BTC

The SEC delays its decision on the Bitwise 10 Crypto ETF to March 2025

January 15, 2025 2 mins read

The US Securities and Exchange Commission (SEC) has postponed its review of the Bitwise 10 Crypto Index ETF proposal until March 3, 2025. This extension gives the SEC more time to evaluate the fund, which aims to track leading crypto like Bitcoin, Ethereum, and Solana. The proposal was initially submitted by NYSE Arca on November 14, 2024, and published in the Federal Register on December 3, but it received no

Trump Reportedly Holds Significant Bitcoin Stash

January 15, 2025 1 min read

Donald Trump, the President-elect of the United States, is reported to own a significant amount of Bitcoin. This information was revealed on January 14 by Adam Back, a key figure in the cryptocurrency world and CEO of Blockstream, through a video shared on X (formerly Twitter). In the video, David Bailey, who served as a crypto advisor to Trump during his campaign, discussed Trump’s Bitcoin holdings. Bailey mentioned that Trump

JPMorgan CEO Jamie Dimon criticizes Bitcoin as lacking value

January 14, 2025 1 min read

Jamie Dimon, the CEO of JPMorgan, has expressed his skepticism about Bitcoin, likening it to an unhealthy habit like smoking. In a CBS News interview on January 12, he criticized Bitcoin for lacking intrinsic value and being associated with illegal activities such as money laundering and sex trafficking. Although he sees potential in digital currencies, Dimon remains opposed to Bitcoin specifically. Dimon clarified that he is not against all cryptocurrencies

Hacker hacks Litecoin’s X account to promote a fake Solana-based token

January 13, 2025 1 min read

Today, reports emerged that the official X account of Litecoin was hacked. The hacker used the account to promote a fake token based on Solana, which shared the same LTC ticker as the real Litecoin. This unauthorized post included a contract address for the fraudulent token, causing its market cap to briefly rise to $27,000 before dropping to $3,400, according to DEX Screener. The misleading tweet was later removed. Litecoin

XRP is up by over 10% with a market cap of $145B

January 12, 2025 1 min read

XRP has experienced a significant rise of 9.89%, reaching $2.59, driven by recent adoption news. Currently, it is trading at $2.52, reflecting a 7.42% increase in the last 24 hours. This surge indicates growing interest in XRP, highlighted by increased trading volumes and emerging technical patterns. The market capitalization of XRP has climbed to $144.68 billion, also up by 7.42%. The trading volume in the past 24 hours has surged

US charges 3 Russians for crypto money laundering

January 12, 2025 1 min read

Three individuals, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, have been indicted for running crypto mixing services Blender.io and Sinbad.io. These platforms allegedly helped criminals launder funds from ransomware attacks and other crimes. U.S. Attorney Ryan K. Buchanan emphasized the commitment to dismantling cybercriminal infrastructure. The indictment states that these mixers provided a way to hide the origins of illegally obtained cryptocurrency. Brent S. Wible, from the

Kenya plans to legalize cryptocurrencies

January 12, 2025 1 min read

Kenya is moving towards legalizing cryptocurrencies, according to Treasury Cabinet Secretary John Mbadi. This marks a significant change from the government’s earlier warnings about the crypto industry. Mbadi highlighted the rise of Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs), which present both opportunities and challenges in the financial system. He emphasized the importance of creating a regulatory framework to harness the benefits of cryptocurrencies while addressing risks like

Shareholders suggest Meta assess Bitcoin as a potential treasury asset

January 12, 2025 1 min read

Meta Platforms Inc. shareholders are urging the company to consider adding Bitcoin to its Treasury. They are concerned about inflation diminishing the value of Meta’s $72 billion cash reserves. Shareholder Ethan Peck is advocating for a formal evaluation of Bitcoin’s potential role in preserving value amid rising inflation. He argues that inflation is consistently reducing the purchasing power of Meta’s cash holdings. As of September 30, 2024, Meta reported $72

New Hampshire and North Dakota propose tech-neutral bills to establish Bitcoin reserves

January 12, 2025 1 min read

New Hampshire and North Dakota propose tech-neutral bills to establish Bitcoin reserves. These bills take a tech-neutral stance, avoiding direct references to Bitcoin, which reflects a strategic effort to integrate cryptocurrency into state finances. This move aligns with plans from the new administration to incorporate crypto into economic strategies, showing a growing trend among U.S. states. The main goal is to diversify state funds to guard against financial risks like

Oklahoma man pleaded guilty to operating a $9.4M fraudulent crypto investment firm

January 11, 2025 1 min read

An Oklahoma man pleaded guilty to operating a $9.4M fraudulent crypto investment firm. Travis Ford, a 35-year-old man from Oklahoma, has pleaded guilty to conspiracy to commit wire fraud. He was involved in running a fraudulent crypto investment firm called Wolf Capital Crypto Trading LLC. The U.S. Department of Justice announced this on Friday. Ford was the co-founder, CEO, and head trader of Wolf Capital. He encouraged people to invest

Crypto analyst says Bitcoin can hit $200K by the end of 2025

January 11, 2025 1 min read

Crypto analyst says Bitcoin can hit $200K by the end of 2025. Bitcoin has recently rebounded, trading above $94,000 after a market drop. The main question now is whether this low will hold, potentially allowing for further gains. Previously, Bitcoin reached $100,000 on December 4 and peaked at $108,268 on December 17, which excited investors and marked a significant psychological milestone. The rise in Bitcoin’s value coincided with Donald Trump’s

Russia seizes 2,718 Bitcoin worth $10 million from ex-ICRF official

January 11, 2025 1 min read

Russian authorities have confiscated about $10 million in Bitcoin from Marat Tambiev, a former employee of the Investigative Committee of the Russian Federation (ICRF). The seizure included 103 Bitcoin stored in a Ledger Nano X hardware wallet. This event highlights Russia’s approach to digital assets in legal matters. Tambiev’s case is linked to the largest bribery scandal in Russian history, involving a bribe of 2,718 BTC, valued at approximately $258