Category: crypto

Japan’s Financial Services Authority plans to strengthen internal audit processes at financial institutions, including crypto exchanges, to address industry gaps and align with global standards in regulatory compliance. The FSA aims to revise guidelines and crack down on unregistered exchanges, emphasizing consumer protection and caution towards digital assets like Bitcoin.

The premium for AlphaKimchi has increased as the Korean won drops to a 15-year low against the US dollar. Economic and political instability in South Korea have contributed to widening the kimchi premium gap.

The ARK 21Shares Bitcoin ETF (ARKB) is a digital asset ETF aiming to mirror the performance of bitcoin using the CME CF Bitcoin Reference Rate – New York Variant Index.

Over $525 million in Bitcoin and Ethereum options are set to expire on Dec. 27, creating one of the largest expiration events in 2024. Despite rising realized volatility in BTC and ETH spot prices, traders remain cautious and expect limited short-term volatility. Funding rates and open interest in options reflect market sentiment, with traders hedging…

Strive Asset Management, founded by Vivek Ramaswamy, is requesting approval from US regulators to launch a new ETF called Strive Bitcoin Bond ETF. The fund will target convertible bonds issued by companies like MicroStrategy that have invested in Bitcoin. Ramaswamy aims to disrupt traditional industries and leverage the benefits of capitalism.

The rise of crypto in France has led to a surge in financial scams, with authorities like the AMF and ACPR concerned about schemes involving bogus crypto investments. Fraudulent activity, including false savings accounts and loans, has resulted in significant losses for victims. Public awareness campaigns and enforcement efforts are being implemented to protect consumers…

BlackRock’s Global Allocation Fund holds over $17 million worth of shares in its spot Bitcoin ETF IBIT, representing a 117% increase from July. The ETF has amassed over $37 billion in net flows since its launch, making it primarily responsible for US-traded spot Bitcoin ETFs’ $35.4 billion inflows.

KULR Technology Group recently acquired 217.18 BTC for $21 million, doubling its Bitcoin treasury from the previous year. The company plans to allocate 90% of its surplus cash reserves into Bitcoin as a long-term investment. Other companies, like Hut 8 and Marathon Digital, have also been increasing their BTC reserves. Institutional buying of Bitcoin is…

Bitcoin whales have been accumulating BTC through privacy transactions for over two years, with the number of transactions passing through CoinJoin tripling. Despite hacking-related losses totaling $2.2 billion in 2024, this only represents a small fraction of Bitcoin’s total inflows. Whales are leveraging privacy techniques to transfer BTC to new institutional investors.

Japan is cautious about integrating Bitcoin into its reserves due to limited understanding and concerns about market stability and liquidity. Lawmakers like Satoshi Hamada have called for a Bitcoin reserve, but Japan remains firm on traditional reserve mechanisms. In contrast, Thailand is exploring innovative use cases for Bitcoin, with a proposed pilot project in Phuket…