Bitcoin is soaring, and short-term holders are here for the ride

Bitcoin (BTC) witnessed a notable price surge in the past week, climbing well above the previously coveted $30,000 mark. The sharp increase affected all market participants, especially the short-term holders. These are... Read more »

Understanding the phenomenon of Base

Base publicly launched its mainnet just over two months ago, and the launch was phenomenal. Despite the bear market, it demonstrated exponential growth in just over two weeks. Now that the hype... Read more »

Tether supply reaches unprecedented $84 billion amid ETF-driven Bitcoin rally

Tether’s (USDT) stablecoin supply has reached an unprecedented milestone, surpassing $84 billion for the first time. Data from CryptoSlate shows that USDT market capitalization has increased by around $1 billion during the... Read more »

BlackRock could ‘seed’ spot Bitcoin ETF by the end of October, filing suggests

BlackRock may soon contribute seed funding to its iShares spot Bitcoin (BTC) exchange-traded fund (ETF), according to Bloomberg analyst Eric Balchunas Oct. 23. Balchunas noted that recent filings suggest that BlackRock intends to... Read more »

Crypto community accuses WSJ of exaggerating Hamas crypto funding by 99%

Crypto community members have accused The Wall Street Journal (WSJ) of publishing misleading information about Hamas crypto-related funding. On Oct. 10, WSJ reported that Hamas had acquired approximately $90 million in cryptocurrency... Read more »

DeFi Education Fund files amicus brief over financial privacy concerns in IRS case

In a landmark case that marks the first opportunity for the U.S. Supreme Court to weigh in on the Fourth Amendment rights of cryptocurrency users in the context of IRS investigations, the... Read more »

Morgan Stanley believes crypto winter is over, Bitcoin halving will kick off new bull run

Wall Street giant Morgan Stanley believes that crypto winter is over, and Bitcoin’s next halving will kick off a new bull run as it has in the past. In a recent report... Read more »

Runtime Verification launches universal ZK rollup PI Squared on MultiversX

Runtime Verification, an Illinois-based security audit firm, unveiled a universal zero-knowledge (ZK) rollup ‘PI Squared’ during the third day of the xDay conference organized by MultiversX. PI Squared leverages the MultiversX blockchain... Read more »

Hong Kong to crack down on crypto money launderers in the aftermath of $193M JPEX scandal

Hong Kong’s Customs and Excise Department is looking to tighten regulatory measures to address the money-laundering risks associated with cash-for-crypto shops, South China Morning Post reported on Oct. 21. The decision comes... Read more »

FBI charges six individuals in multimillion-dollar Bitcoin money-laundering scheme

The Federal Bureau of Investigation (FBI) has charged six individuals in connection to an unlicensed money-transmitting business involving crypto as a money laundering tool. Court filings dated Oct. 18 indicate that the... Read more »