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2024-01-18 07:55:00 Cantor CEO confirms Tether holds $86B in reserve to back its stablecoin USDT

Cantor Fitzgerald CEO Howard Lutnick told reporters that USDT issuer Tether does, in fact, have the billions of dollars it needs to meet the 1 to 1 reserve requirements for its stablecoin.

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2024-01-17 21:06:53 Skybridge Founder Expects Bitcoin to Surpass $170,000 Next Year

Skybridge Capital founder Anthony Scaramucci expects bitcoin’s price to surge past $170,000 next year if the price of the cryptocurrency remains at the current level until the halving in April.

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2024-01-17 07:35:30 ProShares files for five leveraged and inverse bitcoin ETFs

ProShares on Tuesday filed prospectus materials for five leveraged and inverse bitcoin exchange-traded funds, just days after spot bitcoin ETFs began trading. The names of the funds are ProShares Plus Bitcoin ETF, ProShares Ultra Bitcoin ETF, ProShares UltraShort Bitcoin ETF, Proshares Short Bitcoin ETF and ProShares ShortPlus Bitcoin ETF.

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2024-01-16 18:31:28 OKX Expands Global Foothold With VASP License From Dubai Regulators

OKX secured a VASP license in Dubai, expanding its global presence, showcasing dedication to regulatory adherence, and leading in Web3 tech.

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2024-01-16 07:01:40 South Korea's Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market

In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024.

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2024-01-15 21:27:00 Kevin O'Leary Says He'll Never Buy Bitcoin ETF — Prefers to Hold BTC Long Term

Kevin O’Leary, aka Mr. Wonderful, says he will never buy a spot bitcoin exchange-traded fund (ETF) as he is holding bitcoin for the long term as digital gold. “Why would I pay these fees?” he said, adding that spot bitcoin ETFs “add no value” and are “completely unnecessary.”

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2024-01-15 07:55:23 Reported ‘transfer’ of $15B XRP was part of a failed exploit attempt

According to Bitfinex chief technology officer Paolo Ardoino, an attacker attempted to make use of XRP’s partial payments feature to exploit his crypto exchange but failed.

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2024-01-14 21:51:24 Bitcoin Hashrate Hits New All-Time High Amid Spot ETF Frenzy

Bitcoin’s hash rate, that is the network’s computing power, recently reached a new all-time high amidst the frenzy that came with the debut of spot Bitcoin ETFs in the US. According to data from IntoTheBlock, the Bitcoin hashrate reached an all-time high of 630.91 million TH/s or 630 EH/s on January 11, less than 24 hours after the U.S. Securities and Exchange Commission approved 11 Spot Bitcoin ETFs in the country.

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2024-01-14 09:35:01 US Lawmaker Expects Donald Trump to Become 'a Lot More' Crypto Friendly in Second Term as President

U.S. Representative Tom Emmer expects former U.S. President Donald Trump to become “a lot more” friendly toward cryptocurrency if he returns to the White House.

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