Tether, the issuer behind the nearly $150 billion USDT stablecoin, has finalized the purchase of a 70% stake in the Latin American agricultural firm Adecoagro (AGRO), which has a market cap of nearly a billion dollars. Tether initially invested $100 million in Adecoagro in September 2024 for a 9.8% stake, then offered to increase it…
The crypto industry has seen a significant shift toward regulatory compliance since its early days, according to James Smith, co-founder of Elliptic, a crypto compliance firm established in 2013. “In the early days, only a few companies approached compliance in a serious way,” Smith told Cointelegraph at the Token2049 event. “Coinbase was our first customer…
Investor portfolio allocations to crypto have reached a yearly high of 1.8% as of April 29, according to a recent report published by CoinShares. The report attributed the increase to recent price movements and improving sentiment in the crypto market. Its findings are based on survey data and supporting 13F filings, offering a position snapshot of…
Binance co-founder and former CEO Changpeng “CZ” Zhao took the stage at Token2049 in Dubai, United Arab Emirates (UAE), where he told the audience that his investment in social media platform X was aimed at protecting freedom of speech. The former Binance executive joined a fireside panel with macroeconomic analyst Raoul Pal to discuss the…
Bitcoin Magazine Global X Debuts Three New ETFs on Cboe Canada, Including Bitcoin-Focused Income Funds Global X Investments Canada Inc. has introduced three new ETFs on Cboe Canada, expanding its footprint in the Canadian ETF market with products that offer exposure to U.S. small-cap equities and Bitcoin. The ETFs—Global X Enhanced Russell 2000 Covered Call…
Key takeaways: Bitcoin bulls are attacking the $95,000 level again after today’s brief US GDP-induced sell-off. Traders are semi-agnostic to negative US economic data as they expect the Federal Reserve to resume easing and rate cuts at some point in the future. Bitcoin (BTC) price knocks on the door of $95,000 after starting the NY…
In Uncanny Valley, Natasha Lyonne will explore the fallout from AI in a satire developed with futurist Jaron Lanier and writer-director Brit Marling. In Uncanny Valley, Natasha Lyonne will explore the fallout from AI in a satire developed with futurist Jaron Lanier and writer-director Brit Marling. Artificial Intelligence Decrypt
Bloomberg Intelligence has boosted its estimated odds of US regulators approving a Solana exchange-traded fund (ETF) in 2025 to 90%, according to an April 30 post on the X platform. The company also set more favorable chances of approval for other altcoin ETFs, including proposed funds holding XRP (XRP) and Dogecoin (DOGE), Bloomberg analyst Eric…
Semler Scientific bolstered its Bitcoin treasury to 3,467 BTC, just days after the Nasdaq-traded firm made its latest purchase. Semler Scientific bolstered its Bitcoin treasury to 3,467 BTC, just days after the Nasdaq-traded firm made its latest purchase. , Business Decrypt
A new report by blockchain compliance firm Bitrace has revealed that $649 billion in stablecoin transactions passed through high-risk addresses in 2024. The figure accounts for slightly more than 5% of all stablecoin activity for that year, which, while a slight decline from 2023’s numbers, remains alarmingly higher than levels seen in 2021 and 2022….
