FBI arrests man behind SEC twitter hack posting fake Bitcoin ETF approval

[ad_1] Key Takeaways An Alabama man orchestrated a SIM swap to illegally access and manipulate the SEC’s Twitter account. The fraudulent Bitcoin ETF approval tweet caused a rapid $1,000 increase and subsequent... Read more »

Litecoin spikes 10% as Canary Capital applies for spot LTC ETF

[ad_1] Key Takeaways Litecoin briefly surged past $70 after Canary Capital filed with the SEC for a Litecoin ETF. Given that the SEC views most crypto assets as securities, it remains unclear... Read more »

Tether explores lending billions to commodity traders to shake up traditional trade finance

[ad_1] Key Takeaways Tether eyes commodity trade lending as smaller firms struggle to access traditional financing. USDT is already facilitating cross-border trade for Russian and Venezuelan exporters, underscoring stablecoins’ growing role. Share... Read more »

Trump faces potential assassination attempt ahead of World Liberty token sale

[ad_1] Key Takeaways A potential assassination plot against Trump occurred ahead of the World Liberty token sale. The police assessed that the incident did not pose a direct threat to Trump or... Read more »

Crypto markets dip as inflation data looms, Bitcoin holds firm above $60,500

[ad_1] Key Takeaways Bitcoin and Ether prices fall as the US dollar strengthens ahead of inflation data. The Fed may shift its focus toward supporting the labor market instead of prioritizing inflation... Read more »

Ripple co-founder donates $1 million XRP to Kamala Harris campaign

[ad_1] Key Takeaways Larsen’s donation marks the first crypto contribution to Harris’ campaign. Future Forward PAC surpasses $200 million in donations, backed by crypto platforms like Coinbase Commerce. Share this article Ripple... Read more »

$9 trillion Charles Schwab survey finds 45% of respondents plan to invest in crypto ETFs

[ad_1] Author: Victor J. Blue Key Takeaways 45% of ETF investors plan to invest in cryptocurrency ETFs in 2024. Millennials show a higher risk appetite with a major shift towards equities and... Read more »

Mt. Gox extends repayment deadline by one year to October 2025

[ad_1] Key Takeaways Mt. Gox has delayed its repayment deadline to October 2025. The delay is due to technical and administrative challenges faced by creditors. Share this article Mt. Gox, the defunct... Read more »

China launches ¥500 billion funding scheme to support stock market

[ad_1] Key Takeaways China’s central bank has launched a ¥500B scheme to support the stock market. Financial institutions can use various assets as collateral under the new funding scheme. Share this article... Read more »

$2.4 billion may re-enter crypto markets following FTX repayment, suggest analysts

[ad_1] Key Takeaways Estimated $2.4 billion from FTX repayments could reenter the crypto market. The plan could provide a positive boost to the crypto market, but the impact may be limited and... Read more »