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The Latest Breaking News on Crypto

Solana Showcases Over 1,000% YTD Increase Amid Price Dive

With its recent price action, Solana ranks fifth in the list of the world's largest crypto assets by market capitalization, which is led by Bitcoin, the world's oldest asset.

International Business Times

Binance's CZ Urges Court To Seal Parts Of His Travel Request For Child's Privacy

Zhao had asked the court for travel permission in the past, but his latest appeal provided more context on his requests.

International Business Times

ARK Files Final Spot Bitcoin ETF Amendment Ahead Of SEC's Deadline

Last week, it was reported that the SEC met with hopeful spot Bitcoin ETF issuers to iron out details of their filings and inform them of a deadline for submitting amended proposals on Dec. 29.

International Business Times

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Coinbase Founders, Top Execs Lead COIN Shares Sell Off Ahead Of Spot Bitcoin ETF Deadline

Data also showed that Coinbase executives, including CFO Alesia J. Haas, Director Rajaram Gokul, and COO Choi Emilie offloaded millions of dollars worth of shares this month alone.

International Business Times

ARK Offloads GBTC Stake To Fund Ark 21Shares Bitcoin ETF: Analyst

Half of the proceeds from ARK Invest's GBTC sale, approximately worth $100 million, were used to purchase the BITO Bitcoin Futures ETF.

International Business Times

Singapore Welcomes World ID Verification Debut As Worldcoin Struggles In Red Zone

Worldcoin's efforts seem to have been paying off slowly, with its crypto WLD seeing impressive gains over the past 30 days.

International Business Times

Best cold wallets for the ultimate security for your crypto investment

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Mahadev app owner Sourabh Chandrakar detained in Dubai; ED may file fresh charge sheet

Sourabh Chandrakar, one of the promoters of the Mahadev online betting app, has been put under “house detention” in Dubai while Indian probe agencies, including ED, have been “alerted”

The Hindu

MicroStrategy Increases Bitcoin Holdings By More Than $615M Ahead Of Spot ETF Approval Deadline

The latest purchase places MicroStrategy's total Bitcoin holdings at 189,150 BTC, acquired at an aggregate price of $5.895 billion, at an average price of around $31,168 per BTC.

International Business Times

$6 million crypto mine is owned by an NYU student — mine was bought with crypto to mask source funds from China

Jerry Yu and his company, BitRush Inc., are the target of multiple lawsuits relating to contractor payments. These lawsuits have also revealed the existence of a $6 million dollar cryptocurrency mining farm, as documented by The New York Times.

Tom’s Hardware

Binance Founder CZ Still A Billionaire Despite Legal Woes, Ends 2023 Nearly $25B Richer

The 46-year-old billionaire, who founded Binance in 2017, has a net worth of $37.2 billion, which means his wealth saw a year-to-date increase of $24.6 billion.

International Business Times

Spot Bitcoin ETF Approval Will Have Short-Term Impact On BTC Price: Cathie Wood

Wood's ARK Invest is collaborating with 21Shares on Bitcoin and Ethereum Futures ETF products and its ARK 21 Shares Bitcoin ETF is among the first proposal subject to SEC's final decision on Jan. 10.

International Business Times

Grayscale Surrenders To SEC's Preferred Creation/Redemption Model, Submits Amended Bitcoin ETF Application Following Silbert's Resignation

Like BlackRock and ARK, Grayscale also initially said it would use the in-kind creation and redemption model on its spot Bitcoin ETF. But as Wall Street giants ironed out details with the regulator – probably looking to be a part of the first wave of applications to be approved by…

International Business Times

Mt. Gox Starts Paying Creditors Via PayPal After Nearly A Decade

In a Reddit thread, several users claimed to have received payments from the now-defunct Bitcoin exchange distributed via Japanese Yen-denominated refund on PayPal.

International Business Times

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International Business Times

Tether Mints 'Authorized But Not Issued' $1B USDT To Replenish Inventory

The newly minted USDT will not be introduced to the market right away but will serve as reserved tokens for future distribution needs or chain swaps whenever needed.

International Business Times

Barry Silbert Steps Down As Grayscale Investments' Chairman Of The Board

Silbert, who is the CEO of the Digital Currency Group -- the parent company of Grayscale -- resigned from his post effective Jan. 1, 2024.

Latin Times

President Milei's Economic Deregulation: Argentina Opens Doors to Bitcoin Contracts

Experts explained to The Latin Times what the announcement means. "It's not a step in terms of regulation just yet"

International Business Times

Solana Flips Bitcoin, Ethereum In Weekend Trading Volume, As Price Rally Continues

Solana has flipped Binance Coin (BNB) and Ripple's XRP since Monday and continued to retain its spot as the fourth-largest crypto asset by market capitalization.

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WEKU

After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging

Bitcoin and other digital currencies are rallying, emerging from a stormy period with the conviction that crypto is here to stay.

International Business Times

Solana's Price Surge Leads To Record-Breaking Metrics As It Flips BNB, XRP

When FTX declared bankruptcy in November 2022, many expected that Solana would not bounce back and would trade at a meager $10. However, it rose from the ashes and was trading above the $100 threshold.

International Business Times

Binance Spot Volume Market Share Nosedives Following Regulatory Troubles In US

The crypto exchange platform founded in July 2017 by its former CEO Changpeng Zhao (CZ) saw an 18% drop in its spot volume market share amongst centralized exchanges decline.

International Business Times

MEXC Clarifies Deletion Of X Account Amid Fears That Firm Could Be In Trouble

The statement from MEXC came as there was widespread confusion due to the sudden removal of the X (formerly Twitter) account named "MEXC_CEO," which many believed to have belonged to the crypto exchange platform's chief executive officer John Chen Ju.

International Business Times

Bitcoin ETF Applicants May Have To Face One More SEC Hurdle Before Approval, Says Analyst

Over the past few weeks, several companies, including Blackrock and ARK, amended their S-1 registration with the SEC, to make it to the supposed first batch of approved spot Bitcoin ETF issuers.

International Business Times

SEC Signals First Wave Of Spot Bitcoin ETF Approvals In January

SEC officials reportedly informed issuers that those who were not able to meet the deadline set by the commission would not be included in the "first wave" of approvals scheduled in the early part of January.

International Business Times

SEC Increases Number Of Meetings With Spot Bitcoin ETF Applicants As Deadline Nears

Last week, the SEC reportedly called every applicant and offered them two choices: amend their filings by including cash creation and redemption model or else wait.

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