Crypto Winter Deepens In India As Financial Intelligence Targets Binance, KuCoin
The Financial Intelligence Unit of India (FIU IND) has taken a significant regulatory step by issuing compliance show cause notices to nine major offshore Virtual Digital Assets Service Providers (VDA SPs). These notices are in response to the entities’ alleged…
“Cash ETFs could destroy the Bitcoin network†Arthur Hayes’ thoughts
Impact of spot ETFs Arthur Hayes, co-founder and former CEO of the cryptocurrency exchange BitMEX, published an article on cryptocurrency investment on the 23rd. “Expression†is my last article of 2024. I offer some thoughts on expressions of the #crypto…
Total BTC held by global Bitcoin ETFs reaches 3.8% of maximum supply = CoinGecko analysis
to 3.8% of maximum supply According to CoinGecko, existing crypto asset (virtual currency) Bitcoin exchange traded funds (ETFs) around the world hold a total of approximately 793,034 BTC (approximately 5 trillion yen), which is the largest supply of Bitcoin. It…
U.S. Coinbase strongly opposes Warren’s claims, saying they are “misrepresenting efforts to comply with the lawâ€
Rebuttal to Sen. Warren On the 22nd, Fariya Shirzad, chief policy officer of Coinbase, a major U.S. cryptocurrency exchange, submitted an open letter to U.S. Senator Elizabeth Warren in response. This appears to be in disagreement with Warren’s assertion that…
Cases where Mt. Gox has started repayment or cash payments have been made to creditors reported on SNS
“Cash repayments will begin within 2023†Mt Gox, a cryptocurrency exchange that went bankrupt in 2014, is making progress in repaying the cash portion to creditors. On the social media platform Reddit, reports are pouring in that Mt. Gox’s creditors…
Crypto Fund Inflows Inch Closer To $2B For 2023, Bitcoin Sees $88M Surge In Weekly Investments
Coinshares did not release its weekly report on digital assets inflows/outflows. However, Head Of Research James Butterfill took to X and indicated that digital assets saw $103 million in inflows over the past week. What Happened: According to data from…
Crypto Billionaire Barry Silbert Says Goodbye To Grayscale As Spot Bitcoin ETF Excitement Builds
Grayscale announced the resignation of its chairman and board member. What Happened: In an official SEC filing, Grayscale Bitcoin Trust (OTCMKTS: GBTC) confirmed that chair Barry E. Silbert and board member Mark Murphy will resign, effective Jan. 1, 2024. The…
Cryptocurrency Optimism Decreases More Than 4% Within 24 hours
Optimism’s (CRYPTO: OP) price has decreased 4.74% over the past 24 hours to $3.29. This is contrary to the coins performance over the past week where it has experienced an up-trend of 54.0%, moving from $2.14 to its current price….
Mt. Gox creditors receiving long-awaited repayments
Mt. Gox creditors confirm Japanese Yen refunds via PayPal after a decade-long wait. Mt. Gox’s 2014 collapse, losing 950,000 Bitcoins, triggered years of legal battles. The extended repayment timeline could influence 2024 market dynamics. After a decade of anticipation, creditors…
ETFs, halving, and upgrades: What to expect from Bitcoin in 2024 | CoinDesk JAPAN
Bitcoin (BTC) price fluctuations are always a hot topic, but we heard a lot of good news in 2023. Bitcoin is once again the best-performing asset class, beating stocks, bonds, and gold by a wide margin. At the time of…