Tether and Circle Stablecoin Purchases Dominate in Argentina
Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation.
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FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange’s unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.
Bitcoin Pushes Through $50K for First Time Since Late 2021
The world’s largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry’s long bear market.
Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.
Bitcoin Tops $49K as Spot ETF Inflows Accelerate
Bitcoin price approaches $49,000 Monday after strong spot bitcoin ETF inflows last week.
New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report
The country’s Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.
Bitcoin Logs Biggest Weekly Gain Since October as S&P 500 Tops 5K
The S&P 500 look expensive relative to bonds, but that does not imply risk aversion or outflow of money from stocks and crypto and into Treasury notes.
Bitcoin ETFs Flows Could Propel BTC Prices to $112K This Year: CryptoQuant
Spot bitcoin ETFs have amassed more than 192,000 bitcoin in holdings, as of Friday, since their launch nearly a month ago.
Ripple-Owned Crypto Custody Firm Metaco’s CEO and Head of Product Depart
Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year.
New York Expands Fraud Case Against Digital Currency Group to $3 Billion
New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to direct investments with Genesis, according to a new court filing.