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Grayscale’s Bitcoin ETF Outflows Surpassed for the First Time
3.4.2024
Cathie Wood’s ARK 21shares Bitcoin ETF experienced a daily outflow of $87.5 million on April 2, marking a historic event as it exceeded Grayscale’s Bitcoin Trust’s outflow for the first time since the introduction of spot bitcoin ETFs in the U.S. Despite this outflow and...
Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class
3.4.2024
Goldman Sachs chief investment officer Sharmin Mossavar-Rahmani, said in an interview with the Wall Street Journal, Bitcoin is not considered an investment asset class, adding "we’re not believers in crypto.”
The post Goldman Sachs CIO Says Bitcoin Is Not an Investment Asset Class appeared...
Arkon Energy Strikes Deal With Bitmain for 27,700 Bitcoin Mining Rigs
3.4.2024
On Tuesday, the Ohio-based bitcoin mining and colocation company Arkon Energy announced its procurement of 27,700 bitcoin mining rigs from Bitmain, equaling a hashpower of 6 exahash per second (EH/s). Ohio’s Arkon Expands Mining Fleet With 6 EH/S Boost From Bitmain Arkon Energy has revealed...
Hokkoku Bank Launches Tochika, Japan’s First Deposit-Backed Stablecoin
3.4.2024
Hokkoku Bank, a regional financial institution in the Ishikawa prefecture, launched Tochika, Japan’s first deposit-backed stablecoin. Customers of the bank will be able to purchase the currency using Tochitsuka, an app developed by Digital Platformer, that previously allowed users to earn...
Bithumb Korea Posts Disappointing Financial Figures – Despite Bumper Transaction Volumes
3.4.2024
Bithumb Korea, the operator of the Bithumb crypto exchange, has reported a year-on-year decline in profitability for the Financial Year 2023, despite recent upturns in trading volumes.
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What a Judge Said About the SEC's Suit Against Coinbase
3.4.2024
Coinbase and Custodia both lost early and preliminary court fights. The Coinbase loss was more or less expected – companies rarely win much on a motion for judgment at such an early stage – but still pretty enlightening
Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank
3.4.2024
Russian crypto exchange transactions amounted to almost $52 billion in 2023, the nation’s Central Bank has revealed.
The post Russian Crypto Exchange Transactions Worth $52B Last Year – Central Bank appeared first on Cryptonews
Singapore Imposes New Rules for Digital Payment Token Services
3.4.2024
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has announced amendments to the Payment Services Act to impose additional requirements on digital payment token service providers and broaden the scope of regulated services. The central bank warned that entities that do...
Top Crypto Gainers Today on DEXScreener – HashAI, SOLIDX, SUSAN
3.4.2024
As blue-chip crypto markets swoon on Tuesday, traders hunting for top crypto gainers today are flocking to the on-chain shitcoin/meme coin markets in the hope of securing quick 10x gains.
The post Top Crypto Gainers Today on DEXScreener – HashAI, SOLIDX, SUSAN appeared first on Cryptonews
Crypto.com Expands Into South Korean Crypto Market
2.4.2024
Cryptocurrency trading platform Crypto.com is entering the South Korean crypto market with its app launch. “We spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South...
Best Crypto to Buy Today April 2 – Ethena, Litecoin, Bitget Token
2.4.2024
On a day where blue-chip crypto markets are trading with a bearish bias, investors are scouring altcoin markets for strong performers that could be the best crypto to buy today.
The post Best Crypto to Buy Today April 2 – Ethena, Litecoin, Bitget Token appeared first on Cryptonews
SEC Commissioner Hester Peirce Calls Out SAB 121, Claims Agency is “Scaring People Off”
2.4.2024
SEC Commissioner Hester Peirce criticized her own agency and its controversial staff accounting bulletin, SAB 121, during Tuesday remarks at the Practicing Law Institute’s 2024 SEC Speaks event. Peirce's dissidence marks the latest dissatisfaction with the SEC's leadership, with the federal agency...
Memes to Millions: The Tax Implications of Sudden Crypto Wealth
2.4.2024
Polygon CEO: L3s Might Represent a Threat to Ethereum’s Security
2.4.2024
Marc Boiron, CEO of Polygon, an Ethereum-compatible sidechain scaling solution, gave his take on the rise of Layer 3 (L3) scaling structures in the Ethereum ecosystem. According to Boiron, L3s only take value away from Ethereum’s chain and concentrate it in their corresponding base...
France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services
2.4.2024
AMF issued a circular on the supervision and issuance of virtual assets in the country, with BITGET on the list of those that offer crypto investments through unauthorized entities.
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Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...
Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally
2.4.2024
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows
Goldman Sachs Clients Not Interested in Crypto, Says Chief Investment Officer: WSJ
2.4.2024
Goldman Sachs, nowadays one of the few Wall Street banks to do so, isn’t backing away from its negative stance against crypto, as it doesn’t see the value of the asset itself
Crypto Venture Capital Firm Paradigm Looking to Raise Up to $850M for New Fund: Bloomberg
2.4.2024
The VC is looking to raise between $750 million and $850 million, Bloomberg reported citing source familiar
Crypto Organizations Rally for Bitcoin Emoji, Seek 50,000 Signatures to Convince Unicode
2.4.2024
Over 35 cryptocurrency entities, spearheaded by Nexo, have initiated a campaign to introduce a bitcoin emoji, uniting more than 170 million community members in the process. Campaign for Official Bitcoin Emoji Gains Momentum In a push for digital culture recognition, Nexo, alongside more than...