Tether Mints $3 Billion USDT: A Boost to Crypto Liquidity and Market Dynamics
TL;DR Tether issued $3 billion in USDT, spread across Ethereum and Tron. This issuance increases liquidity in the crypto market and could indicate bullish momentum....
Search Results for: cryptocurrencies
Ethereum Hits Annual Record with $7.13 Billion Daily Volume Amid Market Optimism
TL;DR Ethereum hit $7.13 billion in daily on-chain volume on Nov. 15, its yearly high. This rally reflects the impact of cryptocurrency ETFs and a...
Bitcoin Spot ETF Inflows Reach $1 Billion, Led by BlackRock and Fidelity
TL;DR Bitcoin spot ETFs saw net inflows of $1.005 billion, led by BlackRock and Fidelity. Ethereum ETFs suffered net outflows of $9.05 million, with Grayscale...
Litecoin’s Golden Cross Sparks Interest: Could LTC Be the Next Big Pump?
TL;DR Litecoin (LTC) has formed a rare golden cross, where the 50-day moving average crosses above the 200-day moving average, signaling potential upward price movement....
The ‘Crocodile of Wall Street’ Sentenced: A Landmark Case in Crypto Crime
TL;DR Heather Morgan, known as the “Crocodile of Wall Street,” was sentenced to 18 months in prison for laundering Bitcoin stolen from the Bitfinex hack...
Spot Bitcoin ETFs Surge with $1.7B Weekly Inflows
TL;DR Bitcoin spot ETFs hit $1.7 billion in weekly inflows, marking six consecutive weeks of positive flows. Assets under management by these ETFs represent 5.27%...
Bitfinex Hacker Sentenced for Laundering Billions in Stolen Bitcoin
TL;DR Ilya Lichtenstein was sentenced to five years in prison for his role in the 2016 Bitfinex hack, which resulted in the theft of 120,000...
Coinbase Wallet to Integrate a Tap-to-Pay System to Compete with PayPal
TL;DR Coinbase Wallet will soon launch a “tap-to-pay” functionality for cryptocurrency payments, competing with platforms like Cash App and PayPal. The tool will allow users...
Bitcoin Surpasses $90,000, But Faces a Temporary Correction Due to Dollar Strength
TL;DR Bitcoin surpassed $90,000 but faces a temporary correction due to the strength of the U.S. dollar, which could slow its rise. The strengthening of...
Robinhood CEO Predicts Bitcoin Boom Under Trump’s Pro-Crypto Administration
TL;DR Robinhood CEO Vlad Tenev links Bitcoin’s rise to Donald Trump’s upcoming term. Trump promises to make the US a global hub for cryptocurrency innovation....