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2024-01-26 07:20:28 Canadian Court Declares Freeze on Crypto Donations During 'Freedom Convoy' Protests Unconstitutional

In a ruling on Jan. 23, the Federal Court of Canada deemed the Trudeau government’s use of the Emergencies Act to freeze funds and cryptocurrencies during the ‘Freedom Convoy’ protests in 2022 as unconstitutional. Justice Richard Mosley concluded that invoking the Emergencies Act was not justified as there was no national emergency.

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2024-01-25 20:29:01 Coinbase Institutional execs say 'crypto can go mainstream' with spot bitcoin ETFs now live

The arrival of spot bitcoin ETFs in the U.S. has opened the door for crypto to reach a wider audience, according to two Coinbase Institutional executives. "I think the most interesting bit that's getting a little bit drowned out by some desire to have headlines is it's the first time crypto can go mainstream," Head of Coinbase Institutional Brett Tejpaul told The Block in an interview, alongside Coinbase Head of Institutional Product Greg Tusar.

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2024-01-25 08:07:01 BlackRock and Fidelity lead billion-dollar spot Bitcoin ETF race

The SEC approved a handful of spot Bitcoin ETFs, but funds from two particular issuers are heads and shoulders above the lot while Grayscale’s GBTC bleeds outflows. Inflows of $1.9 billion and $1.6 billion confirmed spot Bitcoin (BTC) ETFs from BlackRock and Fidelity, respectively. They are the dominant issuers from a basket of 10 asset managers approved to list products by the U.S. Securities and Exchange Commission (SEC).

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2024-01-24 20:55:00 Number of Crypto Owners Globally Reached 580 Million in 2023, Report Shows

The number of global crypto owners surged 34% in 2023, reaching 580 million by December, a new report shows. In particular, bitcoin ownership surged 33% while Ethereum saw an even steeper rise of 39%. The report pinpoints the approval of spot bitcoin exchange-traded funds (ETFs) and the Bitcoin Ordinals protocol as key drivers of bitcoin adoption growth, alongside strong institutional interest.

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2024-01-24 09:10:00 Mt. Gox Advances in Bitcoin Repayment Process, Engages Creditors

Mt. Gox has initiated its long-awaited repayment process to creditors. The defunct cryptocurrency exchange, which suffered a massive security breach in 2014, is now confirming Bitcoin and Bitcoin Cash addresses with its creditors. This move is a key part of the plan to repay a substantial portion of the lost funds.

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2024-01-23 20:25:00 Bitcoin’s safe-haven features could provide ‘solid support’ for spot ETFs, Kaiko says

As Bitcoin keeps outperforming traditional safe-haven assets like gold or bonds, providers of spot Bitcoin exchange-traded funds (ETFs) are likely to double down on their new products. Bitcoin’s (BTC) asymmetric returns and low correlation could serve as “solid support” for the recently launched spot Bitcoin ETFs, given that institutional players are likely to continue fueling the ongoing enthusiasm for crypto ETFs.

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2024-01-23 12:09:00 Join the Top 10 Crypto Channels of 2024!

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Don't miss out on the latest in the crypto world. Join these channels and stay informed! Open / Comment

2024-01-23 07:52:01 FTX Payment Plan Faces Backlash, Clients Slam 2022 Asset Valuation as 'Theft,’ Urge Court for Fair Redress

FTX estate debtors to reimburse customer assets based on their value as of Nov. 11, 2022, numerous objections have been raised by customers. A notable objection comes from an FTX client in France, who criticizes the estate for “depleting creditor funds by imposing exorbitant charges for their services.” This customer expresses dissatisfaction with the compensation in fiat currency, particularly given the valuation of crypto assets at a point when “markets were at their lowest in years.”

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2024-01-23 00:56:40 Welcome to the @CryptoWorldNews Telegram Channel!

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