Goldman Sachs, one of the world’s largest investment banks, has reported $710 million in (ETF) holdings in its latest filing with the U.S. Securities and Exchange Commission (SEC). This is a significant 70% increase in Bitcoin ETF investments since the previous quarter, reflecting the bank’s growing confidence in the cryptocurrency
Ilya Lichtenstein, the hacker behind the 2016 Bitfinex exchange breach, has been sentenced to five years in prison for his role in one of the largest cryptocurrency thefts in history. Lichtenstein, 35, stole approximately 120,000 Bitcoin, valued at $71.8 million at the time. Today, those stolen funds are worth over
The crypto market witnessed a remarkable surge in meme coins. The meme market cap has reached $125 billion, marking an 8% surge in the last 24 hours. The major meme coins led the charge among the gainers list. Market analysts forecast the meme coin rally with the asset’s gain in
The UK government is to unveil its plans for cryptocurrency regulation in response to the fast-evolving industry. Following the victory of Donald Trump in the US presidential election, hailed by the crypto space, the UK faces increased pressure to provide clarity and supportive regulations for digital assets. The UK Treasury
One of the world’s leading Web3 social metaverse platforms ZTX is expanding its reach into the crypto meme world through a strategic partnership with STIX, which is a Web3 platform for meme promotion and prediction. Through this alliance, the companies want to leverage STIX’s engagement with diverse memecoin communities to
The Japanese investment firm, Metaplanet, known as Asia’s MicroStrategy, recorded a surge in its Bitcoin holdings, increasing by $28 million this year. This resulted in doubling the firm’s market valuation. Despite the surge, Metaplanet’s stock has witnessed a brief decline. The mid-2024 noted the beginning of the focused acquisition efforts
The U.S. Department of Justice (DOJ) has registered a civil forfeit lawsuit to recover $16 million worth of crypto assets, assumed to be linked to the controversial crypto exchange, FTX and its founder Sam Bankman-Fried. Among the crypto assets, more than half of the assets were held in Solana (SOL),
The USA has been shifting major blocks within the crypto regulatory landscape over the last few days alone. Particularly, President-elect Donald Trump in the last 24 hours, announced the initiation of the Department of Government Efficiency (DOGE) appointing Elon Musk and Vivek Ramaswamy in leading positions. On the other hand,
The seventh largest crypto exchange, Bitget has officially re-entered the UK market after a six-month interval. This follows compliance with the UK’s Financial Promotions Regime (FPR), which commands standards for promoting financial products, including crypto assets. The exchange’s relaunch was through the partnership with Archax, a Financial Conduct Authority (FCA)
Binance CEO Changpeng Zhao recently dismissed recurring claims that “Bitcoin is dead,” reaffirming Bitcoin’s durability in the face of doubt. Posting on X, CZ shared a link to the “Bitcoin is Dead” website, which catalogues predictions of Bitcoin’s decline. Despite its global financial influence, Bitcoin faces persistent criticism, a trend
