Super Bowl won’t feature crypto ads in 2024, but two AI ads are planned

This year’s Super Bowl will most likely exclude cryptocurrency-related advertisements, CNN reported on Feb. 2. Paul Hardart, a clinical professor of marketing for New York University’s Stern School of Business, said audiences... Read more »

Tether CEO bashes JPMorgan’s ‘hypocrisy’ amid stablecoin dominance concerns

Tether CEO Paolo Ardoino slammed Wall Street giant JPMorgan’s “hypocrisy” to raise concerns about the stablecoin issuer’s dominant position in the cryptocurrency market while being the “biggest bank in the world.” In... Read more »

Whales and institutions lead the charge in Bitcoin’s exchange volume surge

As Bitcoin’s short stint below $40,000 caused quite a stir in the market, one could expect that its recovery to $42,000 would have caused a spike in retail trading activity. With short-term holders... Read more »

Polygon Labs announces 19% reduction in staff to streamline operations

Polygon Labs has announced a 19% reduction in its workforce, impacting 60 employees across various departments. The decision, announced by CEO Marc Boiron in an internal memo on Feb. 1, is part... Read more »

Google allows spot Bitcoin ETF ads; BlackRock, VanEck among sponsored links

Google has begun to permit advertisements featuring U.S. spot cryptocurrency exchange-traded funds (ETFs) as of Jan. 29. The company’s restricted financial products policy page now reads: “Google allows ads promoting cryptocurrency coin... Read more »

Is the Bitcoin Power Law model more realistic than Stock-to-Flow?

Since finance YouTuber Andrei Jikh recently covered the so-called Bitcoin Power Model, there has been a notable debate within the Bitcoin community around its viability. Jikh opened his video entitled “2024 Bitcoin Price... Read more »

Marathon vs Riot: Analyzing the true cost of mining 1 bitcoin

Bitcoin mining is the cornerstone of the crypto industry and the crypto market. At its core, the profitability of mining comes down to a single, crucial metric — the cost of producing... Read more »

StanChart believes SEC will approve Ethereum ETFs in May

Standard Chartered Bank has projected that the U.S. Securities and Exchange Commission (SEC) will give the green light to spot Ethereum exchange-traded funds (ETFs) by May 23, The Block reported Jan. 30,... Read more »

Crypto hacks, scams down 27.78% YoY: Peckshield

Crypto-related hacks and scams saw a 27.78% year-over-year decline in 2023 as the industry has become more vigilant. Blockchain security firm PeckShield published the data on Jan. 29 in a detailed report... Read more »

Global Bitcoin ETP holdings over 900,000 BTC as Grayscale outflows ‘subside’

Crypto investment products saw their second consecutive week of outflow this year, with $500 million leaving the funds, according to CoinShares’ latest weekly report. Bitcoin dominate Bitcoin investment products experienced significant outflows... Read more »