Onchain data reveals the stablecoin giant Tether has once again bolstered its bitcoin reserves, making an addition of 8,888.88 bitcoins to its wallet as of March 31. Tether’s Bech32 address now ranks as the seventh-largest holder of bitcoin by volume. Tether’s Latest Acquisition Puts Stash at 75,354 Bitcoin Though Tether has not officially confirmed its…
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The fallen founder of FTX, Sam Bankman-Fried (SBF), broke his silence for the first time since being sentenced to 24.25 years in prison, engaging in an email conversation with ABC News. SBF expressed that he is “haunted” daily by the events that transpired, emphasizing his stance that he “never intended to hurt anyone.” Former FTX…
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Bitcoin Price Prediction Bitcoin’s journey at $69,753 facing a minor dip of 0.99%. The currency’s performance has been notable, closing the first quarter of 2024 at an all-time high. The crux lies at $74,000, hinting at an intense interplay between buyers and sellers. The upcoming quarter teases potential volatility with key economic indicators, including U.S.…
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Bitwise investment chief Matt Hougan expects the investment firm to become an Ethereum ETF kingpin, but strategically desires a December approval for the products instead of a hasty splash in May. In a move aimed at replicating the success of recent Spot Bitcoin ETFs, the firm recently filed an SEC application to launch a Spot…
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Tinkoff Bank, one of Russia’s biggest banking players, has won a license to issue and sell “digital financial assets” (DFAs) in the country. Interfax reported that the Central Bank added Tinkoff to its official list of approved DFA operators on March 28. Tinkoff Bank Readies DFA Offerings Tinkoff’s move comes weeks after its biggest rival,…
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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: the Brazilian stock exchange will offer bitcoin futures contracts, Paraguay advances measures to curb illegal bitcoin mining operations, and Worldcoin gets a legal victory in Chile. Brazilian Stock Exchange B3 to List Bitcoin…
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Vitalik Buterin, the Ethereum co-founder, was spotted out and about in the South Korean tech hub city of Pangyo over the weekend – to the delight of the nation’s crypto community. Buterin was in South Korea to attend a variety of events, including an Ethereum-related conference. But eagle-eyed crypto enthusiasts were stunned to see him…
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Bitcoin Price Prediction Amid a slump to a $16 billion daily trading volume, Bitcoin’s subtle uptick to $70,098 spotlights investor caution. This environment, ripe for Bitcoin price prediction analysis, piques interest in the asset’s resilience. As market dynamics evolve, understanding the implications of this volume shift is key to forecasting Bitcoin’s financial trajectory in the…
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Grayscale, a prominent digital asset management firm, has unveiled plans to launch a “dynamic income fund” dubbed GDIF, focused on investing in proof-of-stake tokens for millionaire investors. Grayscale Launches GDIF, an Actively Managed Fund for Accredited Investors Grayscale Dynamic Income Fund $GDIF is our first actively managed investment product. It seeks to optimize income in…
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On Friday, March 29, 2024, an early bitcoin enthusiast who acquired their holdings in 2012 transferred 100 bitcoins, valued at approximately $6.98 million, at block height 836,813. Roughly 42 blocks later, at block height 836,855, another individual, or possibly the same entity, relocated 500 bitcoins from a wallet established on July 13, 2012, now estimated…
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