U.S. Department of Justice (DOJ) prosecutors request the court to tighten bond conditions of Changpeng “CZ” Zhao, former Binance CEO, ahead of criminal sentencing for violating anti-money laundering (AML) law. DOJ Asks Court to Tighten Bail Conditions of Changpeng “CZ” Zhao US attorneys propose new bond conditions consistent with the December order by Judge Richard […]
Bitwise Bitcoin ETF Heats Competition With Approval By $100 Bln AUM Investment Firm
The Bitwise Bitcoin ETF (BITB) has taken the ETF competition to a new level with a significant milestone lately. Bitwise’s BITB has been witnessing increased adoption in recent times, further strengthening its position against prominent players, such as Grayscale’s GBTC and BlackRock’s IBIT. Moreover, the Bitwise CEO Hunter Horsley has maintained complete transparency on the […]
US Senator Cynthia Lummis Supports Bitcoin Miners In Rift With Energy Department
On Friday, a major rift erupted between Bitcoin miners and the US energy agencies like DOW, EIA, OMB, etc. over the collection of data regarding the energy consumption by the crypto miners. As soon as the Texas Blockchain Council filed a lawsuit against the US energy agencies, the energy department announced to halt of the […]
XRP Whale’s 20 Mln Accumulation Ignites Speculations As Price Nears $0.54
In a thrilling turn of events, an XRP whale’s 19.99 million accumulation appears to have piqued the interest of crypto market enthusiasts across the globe. As per insights unveiled by the blockchain tracker Whale Alert, this transfer of XRP, worth $10.69 million, promptly gained traction as XRP’s price neared the $0.54 mark as of press […]
Uniswap’s 70% Price Rally Helps DeFi Steal Spotlight from AI Tokens
Uniswap’s native token UNI witnessed a strong rally on Friday, February 23. The major catalyst behind the 70% Uniswap price rally is the decentralized exchange changing the fee mechanism to benefit those staking the UNI tokens. The proposal advocates for the introduction of a fee-sharing system that incentivizes UNI holders to stake and delegate their […]
Crypto Prices Today: Bitcoin Drops To $50K, PEPE Rebounds As Uniswap Soars 70%
The top crypto prices today saw a major pullback as the Bitcoin (BTC) price dropped below $51,000. In addition, Ethereum got rejected from the $3,000 level amid the bearish turn. Meanwhile, other top altcoins, such as Solana (SOL) and Cardano (ADA) lost significant value. Major Crypto Prices Today The Bitcoin price extended below the $51,000 […]
AI News: Tyler Perry Halts $800M Studio Over AI Fears
America’s top film and TV mogul Tyler Perry has decided to put a hold on his $880 million studio expansion amidst a growing concern over Artificial Intelligence (AI). AI and The Tyler Perry Plans OpenAI launched a new AI tool dubbed Sora a few days ago and in this short while, the AI bot has […]
Breaking: US Energy Department Halts Bitcoin Mining Survey Amid Controversy
The United States Department of Energy announced its decision to temporarily suspend the intended emergency survey of Bitcoin mining operator’s use of energy. EIA Picks Battle Against the Bitcoin Mining Industry According to a filing made to a Texas federal Court, the U.S. Energy Information Administration (EIA) will halt its mandatory survey for over a […]
Carson Group Gives Green Signal to Bitcoin ETFs as Client Demand Surges
With the rising demand for Bitcoin ETFs, Carson Group has decided to start offering the ETFs to its customers. However, the firm has decided to give a green signal to only four out of the ten launched Bitcoin ETFs. Carson’s step indicates that the investor traction for Bitcoin ETFs is steadily increasing. Carson Group to […]
Bitwise, Grayscale Seek SEC Nod for Bitcoin ETF Options
The US Security and Exchange Commission (SEC) is getting feedback from the public and is ready to approve a rule change that allows Bitcoin exchange-traded funds (ETFs) to be listed on exchanges and traded on derivatives. The start of this move by NYSE was a result of the demand generated by the trading of options […]