The Latest Breaking News on Crypto

Tether's Bullish Move Cements Status As Major Bitcoin Player With $380 Million Bet

The wallet address associated with Tether occupies the 11th position within the esteemed Top 100 Bitcoin Holders list, laying claim to an impressive 0.3% stake in the prevailing circulating supply of the world's largest cryptocurrency by market capitalization.

International Business Times · Jan 18, 2024

Franklin Templeton Expands Crypto Horizon: Eyes Ethereum and Solana Following Bitcoin Foray

Is Franklin Templeton hinting at the possibility of filing for a Solana or Ether ETF?

International Business Times · Jan 18, 2024

Jamie Dimon's Bitcoin Disdain Gets Flak From Saylor, Snowden and Crypto Enthusiasts

While Dimon acknowledged that "blockchain is real" and that "it is a technology" and confirmed that "There's a cryptocurrency which might actually do something," he referred to Bitcoin as the cryptocurrency "which does nothing."

International Business Times · Jan 18, 2024

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 · Jan 17, 2024

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 · Jan 17, 2024

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 · Jan 17, 2024

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 · Jan 17, 2024

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 · Jan 17, 2024

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 · Jan 17, 2024

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 · Jan 16, 2024