Direct Bitcoin trading is still more popular than ETFs for Robinhood users, says its chief financial officer Jason Warnick amid better-than-expected Q4 2023 results.

Bitcoin ETFs haven’t cannibalized spot Bitcoin trading — Robinhood CFO

Robinhood traders haven’t taken to spot Bitcoin exchange-traded funds (ETFs), with the bulk of crypto trading on the platform remaining in spot Bitcoin, says the company’s chief...

7 months ago

Nelson Highlights Treasury’s Focus on Illicit Finance

US Treasury to Discuss Crypto Finance Concerns at Congressional Hearing

The United States Treasury is gearing up to address Congress on the emerging challenges posed by cryptocurrencies to existing financial regulatory frameworks. In his prepared test...

7 months ago

Between Feb. 13 and Feb. 14, 2024, the volume of liquidations in the cryptocurrency market approached $140 million.

Crypto liquidations daily volume approaches $140m

According to CoinGlass, 45,965 traders have had their positions liquidated in the last 24 hours. Approximately $91 million in losses came from long positions and almost $49 million from sho...

7 months ago

Digitex CEO Charged for Illegally Operating Crypto Futures

Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Off...

7 months ago

The Litecoin Blockchain, like many of its peers, is strengthening its position, along with the entire Litecoin ecosystem with external partnerships.

Litecoin (LTC) Partnerships: Bridging Traditional and Crypto Industries

Courtesy of the partnership, purchases made through PayPal will automatically be sent to users’ Ledger hardware wallets, similar to other Ledger live options. In previous years, ...

7 months ago

In its fourth-quarter report for 2023, CoinShares highlighted that its total assets under management as of Dec. 31, 2023, was $3.81 billion.

CoinShares declares $108M revenue in 2023 earnings report

Digital asset investment platform CoinShares declared $108.5 million in annual revenue in its fourth-quarter report for 2023. In the fourth quarter of 2023 alone, CoinShares repor...

7 months ago

The criminal sentencing of Binance founder Changpeng Zhao on a money laundering rule charge has been postponed until April 30

Criminal sentencing of Binance founder CZ postponed to late April

That docket entry did not explain what would be a two-month delay in sentencing Zhao, a Canadian national widely known as “CZ” who is free on a $175 million release bond in the Unite...

7 months ago

Bitcoin’s recent rise above $50,000 for the first time since late 2021

Bitcoin Breaks $50K Barrier: Bulls Roar Back After ETF Launch

This rally represents a recovery from the initial days following the opening of the spot ETFs, when Bitcoin experienced a drop below $40,000, eventually plummeting to $38,500 shortly after the E...

7 months ago

Policy Implication of Warren’s Anti-Crypto Legislation

Blockchain Association Warns Warren’s Anti-Crypto Legislation Threatens US Jobs and Strategic Advantage

The Blockchain Association has sent a second letter to the House Financial Services Committee and Senate Banking Committee expressing concerns over a bill sponsored by Senator Elizabeth Warren.

7 months ago

Most accused celebrities came out to deny their links to the fraudulent schemes, while a few involved have ceased all relationships with the accused firm.

South Korea rocked by alleged celebrity crypto scandal

South Korea has been hit by an alleged crypto scandal linked to many popular celebrities and YouTubers involving the promotion of a fraudulent scheme. According to a report p...

7 months ago