Bitcoin reaches $50.000, open interest hits 26-months high and Kraken reportedly to be custodial for ETF

Bitcoin price reaches $50.000, first time since 2021 The bitcoin price hit $50,000 on Monday, a level last seen on December 28 2021, more than two years ago. The new retest comes despite the Super Bowl disappointing the BTC community on Sunday night as a related commercial was not displayed. Nevertheless, Twitter founder and former […]

MicroStrategy buys 850 BTC, Binance delists Monero and lawsuit Craig Wright started

COPA claims visible forgery in Craig Wright’s bitcoin origin document On the second day of the Craig Wright v. COPA trial, the plaintiff claimed that Wright had forged the date in his infamous “Nakamoto is the Japanese Adam Smith” document. This document is pivotal to the case, as Wright showed it in a video back […]

Both UK and Germany seize billions worth of bitcoin, bitcoin ETF for Global X withdrawn

Britain seized a large amount of bitcoin: worth £1.4 billion London Police have reportedly seized £1.4 billion worth of bitcoin (BTC), believed to have been obtained from a major investment scam in China. This seizure is one of the largest of its kind carried out by law enforcement worldwide. In other developments today, the German […]

FTX dumps $1b worth of GBTC shares, SEC deactivated MFA and 0,34% of crypto transactions were illegal in 2023

FTX’s $1B Grayscale ETF Sale Linked to Major Outflows The now-bankrupt exchange FTX has reportedly offloaded nearly $1 billion of shares in Grayscale’s Bitcoin Trust (GBTC). This massive sell-off revealed through confidential data and anonymous sources, is part of FTX’s ongoing bankruptcy process. The exchange aimed to liquidate its holdings to aid in reimbursing its […]

Bitcoin ETF reach $10b trading volume in three days, new type of funds filed and record interest on Google

U.S. spot bitcoin ETFs reach $10b trading volume in 3 days Since their recent launch in the United States, spot Bitcoin ETFs have achieved a cumulative trading volume of nearly $10 billion within just three days. According to Bloomberg analyst James Seyffart, the standout performer among the spot Bitcoin ETFs is Grayscale’s GBTC, which recorded an impressive three-day […]

Bitcoin ETF not approved, but SEC was hacked, license for BitGo and Strategy ETF reaches $2 billion

SEC’s X account hacked, no bitcoin ETF approval (yet) The financial world was rattled last Tuesday when the official X account of the United States Securities and Exchange Commission (SEC) was hacked to post fake news about the approval of a spot bitcoin exchange traded fund (ETF). This development has raised fresh concerns about whether […]

Bitcoin turns 15 years old, potential split in Ordinal community and miners made $4 billion in fees in one month

Bitcoin celebrates 15th birthday In a momentous celebration for the crypto community, bitcoin marks its 15th birthday today with a surprising green twist on its price chart. The historic significance of Jan. 3 lies in the mining of the first block, known as the “genesis block,” a milestone that reshaped the landscape of digital assets […]

Mt. Gox repayments started, Grayscale CEO resigns and Bitcoin in top 15 currencies

Grayscale updates spot Bitcoin ETF filing amid Silbert’s resignation Crypto asset manager Grayscale has updated its S-3 filing for a spot bitcoin ETF. According to Bloomberg analyst James Seyffart, Grayscale filed an updated filing with the U.S. Securities and Exchange Commission (SEC) the same day Barry Silbert — CEO of parent company Digital Currency Group — announced […]

Senator Warren attacks crypto, Binance to pay $2,7 billion to CFTC and BlackRock meets SEC

Elizabeth Warren calls out crypto’s Washington revolving door Senator Elizabeth Warren has a new target as she takes on the cryptocurrency industry: Its growing army of former defense, national security and law enforcement officials. The Massachusetts Democrat sent letters to Coinbase, the Blockchain Association and Coin Center, two leading industry groups, demanding details on their […]

Coinbase launches spot trading on international exchange, Block introduces BitKey and new FASB rules

International exchange Coinbase to launch spot crypto trading Coinbase said it will begin offering spot crypto trading services on its international exchange on Wednesday as the company expands its base beyond the United States. Spot trading on the company’s international exchange, which is currently geared toward derivatives trading, will roll out in phases starting with […]