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Bitcoin
JPMorgan Warns of Incoming Bitcoin Selloff With Anticipated $3 Billion Grayscale Outflow
Global investment bank JPMorgan has warned of additional outflow from Grayscale’s bitcoin fund, cautioning that it will put “further pressure on bitcoin prices over the coming weeks.” The bank’s analyst also…
Grayscale’s 4K Bitcoin Transfer, Blackrock CEO Favorable on Bitcoin, Ripple’s XRP Ousted, and More —…
Grayscale stirred speculation by transferring 4,000 bitcoins, while Blackrock CEO Larry Fink endorsed bitcoin as “digital gold,” surpassing government influence. In regulatory news, Ripple’s XRP was removed from Hong…
LBank Labs Announces Incubation Fund Investment in AMBBi
PRESS RELEASE. LBank Labs has established a dedicated Incubation Fund for Inscription Projects, and AMBBi, an innovative dual-asset project on the Bitcoin blockchain, is the first to be inducted into this groundbreaking initiative. This…
South African Fintech Startup Ukheshe Acquires 100% Stake in EFT Corporation
South African fintech startup Ukheshe recently announced that it has acquired a 100% stake in EFT Corporation, an Africa-focused payment services provider. According to the startup, the acquisition takes Ukheshe closer to its stated goal of…
CFTC Files Civil Enforcement Action Against Bogus Crypto Exchange Debiex
The U.S. commodities regulator revealed on Jan. 19 that it had filed a civil enforcement action against a bogus digital asset exchange platform. According to the Commission, Debiex customers were not aware that the entire set-up was a…
L2 Protocol Manta Network Suffers DDoS Attack, Project Leaders Face Money Laundering Allegations
Manta Network, a modular layer two (L2) protocol, said a distributed denial-of-service attack on Jan. 18 resulted in the network accumulating a large queue of recent transactions. The attack, which occurred during a token-issuing event, is…
Former SEC Official: Crypto Holds the Key to 2024 US Presidential Election
The U.S. Securities and Exchange Commission’s former head of internet enforcement has explained that crypto holds the key to the 2024 U.S. presidential election. He stressed that every U.S. presidential candidate should immediately appoint…
Blackrock Seeks SEC Approval to Offer Options on Spot Bitcoin ETF — Ishares Bitcoin Trust Now Holds…
Blackrock, the world’s largest asset manager, is seeking approval from the U.S. Securities and Exchange Commission (SEC) to offer options on its spot bitcoin exchange-traded fund (ETF). The SEC has opened a comment period for a…
Mad Money Host Jim Cramer Sees ‘Nasty Beginning to Bitcoin Selloff’
Jim Cramer, the host of CNBC’s Mad Money show, has warned of a bitcoin selloff. While cautioning investors about investing in bitcoin and the newly launched spot bitcoin exchange-traded funds (ETFs), he said: “I’m not…
FTX Under New Scrutiny: Appellate Court Orders Independent Investigation
An independent examiner was initially barred from delving into the FTX bankruptcy case. However, the Third Circuit Court of Appeals in Philadelphia has recently overturned this decision, mandating that the defunct crypto exchange undergo an…