Spot Bitcoin ETFs in the United States hoovered up a whopping 51,500 BTC in December while only a fraction of that was produced. Read More at https://cointelegraph.com/news/bitcoin-etfs-scooped-up-270-more-bitcoin-than-produced-december?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: January 2025
Canadian man says kidnappers wanted to torture him for his Bitcoin: Report
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers. Read More at https://cointelegraph.com/news/canadian-man-kidnappers-torture-him-for-bitcoin-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Canada PM frontrunner once vowed to make the country a ‘crypto capital’
Canadian Prime Minister Justin Trudeau’s exit has put attention on opposition leader Pierre Poilievre, who has a history of pro-crypto comments. Read More at https://cointelegraph.com/news/canada-pm-frontrunner-poilievre-vowed-crypto-capital?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Federal Reserve bank regulator Michael Barr to step down
Fed’s Barr once said the Federal Reserve would “likely view it as unsafe and unsound for banks to directly own crypto-assets on their balance sheets.” Read More at https://cointelegraph.com/news/fed-reserve-chair-supervision-michael-barr-to-resign?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Number of Do Kwon’s victims could exceed one million — court filing
The Terraform Labs co-founder is in US custody after pleading not guilty to nine felony charges related to fraud at the platform. Read More at https://cointelegraph.com/news/do-kwon-victims-one-million-court?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solana 24-hour DEX volume beats Ethereum, Base combined
The layer-1 network clocked nearly $3.8 billion in trading volume in the past 24 hours, according to DefiLlama. Read More at https://cointelegraph.com/news/solana-dex-volume-beats-ethereum-base-combined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CleanSpark’s Bitcoin stash climbs to 9,952 BTC as hashrate grows
The Nasdaq-listed Bitcoin mining company is one of the world’s largest corporate BTC holders. Read More at https://cointelegraph.com/news/cleanspark-bitcoin-stash-climbs-2024-hashrate-grows?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gemini agrees to a $5M penalty as part of proposed CFTC order
The proposed consent order, if approved by a judge, could allow Gemini Trust to avoid a Jan. 21 civil trial with the CFTC over alleged “false and misleading” statements. Read More at https://cointelegraph.com/news/gemini-penalty-cftc-proposed-order?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Do Kwon in US custody, South Korean president impeached: Law Decoded
Do Kwon, Terraform Labs co-founder, was extradited to the US by Montenegro, bypassing South Korea’s petition. Read More at https://cointelegraph.com/news/do-kwon-in-us-custody-south-korean-president-impeached-law-decoded-dec-30-jan-6?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin traders target $138K BTC price after Coinbase premium hits ‘breakeven point’
The return of the Bitcoin “Coinbase premium” could be a sign that BTC price is on the path to $138,000. Read More at https://cointelegraph.com/news/bitcoin-eyes-138-k-next-month-as-coinbase-premium-regains-breakeven-point?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound