FTX companies created and profited from Tether through an arrangement with a partner bank, according to a court case described by Bloomberg on Feb. 17. The case quoted Caroline Ellison, former CEO... Read more »
Bitcoin’s price retreated below $51,000 to retest critical support levels on Feb. 17 despite holding strong after stronger-than-expected CPI data over the past few days. The flagship crypto was trading at $50,856... Read more »
US-based spot Bitcoin ETFs have accumulated close to $37 billion in assets under management (AUM) within the first 25 days of trading, according to market data. Incidentally, the total AUM of Bitcoin... Read more »
In a recent interview with Fox Business, MicroStrategy Executive Chairman Michael Saylor delved into the transformative potential of Bitcoin, positioning it as a pivotal force in the shift from analog to digital... Read more »
Major US crypto exchange Coinbase published its latest financial report on Feb. 15, including fourth-quarter and full-year results for 2023. For Q4 2023, Coinbase reported a net income of $273 million and... Read more »
Crypto money laundering experienced a significant decline of 29.5% in 2023 compared to the previous year, primarily due to a decrease in overall crypto transaction volume. According to a Chainalysis report, illicit... Read more »
Brian Nelson, Undersecretary for Terrorism and Financial Intelligence at the US Department of the Treasury, provided critical testimony to Congress on Feb. 14, challenging widely held beliefs about the role of crypto... Read more »
News anchor Joe Kernen defended Bitcoin in a spirited exchange with SEC Chair Gary Gensler during an interview on CNBC’s “Squawk Box” on Feb. 14 after the regulator questioned the flagship crypto’s... Read more »
On Jan. 26, Glassnode’s Sharpe Signal hit its lowest level since March 2020. It dropped to 0.2531 from a high of 0.7042 on Jan. 10. However, by Feb. 11, as Bitcoin’s price... Read more »
Leading self-custody wallet Ledger has joined forces with Coinbase to enhance accessibility for self-custody users seeking to purchase cryptocurrencies. According to a Feb. 13 statement shared with CryptoSlate, this collaboration introduces the integration of... Read more »
