Coinbase disclosed in a transparency report that it received 10,707 requests from global law enforcement and government agencies over the past year, an 18% decline from the previous reporting period. For the third consecutive year, the US submitted the highest number of requests from law enforcement and government agencies despite…
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Galaxy Digital founder and CEO Mike Novogratz believes Bitcoin (BTC) could match and eventually surpass gold’s market capitalization within five to eight years, following the crypto’s record-breaking momentum. Novogratz made the prediction in response to a post by Alex Thorn, head of research at Galaxy, which highlighted that Bitcoin’s market…
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BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) IBIT became the most successful ETF launch in over 10 years, following the $418.8 million in net flows registered on Dec. 16. Nate Geraci, CEO of The ETF Store, highlighted that IBIT had beaten approximately 2,850 ETFs. He added: “In other words, IBIT…
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Coinbase pushed back against BiT Global’s legal attempt to halt its planned delisting of wrapped Bitcoin (WBTC), arguing that the lawsuit lacks merit and the firm’s request for a temporary restraining order (TRO) should be denied. According to court filings, Coinbase decided to delist WBTC due to concerns about risks…
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Dennis Porter, founder of the Satoshi Action Fund, has unveiled a draft of an executive order crafted for President-elect Donald Trump to establish a Strategic Bitcoin (BTC) Reserve within the Exchange Stabilization Fund (ESF). The order allows for an initial allocation of up to 2% of the ESF’s total portfolio…
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A “new wave” of crypto exchange-traded funds (ETFs) is expected in 2025 as the regulatory landscape improves under the incoming Trump administration, according to Bloomberg Intelligence analysts. Bitcoin-Ethereum (ETH) combination products will likely lead the charge, followed by Litecoin (LTC) and Hedera Hashgraph (HBAR). However, legal and regulatory hurdles are expected…
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European Union Member of Parliament Sarah Knafo has urged the bloc to prioritize a Strategic Bitcoin Reserve instead of moving forward with the European Central Bank’s (ECB) digital euro project. In a Dec. 17 video shared on X, Knafo criticized the ECB’s plan for a centralized digital currency, arguing it…
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Ethereum (ETH) is poised for a resurgence in 2025 as it rides a wave of emerging trends to capitalize on a $100 trillion opportunity in tokenizing real-world assets (RWAs), according to a letter shared with investors by Bitwise’s senior investment strategist, Juan Leon. The document highlighted that the crypto market was…
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Crypto trading is rapidly outpacing traditional finance, with Coinbase leading the charge thanks to the improved market sentiment sparked by Donald Trump’s election victory. Jamie Coutts, the chief crypto analyst at Real Vision, shared data showing that Coinbase currently ranks fifth globally for exchange revenue, generating $5.75 billion over the…
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The European Securities and Markets Authority (ESMA) has released its final guidance ahead of the full implementation of the Markets in Crypto-Assets (MiCA) regulations across the region, according to a Dec. 17 statement. This marks a culmination of 18 months of regulatory efforts, during which ESMA developed over 30 Technical…