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The Latest Breaking News on Crypto

Judge Delays SEC's Landmark Case Against Kwon Until March; No Additional Adjournment Requests Will Be Considered

Earlier this week, the SEC agreed to postpone the civil litigation involving Kwon, which is strategically aimed at facilitating Kwon's extradition, thereby ensuring his presence during the trial.

International Business Times

Spot Bitcoin ETFs Shatter Expectations: Nearly $10 Billion Trading Volume In Just Three Days

Despite not significantly impacting Bitcoin's price, the robust trading activity and substantial net inflows indicate a successful introduction and a positive market reception for Bitcoin ETFs.

International Business Times

SBF Controversy Continues: Bankman And Fried Counter FTX's Clawback With Dismissal Request

FTX did not specify the exact sum allegedly misappropriated by Bankman and Fried but detailed certain expenditures: Bankman's annual remuneration of $200,000 as a senior adviser to the FTX foundation, over $18 million allocated for Bahamian real estate, and $5.5 million in contributions made by the FTX Group to Stanford…

International Business Times

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Tether CEO Reacts After Cantor Fitzgerald's Chair Validates Stablecoin Issuer's Reserve Strength

The stablecoin issuer has endured prolonged scrutiny regarding its backing of USDT, a stablecoin that currently boasts an extensive market capitalization exceeding $95 billion, firmly establishing it as the predominant stablecoin in global circulation.

International Business Times

iShares Bitcoin Trust Dominates The Market With Over $1B In Trading Volume In 3 Days

If this trading volume continues, it's just a matter of time before BlackRock's IBIT snatches the "Liquidity King" title from Grayscale's GBTC.

International Business Times

Crypto, Ether ETF 'A Certainty': Ripple CEO Calls Gensler's Regulatory Strategy A 'Political Liability'

Garlinghouse said that the swift rise in Ethereum's value after the authorization of spot Bitcoin ETFs is a clear indicator of the market's strong interest in a more diverse range of ETF products.

International Business Times

USDT Under Scrutiny: Tether Disappointed, Challenges UN's Claims Of Involvement In Illicit Financial Operations

The UN report claimed that USDT is being used by clandestine financial networks and money laundering infrastructure in East and Southeast Asia.

International Business Times

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Technological Shift Among Southeast Asian Organized Crime Groups 'Revolutionized' Crypto Laundering: UN

Organized crime groups in Southeast Asia, particularly those in the Mekong area, have adapted to the technological era, allowing for the proliferation of underground banking and crypto laundering.

International Business Times

3 Tech Stocks to Analyze Buying Today

In the ever-evolving landscape of technology, digital transformation has transitioned from being a mere choice to an absolute necessity for businesses, bolstering the demand for the tech industry. With that in mind, let us analyze fundamentally sound tech stocks TDK Corporation (TTDKY), Dolby Laboratories (DLB), and Extreme Networks (EXTR) to…

StockNews.com

Awaiting Do Kwon: SEC Agrees To Delay TFL CEO's $40B Crypto Fraud Case Trial

Do Kwon could be in the U.S. by mid-March to attend the trial in the $40 billion crypto fraud case.

International Business Times

Ex-Celsius CEO Fights To Dismiss Charges; Legal Team Reportedly Abandons Ship Over Non-Payment?

Aside from his indictments, Mashinsky is allegedly losing the Yankwitt LLP law firm in his defense team after it reportedly applied to withdraw its representation because of the crypto executive's alleged "deliberate disregard" to pay.

International Business Times

BlackRock CEO Unveils Plan For Bitcoin And Crypto, Initiating A 'Technological Revolution' In Finance

Blockchain technology enables the digitization or tokenization of conventional assets onto a publicly accessible ledger

International Business Times

Unpacking The Impact: Bitcoin ETF Sparks New Market Activity And Price Volatility Levels

According to a research analyst, "The price action of BTC, coupled with volume data and the performance of certain altcoins, demonstrates the adherence to the typical 'buy the rumor, sell the news' pattern associated with major market events."

International Business Times

‘I didn’t feel like I was supporting a regime’: architect David Chipperfield on working for China

His stunning $1bn restoration project in Shanghai is a hit with the city’s influencers. But not everyone is impressed. The revered architect talks about the highs, lows and many risks of building for China

The Guardian - UK

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International Business Times

Michael Saylor's Masterstroke: MicroStrategy Chairman Gets $600M Richer On Bitcoin ETF Trading Launch

While opinions vary on the impact of Bitcoin ETFs on MicroStrategy's investment approach, Saylor views their approval as a major financial development, potentially the most significant one on Wall Street in the last 30 years.

International Business Times

Elon Musk Holds Ground, Dogecoin and Bitcoin Retain Solid Positions On Tech Tycoon's Holdings

Musk, who christened himself as DogeFather, shared during a recent X Spaces event that he still owns DOGE while another one of his companies still has "a bunch" of Bitcoin on its portfolio.

International Business Times

Exclusive Interview: Morph CEO On Spot Bitcoin ETFs As A New Frontier In Crypto Investment

Despite the potential benefits, spot Bitcoin ETFs could trigger oversaturation and dilution of investments among too many funds.

International Business Times

BlackRock's iShares Bitcoin Trust Surges: Bags Over 11K BTC in Record Time Of 48 Hours

An analyst predicted that if this trend continues, the market could experience "an extreme supply crunch" in Bitcoin.

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International Business Times

Venezuela Kills Off Petro Cryptocurrency

Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, but which never took off and became embroiled in a graft scandal.

International Business Times

Terraform Labs' Do Kwon Seeks U.S. Trial Adjournment Amidst Montenegro Extradition Setbacks

The delay in Mr. Kwon's extradition proceedings in Montenegro was a direct result of an appeal made by his legal team, which successfully gained the court's approval.

International Business Times

Vanguard Unmoved By Record-Smashing $4.5B Bitcoin Exchange-Traded Funds Kickoff, Gives BTC ETFs The Boot

While over a dozen financial firms started offering Bitcoin ETFs on Thursday, with BlackRock, Grayscale and Fidelity emerging on top – registering around $4.5 billion in cumulative trading volumes, the crypto investment vehicle is not available for purchase in one of the biggest fund issuers in the world, Vanguard.

Dynamite News

Bitcoin mining profitability poised for surge as spot ETFs gain approval

Bitcoin mining is expected to witness a significant boost in profitability following the approval of Bitcoin Spot ETFs by the US Securities and Exchange Commission (SEC). Read further on Dynamite News;

International Business Times

From Hot To Blistering: Bitcoin ETFs Zoom Past $3.5B Following $1B Opening Act

Bitcoin ETFs from financial giants BlackRock, Fidelity, and Grayscale have collectively soared past the $1 billion threshold in trading volumes within the first 30 minutes of market opening.

International Business Times

From Skepticism To Possibility: Musk Contemplates Bitcoin For Mars Colony

Musk, initially skeptical, is now reconsidering the use of Bitcoin as a potential currency for Mars colonization, contemplating its feasibility and the challenges of transaction times in space.

International Business Times

Bitcoin Bold Leap: ETF Green Light, Start Of Trading Drive Price Above $49K

Driven by the U.S. Securities and Exchange Commission's historic nod to the first Bitcoin ETF and the commencement of fund trading on U.S. exchanges, Bitcoin's value has catapulted to unprecedented heights.

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