Tether has refuted claims made by JPMorgan analysts regarding its Bitcoin reserves and ability to comply with upcoming US stablecoin regulations. In a Feb. 13 statement to CryptoSlate, the stablecoin issuer confirmed that it is closely monitoring developments around US stablecoin regulations while actively engaging with local regulators. Tether acknowledged ongoing discussions surrounding the proposed […]
Bitcoin’s price took a hit earlier this week, dropping to $94,000 upon the release of the US Consumer Price Index (CPI) data for January. The data, published on Feb. 12, showed the YoY inflation and core CPI came in above expectations, showing that the inflationary pressures in the US failed to decrease. While Bitcoin has […]
Bitwise CIO Matt Hougan sees a significant opportunity in the disconnect between retail and institutional sentiments toward crypto. In a recent letter to investors, Hougan painted a bullish picture for the crypto sector, emphasizing that while retail investors remain skeptical, institutional capital continues to flow into the market at record pace. The introduction of Bitcoin (BTC) […]
Behind the scenes, Bitcoin legislation is advancing at the state level in the United States, with almost 30 proposals directing funds into reserves. As Matthew Sigel, Head of digital assets research at VanEck, reported, 20 of the bills under review could alone drive up to $23 billion in buying, or approximately 247,000 BTC, if enacted. […]
Japanese gaming and blockchain company Gumi has announced a 1 billion yen ($6.5 million) investment in Bitcoin (BTC) in a Feb. 10 letter to the market. The investment will occur from February to May and will represent 4.3% of Gumi’s $150 million market cap. Following the news, Gumi stock climbed 3.65%. The company also revealed […]
The US Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day suspension of their ongoing lawsuit, according to a Feb. 10 filing. Both parties explained that this decision was made because the SEC established a dedicated crypto task force under Acting Chair Mark Uyeda. According to the filing, the task force’s work […]
The founder of Aave downplayed Solana’s Kamino during an argument with the president of the Solana Foundation and the co-founder of Solana Labs about decentralized money markets on X. Alex Svanevik, founder of Nansen, questioned the absence of Aave on Solana, which currently boasts Kamino as its largest money market protocol. According to DefiLlama data, […]
Introduction With artificial intelligence (AI) already reshaping industries, the demand for secure, scalable, and transparent infrastructure has never been higher. However, the centralized nature of many current solutions raises concerns about data integrity, accessibility, and fairness. Enter OORT, a project positioned at the intersection of blockchain and AI, offering a decentralized approach to AI development. […]
The US Securities and Exchange Commission (SEC) has delayed on Feb. 7 its decision on whether to approve options trading on Ethereum (ETH) exchange-traded funds (ETFs), extending the review period until Apr. 9. The decision, outlined in a Feb. 7 filing, impacts proposals related to Bitwise’s ETHW, Grayscale’s ETHE and Ethereum Mini Trust, and BlackRock’s […]
Japan’s Financial Services Agency (FSA) has requested Apple and Google to block downloads of crypto exchange apps operating in the country without proper registration, local media reported on Feb. 7. According to sources familiar with the matter, Apple removed the apps from its App Store in response, while Google has not yet commented on whether […]