Bitfinex Secures El Salvador’s DASP License, Expands Regulated Offerings

Czech Republic Explores Strategic Bitcoin Reserve Amid Global Adoption Surge

The Czech Republic is exploring Bitcoin as a strategic reserve, following growing interest in national Bitcoin adoption.

ByPeter Macharia

Michael Barr Resigns from Key Fed Position Amid Crypto Regulatory Push

Michael Barr’s resignation from the Federal Reserve Board signals potential shifts in crypto regulations, leaving a significant impact on U.S. banks and digital assets.

ByPeter Macharia

Ripple’s Legal Battle: Will the SEC Drop the Appeal Under New Leadership?

The Ripple vs. SEC case nears its resolution, with new SEC leadership possibly leading to a settlement and affecting XRP’s future.

ByPeter Macharia

Ethereum

Ethereum ETFs Pull in $128.7 Million Recording No Outflows

Ethereum ETFs pulled in $128.7 million for the day recording no outflows in the process. It has been a year of inflows and no outflows so far for both Bitcoin and Ethereum Exchange Traded funds. Bitcoin ETFs pulled in nearly $2 billion in the last two days driving Bitcoin price above $100,000. Ethereum ETFs have…

Bitcoin News

Bitcoin ETFs record nearly $1 billion inflow, pushing Bitcoin above $100,000

The 11 spot Bitcoin ETFs pulled in a staggering $978 million in inflows almost hitting the $1 billion mark for the second time in a row. The massive inflows into the Bitcoin ETFs helped push the crypto asset above the $100,000 mark for the first time since the second week of December 2024. Eight out…

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Backpack Exchange Acquires FTX EU in Landmark Deal Approved by Cyprus SEC

Key Takeaways Backpack Exchange acquired FTX EU after approvals from a U.S. court and CySEC. The deal secured a CySEC license, enabling regulated cryptocurrency services across Europe. Backpack prioritized refunds to FTX EU customers before launching spot, margin, and futures trading. Backpack Exchange has acquired FTX EU, the European arm of the collapsed cryptocurrency exchange…

ByDaniel Nwokolo

Governor of the Czech National Bank Hints at Bitcoin Becoming an Option For Future Reserve

The governor of the Czech National Bank, Aleš Michl, hinted at Bitcoin becoming a potential option to diversify the country’s growing foreign exchange reserves. He explained that the Czech government is increasingly seeing Bitcoin as a viable savings technology. Speaking in an Interview with CNN Prima Michi revealed that he was considering acquiring some Bitcoin…

Coinswitch Exchange Announces Recovery Program for WazirX Victims, Faces Backlash

Ashish Singhal, CEO of Indian exchange Coinswitch announced a recovery program for victims of the $230 million WazirX hack that occurred in July 2024. The recovery program however drew backlash from members of the Wazir X community as it is perceived as a marketing strategy rather than a genuine effort to help. Singhal announced this…

Gemini Settles CFTC Case with $5 Million Agreement Over Misleading Statements

Gemini Trust Co. agrees to a $5 million settlement with the CFTC, resolving allegations of misleading statements during its bid for a Bitcoin futures contract. CFTC: Background of the Case The Commodity Futures Trading Commission (CFTC) has resolved its lawsuit against Gemini Trust Co., a cryptocurrency exchange founded by Cameron and Tyler Winklevoss. Bloomberg reported…