News

Grayscale spot Bitcoin ETF sheds over $600M in biggest outflow day
March 19, 2024 4:31 am

Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum.

Real-World Assets Platform Gluwa Considers Developing Liberia’s CBDC
March 19, 2024 4:30 am
The real-world assets platform, Gluwa, is exploring the potential to assist in the development and launch of Liberia’s central bank digital currency. To increase the likelihood of the digital currency’s success, Gluwa is also considering the launch of a satellite-based internet service. Making the Digital Currency Compatible with Liberia’s Mobile Money System Gluwa, a real-world […]
USDM stablecoin eyes retail rollout next month: Mehen founder
March 19, 2024 3:38 am

Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand action.

Crypto’s ‘Alameda Gap’ vanishes amid Bitcoin’s meteoric rise: Kaiko
March 19, 2024 3:25 am

Crypto market depth has almost fully recovered and is back to its pre-FTX average reports crypto research firm Kaiko.

SEC requests extra $158M from federal budget to police crypto’s ‘Wild West’
March 19, 2024 2:40 am

Part of the funds would hire staff across SEC divisions, with one job dedicated to crypto and another to help with the increased lawsuits the agency faces.

Binance CEO Now Expects Bitcoin Price to Top Earlier Estimate of $80K This Year
March 19, 2024 2:30 am
Binance CEO Expects Bitcoin Price to Exceed $80,000 at Year-EndBinance CEO Richard Teng now expects the price of bitcoin to surpass his earlier estimate of $80,000 this year. The executive anticipates continued significant inflows into U.S. spot bitcoin exchange-traded funds (ETFs) as endowments and family offices increase bitcoin exposure in their investment portfolios. Binance CEO Teng’s Bitcoin Price Prediction Binance CEO Richard Teng shared […]
Spanish Court Upholds Privacy Watchdog’s Decision to Halt Worldcoin Activities
March 19, 2024 12:30 am
Spanish Court Maintains Decision of Blocking Worldcoin ActivitiesThe Audiencia Nacional (National Hearing), a Spanish special tribunal, has maintained the measures that the AEPD, the private data watchdog in the country, has taken against Worldcoin. The court determined that the defense of the general interest of protecting the people’s data must prevail over the company’s economic interest. Spanish Audiencia Maintains Suspension of Worldcoin […]
Fidelity amends spot Ethereum ETF proposal to include staking
March 19, 2024 12:14 am

The price of LDO jumped briefly after an updated spot Ether ETF application from Fidelity which proposed to stake “a portion” of the fund’s ETH to generate additional income.

Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry
March 18, 2024 11:30 pm
Argentine Senates Passes Reform Creating Cryptocurrency Entities RegistryThe Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry, which also establishes obligations for crypto companies to deliver personal information on their customers and other data to government entities. Argentine Senate Passes Crypto Anti-Money […]
SEC Committed 'Gross Abuse of Power' in Suit Against Crypto Company, Federal Judge Rules
March 18, 2024 11:30 pm
A federal judge ruled that the U.S. Securities and Exchange Commission must pay legal costs for Debt Box, a Utah-based crypto company the SEC brought a suit against, finding that the regulator had committed a "gross abuse of power" in its efforts to secure a temporary restraining order.
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