‘Not a Maxi Anymore:’ Plan B Pivots to Bitcoin ETFs
Plan B, a bitcoin analyst who is famous for his stock-to-flow (S2F) price prediction model, has announced that he sold his tokens, pivoting to bitcoin exchange-traded funds (ETFs). Predicting a…
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Clucoin Founder Sentenced to 27 Months for $1.14M Crypto Fraud
The founder of Clucoin, Austin Michael Taylor, was sentenced to 27 months in prison for wire fraud, followed by three years of supervised release, and ordered to pay $1.14 million…
Hashflare Operators Plead Guilty in Massive Fraud Case
Two Estonian nationals, Sergei Potapenko and Ivan Turõgin, pleaded guilty to operating a $577 million cryptocurrency Ponzi scheme through their fraudulent mining service, Hashflare. The scheme, running from 2015 to…
Bitdeer’s Bitcoin Holdings Rise to 833 BTC
Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on…
State of Wisconsin’s $162B Investment Board Scoops up More Bitcoin ETF Shares
The State of Wisconsin Investment Board (SWIB) which manages $162 billion in public assets, bought almost $100 million worth of Blackrock’s Ishares Bitcoin Trust exchange-traded fund (Nasdaq: IBIT) units and…
Barclays Purchases $131M of Blackrock’s Bitcoin ETF
London UK-based Barclays Bank, one of the world’s largest financial institutions with more than $1.5 trillion in assets, purchased $131 million worth of Blackrock’s Ishares spot bitcoin exchange-traded fund (ETF)…
Plasma Secures $20 Million to Launch Bitcoin-Based Blockchain for Zero-Fee Stablecoin Transactions
Plasma, a startup focused on developing a blockchain tailored for stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures, following an earlier $4…
Bank of Montreal Has Been Quietly Buying Bitcoin ETFs
The Bank of Montreal (BMO), Canada’s third largest bank by asset size, quietly purchased approximately $150 million in spot bitcoin ETFs. The information came to light when the bank filed…
Tether Makes Strategic Investment in Zengo Wallet to Advance Global Stablecoin Adoption
Tether, the largest company in the digital assets industry, announced a strategic investment in Zengo Wallet, a keyless yet self-custodial crypto wallet. Since its launch in 2019, Zengo has served…
Zimbabwe Not Ready to De-Dollarize, Says Finance Minister
Zimbabwe’s Finance Minister Mthuli Ncube stated that the country must regain access to credit lines before adopting the Zig as its sole currency. He emphasized the need to restructure $21…
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