U.S. President-elect Donald Trump has appointed former SEC Chair Jay Clayton to a key role, drawing attention to his crypto regulatory legacy and enforcement record. Former SEC Chair Steps Into a Role That Could Redefine Legal Power U.S. President-elect Donald Trump has announced the nomination of former U.S. Securities and Exchange Commission (SEC) Chair Jay […] Source: https://news.bitcoin.com/trump-appoints-former-sec-chair-to-a-role-that-could-influence-crypto-oversight/
The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $400 million in assets tied to money laundering. DOJ Ends Helix’s Reign: Operator Sentenced The U.S. Department of Justice (DOJ) announced Friday that Larry Dean Harmon, 41, of Akron, Ohio, was sentenced to three years in […] Source: https://news.bitcoin.com/a-crypto-mixers-endgame-helix-operator-sentenced-with-400m-asset-forfeiture/
The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin. Institutional Investments in Bitcoin Keeps Rising The U.S. Securities and Exchange Commission’s (SEC) 13F report for Q3 ending Sept. 30 revealed that Goldman Sachs now owns $710 million in cryptocurrency assets. The 13F report is a mandatory […] Source: https://news.bitcoin.com/goldman-sachs-bold-bet-bank-boosts-its-bitcoin-etf-stake-to-710-million/
Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions. Strategic Bitcoin Allocation for Solidion Treasury Solidion Technology, a provider of advanced battery materials, announced on Thursday that it had invested a portion of its excess cash reserves in bitcoin. This strategic move aligns with the company’s […] Source: https://news.bitcoin.com/solidion-technology-allocates-60-of-its-cash-to-buying-bitcoin/
Ethereum ETFs are riding a wave of post-election momentum, reversing a tide of billions of dollars in outflows that had dampened investor enthusiasm when launched this summer. Cumulative net inflows for spot Ethereum ETFs flipped positive Tuesday, hitting $94 million, according to SoSo Value data. Representing the total amount of money that nine investment products for Ethereum have taken in…
Now the protocol is working on a value accrual mechanism for ENA stakers. Source: https://cointelegraph.com/news/ethena-adopts-fee-sharing-proposal-ena-token?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation. Source: https://cointelegraph.com/news/tether-mints-1-billion-usdt-tron-pays-zero-fees-arkham?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
This week’s Crypto Biz features MicroStrategy’s Bitcoin strategy, Coinbase’s and Kaiko’s recent acquisitions, MARA’s third-quarter earnings, and MoonPay’s new fiat gateway. Source: https://cointelegraph.com/news/crypto-biz-microstrategy-bitcoin-bet-swells?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
At 3:40 p.m. EDT on Friday, bitcoin (BTC) was priced at $91,046, reflecting a 2.4% dip from its all-time high (ATH). Here’s a breakdown of the remaining top ten cryptocurrencies and their current standing compared to their previous ATHs. Bitcoin Inches Toward the ATH Reached 2 Days Ago, While Altcoins Struggle Below Previous Peaks At […] Source: https://news.bitcoin.com/below-summit-levels-altcoins-dream-of-peaks-as-bitcoin-stays-close-to-glory/
Larry Harmon laundered 350,000 BTC, but he was treated leniently for his help in jailing Roman Sterlingov. Source: https://cointelegraph.com/news/larry-harmon-helix-crypto-mixer-prison-sentence?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
