Tech

30 January

Long-Term Bitcoin Holders Are Cashing Out—Should You Worry

Bitcoin Holders Are Selling—And That’s a Bullish Signal Why Bitcoin’s Sell-Off Might Be a Setup for the Next Big Rally In the stock market, when long-term investors start selling their holdings, it’s often seen as a warning sign of an impending downturn. However, in the world of cryptocurrency, the opposite is true—historically, large sell-offs by long-term Bitcoin holders have signaled …

30 January

Trump Media Unveils Truth.Fi: A Bold Step into the Fintech Future

In a move that’s set to shake up the financial technology landscape, Trump Media & Technology Group (TMTG) has officially announced the launch of Truth.Fi, its highly anticipated fintech platform. This new venture signals a strategic shift for TMTG, expanding its focus beyond media and social platforms into the rapidly growing fintech sector. Revolutionizing the Fintech Space Truth.Fi is designed …

30 January

Crypto.com Drops Tether’s USDT: A Major Shift in the Stablecoin Landscape

In a groundbreaking move that has sent ripples through the cryptocurrency world, Crypto.com has announced that it will be delisting Tether’s USDT stablecoin from its exchange platform. This decision marks a significant shift in the stablecoin landscape, as USDT has long been one of the most widely traded and used digital assets in the market. What Does This Mean for …

30 January

Tesla’s Bitcoin Boost: $600M Profit Surge After Accounting Rule Shift

In a surprising turn of events, Tesla has seen a massive $600 million boost in its Bitcoin-related profits following a change in accounting rules. The electric vehicle giant, which made headlines in 2021 for its $1.5 billion Bitcoin investment, is now reaping the rewards of a shift in how digital assets are accounted for, further cementing its position as one …

30 January

US SEC Greenlights Canary Capital’s Litecoin ETF: A Major Milestone for Crypto Investment

In a historic move for the cryptocurrency world, the U.S. Securities and Exchange Commission (SEC) has officially approved Canary Capital’s filing for a Litecoin Exchange-Traded Fund (ETF). This marks a major milestone for both Litecoin and the broader crypto investment landscape, as it paves the way for more institutional investors to gain exposure to the digital asset in a regulated …

30 January

Gemini Takes a Stand: Refuses to Hire MIT Graduates Unless University Cuts Ties with Gary Gensler

In an unprecedented move that has shocked both the cryptocurrency and academic worlds, Gemini, the prominent cryptocurrency exchange founded by the Winklevoss twins, has announced that it will no longer hire graduates from the Massachusetts Institute of Technology (MIT) unless the university severs its ties with SEC Chairman Gary Gensler. This bold stance, which mixes corporate policy with academic politics, …

30 January

Top Korean P2P Lender CEO Accused of Misusing Client Funds for Crypto Gamble

The CEO of one of South Korea’s leading peer-to-peer (P2P) lending platforms is under fire following accusations of misusing client funds to invest in cryptocurrencies. Reports suggest that the executive diverted millions of dollars meant for lending operations to speculative crypto trades, raising concerns about financial oversight and consumer protection in the industry. Regulatory Investigation Underway South Korean financial regulators …

30 January

Kaiko Secures Uggla Family Investment: Boosting Crypto Data Innovation

Kaiko, a leading provider of institutional-grade cryptocurrency market data, has secured a strategic investment from the Uggla Family Office. This investment marks a significant milestone for Kaiko as it continues to expand its data services and global reach in the rapidly evolving digital asset landscape. Strengthening Market Data Infrastructure With the backing of the Uggla Family Office, Kaiko aims to …

30 January

French Authorities Launch Money Laundering Probe Into Binance: A Major Setback for Crypto Exchange

In a significant blow to the world’s largest cryptocurrency exchange by trading volume, Binance is now facing a formal money laundering investigation by French authorities. The probe, which marks the latest chapter in a series of regulatory challenges for the platform, could have far-reaching implications for Binance’s operations in Europe and beyond. The Investigation: What We Know So Far French …

30 January

El Salvador Tweaks Bitcoin Laws to Align with IMF Crypto Deal

El Salvador’s Congress has approved amendments to the nation’s Bitcoin laws in a bid to align with an agreement reached with the International Monetary Fund (IMF). The legislative changes aim to address concerns about financial transparency and mitigate risks associated with crypto exposure, particularly for state-owned institutions. Balancing Bitcoin Adoption and Financial Stability Since making history as the first country …