The US liquidates tokens seized from Alameda Research for ether and not dollars

Arkham Intelligence identified the movements, which are the first in almost two years. The government exchanged 82,000 ANT tokens for ETH, according to the data. The United States government exchanged more than 160,000 Aragon tokens (ANT) for ether (ETH), the cryptocurrency of the Ethereum network. According to on-chain data identified by Arkham Intelligence, this exchange … Read more

“we sold most of our cryptocurrencies”

The net value of the cryptocurrencies and the recognized profit “was irrelevant,” says Reddit. Reddit argues that long-term mass adoption of cryptocurrencies “is uncertain.” Reddit announced to the United States Securities and Exchange Commission (SEC) that it has sold the majority of its accumulated cryptocurrencies. The platform indicated that, since September 30, 2024, “we sold … Read more

Treasury Department recognizes that stablecoins promote redollarization

Fiat-based stablecoins, like the dollar, have shown higher growth, Treasury says. These assets play an integral role in transactions between cryptocurrencies, they indicate. The United States Department of the Treasury published a report this week in which it points out that stablecoins are increasingly choosing to maintain important short-term US Treasury guarantees. The document expects … Read more

16 years of Bitcoin, it’s still early

In less than twenty years, Bitcoin managed to become a widely spread technology. It still has a very long way to go to widespread use in society. We are in the 16th anniversary of the publication of the original Bitcoin documentin which the idea was first presented to the cypherpunks email list by Satoshi Nakamoto. … Read more

Popular YouTuber MrBest accused of earning USD 23 million with insider trading

They claim that Mr. Beast made money from more than five cryptocurrency projects. Researchers say they have detected more than 50 secret wallets used for insider trading. YouTuber Jimmy Donaldson, known as Mr. Beast, faces allegations of having earned more than $23 million through insider trading in cryptocurrencies or insider information on digital asset projects, … Read more

Bitcoin reaches new all-time high in more than 100 currencies

In Venezuela, through Mexico, Vietnam and even Turkmenistan, bitcoin is at its highest. Bitcoin is 2.7% away from marking a new all-time high in dollars. Bitcoin (BTC) has set a new all-time high in over 100 different fiat currencies. From the Mexican peso to the Venezuelan bolivar, passing through the euro and the Japanese yen, … Read more

Thanks to Elon Musk and bitcoin, DOGE rises more than 40% in October

The price of dogecoin (DOGE), the memecoin that pays tribute to a viral Internet dog, increased 40% during the month of October. The rise of bitcoin (BTC) and the mention of Elon Musk were the catalysts that sparked the bullish rally. The relationship between the CEO of Tesla and the meme cryptocurrency with the largest … Read more

Florida calls to use bitcoin as a strategic reserve

Bitcoin can help diversify the state’s portfolio, according to Patronis. The manager says that BTC is a refuge from the volatility of other larger assets. The head of the Florida governor’s finance office, Jimmy Patronis, proposed the use of bitcoin (BTC) as part of the state’s strategic reserve. In a letter to the State Board … Read more

Monster inflows into ETFs boosted bitcoin price

Bitcoin (BTC) exchange-traded funds (ETFs) in the United States yesterday reported inflows of more than $870 million, the third highest figure since these financial instruments went on the market in January 2024. According to data from SosoValue, BlackRock’s iShares Bitcoin Trust (IBIT) had positive capital flows of more than 642 million dollarswhile the Fidelity Wise … Read more

The CNMV of Spain foresees new problems during the MiCA transition period

The CNMV reinforced its teams and launched an information campaign to prepare investors. Despite the new regulation, the institution warns that the risks in the sector persist. Spain and the rest of the countries of the European Union (EU) are preparing for the entry into force of the Regulation for the Cryptoasset Market (MiCA) as … Read more