Crypto news

Tether Treasury has been actively minting USDT tokens amidst choppy market conditions. In the latest development, $3 billion worth of USDT tokens were mined by the Tether Treasury within a period of three days, according to an update by Lookonchain. The tokens were then distributed across the Ethereum and TRON blockchains. This surge in USDT minting has sparked curiosity regarding the destination. Since April 1st, approximately $2.55 billion USDT has flowed into prominent...

CoinspeakerBlackRock Adds Goldman Sachs, Citigroup, Others, to Spot Bitcoin ETF Authorized Participants BlackRock is set to pump liquidity of its IBIT ETF by adding multiple Authorized Participants, with a new total of nine. BlackRock Adds Goldman Sachs, Citigroup, Others, to Spot Bitcoin ETF Authorized Participants

CoinspeakerAustralian Asset Manager Monochrome Gears to Launch Spot Bitcoin ETFs by July The Australian Securities Exchange (ASX) has already granted approval to Monochrome thereby expecting the Cboe to clear the application by June.  Australian Asset Manager Monochrome Gears to Launch Spot Bitcoin ETFs by July

CoinspeakerSouth Korea to Introduce Stringent Guidelines for Crypto Exchange Listings in May The South Korean government is about to roll out new guidelines to impose stricter regulation for token listings on centralized crypto exchanges (CEXs) as soon as next month.   South Korea to Introduce Stringent Guidelines for Crypto Exchange Listings in May

CoinspeakerWhen Will PEPE Continue Its Bullish Rally as Bears Show No Sign of Slowing Down? For the bulls to regain control in the short term, they must gather sufficient momentum to overcome the resistance level at $0.0000075 and successfully confirm it as a support level through a retest. When Will PEPE Continue Its Bullish Rally as Bears Show No Sign of Slowing Down?

This week was quite a volatile rollercoaster for the primary cryptocurrency and the rest of the market, perhaps driven by actions undertaken by the US government. Recall that BTC’s price had stalled at around $69,000 last Friday as the bulls had failed to overcome the $70,000 level. Following a relatively quiet weekend, in which BTC stayed at around the same levels, it went on the offensive once again on Monday to over $71,000. However, Bitcoin failed to overcome that...

CoinspeakerSony Bank to Conduct Stablecoin Trial on Polygon Sony’s attempt to perform its stablecoin trial on Polygon’s blockchain is significant as the network boasts a huge user base, thus allowing the firm to optimize the advancement and potency of the project. Sony Bank to Conduct Stablecoin Trial on Polygon

CoinspeakerPhilippines SEC Moves on eToro, Says Platform Offers Unregistered Securities Despite eToro's giant status and popularity, the Philippine finance regulator would not allow unregulated crypto business. Philippines SEC Moves on eToro, Says Platform Offers Unregistered Securities

CoinspeakerTerraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions Terraform Labs is set to deliver their final arguments in a civil fraud trial accused of defrauding investors with the TerraUSD stablecoin, which led to $40 billion in losses and wider crypto market havoc in 2022. Terraform Labs Trial Wraps with Jury Verdict, Faces Severe SEC Penalties and Sanctions

CoinspeakerThe Resurgence of Crypto Investments in Q1 2024 The first quarter of 2024 has marked a significant turning point for the crypto industry, with venture capital (VC) investments witnessing a substantial rebound, breaking a two-year downtrend. The Resurgence of Crypto Investments in Q1 2024