The following is a guest post from John deVadoss. Davos in January 2024 was about one theme – AI. Vendors were hawking AI; sovereign states were touting their AI infrastructure; intergovernmental organizations were deliberating...

FTX companies created and profited from Tether through an arrangement with a partner bank, according to a court case described by Bloomberg on Feb. 17. The case quoted Caroline Ellison, former CEO of Alameda...

Bitcoin’s price retreated below $51,000 to retest critical support levels on Feb. 17 despite holding strong after stronger-than-expected CPI data over the past few days. The flagship crypto was trading at $50,856 as of...

US-based spot Bitcoin ETFs have accumulated close to $37 billion in assets under management (AUM) within the first 25 days of trading, according to market data. Incidentally, the total AUM of Bitcoin ETFs is...

Quick Take The Stablecoin Supply Ratio (SSR), a key metric that quantifies the supply forces between Bitcoin and various stablecoins, has been signaling increased “buying power” for Bitcoin in the past ten days. Glassnode...

Major US crypto exchange Coinbase published its latest financial report on Feb. 15, including fourth-quarter and full-year results for 2023. For Q4 2023, Coinbase reported a net income of $273 million and an adjusted...

Quick Take Tracking the average withdrawal prices from digital asset exchanges provides a viable method to estimate a market-wide cost basis. Exchange Average Withdrawal Price: (Source: Glassnode) A deep-dive into the cohorts’ performance reveals...

Bitcoin’s brief rally to $52,000 has lifted the shares of several US-listed crypto-focused firms. Data from CryptoSlate showed that the flagship digital asset’s price surged more than 6% to as high as $52,021 during...

Cathie Wood, CIO and CEO of Ark Invest, told the Wall Street Journal on Feb. 13 that she expects regulators to approve ETFs for very few cryptocurrencies. During the Wall Street Journal’s “Take On...

Enterprise Bitcoin mining pool company Titan Mining has announced Titan Lightning, intending to transform how Bitcoin miners receive rewards by empowering miners with near-instant access to their earnings. Using the Lightning Network, Titan Lightning facilitates...

The Philippines central bank, or Bangko Sentral ng Pilipinas, is preparing to launch a Central Bank Digital Currency (CBDC) in the next two years to counter the rising use of crypto in the country,...

Quick Take ByteTree has reported a massive influx in the global allocation of Bitcoin among exchange-traded products (ETPs) since October 2023, adding roughly 100,000 BTC. According to ByteTree data, approximately 890,000 BTC are currently...

Blockchain technology holds the potential to enhance various industries, particularly in the financial sector. Layer one protocols, which are essentially the base layer of any blockchain network, serve as key components of a blockchain...

Blockchains were created with immutability as one of its fundamental principles and to many the thought of introducing limited mutability contradicts the very foundations on which blockchains were first created. While the immutability of...

While the blockchain industry has correctly pointed out key issues in the worlds of legacy tech, finance, art, and culture, the revolution promised is yet to materialize, with the tools being designed to address...

The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on Feb. 9. The NYAG’s lawsuit originally alleged over $1 billion in losses; however, it...

Tech entrepreneur Sam Altman is reportedly looking to raise between $5 trillion and $7 trillion to help fund the production of microchips to increase availability for AI and machine learning, the Wall Street Journal...

The total assets under custodial accounts increased by 250% during the past four months amid the hype surrounding the spot Bitcoin exchange-traded fund (ETF), according to a Bitget report shared with CryptoSlate. What spurred...

Bakkt Holdings said in a press release on Feb. 8 that it is “confident” it will continue operating despite expressing concerns earlier over its liquidity in a regulatory filing. Bakkt wrote that “management remains...

Quick Take Since October 2023, there has been a persistent decline in exchange withdrawals. As per the current data from Glassnode, Bitcoin withdrawals from exchanges have reached a four-year low, numbering merely 35,000 Bitcoin....

Bitcoin prices rose above $44,200 on Feb. 7, a price level observed shortly after spot Bitcoin ETFs gained approval last month. Specifically, Bitcoin (BTC) is up 2.5% over 24 hours as of 10:45 p.m....