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🔹Latest Crypto News, Updates, Analysis and Deeper Insights in the whole Crypto space. 🔹No subscription fee🔊 @CryptoWorldNews @CryptoWorldICOs @CryptoWorldAnalysis Admin of the Channel: @AdamCWN ✔️
🪙 JPMorgan says Tether's increasing dominance is negative for crypto
“Tether is mostly at risk given its lack of regulatory compliance and transparency,” JPMorgan analysts said. "Tether is mostly at risk given its lack of regulatory compliance and transparency," JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a report on Thursday. "We therefore view the increasing concentration in Tether over the past year as a negative for the stablecoin universe and the crypto ecosystem more broadly.
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🟠 Hamas victims sue Binance over alleged ‘assistance’ to terrorists
Crypto exchange Binance, its former CEO Changpeng Zhao, along with the governments of Iran and Syria, have been named as defendants in a lawsuit filed by three families of victims affected by the Oct. 7 Hamas attack on Israel.
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🆘 Ripple co-founder Chris Larsen wallet was hacked for 213 million XRP (~$112.5 million).
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BREAKING: 🇩🇪 German Police seize 50,000 💰 Bitcoin worth +€2.17 billion allegedly bought with money made running a movie pirating site until 2013
In a landmark operation, German police have seized around 50,000 bitcoins, valued at approximately €2 billion. This incident marks one of the largest seizures of its kind in the country. The bitcoins were obtained following an investigation into two individuals suspected of running a piracy website and engaging in money laundering activities. The suspects voluntarily transferred the bitcoins to a federal agency. The investigation remains ongoing, with further details yet to be disclosed.
Stay updated with this developing story on @Bitcoin_Insights
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NEW: 🏛 Charles Schwab, with $8.5 trillion AUM, could soon launch a spot 💰 Bitcoin ETF, capitalizing on second-mover advantages
Analysts suggest a "big and disruptive" move, such as "rolling out shock-and-awe low fees"❗️
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$ELIO isn't just a TOKEN; it's the people's MemeCoin, redefining the memes coin landscape. As the community's proud ownership, Elio stands as the beacon in meme innovation. Its unique aesthetic brilliance, strategic market approach, and community-driven spirit set it apart. Elio is poised to reign supreme, claiming its spot as the people's choice in the ever-evolving world of meme coins. Join the movement – Elio, where the community reigns! #Elio #CommunityOwned #MemeRevolution
🏆Twitter: https://twitter.com/Elioonsolana
🏆Telegram: /channel/elioonsol
🏆 CA: 2AEeNqMWNxycvAvCN4A18yCy9t4DLdVARo4SJEg4KfNg
🏆 website:
https://www.elioonsol.com
🏆Swap:
https://raydium.io/swap/?outputCurrency=2AEeNqMWNxycvAvCN4A18yCy9t4DLdVARo4SJEg4KfNg
🕯Chart:
https://www.dextools.io/app/en/solana/pair-explorer/BywmsToQ9MhPMvtSoL5sjgAs7qA5HjUFtK96pCPtQBDU
💰 Bitcoin ETF ads may appear on Google starting Monday, community speculates
On Monday, Google is set to update its policies allowing certain cryptocurrency products to be advertised on the major search engine. Bitcoin exchange-traded funds (ETFs) appear likely to meet the criteria, sparking speculation within the crypto industry. In December 2023, Cointelegraph reported that Google’s crypto and related ads policy will be revised on Jan. 29, to allow ads from “advertisers offering Cryptocurrency Coin Trust targeting the United States.”.
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💰 Bitcoin is up 8% since Cramer said that the new theme of Bitcoin was "Number Go Down" 🤣
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💰 Bitcoin ETFs currently hold over 3% of Bitcoin's supply
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🟢 Tether has released its 2023 Q4 financial report:
⚫️A record-breaking Q4 net profit of $2.85bn
⚫️2023 yearly net profit of $6.2bn
⚫️Its excess reserves registered an all-time high increase of $2.2bn, totalling $5.4bn
⚫️Cash and cash equivalents cover 90% of all issued tokens
⚫️Achieved new record highs in both direct and indirect ownership of US treasuries, with $80.3bn exposure
🤝 @Cryptocurrency_Inside ✅
💰 Ethereum’s Dencun upgrade goes live on Sepolia testnet
Ethereum’s latest major upgrade Dencun went live on the Sepolia test network on Tuesday, leaving just one more testnet before its anticipated “proto-danksharding” feature comes to fruition. Dencun deployment on Sepolia commenced at 22:51 UTC Tuesday and was finalized soon after. “Blobs are now flowing in Sepolia,” Parithosh Jayanthi, DevOps engineer at the Ethereum Foundation, wrote in a post on X. “Uneventful testnet forks are the best ones!”
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💰 New spot bitcoin ETFs amass 150,000 BTC as GBTC market share falls to 36%
The nine new spot Bitcoin exchange-traded funds have now amassed more than 150,000 ($6.5 billion) in assets under management, excluding Grayscale’s converted GBTC fund, according to data from K33 Research. These ETFs are BlackRock (IBIT), Fidelity (FBTC), Bitwise (BITB), Ark 21Shares (ARKB), Invesco (BTCO), VanEck (HODL), Valkyrie (BRRR), Franklin Templeton (EZBC) and WisdomTree (BTCW).
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💰 Bitcoin surges to $43k as ETF inflows outpace sell pressure
Bitcoin (BTC) has made a striking recovery, climbing above the $43,000 mark on Jan. 29, as market dynamics hint at a resurgence in investor confidence. The leading cryptocurrency experienced this surge amidst a landscape where exchange-traded fund (ETF) inflows show signs of strength, particularly as they begin to outweigh outflows from Grayscale Bitcoin Trust (GBTC).
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🇲🇽 Mexico's third richest man Ricardo Salinas on his 💰 bitcoin position
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NEW: 🇭🇰 Spot Bitcoin ETF expected to launch in Hong Kong in first half of 2024, per HashKey CEO Livio Weng
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📣 OneCoin Lawyer Sentenced to 10 Years in $400 Million Cryptocurrency Fraud Scheme
According to Manhattan federal prosecutors, Mark Scott, a former partner at the U.S. law firm Locke Lord, has been sentenced to 10 years in prison for his involvement in a $400 million fraudulent cryptocurrency scheme. The sentencing took place on Thursday, and Scott was found guilty of conspiracy to commit money laundering and conspiracy to commit bank fraud in November 2019, linked to his role in the OneCoin cryptocurrency fraud.
Source
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