Sam Bankman-Fried dismisses conflict-of-interest concerns after changing lawyers

Sam Bankman-Fried, the embattled founder of the now-defunct crypto exchange FTX, has replaced his legal team as he approaches the critical sentencing phase of his trial. The change in legal representation was... Read more »

Bitcoin exchange balance dips to lowest since 2018 as market shifts to HODLing

Since mid-March 2020, there has been a notable decline in the volume of Bitcoin stored in exchange wallets, marking a significant shift in investor behavior. At the time, over 17% of Bitcoin’s... Read more »

Ripple would “welcome” an XRP ETF, CEO says

Ripple CEO Brad Garlinghouse commented on prospects for an XRP exchange-traded fund (ETF) in an interview with Bloomberg on Feb. 20. When asked whether Ripple would support an XRP ETF, Garlinghouse said:... Read more »

Bitcoin accumulation hits new peak ahead of upcoming halving

Quick Take Over the course of the past 30 days, Bitcoin cohorts have shown remarkable accumulation, hitting a high last seen in October 2023 with a total monthly balance change of 111,000... Read more »

Ethereum price approaches $3k amidst spot ETF anticipation, Dencun upgrade

The price of Ethereum (ETH) approached $3,000 on Feb. 19 amidst anticipation concerning developments that are expected to occur in the coming months. As of 8:35 pm UTC, ETH was priced at... Read more »

Coinbase sees major Bitcoin withdrawal, holds lowest confirmed supply since 2015

Quick Take Data unveiled during Asia hours from Coinbase revealed a sizable withdrawal of over 18,000 Bitcoin, as confirmed by Arkham Intelligence, Glassnode, and Coinglass.  This substantial outflow of nearly $1 billion... Read more »

The bizarre battle over Bitcoin’s origins

The Crypto Open Patent Alliance (COPA) versus Dr. Craig Wright trial has been going on for ten days, with both sides refuting the other’s claims. The trial seeks to disprove Wright’s claim... Read more »

FTX secretly used Deltec Bank to create and sell Tether for profit, lawsuit alleges

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... Read more »

How the US threatens crypto’s core values

As investors lick their moistened chops for the coming Bitcoin ETF, just to have their Bitcoin ironically held by Goldman Sachs and JPMorgan, and Sen. Elizabeth Warren’s war on self-custody rages on,... Read more »

Spot Bitcoin ETFs reach $37B in AUM, roughly one-third of gold ETF assets

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... Read more »