Tag: New York
US Bitcoin ETFs Reach $100 Billion, Impacting Largest Bitcoin Holders
US Bitcoin ETFs have made a significant impact in the market, surpassing $100 billion in net assets. This milestone, achieved in just 10 months since their launch in January, represents 5.4% of Bitcoin's total...
Binance Increases Compliance Staff by 34% Amid Industry Growth
Binance, the world's largest cryptocurrency exchange, has announced its plans to increase its compliance staff by 34% by the end of the year. This means that the exchange will have 645 full-time compliance employees...
Solana Price Prediction: Hedge Funds & VCs Expect $600 Target
Hedge funds and venture capital firms are optimistic about Solana's future, with many expecting the cryptocurrency to reach $600 during this bull cycle. According to the "Q4 2024 Crypto Investment Manager Survey" by MV...
FTX Repayment Plan Set for Rollout in January 2025
FTX is moving forward with their repayment plan, which is set to begin in January 2025. The final details will be sorted out next month, and repayments will start early in the new year.The...
SEC Disburses $4.6 Million to BitClave ICO Investors Amid Fund Discrepancies
The US Securities and Exchange Commission (SEC) recently distributed $4.6 million to investors who participated in BitClave's initial coin offering (ICO) back in 2017. This distribution comes after unresolved discrepancies in the total funds...
Gary Wang Requests No Jail Time in FTX CTO Case
Gary Wang, the former chief technology officer at FTX, has requested to serve no prison time for his involvement in the crypto exchange's 2022 implosion. Wang, who pleaded guilty to four criminal counts in...
Bitfinity Launches New Layer-2 Mainnet Bridging Bitcoin and Ethereum, Raises $12M
Bitfinity Network has recently launched its new Layer-2 mainnet, bringing Bitcoin and Ethereum closer together. The project has successfully raised $12 million, showcasing significant institutional backing and community support. The main goal of the...
Federal Reserve to Cut Interest Rates, Crypto Outlook on the Rise
Yesterday, there was a significant shift in the investment landscape as Donald Trump was re-elected as the President of the United States. This news led to a broad-based rally in risk assets on Wall...
Bitcoin’s Potential Growth Amid Trump Policies and Economic Optimism
Bitcoin is expected to see continued growth in the near future, thanks to supportive economic trends and political policies. According to Fundstrat Global Advisors managing partner Thomas Lee, Bitcoin has shown resilience in the...
Justin Sun and Andre Cronje Question Coinbase’s Listing Fee Transparency
Justin Sun and Andre Cronje Challenge Coinbase's Listing Fee TransparencyTron Network founder Justin Sun and Sonic Labs co-founder Andre Cronje recently raised concerns about Coinbase's transparency regarding listing fees. They disputed Coinbase CEO Brian...
