Binance’s $4.3 Billion Settlement Faces DOJ Scrutiny Over FTX Ties In Monitorship Decision |

[ad_1] In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor.  The decision concerns the firm’s previous work for the now-bankrupt FTX exchange. The monitorships were part of the $4.3 billion deal in which Binance pleaded guilty to … Read more

Crypto Expert Predicts Bitcoin Will Reach $650,000 Due To This Reason

[ad_1] A crypto analyst has made a bold prediction about Bitcoin, anticipating that the pioneer cryptocurrency could surge to $650,000 as the Spot Bitcoin ETF market continues to grow.  BTC’s Next Price Target Expected At $650,000 In an X (formerly Twitter) post published on Monday, Willy Woo, a popular analyst and crypto expert with over … Read more

Azteco Is Helping Millions Buy Bitcoin Without Sharing Their Identity

[ad_1] Company Name: Azteco Founders: Alexander Fernandez and Paul Ferguson Date Founded: 2014 Location of Headquarters: Santa Monica, CA Amount of Bitcoin in Treasury: Not disclosed Number of Employees: 12 Website: Public or Private? Private When Alexander “Akin” Fernandez first conceptualized Azteco over a decade ago, he simply wanted to make bitcoin easier to obtain. … Read more

The Weekly Reorg: Bitcoin Fashion Week

[ad_1] In case you missed it, Bitcoin Season 2 released part of its Spring/Summer collection last week. Amongst other things, Mezo, a “Bitcoin economic layer” came out of stealth with a $21 million fundraising round. Alpen Labs announced a $10.6 million bankroll to bootstrap a Bitcoin-native zero-knowledge infrastructure. Another posse of blockchain designers, including the … Read more

Demand For Spot Bitcoin ETFs Stagnate For 4 Straight Weeks: More Pain For BTC HODLers?

[ad_1] Despite the active on-chain accumulation, demand for Bitcoin exchange-traded funds (ETFs) in the United States appears to have stagnated over the past four weeks, according to Ki Young Ju, the founder of CryptoQuant, an on-chain analytics platform. This assessment, the founder notes, is even when excluding ETF settlement transactions.  Spot Bitcoin ETF Demand Slumps In … Read more

Bitcoin Long-Term Holders Slow Down After 700,000 BTC Selloff, Reversal Sign?

[ad_1] On-chain data shows the Bitcoin long-term holder selling pressure has been running out recently after an extended selloff from the group. Bitcoin Long-Term Holders Have Sold Huge In Past 4 Months As analyst James Van Straten explained in a post on X, the long-term holders have massively reduced distribution during the last ten days. … Read more

Bitcoin Exchange Outflows Intensify as Market Recovers From Weekend Wipeout: Bitfinex

[ad_1] The neutralization of funding rates in crypto perpetual markets following the drawdown suggested that the correction was healthy and that volatility may eventually decline. With the Bitcoin halving a few days away, the amount of BTC leaving centralized exchanges has risen to levels not seen for more than 15 months. At the same time, … Read more