
April 18th, 2025
Tesla’s involvement with Bitcoin began in February 2021 when the company announced a $1.5 billion investment in the popular digital asset.
XBTO’s recent situation is one such case where it seems that crypto sponsorship in sports is fast losing the love and popularity it once enjoyed.
The approval of spot Bitcoin ETFs was anticipated to be a positive catalyst for Bitcoin’s price. However, the reality has been starkly different, with Bitcoin experiencing a decline.
Bitcoin has fallen below $40k despite the SEC’s approval of spot ETFs, with the Grayscale ETF losing more than $2 billion since then.
Solana, like many tokens, saw a price dip in the aftermath of the FTX collapse and the crypto winter but seems to be on the road to recovery.
If formally adopted, these uniform rules will strengthen cooperation among EU member states in combating financial crime.
Sam Bankman-Fried’s parents have denied accusations suggesting they knowingly benefited from their son’s actions.
The restructuring plan will allow Core Scientific to cut $400 million in debt by equitizing the said amount in secured and unsecured claims.
The court filing contends that the government’s handling of cryptocurrencies creates an inconsistency and contradiction between the second count of commodities fraud and the first count of securities fraud.
The bankruptcy estate intends to sell these assets in order to increase the capital available for distribution to FTX account holders and creditors.
The approved ETFs are expected to attract significant inflows. Estimates suggest that Valkyrie could see $200-400 million, with the overall market experiencing $4-5 billion in inflows within the first few weeks.
The acquisition of Solscan by Etherscan comes at a time when activities on the Solana ecosystem garnered interest from crypto traders due to the resurgence of meme tokens.
It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023.
If the court approves the proposed plans from debtors, the FTX creditors could lose a huge sum of money considering the rally in crypto market this year.
While the average performance of crypto funds did not match the more than 150% rally in Bitcoin this year, the positive shift in fortunes is a promising development for the industry.