Tag: New York
Bitcoin ETFs See Record $1.1 Billion Inflow in Historic BlackRock Boost
BlackRock, one of the world's largest asset managers, experienced a historic inflow of $1.12 billion into its IBIT on November 7th. This influx of capital surpassed the total combined inflows for all spot Bitcoin...
Solana Memecoin ACT Soars 1,720% on Binance Listing amid Altcoin Market Surge
A Solana-based memecoin called "Act I : The AI Prophecy" (ACT) has skyrocketed by more than 1,720% after being listed on Binance and Crypto.com. The token, which was initially issued on Oct. 19, had...
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...
