Bitcoin’s Correlation With Nasdaq 100 Hits Two-Year High Amid Inflation Concerns

Trading patterns in equity markets reveal that investors are bracing for increased volatility as the latest U.S. inflation report is set to be released. Bitcoin Moving in Tandem With Tech Stocks The correlation between bitcoin and U.S. technology stocks has surged to a two-year high, underscoring how the equity market’s response to the upcoming U.S. … Read more

Bitmex Settles for $100M in Money-Laundering Case After DOJ Allegedly Demanded $420M

Bitmex has been ordered to pay a $100 million fine after a protracted legal battle stemming from violations of U.S. money-laundering regulations. Bitmex Hit with Additional $100 Million Fine Over Bank Secrecy Act Breach In July 2024, HDR Global Trading Limited, the operator behind the Bitmex exchange, admitted guilt in contravening the U.S. Bank Secrecy … Read more

Insiders Claim SEC May Ease Crypto Enforcement Under Trump Administration

The U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump appears poised for a strategic shift in its treatment of cryptocurrency regulations, according to insights shared with Reuters by three unnamed individuals briefed on the matter. Report Says Pro-Crypto Agenda Will Drive SEC’s New Regulatory Approach Reuters reports that Republican commissioners Hester Peirce and … Read more

Bitcoin Outperformed Crypto Hedge Funds in 2024

Despite having a fantastic year in 2024, crypto hedge funds could not match bitcoin’s phenomenal returns. Crypto Hedge Funds No Match for Bitcoin Hedge funds focused on cryptocurrencies delivered double-digit returns in 2024. This is according to data from Galaxy’s Visiontrack Composite Index, which measures the performance of 130 crypto-dedicated hedge funds. The hedge funds … Read more

Moonpay Acquires Solana-Focused Crypto Payment Processor Helio

Moonpay, one of the largest crypto onramps, has recently acquired Helio, a Solana-focused payment processor. With the deal, Helio will remain a separate brand, operating as a Moonpay subsidiary, with its employees becoming shareholders. Moonpay Acquires Helio in $175 Million Deal Moonpay, one of the leading crypto onramps, has announced the acquisition of Helio, a … Read more

Circle Reports $18 Trillion in Lifetime USDC Transactions

The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment … Read more

Blackrock: Bitcoin Adoption Surpasses Internet and Mobile Phones

The adoption of crypto assets has grown quickly, drawing interest from both institutional and retail investors. Internet and Mobile Phone Adoption Outpaced by Bitcoin A recent market insights publication by Blackrock revealed that the adoption of crypto assets, especially bitcoin has outpaced the growth of the internet and mobile phones. The adoption of crypto assets … Read more

Genius Group to Expand Bitcoin Holdings With $33 Million Rights Issue

Genius Group intends to invest 100% of the proceeds from the $33 million rights issue into the acquisition of more bitcoin. Bitcoin is Genius Group’s Favorite Investment Asset Genius Group, an artificial intelligence (AI)-based educational tech company has announced a $33 million rights offering for the company’s ordinary stock with all net proceeds going toward … Read more

Bubblemaps to Launch New Token on Solana

The token will be used to support a new community-driven crypto investigations platform called the Intel Desk. Bubblemaps Looks to Decentralize Blockchain Intelligence Blockchain analytics and investigations firm Bubblemaps will soon launch its own token dubbed BMT to power a new community-driven crypto investigations platform called the Intel Desk, according to an announcement by the … Read more

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