An unidentified address accumulates over 12k BTC in a month

The whale accumulated the assets in just 30 days, according to data from Arkham Intelligence. The address was created on Nov. 1, 2023 and since then it has received Bitcoin every day from different addresses in large quantities. The first…Read full story at BTCManager >

Kraken to respond to SEC lawsuit, inspired by Ripple

Cryptocurrency exchange Kraken, facing charges from the U.S. Securities and Exchange Commission (SEC), will fight the regulator and respond to the complaint in court. As the company’s chief legal officer (CLO) Marco Santori told CNBC, the legal battle with the…Read full story at BTCManager >

MicroStrategy apes $593m into Bitcoin

Michael Saylor’s digital software giant bought 16,130 BTC, increasing the worth of the company’s total Bitcoin holdings to over $6 billion at current prices….Read full story at BTCManager >

Analyst: Bull run incoming for ADA

Bitcoin hitting a new 2022 high around $38,400 provides momentum that could fuel altcoin gains if it continues climbing into year’s end….Read full story at BTCManager >

Analyst likens upcoming XRP run to Bitcoin

Though optimistic long-term, the analyst cautions listeners not to expect an immediate, unsustainable spike in XRP price even if the SEC case concludes positively….Read full story at BTCManager >

Binance expanded investments in lobbying just before guilty plea

Cryptocurrency exchange Binance has sharply increased its investment in lobbying over the past two years. Binance and Binance.US spent more than $1 million lobbying politicians in 2023-2023, according to new data provided by OpenSecrets, a US non-profit that tracks political…Read full story at BTCManager >

SEC Chair Gary Gensler comments on prospects for spot Bitcoin ETF

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said he is not ready to discuss approval of applications for spot Bitcoin (BTC) ETFs. Gensler, speaking on the sidelines of the Healthy Markets Association conference on Nov. 29, said he…Read full story at BTCManager >

Whales move over 5,500 BTC as the price falls below $38k

Two major Bitcoin (BTC) whales have moved over 5,500 coins as the asset falls below the $38,000 mark. According to data provided by Whale Alert, an unknown Bitcoin whale moved 3,000 coins from an old address to a new wallet…Read full story at BTCManager >

BlackRock modifies proposed spot Bitcoin ETF to meet SEC requirements

BlackRock, the world’s largest asset manager, has recently updated its application for a spot Bitcoin Exchange-Traded Fund (ETF) in a bid to address the U.S. Securities and Exchange Commission’s (SEC) concerns. The revisions, detailed in the meeting minutes from a…Read full story at BTCManager >

SHIB holds steady above $0.000008, burn rate spikes 913% in 24 hours

Shiba Inu (SHIB) has held firm above the $0.000008 psychological threshold amid sustained consolidation, with the protocol’s burn rate recently witnessing a massive 913% spike in 24 hours. SHIB’s current position demonstrates the dull but steady trend within the broader…Read full story at BTCManager >

Paxos gets the greenlight to issue stablecoins in Abu Dhabi

Stablecoin issuer Paxos has received in-principle approvals from the Financial Services Regulatory Authority to issue stablecoins in Abu Dhabi. Paxos, a cryptocurrency brokerage firm and stablecoin issuer, has secured two in-principle approvals of the Financial Services Regulatory Authority in Abu…Read full story at BTCManager >

Grayscale updates GBTC agreement for first time since 2018

Grayscale has updated the agreement to optimize its conversion into a spot Bitcoin (BTC) ETF. The corresponding document appeared on the website of the US Securities and Exchange Commission (SEC). The fund also wants to level the playing field when…Read full story at BTCManager >

Germany’s Bitcoin Group tackles money laundering attempts

Germany’s Bitcoin Group is implementing improvements to its internal control system following BaFin’s directive to its subsidiary futurum bank to address deficiencies in anti-money laundering and counter-terrorist financing measures….Read full story at BTCManager >

Web3 adoption: hype or reality?

Web3 has been gaining momentum. But with general understanding remaining low, the burning question becomes—is the adoption of web3 a reality or merely hype?…Read full story at BTCManager >

Philippines securities regulator flags Binance for operating without license

Crypto exchange Binance has been operating in the Philippines without securing the necessary license or approval, as reported by the country’s securities regulator. On Nov. 28, The Philippines Securities and Exchange Commission (SEC) released a warning about Binance, notifying the public that…Read full story at BTCManager >

Forbes forks release of 30 Under 30 to Ethereum blockchain

Forbes Magazine has announced that the next edition of its annual 30 Under 30 will be released on the Ethereum blockchain. According to Forbes, blockchain will be used to publish the highly anticipated annual ranking of the top performing entrepreneurs across…Read full story at BTCManager >

Bitfinex’s Tether tokenized bond faces investment shortfall

Bitfinex’s newly introduced Tether tokenized bond, initially celebrated as the start of a “new era for capital raises,” has fallen short of attracting the expected level of investment and interest. Bitfinex Securities, a platform specializing in the listing of tokenized…Read full story at BTCManager >

KyberSwap and hackers troll each other in blockchain beef

The hacker responsible for siphoning off $46 million from the decentralized exchange protocol KyberSwap last week has pledged to release a statement on a potential deal with the victims on Nov. 30. In a dramatic twist of events involving a…Read full story at BTCManager >

Interchain Foundation holds $70m stake in Celestia, $125m in ATOM

John Galt, Head of Strategy at Stride, recently revealed that the Interchain Foundation (ICF) holds a significant 1.6% stake in Celestia (TIA), currently valued at $70 million, in addition to its $125 million holdings in Cosmos (ATOM). This revelation sheds…Read full story at BTCManager >

Popular crypto analyst reveals forecast for Coinbase shares

Peter Brandt is bullish on Coinbase. The investing savant shared his opinion on X that Coinbase shares have nowhere to go but up. Brandt identified an inverted head and shoulders pattern on the Coinbase stock chart, a significant indicator in…Read full story at BTCManager >

LINK price increases 5.8%, whale activity follows

Chainlink (LINK) has recorded significant gains over the past 24 hours. The recent surge has triggered a massive rise in the asset’s whale activity. LINK is up by 5.8% in the past 24 hours and is trading at $14.72 at…Read full story at BTCManager >

Interactive Brokers taps OSL for retail crypto trading in Hong Kong

International broker Interactive Brokers has partnered with OSL to offer retail customers crypto trading in Hong Kong. American trading giant Interactive Brokers has become the first securities broker in Hong Kong to be approved to allow retail customers to trade…Read full story at BTCManager >

Analyst points to imminent signs of spot Bitcoin ETF approval

Bloomberg analyst James Seyffart believes that the US Securities and Exchange Commission (SEC) could approve all applications for the instrument at once in Jan. 2024. In his opinion, this is indicated by the collection of opinions on the application to…Read full story at BTCManager >

Genesis set to end $620m lawsuit with Digital Currency Group

Crypto lending giant Genesis has reached a new repayment deal agreement with its parent company Digital Currency Group. Crypto behemoth Digital Currency Group (DCG) has reached an agreement with its trading subsidiary Genesis Global as part of a $620 million…Read full story at BTCManager >

‘Profitable’ BTC volume hits two-year high

The share of potential profit-generating Bitcoins (BTC) reached 83.7% of the total supply. As follows from a report by Bitfinex analysts, this is the highest figure since Nov. 2021. Experts noted that the owners of these 16.3 million BTC “are…Read full story at BTCManager >

Arthur Hayes slams TradFi double standards

In a blog post, Hayes condemned the TradFi industry and the double standards he says relate to crypto, CZ and Binance. BitMEX founder Arthur Hayes has argued that the treatment of Changpeng Zhao and Binance highlights a cunning set of…Read full story at BTCManager >

CTXC surges 25%, becomes top USDT trading pair on Binance

The native token of the Cortex blockchain, CTXC, gained bullish momentum as the asset became the top trading pair with USDT on the largest crypto exchange, Binance. CTXC is up by 25% in the past 24 hours and is trading…Read full story at BTCManager >

Kronos Research negotiates with hacker over $26m theft

Taiwan-based trading firm Kronos Research has initiated talks with a hacker who stole $26 million from the firm’s treasury earlier this month. Taking to Etherscan, Kronos is offering the hacker a bounty of 10% after $25 million was taken in…Read full story at BTCManager >

Coinbase shares surge to reach 18-month high

Shares of cryptocurrency exchange Coinbase (COIN) hit an 18-month high as exchange positions itself as Binance alternative. Coinbase’s share price closed at $119.77 on Nov. 27, hitting an 18-month high as per data by TradingView. Shares of the American exchange…Read full story at BTCManager >