Rebecca Rettig, a veteran crypto legal expert, joins Jito Labs as its first CLO to navigate regulatory changes amid rapid growth.
News
Coinbase introduces Bitcoin-backed loans, offering users up to $100K USDC through Morpho protocol.
Key Takeaways: South Korea’s Financial Intelligence Unit (FIU) issued a suspension notice to Upbit over alleged KYC violations, affecting up to 600,000 accounts. The suspension could bar new user registrations for six months, with a final decision expected on January 21. If found guilty, Upbit faces fines up to billions of dollars, intensifying regulatory scrutiny…
Ethereum ETFs continued a streak of low inflows pulling in only $59.7 million yesterday. The nine Ethereum ETFs recorded no outflow continuing the trend of Extreme Investor activity noticed this year. Only four Ethereum ETFs recorded a transaction yesterday with five Ethereum ETFs stuck at null. Low investor activity was reversed in the Bitcoin ETFs…
The 11 Bitcoin ETFs pulled in a staggering $755 million ending three days of consecutive outflows. The Bitcoin ETFs recorded no outflow for the day with inflows playing a key role in pushing Bitcoin price above $100,000 for the first time in a while. Yesterday recorded a serious improvement in investor activity with nine out…
Key Takeaways: HashKey Group unveils 2025 market predictions, backed by 50,000 community votes. Bitcoin may exceed $300,000, Ethereum $8,000, total market cap $10 trillion. Trends include stablecoin growth, AI adoption, regulatory shifts, and institutional interest. HashKey Group has unveiled its "Top 10 Market Predictions" for 2025, following a 9-day community voting process involving nearly 50,000…
A weekly report by CryptoQuant predicted Bitcoin to hit a maximum price of $249,000 under the Trump Administration. The report cites growing institutional capital inflows and promising regulatory policies as the key drivers of the proposed Bitcoin price surge in 2025. Bitcoin could be targeting a price of $145k-$249 in 2025 driven by institutional capital…
Eric Balchunas, Bloomberg ETF analyst and Top voice in the finance space pointed out that Litecoin is the crypto asset most likely to receive exchange-traded funds following a recent development around the asset. Eric was reacting to an X post by James Seyyfart which revealed that Canary Funds have filed an amended S-1 for their…
BitMEX has been fined $100 million by a U.S. judge for violating the Bank Secrecy Act after admitting to money laundering violations.
The SEC filed a lawsuit against Elon Musk, accusing him of securities fraud during his Twitter acquisition. The lawsuit seeks penalties and a jury trial.