Anthony Scaramucci explains Wall Street’s “secret reality” that makes a spot bitcoin ETF bullish
Anthony Scaramucci is the founder and managing partner of SkyBridge Capital. In this episode, Scaramucci reflects on the lessons he learned in the depths of last year’s bear market, and explains why he believes the approval of a spot Bitcoin ETF in the U.S. will lead to hundreds of billions of dollars flowing into bitcoin […]
Crypto could benefit from an influx of Chinese money, Arthur Hayes says
Arthur Hayes thinks Chinese monetary authorities might be getting ready to flood the nation’s economy with credit, bolstering bitcoin and the broader cryptocurrency market as a result. “Let’s take a look at how the Middle Kingdom is about to throw gasoline on the raging fire that is the incipient crypto bull market,” the BitMEX co-founder […]
Tornado Cash plummets 56% after Binance says it’s delisting token
Tornado Cash dropped by 56% on Monday after Binance, the world’s largest cryptocurrency exchange, said it will delist the token. The token plummeted from nearly $4.00 to $1.66 at 2:55 p.m. ET, according to CoinGecko. “We periodically review each digital asset we list to ensure that it continues to meet the high level of standard we […]
Coinbase stock price rises to highest value since May 2022
Coinbase stock reached a new annual high for the year, crossing figures last observed in May 2022. After starting the month at $77, Coinbase rose to $116.4 today, an increase of 50%, according to TradingView. It’s now trading at the highest price since mid-2022.
Beleaguered exchange Zipmex halts trading in Thailand
Zipmex Thailand has halted trading, according to a message the exchange posted on its Facebook page, citing compliance with rules set by Thailand’s Securities and Exchange Commission.
Bitcoin’s rise above $40,000 ‘inevitable’ following Binance settlement: Matrixport analyst
Prosecutors seek to keep CZ in the U.S. until February sentencing
U.S. prosecutors are asking Changpeng Zhao, Binance founder and ex-CEO, not to leave the country ahead of his sentencing hearing scheduled for February 2024. In a filing on Wednesday, prosecutors said that Zhao, a citizen of the United Arab Emirates and Canada, should not be permitted to return to his home in the UAE before […]
Binance ex-CEO CZ released on $175 million bond after U.S. criminal charges
Changpeng Zhao, who stepped down as CEO of Binance today, will pay a $175 million personal recognizance bond after pleading guilty to criminal charges in the U.S. A court filing showed that Zhao must put in $175 million for the bail and must agree to appear in court in Seattle on February 23 next year for sentence hearings. Zhao […]
Meet Richard Teng. A primer on the new CEO of world’s largest crypto exchange
Richard Teng, a Singaporean industry veteran poached by Binance in 2021 to bolster its global compliance work, succeeded Changpeng Zhao today as the chief executive officer of the world’s largest crypto exchange.
The active supply of Bitcoin and Ethereum is at record lows
The percentage of tokens that have moved in the past year has fallen to record lows for both bitcoin and ether, according to data from The Block. At its peak, over 59% of bitcoin’s supply was active between March 2017 and 2018. However, in the past year, only 30.12% of bitcoin’s supply has changed hands. […]