Yagyesh Jaiswal

Major Banks Disclose Bitcoin ETF Holdings

Discover how major banks like JP Morgan and Wells Fargo are embracing Bitcoin through investments in ETFs, marking a significant trend in the traditional financial sector's approach to digital assets.

Yagyesh Jaiswal

JP Morgan and Wells Fargo report investments in Bitcoin ETFs, signaling growing interest from traditional financial institutions in cryptocurrency as a viable asset class.

Binance Bribery Claims Weakens Foreign Investment in Nigeria

Nigeria risks deterring foreign investment if issues around Binance executives' detention are not resolved promptly and transparently.

Yagyesh Jaiswal

Unless addressed carefully, the bribery claims surrounding Binance officials' arrest could damage Nigeria's efforts to attract much-needed investment abroad. A fair investigation is crucial to reassure potential backers.

El Salvador Unveils Its BTC Holdings Worth $360 Million

Discover El Salvador's recent revelation of its Bitcoin treasury holdings, totaling over 5,700 BTC worth around $360 million. Key details on transaction history, profit/loss, and the country's ongoing Bitcoin acquisition strategy are explored.

Yagyesh Jaiswal

El Salvador has revealed the current size of its Bitcoin treasury, totaling over 7,000 BTC after steadily purchasing through bear market volatility in 2023. With a dollar cost average under $50,000, the nation has already locked in over $100 million in profits from its Bitcoin strategy.

Binance Faces Scrutiny Over $300M Wash Trading Investigation

Binance fired its top investigators after they alleged that one of its VIP clients, DWF Labs, conducted $300 million in potential wash trades that manipulated cryptocurrency prices. This sparks questions about the exchange's market oversight.

Yagyesh Jaiswal

The firing of Binance's monitoring team after alleging market manipulation by a key client has brought serious regulatory concerns. Both sides have denied wrongdoing while regulators watch closely as the investigation continues.

Crypto Scammer Returns Over $34M After Victim's Unique Offer

A notorious crypto thief has started returning over $34 million worth of stolen funds to the victim after the victim proposed a 10% bounty if the stolen assets were given back.

Yagyesh Jaiswal

By creatively proposing a bounty, one crypto hack victim was able to turn the tables on their attacker and regain the majority of the stolen funds, a remarkable outcome from what could have been a total loss. Offering incentives may prove an effective strategy for other victims to explore.

Hoskinson Critiques Biden's Crypto Stance

Cardano founder Charles Hoskinson accuses the Biden administration of attempting to suppress the US crypto industry, highlighting a significant political issue ahead of the 2024 elections.

Yagyesh Jaiswal

Charles Hoskinson claims the Biden administration is undermining the cryptocurrency industry, a move that could sway crypto holders' votes in the upcoming elections.

Marathon Digital's Q1 2024 Earnings Hit Record High

Marathon Digital Holdings reports a record $337.2 million net income in Q1 2024, with significant growth in revenue and Bitcoin mining output, positioning it as a leader in the crypto mining industry.

Yagyesh Jaiswal

Marathon Digital Holdings achieves a record $337.2 million net income in Q1 2024, marking substantial year-over-year growth in both revenue and Bitcoin mining output.

Swing State Voters Favor Crypto-Savvy Politicians

Survey reveals swing state voters favor politicians who support cryptocurrency, reflecting widespread dissatisfaction with the traditional financial system and interest in digital assets.

Yagyesh Jaiswal

Swing state voters prefer crypto-friendly politicians, driven by dissatisfaction with the traditional financial system and a positive outlook on cryptocurrencies’ potential for financial security.

Crypto Trading Volume Drops to $6.58T after 7 Months Up

April saw the first decline in crypto trading volume in seven months as geopolitical issues and exchange shifts dampened activity.

Yagyesh Jaiswal

After hitting repeated highs, cryptocurrency markets saw trading cool off in April from escalating world tensions, U.S. listing changes, and an overheated bull trend facing challenges. Exchanges like Binance also saw first drops, though it remained the top platform.

FTX Bankruptcy Vows Full Creditor Recovery

FTX unveils a new bankruptcy plan promising over 100% recovery for non-governmental creditors, amidst diverse reactions concerning asset valuation and fairness in settlements.

Yagyesh Jaiswal

FTX's latest bankruptcy plan proposes full recovery and interest for creditors but faces scrutiny over asset valuations and terms. The plan includes significant payouts to regulatory bodies amidst mixed creditor reactions.