Block Inc. negotiating settlement with NYDFS over alleged compliance deficiencies
Block Inc. is reportedly in talks with New York regulators to settle concerns over its Bitcoin and compliance programs. In its latest Form 10-K filing with the United States Securities and Exchange Commission, the Jack Dorsey-founded company said it is…
GameStop CEO confirms receiving Bitcoin investment proposal from Strive CEO
Key Takeaways GameStop received a proposal to invest $5 billion in Bitcoin from Strive Asset Management. The investment is seen as an opportunity for GameStop to become a major bitcoin treasury player in the gaming sector. Share this article GameStop…
Bitcoin Price Heads South: Where Can BTC USD Find a Bottom?
Bitcoin price is in bear hands today and yesterday. BTC is currently hovering around $88,000 and trading at 20% below the ATH of $109,900 at the time of writing. When crypto sees a drop like this, fear can overcome rationality…
SBF Breaks Silence After 2 Years, Sending FTT Above $2 Briefly
FTT, a token linked to the now-defunct FTX crypto exchange, briefly went past $2 after Sam Bankman-Fried, also known as SBF, broke his two-year silence on X. The disgraced former CEO, currently serving a 25-year prison sentence, sparked debate when…
Bitcoin slips below $90k, triggering $1B crypto liquidations
Bitcoin’s sharp decline to 86,099 wiped out $1.06 billion across the crypto market, with long positions suffering $873 million in losses. According to Feb. 26 data from Coinglass, as many as 230,000 traders have been liquidated in the past 24…
Bitcoin ETFs suffer record $935 million net outflows as investors turn risk-averse
Key Takeaways Bitcoin ETFs recorded a record $935 million net outflows amid a sell-off driven by macroeconomic concerns. The crypto market’s downturn is fueled by investors’ risk aversion due to tariff threats and inflation concerns. Share this article US spot…
Dubai’s VARA Plans Enforcing Disclosure Of Crypto Whales To Safeguard Investors
Dubai’s Virtual Assets Regulatory Authority (VARA) is planning to mandate the disclosure of ‘Crypto Whales’ registered with crypto issuers and service providers. Holders of large amounts of cryptocurrency, also commonly known as ‘Crypto Whales,’ have become major market movers due…
Robinhood’s Crypto Unit Cleared as US SEC Wraps Up Investigation Without Action
The cryptocurrency unit of the American financial services company Robinhood is now in the clear as the Securities and Exchange Commission (SEC) has closed its investigation into the business. According to a blog post by Robinhood, the SEC revealed in…
Robinhood stock dips 8% as CEO Tenev remains bullish on crypto trading
Robinhood’s stock declined on Feb. 25, but chair and CEO Vlad Tenev remains confident. In an interview on “Bloomberg Crypto” with Sonali Basak and Tim Stenovec, Tenev said, “The business has been doing tremendously well.” He pointed to strong fourth-quarter…
SEC acknowledges Grayscale Ethereum ETF staking proposal, decision expected by May
Key Takeaways The SEC is reviewing NYSE Arca’s proposal for staking activities in Grayscale Ethereum Trust ETFs, with a decision before May 26, 2025. The proposal allows the Trusts to stake ether through trusted providers, earning rewards as income without…
