Coinbase has successfully fended off a restraining order sought by BiT Global as a California court ruled in favor of the exchange’s decision to delist Wrapped Bitcoin. The Hong Kong-based company BiT Global is allegedly tied to crypto entrepreneur and Tron founder Justin Sun, who had sought the order to prohibit Coinbase from removing Wrapped
Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective. Speaking at a routine conference after announcing monetary decisions, Fed chair Powell stated that the U.S. central bank cannot own Bitcoin (BTC) and, thus, is unable to hold a BTC reserve. The bank regulator stressed that current
Aave DAO delegate and service provider Aave Chan Initiative has initiated a proposal on the crypto lender’s governance forum to deploy Aave v3 on Sonic. Sonic Labs announced the mainnet launch of its layer-1 Ethereum Virtual Machine-compatible blockchain Sonic on Dec. 18. The new governance proposal seeks community support that would allow the integration of
At the Plan ₿ Forum in Lugano, Switzerland, Tether CEO Paolo Ardoino gave an insight into the financial reserves of Tether, disclosing that the stablecoin heavyweight holds 82,454 BTC and 48.3 tons of gold. Paolo Ardoino Clarifies Tether’s Asset Reserves Following Forum Presentation This week, tether’s market cap soared past $120 billion, making it about
Economist Peter Schiff forecasts a “Trump dump” for bitcoin, questioning its weak momentum amid Donald Trump’s rising election odds. Peter Schiff Sees ‘Trump Dump’ for Bitcoin Economist and gold advocate Peter Schiff, known for his skeptical view on bitcoin and fervent support of gold, has shared insights on both assets amid recent market shifts. Posting
Ethereum founder Vitalik Buterin responded to concerns about ETH token sales by him and the Ethereum Foundation, which has repeatedly sold ETH for cash this year. On-chain analyses have frequently highlighted periodic ETH movements from the Ethereum Foundation. For example, on October 15, the foundation sold ETH valued at approximately $258,000. A week before that
According to a Friday report by the Wall Street Journal, Tether, the flagship stablecoin issuer, is currently being investigated by the US government. The probe is meant to determine whether or not Tether has violated anti-money-laundering rules and sanctions. The Bitcoin price plunged sharply lower following the report, currently trading at $65,971 on the Bitstamp
BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion commodities / gold Wall Street and Main Street rein in their optimism on gold prices for next week By Ernest Hoffman Published: Oct 25
BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion commodities / gold Gold investors are buying the dip By Neils Christensen Published: Oct 25, 2024 – 5:58 PM Updated: Oct 25, 2024 –
BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion cryptocurrencies / bitcoin Stocks slip, crypto falters as Tether faces scrutiny, gold stands strong By Jordan Finneseth Published: Oct 25, 2024 – 8:47 PM