The new year hasn’t brought stability to Bitcoin’s price, with BTC experiencing significant volatility this week. The volatility peaked on Jan. 9, with the price opening at $95,057 and reaching a high of $95,346 before dropping sharply to $90,707. This $4,640 trading range represented a drop of around 4.9%. Intense volatility like that tends to […]
Block edges closer to becoming first Bitcoin treasury firm to enter S&P 500
The fintech company Block could be the first publicly listed company holding Bitcoin (BTC) in its treasury to integrate the S&P 500 Index within 21 months, according to Matthew Sigel, head of digital assets research at VanEck. He highlighted that the firm, founded by Twitter co-founder Jack Dorsey, reportedly satisfied the final hurdle for listing […]
From failure to fortune: Jonathan Bouzanquet on blockchain and gaming
Jonathan Bouzanquet, the Co-Founder and Chief Strategy Officer of Playa3ull Games, joined CryptoSlate’s SlateCast alongside Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill. In a thought-provoking discussion, Bouzanquet shared his vision for blockchain gaming, emphasizing a community-first approach, sustainable funding, and the potential of blockchain technology to revolutionize the gaming industry. Building Games Backwards: A […]
US court schedules Do Kwon’s jury trial for January 2026
Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27. Judge Paul Engelmayer has encouraged plea […]
FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action
An FTX creditor Lidia Favario has raised concerns about the excessive spending by bankruptcy managers handling the defunct exchange’s proceedings, according to a court filing. In a letter to Judge John Dorsey, Favario described the spending as extravagant and inconsistent with the Department of Justice (DOJ) guidelines on reasonable expenses. Questionable expenses Favario cited specific […]
Major Portuguese bank blocks fiat transfers to crypto platforms
Banco of Investimentos Globais (BiG), one of Portugal’s largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared by Delphi Labs co-founder José Maria Macedo. The notification cited compliance with guidelines published by the European Central Bank (ECB), the European Banking Authority (EBA), and the Bank of Portugal about risks associated with […]
Western Union and MoneyGram app usage drops as stablecoin adoption surges
Traditional remittance giants like Western Union and MoneyGram are struggling to keep pace in an evolving financial ecosystem increasingly shaped by stablecoins. According to Matthew Sigel, Head of Digital Assets Research at VanEck, downloads of remittance giants apps have dropped significantly, with Western Union seeing a 22% decline and MoneyGram experiencing a 27% reduction. Traditional […]
MicroStrategy buys 1,070 BTC as Saylor declares interest in Bitcoin advisory for Trump
MicroStrategy disclosed the acquisition of 1,070 Bitcoin for $101 million in a Jan. 6 filing with the US Securities and Exchange Commission (SEC). This marks the firm’s ninth consecutive week of aggressive purchases, bringing its total Bitcoin holdings to 447,470 BTC as of Dec. 31, 2024. The digital assets were purchased for an aggregate price of […]
Bitcoin L2 Stacks faces 5 hour outage halting transactions
Stacks, a layer-2 blockchain built on Bitcoin, has faced a significant outage lasting over four hours. According to its status page, the network ceased producing transaction blocks at 7:15 UTC on Jan. 6. Since then, no new blocks have been created, effectively halting transaction processing. Stacks Blockchain Outage (Source: Stacks) The project’s team confirmed the […]
Bitcoin to battle dollar strength amid Donald Trump’s crypto-friendly policies
The US dollar has surged to its strongest levels in years, fueled by optimism surrounding Donald Trump’s return to the presidency. Over the past year, the dollar has gained ground against major global currencies thanks to a rally fueled by the Federal Reserve rate cuts and the economic challenges of other countries, such as Japan. […]