Wall Street’s imminent embrace of digital assets was once a rallying cry for Bitcoin boosters, who believed a suite of suit-wearing investors would inevitably dominate the emerging market. As spot Bitcoin ETFs surpassed Satoshi Nakamoto’s holdings Thursday, they were proven right. As of Thursday’s market close, spot Bitcoin ETFs collectively held 1,105,690 Bitcoin worth $110 billion, according to CoinGlass data.…
Month: December 2024
SEC Crypto Litigation Releases: November 2024
In November, the SEC published just one crypto-related litigation release, alleging a $115 million securities fraud scheme against Eng Taing and his company, Touzi Capital, LLC. According to the Complaint, Taing promised investors the chance to fund cutting-edge crypto mining operations and debt rehabilitation businesses, portraying these investments as stable and highly profitable. The following […] Source: https://news.bitcoin.com/sec-crypto-litigation-releases-november-2024/
Solana Meme Coin Launchpad Pump.fun Bans UK Users After Regulator Warning
Solana meme coin launchpad Pump.fun is no longer available for use in the United Kingdom, with the site’s creators taking action following a warning from the country’s financial regulator. Pseudonymous co-founder Alon told Decrypt that this is not a temporary measure, and confirmed that only the UK is affected. According to a site notice, the UK is now a restricted…
DOGE Goes Green? This Sustainable Energy Firm Is Getting Into Dogecoin Mining
Sustainable energy company VivoPower this week announced that its crypto subsidiary is moving into the world of mining Dogecoin and Litecoin. An announcement by the company said that Caret Digital, which it owns, would start mining the two cryptocurrencies in January. Nasdaq-listed VivoPower (VVPR) said that Caret Digital could earn annual revenues of $25 million and cash earnings before interest,…
FDIC asked banks to ‘pause’ crypto activities — Court docs
Coinbase chief legal officer Paul Grewal claimed the letters provided evidence that an alleged US government attempt to debank firms “wasn’t just some crypto conspiracy theory.” Source: https://cointelegraph.com/news/us-fdic-banks-pause-crypto-activities-court-docs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin aims for $100K as analyst sees record BTC price daily close
BTC price strength quickly returns after a Bitcoin liquidation event like few others in history. Source: https://cointelegraph.com/news/bitcoin-aims-for-100k-analyst-record-btc-price-daily-close?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
BC.GAME CONTINUES ONGOING EFFORTS IN STRENGTHENING ITS GLOBAL COMPLIANCE STRATEGY
NICOSIA, Cyprus, Dec. 5, 2024 /CNW/ — BC.GAME, a premier cryptocurrency i-Gaming platform, announced its decision to withdraw its license specifically from Curaçao. This move reflects Curaçao’s increasingly hostile environment for operators in recent years. Despite ongoing efforts to modernize Curaçao’s i-Gaming law, proper legal protection for all operators established in Curaçao is severely lacking, such as its bankruptcy law…
Ethereum Price Hits $4,000 for First Time Since March as ETF Demand Surges
The price of Ethereum (ETH) jumped above $4,000 on Friday, a mark not recorded since it briefly reached that threshold in March. The move upward comes on the back of growing Ethereum ETF demand, with the funds collectively recording their largest-ever daily net inflow of more than $428 million on December 5, according to data from CoinGlass. Major Ethereum ETF…
Crypto All-Stars Crosses $9M Presale Milestone Ahead of December Listing – Last Chance to Buy
Crypto All-Stars (STARS) just crossed the $9 million mark in its presale – and it’s not slowing down anytime soon. This new meme coin project is shaking things up by unifying staking under one platform, making what once felt fragmented now completely effortless. MemeVault – A One-Stop Hub for All Meme Coin Staking The idea […] Source: https://news.bitcoin.com/crypto-all-stars-crosses-9m-presale-milestone-ahead-of-december-listing-last-chance-to-buy/
MYRIAD Public Beta Now Live
Now launched in public beta, Decrypt and Rug Radio present MYRIAD, the evolution of their interconnected media ecosystem with on-chain prediction markets. Visit myriad.markets to get started! Source: https://decrypt.co/videos/explainers/hjnvpW7P/myriad-public-beta-now-live