BitGo declined Alameda’s attempt to redeem 3,000 WBTC
BitGo CEO Mike Belshe revealed that the firm declined Alameda Research’s request to redeem 3,000…
Crypto stocks plunge to record lows, GBTC at 50% discount despite Bitcoin uptick
Several crypto-related stocks have seen their values plunge to new record lows despite Bitcoin’s…
Bitcoin nears $18k following CPI data release
The total cryptocurrency market cap saw net inflows of $15.74 billion and currently stands at…
BUSD's supply falls below $20B as USDC's supply climbs above $45B
Binance USD’s (BUSD) supply declined by over 15% to $18.8 billion from $22 billion within the last…
CFTC considers Bitcoin, Ethereum, Tether to be commodities
The U.S. Commodity Futures Trading Commission (CFTC) stated in its Dec. 13 court filing against FTX…
Institutional appetite for Bitcoin has evaporated as OTC trades approach YTD low
Institutional appetite for Bitcoin (BTC) has slowly evaporated due to the current bear market…
Tether to reduce secured loans to zero by 2023
Tether (USDT) said it would remove its secured loans in its reserves by 2023, according to a Dec. 13…
Canada bars exchanges from margin, leverage trading; says stablecoins might be securities
Canada’s Securities Administrators (CSA) on Dec. 12 barred crypto exchanges operating in the…
Bitcoin’s 2022 realized losses is almost double the size of realized profit
CryptoSlate’s analysis of Glassnode charts showed that Bitcoin’s (BTC) realized losses in 2022…
