Celsius claims Tether’s 2022 Bitcoin sale broke contract terms. Over 39,500 BTC were liquidated at $20,656 average price. Claims include breach of contract and fraudulent transfer. Celsius Network’s efforts to hold Tether accountable for a $4 billion Bitcoin liquidation just cleared a major hurdle in US court. A bankruptcy judge has now allowed Celsius to proceed with legal action against Tether, despite the stablecoin giant’s attempts to halt the case on jurisdictional grounds. The lawsuit centres on claims that Tether […]
Bitcoin (BTC) is trading steadily above the $105,500 mark as the Asian trading day gets underway on Wednesday. This comes after a slight correction from the $107,000 level it held during US business hours. Despite the significant geopolitical upheaval of the past few weeks, including a US strike on Iran that surprised both geopolitical experts and prediction market bettors, Bitcoin has once again demonstrated its resilience as a store of value. CoinDesk market data shows that the asset class has […]
Key takeaways Bitcoin is down 1.5% in the last 24 hours and now trades below $106k. The leading cryptocurrency by market cap risks dropping to $100k after failing to hold key support levels. The cryptocurrency market is having a poor start to the week, with Bitcoin relinquishing some of the gains it recorded last week. The world’s leading cryptocurrency by market cap has lost 1.5% of its value in the last 24 hours and now trades below $106k. At press […]
The U.S. Securities and Exchange Commission has approved Grayscale’s Digital Large Cap Fund conversion into a spot ETF. The fund holds Bitcoin, Ethereum, XRP, Solana, and Cardano. Experts expect approvals of multiple crypto spot ETFs. The U.S. Securities and Exchange Commission (SEC) has approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF). GDLC is a fund that holds mega cap cryptocurrencies Bitcoin (BTC), Ethereum (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA). SEC’s […]
Bitwise has reiterated its bullish call for Bitcoin to reach $200,000 by year-end. Bitwise said several of its December 2024 predictions for 2025 remain on track. The firm is less certain about the outlook for Ethereum and Solana, both of which have underperformed this year. At the midway point of 2025, digital asset manager Bitwise has reiterated its bullish call for Bitcoin to reach $200,000 by year-end, citing surging institutional interest and a supportive regulatory backdrop. However, the firm is […]
Block3 is a project aiming to disrupt the economics and timelines of game development. The project’s presale has started. Tokens are currently available at $0.01. The presale is scheduled to run for 90 days. The gaming industry is under pressure. Traditional game studios are grappling with a mix of shrinking budgets, project delays, and workforce reductions. At the same time, new players are stepping in with alternative approaches that challenge established development models. One such entrant is Block3, a project […]
Anemoi boosts Bitcoin exposure to 40%, signalling a bold shift in treasury strategy. Company eyes up to 75% crypto allocation amid rising concerns over US deficit. Bitcoin Pepe presale draws $16.2M as July 31 listing and 30% buyer bonus fuel excitement. UK-based Anemoi International has stepped up its commitment to Bitcoin, now holding close to 40% of its cash reserves in the cryptocurrency, up from 30%, according to a press release issued on Tuesday. The company made the latest investment […]
The potential approval of multiple crypto ETFs could mark a major moment for the altcoin and meme coin space. In such a scenario, projects like Bitcoin Pepe may gain from the increased visibility. The project’s presale has now raised over $16.2 million. The team is expected to make a final listing annoucement on July 31. The cryptocurrency market traded mostly lower on Tuesday, with Bitcoin hovering near the $107,000 level as traders remained cautious ahead of the July 9 US […]
Aptos Labs’ co-founder and CEO Avery Ching, has joined the CFTC’s GMAC Digital Asset Markets Subcommittee. The appointment could be huge for APT price. Institutional acceptance and regulatory clarity may be key to Aptos’ price. Aptos, a leading layer 1 blockchain, could see the price of its native token spike amid latest news related to the US Commodity Futures Trading Commission (CFTC). The APT token traded around $4.78, just in the red on the day but 17% up over the […]
The average purchase price for the new acquisition was $106,801 per coin. The company has now spent approximately $42.4 billion on Bitcoin since it began accumulating the crypto. According to data from Bitcoin Treasuries, 134 public companies now hold bitcoin on their balance sheets. Michael Saylor’s Strategy, the largest public holder of Bitcoin, added 4,980 BTC to its balance sheet last week, according to a US Securities and Exchange Commission filing on Monday. The purchase, valued at $531.1 million, came […]