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TrueUSD Struggles to Maintain $1 Peg, Points to Binance Launchpool Activities
January 18, 2024
The stablecoin TrueUSD (TUSD) has revealed that its recent departure from the $1 peg was due to community mining activities related to Binance Launchpool, leading to short-term arbitrage opportunities. Throughout …
Read moreBlackRock's Bitcoin ETF Reaches $1B Mark, Eyes Blockchain Beyond Bitcoin
January 18, 2024
BlackRock, the world's largest asset manager, has seen its Bitcoin ETF (IBIT) reach record inflows, surpassing a net of $1 billion and acquiring 25,067 Bitcoin just within four days of …
Read moreEU Sets Stricter Anti-Money Laundering Rules for Crypto Firms
January 18, 2024
The European Union has provisionally agreed on more stringent anti-money laundering (AML) regulations for cryptocurrency firms. In line with the new measures, these firms are mandated to perform due diligence …
Read moreDonald Trump Vows to Halt CBDCs if Elected
January 18, 2024
Ex-president Donald Trump has pledged to thwart the creation of a Central Bank Digital Currency (CBDC) if elected for a second term. During a speech in New Hampshire on January …
Read moreCrypto Exchange Gemini Secures Digital Asset Service Provider Registration in France
January 18, 2024
In a landmark step, cryptocurrency exchange Gemini has secured the Digital Asset Service Provider (DASP) registration in France. This registration has been sanctioned by the l’Autorité des Marchés Financiers (AMF), …
Read moreBitcoin's Potential Rally Amid USD Dominance and Top Warning Signal
January 18, 2024
The crypto market's expectations for de-dollarization may be premature as the US dollar continues to be the preferred currency for international transactions in 2023. Meanwhile, Bitcoin displays what seems to …
Read moreLearn Concept: Understanding Bitcoin Spot ETFs and Their Surge in Popularity
January 18, 2024
Spot Exchange-Traded Funds (ETFs) have gained massive traction in the crypto world, making it necessary to understand their operation and potential implications for the crypto market. Spot Bitcoin ETFs, backed …
Read moreU.S. Court Questions SEC's Broad Definition of Securities in Coinbase Case
January 18, 2024
The judge overseeing the court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) has expressed concerns over the SEC's definition of securities. In previous proceedings, Coinbase was …
Read moreBitcoin Worth $2 Billion Awakens after Five Years of Dormancy
January 18, 2024
Quick Update In a remarkable event, around $1.9 billion worth of Bitcoin, approximately 44,800 BTC, returned to circulation after remaining dormant for over five years. The significant transactions took place …
Read moreBitcoin ETFs See Massive Trading Activity Post-Launch
January 17, 2024
The newly launched Bitcoin ETFs have seen a record trading volume of nearly $10 billion within the first three days, according to reports from Bloomberg ETF analysts. This number significantly …
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