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The Latest Breaking News on Crypto

Bitcoin Makes A Strong Comeback, Surpassing $42K As GBTC Selloff Stalls

Since transitioning to trade as a spot Bitcoin exchange-traded fund (ETF) on January 11, the Grayscale Bitcoin Trust (GBTC) has experienced an outflow of approximately $4.8 billion from its holdings.

International Business Times

Judge Advocates For Focused And Fast-Track Approach In FTX Bankruptcy Investigation

During this week's hearing, the Office of the U.S. Trustee, the federal entity responsible for overseeing corporate bankruptcies, advocated for keeping the cost, duration and extent of the fresh investigation open until after the examiner's appointment.

International Business Times

Grayscale's Bitcoin Exodus Appears To Stall With GBTC's Record Low Net Outflow

GBTC has been recording massive outflows since it officially traded as a spot Bitcoin exchange-traded fund (ETF).

International Business Times

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From Darknet to Auction Block: US Set To Sell $130 Million Silk Road-Linked Bitcoin Stash

In the notice, the government explicitly outlines its intentions to liquidate the seized Bitcoin.

International Business Times

Shibarium-Powered Revolution: Shiba Inu's Welly Leads Blockchain Transformation In Food Chain Management

In October, Welly shared its many aspirations, including transforming itself into a renowned global healthy fast-food restaurant by leveraging blockchain technology through Shibarium.

International Business Times

Binance Challenges SEC In High-Stakes Legal Battle, Seeks Dismissal Of Fraud Claims

The SEC filed 13 charges against Binance, Zhao and Binance.US alleging that they deceived investors regarding its market surveillance capabilities, implying issues with transparency.

International Business Times

Bitcoin scam: FIR reveals multiple irregularities by CCB inspectors

Bitcoin scam investigation reveals arrests of police officers, illegal custody, hacking, and destruction of evidence.

The Hindu

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SEC Is 'Hard No' On Ethereum ETF; Issuers Hold Out For A Positive Turn

The SEC's stance on spot Ethereum ETFs appears less favorable, as it has been described as a "hard no" with reported "internal resistance to the idea."

International Business Times

Nexo Seeks $3 Billion Damages From Bulgaria Over Aborted Criminal Probe

Nexo said it filed the arbitration claim with the International Centre for Settlement of Investment Disputes in Washington for lost opportunities resulting from what it called "wrongful and politically motivated actions against the company and its executives."

International Business Times

Bitcoin in the U.S., Latinos Drawn to Crypto as an Alternative 'Pathway to Wealth Building'

Crediverso CEO Carlos Hernández explores financial disparities among U.S. Hispanics and the community's growing interest in Bitcoin

Latin Times

SEC Seeks More Time On Ethereum ETF, Delays Decision on BlackRock's Application To March

BlackRock filed for its spot Ethereum ETF in November, called the iShares Ethereum Trust. The SEC made the delay one day before the Jan. 25 deadline, marking the initial delay within the SEC's 240-day review period.

International Business Times

Bitwise Leads The Pack, Discloses Wallet Address For Bitcoin ETF Holdings

Bitwise's latest move is in line with the fundamental principles of Bitcoin, which prioritize transparency and open verification. Disclosing addresses allows investors and regulators to independently validate asset holdings and transaction flows.

International Business Times

Top news developments in Karnataka on January 25, 2024

The Hindu

The Rat Hole, Chicago’s hottest tourist destination, explained

It's a hole, shaped like a rat, that brings joy to many

USA Today Sports Media Group

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International Business Times

ARK Invest's Latest Maneuver Reveals Strategic Play Of Boosting ARKB Holdings While Shedding BITO

ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.

International Business Times

Grayscale Bitcoin Trust Balance Sees 12% Decline, Reaches 553,000 BTC As Pressure Mounts

Grayscale Bitcoin Trust ETF (GBTC) Bitcoin balance currently stands at approximately 553,000 BTC, marking a notable decrease of approximately 12% from its peak level of 630,000 BTC.

International Business Times

BlackRock's IBIT Commands Bitcoin ETF Arena with $272M Inflows Amid GBTC's Nearly $600M Exodus

The significant uptick in inflows for the IBIT on Tuesday marked the ETF's third-largest inflow day.

International Business Times

SEC's Refreshing Approach: Ethereum ETFs Won't Face Bitcoin's Approval Woes

Peirce, also known as "crypto mom" in the cryptocurrency community, enthusiastically acknowledged the newfound investment opportunities unlocked with the approval of Bitcoin ETFs.

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International Business Times

Bitcoin Plummets At $38K Mark Amid Grayscale's Massive $600M Sell-Off

The king of crypto's continued downhill trading coincided with the transfer of approximately 15,200 BTC from Grayscale Investment's Bitcoin ETF GBTC to Coinbase worth around $590 million on Tuesday.

International Business Times

US Pastor Who Pocketed Investors' $1.3m Says God Told Him To Do It

A US pastor who sold a worthless cryptocurrency to his flock and pocketed $1.3 million, using some of it to remodel his house, has insisted he was only doing what God told him.

International Business Times

Bitcoin's Recent Dip Below $39,000: What Does Future Hold?

Bitcoin's fall below $39,000 intensifies market complexities and prompts scrutiny of its short-term direction.

The Guardian - US

‘The Lord told us to’: US pastor says he stole $1m from Christians to remodel home

Couple are charged with creating and selling their cryptocurrency, known as ‘INDXcoin’, to Christian community in Denver, Colorado

Evening Standard

It's a question of time before the UK gets its own Bitcoin ETFs

City Voices: Just as London played host to successful fintech pioneers such as Starling and Monzo, so equivalent success for digital assets firms can now happen

The Guardian - AU

HyperVerse crypto scheme targeted developing countries before collapse left some investors ‘suicidal’

Promoters of the scheme, which collapsed owing millions, targeted countries such as Nepal, with claims some investors took out bank loans to buy packages

International Business Times

FTX's Billion-Dollar Exodus: Major Sell-Off Shakes Up Grayscale Bitcoin Trust ETF

FTX reportedly divested nearly two-thirds of its GBTC holdings within the initial three trading days of the fund's operation as an ETF.

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