Paolo Ardoino, CEO of Tether, one of the largest companies in the cryptocurrency industry, has criticized the arrest of Telegram founder and CEO Pavel Durov. On social media, Ardoino stated this development was concerning for society as a whole and stressed that if it loses the battle, “dark ages will be our future.” Tether CEO […]
Bitcoin’s Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity
Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an ‘altcoin season’ remains quite slim. This is evidenced by blockchaincenter.net’s Altcoin Season Index (ASI), which currently sits at a low score of […]
Bitcoin ETFs Extend Winning Streak as Ether Funds Slip Into Red
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their winning streak for the sixth day in a row, amassing $ 64.91 million. Meanwhile, the nine spot ether ETFs experienced a modest outflow, losing $ 874,610. Bitcoin ETFs on a Roll With $ 64.91M Boost, Ether ETFs Falter In detail, Thursday saw …
110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings
Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $ 292 million, has flowed into these decentralized finance (defi) protocols. Binance’s Big Move: 88% of 110,000 ETH Inflow Flowed Into Staked Ether Protocol Liquid staking protocols continue …
Brazilian Judge Ends Inquiry Into Bitcoin Ponzi Scheme Mastermind’s Death
A Brazilian federal judge has ordered criminal charges against Johann Steynberg, the late CEO of the bitcoin trading platform Mirror Trading International (MTI), to be dropped after a police investigation confirmed reports of his death. The order was handed down by Judge Silvio Gemaque, who said Steynberg’s death certificate was added to the case file. […]