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LMAX CEO Expects Bitcoin to Trade in Six Digits in the Future

The chief executive of LMAX Group says he expects bitcoin to trade in six digits in the future. He explained that based solely on supply and demand, with bitcoin allocation…

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Court Dismisses Custodia Bank’s Challenge Against Federal Reserve

In a significant ruling, a federal judge has dismissed Custodia Bank Inc.’s claim for entitlement to a Federal Reserve master account, marking a setback for the Wyoming-based depository institution. Custodia…

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Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows

U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous…

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Grayscale Study Pinpoints Bitcoin in Mid-Phase Bull Run, Eyes Future Growth

Amidst a vibrant resurgence in bitcoin’s value, a comprehensive analysis by Grayscale and researcher Michael Zhao sheds light on the anatomy of the current bitcoin market cycle. The study explores…

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Bitcoin Halving Inches Closer With Fewer Than 2,900 Blocks Remaining

The next Bitcoin halving is on the horizon, drawing closer with each passing block and anticipated to take place anywhere between April 18 to April 22, 2024, at the milestone…

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Stablecoin Market Swells With Growth in March, Led by Ethena’s USDE

This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into…

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Convicted UK Woman Found With $4B in BTC, the SEC Seeks $2B Fine From Ripple, and More — Week in Review

A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly…

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Detained Binance Executive Sues Nigerian Anti-Graft Agency for ‘Fundamental Rights’ Violation

The Binance executive who is being held by Nigerian law enforcement has sued the country’s anti-corruption agency for violating his fundamental rights. The executive also wants the local court to…

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Families Worth up to $100 Million Prefer Algorithmic Cryptocurrencies to Tokens — Study

Families with a net worth of up to $100 million exhibit a strong preference for algorithmic cryptocurrencies over tokens (4.32% versus 0.92%), a new study has found. The study cites…

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Bitwise Sees ‘Raging’ Bitcoin Bull Market — Expects April Halving to Be ‘the Most Impactful We’ve Seen”

Bitwise Asset Management believes that “bitcoin is in a raging bull market” in the long term. Its chief executive anticipates the upcoming bitcoin halving to be “the most impactful we’ve…

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