved Bitcoin ETFs collectively netted $1.1 billion in inflows last week, according to a new report by European crypto asset manager CoinShares. Total inflows into spot Bitcoin ETF products now amount to $2.8 billion since they hit the market on January 11. Institional hoarding...
New Report Suggests The Games Industry Is Failing LGBTQ Players
13.2.2024
I’ve known that representation in games mattered ever since that day in 1987 when I finished Metroid and discovered that intergalactic bounty hunter Samus Aran was that rarest of things (for the time): a cool female video-game protagonist. I loved playing as Mario, or Link, or any intrepid hero...
CoinShares Records $42 Million Revenue in Q4 2023 – Crypto Adoption Rising?
13.2.2024
Digital assets management firm CoinShares reported $42 million in revenues and gains in the last quarter of 2023 following a positive swing in the market. The company disclosed the recent financial statements in its Q4 2023 report, showing an increase in year-on-year performance and adoption...
Singapore’s Web3 Firms Call for Budget Support to Boost Talent and Security
13.2.2024
With the 2024 Budget announcement on the horizon, Singapore’s web3 community is voicing a critical need for government support. According to a recent report by The Straits Times, the Singaporean firms are specifically looking for help in two key areas: developing a skilled talent pool...
Report: Spot Bitcoin ETFs Lead Crypto Investment Surge With Record Inflows
13.2.2024
In a recent turn of events, spot bitcoin exchange-traded funds (ETFs) emerged as the market leaders in the realm of cryptocurrency investment products last week. According to a recent report by Coinshares, these funds attracted $1.1 billion in inflows, marking the highest assets under management...
Argentina Tops Latin America in Stablecoin Purchases and Holdings: Report
13.2.2024
Argentina, a nation grappling with a severe economic crisis and a plunging peso, has emerged as the leading purchaser and holder of stablecoins in Latin America over the past six months, as per a report by Mexican-founded crypto exchange Bitso. Bitso’s recently published ‘Crypto...
Digital Asset Investment Funds Record $1.1 Billion Inflows as AUM Taps $59 Billion
12.2.2024
Digital asset investment products recorded $1.1 billion in inflows in the last seven days following a price uptick in the market. A new CoinShares Digital Asset Funds Flow Weekly Report shows a positive swing in cryptocurrency products for another week as crypto prices record massive weekly gains....
Spot Bitcoin ETFs Outpace MicroStrategy Holdings, Marking Significant Market Movement
12.2.2024
An unprecedented shift in the cryptocurrency market occurred on Monday as nine traditional asset management firms surpassed MicroStrategy’s Bitcoin holdings through spot Bitcoin ETFs, a report by HODL15Capital confirmed. Institutional investors are rapidly accumulating Bitcoin, marking...
Bitcoin Halving 2024 — Grayscale Study Reveals Unprecedented Market Evolution
12.2.2024
According to the latest data, the countdown to the Bitcoin network’s halving event shows fewer than 10,000 blocks from becoming a reality. Further analysis suggests that the halving is anticipated to take place between April 19 and April 21, 2024, reducing the block rewards from the existing...
Report: Xbox Boss Tells Staff It Will Continue To Make Consoles
12.2.2024
A new report claims Xbox boss Phil Spencer told employees that Microsoft has no plans to exit the console business. This comes during a large online firestorm around Xbox and its future following rumors that some big exclusives might land on PlayStation 5. Read more
Philippines Rules Out Blockchain for Wholesale CBDC Seen Likely by 2026: Report
12.2.2024
The country's central bank does not plan on issuing a retail version of the digital currency
Bitcoin Represents 53% of Clients’ Portfolio Holdings in LatAm: Bitso
12.2.2024
Bitcoin (BTC) makes up 53% of user portfolios in Latin America, reveals crypto exchange platform Bitso’s latest Crypto Landscape report. “By the end of 2023, Bitcoin represented 53% of clients’ portfolios in Latin America,” the platform noted. Source: Bitso In the face of economic turbulence...
Bitcoin Price’s Potential Surge to $112K Fueled by ETF Inflows: CryptoQuant
12.2.2024
Bitcoin price could reach a new all-time high of $112,000 under the influence of significant inflows into spot Bitcoin exchange-traded funds (ETFs). According to a recent report by CryptoQuant, the potential peak of $112,000 for Bitcoin’s price hinges on continued buying pressure from...
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
12.2.2024
The country's Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it
Ripple-Owned Metaco Loses its CEO and Chief Product Officer: Report
12.2.2024
Swiss cryptocurrency custody firm Metaco’s CEO Adrien Treccani and chief product officer Peter DeMeo have left the company, according to a CoinDesk report. In the meantime, no acting CEO has been named. During press time a Metaco spokesperson was unavailable to comment further on the report. Ripple...
Report: Crypto Ads Sideline in Super Bowl LVIII Despite Recent Bitcoin ETF Launches
11.2.2024
Following a wave of cryptocurrency ads securing airtime for promotions during the 2022 Super Bowl, the subsequent year witnessed an absence of crypto entities airing commercials in the event. The trend is set to continue into 2024, as highlighted by a recent analysis on the subject. Although...
Glassnode Study Signals High-Risk Bitcoin Regime, Hints at Early Bull Market Stage
10.2.2024
In the wake of the market’s recovery from the FTX collapse, a notable shift has occurred, pushing bitcoin into a high-risk regime, as indicated by the onchain analysis firm, Glassnode. The firm’s latest report notes that this regime typically signals a pivotal phase often preceding...