“I think the regulatory body of El Salvador and the regulatory body of the United States will talk a lot,” Michele Crivelli said. Source: https://cointelegraph.com/news/us-following-el-salvador-playbook-web3-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: January 2025
Stablecoin market cap surpasses $200B as USDC dominance rises
The stablecoin market cap reached a new record high above $200 billion. Is it a sign that Bitcoin and altcoins will rise higher? Source: https://cointelegraph.com/news/stablecoin-market-cap-surpasses-200-b-as-usdc-dominance-rises?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
An Undetectable VPN? Nord Unveils NordWhisper Protocol
NordVPN rolled out a new protocol this week designed to help users bypass increasingly sophisticated VPN blocks by making their encrypted connections look like ordinary web traffic. The protocol, called NordWhisper, comes as VPN providers face mounting pressure from governments and network administrators trying to restrict access to outside information. It uses web tunnel technology to blend in with regular…
Bitcoin Miner Cipher Secures $50 Million Investment From Softbank
Cipher Mining Inc. announced a $50 million private investment in public equity (PIPE) from Softbank Group Corp., positioning the technology-focused investor as a key stakeholder in the company. Softbank Becomes Key Investor in Cipher Mining Cipher Mining’s (Nasdaq: CIFR) transaction involves Softbank purchasing approximately 10.4 million shares of Cipher’s common stock, with the funds directed […] Source: https://news.bitcoin.com/bitcoin-miner-cipher-secures-50-million-investment-from-softbank/
Crypto Biz: French prosecutors drop money-laundering bombshell on Binance
Binance is caught in regulatory crosshairs in France, while KuCoin reaches a $300 million settlement with the US Department of Justice. Source: https://cointelegraph.com/news/crypto-biz-french-prosecutors-money-laundering-bombshell-binance?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Tether clocks $13B in 2024 profits, US bond holdings hit all-time highs
The USDT issuer has struggled to maintain dominance in the face of competition from rivals such as Circle and its USDC stablecoin. Source: https://cointelegraph.com/news/tether-13-billion-2024-profits-t-bill-holdings-all-time-highs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Grayscale launches Dogecoin investment fund
The memecoin fund adds to Grayscale’s growing suite of single-asset crypto products. Source: https://cointelegraph.com/news/grayscale-launches-dogecoin-investment-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Nayib Bukele sticks to ‘Bitcoin piggy bank’ strategy, but is it working?
Bitcoin accounts for nearly 15% of El Salvador’s reserves as President Bukele doubles down on his bold crypto strategy, even after inking a deal with the IMF. Source: https://cointelegraph.com/news/nayib-bukele-sticks-to-bitcoin-piggy-bank-strategy-but-is-it-working?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy Is Raising $584 Million to Stack Even More Bitcoin
Bitcoin treasury company MicroStrategy keeps coming up with new ways to buy more Bitcoin. The company on Friday announced it has finalized the price of its new stock—STRK—which it will use to raise funds to amass even more Bitcoin for its treasury. STRK will go on the market for $80 per share, and the company hopes to use the proceeds…
Bitcoin rises toward its all-time high as futures markets show interest from bulls
Bitcoin price moves closer to its all-time high, and the absence of euphoria in derivatives markets is a positive sign. Source: https://cointelegraph.com/news/bitcoin-rises-toward-its-all-time-high-as-futures-markets-show-interest-from-bulls?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound