Crypto News Updates

A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company’s over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025. Ethereum Acquisition? Wintermute Predicts Public Company […] from Bitcoin News https://ift.tt/z814yfL

Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is procured from […] from Bitcoin News https://ift.tt/7YhOkCp

The U.S. Securities and Exchange Commission (SEC) has imposed a $38 million fine on Digital Currency Group (DCG), accusing the company of negligence in misleading investors about the financial stability of its subsidiary, Genesis Global Capital (GGC). SEC Alleges Misleading Practices by Digital Currency Group and Genesis Global Capital This case raises pressing questions about […] from Bitcoin News https://ift.tt/g6a0ZEz

The local listing of bitcoin ETFs is being weighed by the Thailand SEC which would make them accessible to both individuals and institutions. Thailand Looking to Adopt Bitcoin ETFs The listing of bitcoin exchange-traded funds (ETFs) is being contemplated by Thailand’s Securities and Exchange Commission (SEC). The Secretary-General of the regulatory body, Pornanong Budsaratragoon, confirmed […] from Bitcoin News https://ift.tt/yPbTunc

This week, Senator Cynthia Lummis raised concerns about the U.S. Marshals Service’s management of seized bitcoin, calling for transparency and questioning the decision to liquidate nearly 70,000 BTC, worth billions. Government Bitcoin Sale Questioned by Wyoming Senator In a letter addressed to U.S. Marshals Service Director Ronald Davis, Senator Cynthia Lummis scrutinized the agency’s track […] from Bitcoin News https://ift.tt/IlkYudM

On Thursday, the decentralized exchange (dex) and automated market maker (AMM) Uniswap revealed that transaction volumes on the platform’s layer two (L2) solutions have surpassed the $500 billion threshold. Half a Trillion and Counting: Uniswap’s Layer 2 Expansion Shatters Records Since its debut on Ethereum mainnet on Nov. 2, 2018, Uniswap has significantly evolved, expanding […] from Bitcoin News https://ift.tt/OJ1srHp