Texas taking baby steps toward strategic Bitcoin reserve: Satoshi Action Fund

Despite depressed crypto prices and recent company collapses, one of the key investors behind crypto hedge fund Pantera Capital believes there’s never been a better time to start a blockchain company. As part of a Jan. 23 post about the year ahead from a number of executives at Pantera Capital, Paul Veradittakit, General Partner at Pantera…

Over the course of his 18-month term, Tarbert has been a consistent advocate for principles-based regulation of crypto. 1970 Total views 5 Total shares In a Dec. 10 public statement, Chairman Heath Tarbert announced that he will be leaving the Commodity Futures Trading Commission early next year. In listing accomplishments over the course of his term,…

The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate in the mediation. 82 Total views 2 Total shares Just a month after bankrupt cryptocurrency exchange FTX was seeking $4 billion from the also bankrupt crypto lender Genesis, it is now contesting a claim that…

Analyst Eric Balchunas says that initial inflows into the Ethereum ETFs accounted for roughly 50% of Bitcoin ETF inflows on day one.

Bitcoin (BTC) is entering a prime “low-risk bottom” zone as sellers finally accept FTX losses.Data from on-chain analytics firm Glassnode shows that seller exhaustion is reaching ideal levels for a BTC price leg up.Bitcoin sellers face low BTC price volatilityAlmost one month after the FTX implosion began, Bitcoin investors have either capitulated and sold at…

Ethereum addresses have been on a strong, steady increase since last year, but daily transaction volumes and the number of whales on-chain are decreasing. 398 Total views 10 Total shares New data reveals that the Ethereum network gained 18.36 million addresses with a balance greater than zero in 2021. That works out to an astonishing…

The United States Attorney for the Southern District of New York has indicted Crypto Capital executive Oz Yosef on three criminal counts.An Oct. 23 court filing obtained by Cointelegraph confirmed that Oz Yosef has been indicted by U.S. authorities on conspiracy to commit bank fraud, bank fraud and conspiracy to operate an unlicensed money transmitting…

Bitcoin trading drove $875 million in quarterly revenue for the U.S-based financial services firm Square, comprising a 75% gain over Q1 2020. Jack Dorsey’s financial services company Square, Inc. has published its second-quarter financials for 2020, revealing $875 million in revenue from Bitcoin (BTC) trading on its Cash App product.With Cash App’s Bitcoin business incurring…

Germany’s FC Bayern Munich has become the latest football club to announce blockchain-based merchandise for fans. As reported Oct. 11, the club will partner with Stryking Entertainment to produce digital collectibles of its players.Play FC Bayern Munich past vs. presentThe collectibles will take the form of digital player cards with the likenesses of FC Bayern…