ECB President Christine Lagarde has dismissed Bitcoin as a reserve asset, citing concerns over liquidity, security, and regulatory risks, despite a recent 25-basis-point interest rate cut to 2.75% aimed at stabilizing the economy.
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Category: Cryptocurrencies
Overheating Crypto Mining Rigs Blamed for Another South Korea Fire
Overheating crypto mining rigs have caused another major fire in South Korea, emergency services in North Jeolla Province have claimed.
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Governor of Russian Bitcoin Mining Hotspot Calls for Year-round Ban
The energy woes of the Russian Bitcoin mining hotspot of Irkutsk are intensifying, with the region’s Governor calling for a “year-round ban” on crypto mining.
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Hedge Fund Elliott Sees Trump’s Crypto Push Inflating a Bubble Bound to Pop
Elliott Management warns that Trump’s pro-crypto policies are fueling a speculative bubble that could lead to market havoc.
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Chainalysis Report: Market Manipulation Impacts Billions in Crypto Trading Volume
New research from Chainalysis uncovers billions in crypto trading volume tied to market manipulation. The report details how wash trades, pump-and-dump schemes, and insider influence impact market integrity, raising concerns over regulatory oversight and investor protection in the evolving blockchain space.
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Grayscale Launches Bitcoin Mining ETF on NYSE Arca
Grayscale introduced its Bitcoin Miners ETF on NYSE Arca, offering exposure to key Bitcoin mining firms like Marathon and Riot. Tracking the Indxx Bitcoin Miners Index, the fund focuses on companies shaping the sector, from hardware to mining operations, as the industry adapts to evolving market conditions.
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Circle Announces Native USDC Is Now Live on Aptos Mainnet
Aptos users can now access Native USDC directly, improving transaction efficiency and eliminating the need for cross-chain bridging. The integration strengthens DeFi, payments, and real-world asset applications on the Move-based blockchain.
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CEO of Top South Korean P2P Lender Accused of ‘Using Clients’ Funds to Buy Crypto’
The CEO of a leading South Korean P2P financial lender has been accused of using a client’s funds to make personal crypto purchases.
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Tesla Enjoys $600M Bitcoin Profit Jump After Accounting Rule Change
A new accounting rule helped Tesla report a $600M gain on digital assets in Q4, as their total value jumped to $1.08B.
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US SEC Officially Accepts Canary Capital’s Litecoin ETF Filing
Canary Capital’s Litecoin ETF has become the first altcoin 19b-4 to be acknowledged by the US Securities and Exchange Commission.
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