Market
Bitcoin recovers $100k price level as expectations of Fed rate cut rise
Expectations of a 25 basis points rate cut come to 98% as CPI numbers come as expected.
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Crime
SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam
Using voice-modification software and AI, the defendants crafted elaborate façades to deceive investors into fraudulent Bitcoin purchases.
Exchanges
Coincheck crypto exchange enters Nasdaq as second publicly traded US crypto exchange
Coincheck's Nasdaq debut strengthens US-Japan crypto ties, raising expectations for favorable regulatory shifts in digital assets.
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Bankruptcy
FTX recovers $14.5 million through political donation settlements
Political entities return millions in donations as FTX continues its quest to reclaim assets from Bankman-Fried's sprawling influence campaign.
Exchanges
Circle looks to Binance to help USDC catch up with Tether in stablecoin adoption
Binance and Circle aim to propel USDC into the forefront of crypto finance and global commerce.
Stablecoins
Ripple secures NYDFS greenlight to launch RLUSD stablecoin
Bard Garlinghouse confirmed the regulator approval, stating the stablecoin will go live soon.
TradFi
Goldman Sachs eyeing crypto market-making for Bitcoin, Ethereum if US regulations shift
David Solomon acknowledged crypto as an interesting technology during the Reuters Next event, says there are no reputational risks in them.
Adoption
Anthony Scaramucci predicts China to create strategic Bitcoin reserve in 2025
Scaramucci's remarks hint at a geopolitical shift as nations prepare for a Bitcoin-inclusive financial strategy.
Mining
Bitmain launches US production line to outmaneuver geopolitical trade tensions
Bitmain's US expansion aims to alleviate supply chain challenges and bolster market dominance amidst tightening trade tensions.
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Investments
Weekly crypto inflow hits record high of $3.85 billion as Bitcoin, Ethereum, and XRP shine
Mining
Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy
People
Ripple CEO Brad Garlinghouse questions ’60 Minutes’ omission of key XRP legal victory
Crypto