Connect with us

Published

on

Vitalik Buterin, co-founder of Ethereum, said that standards should be raised in the decentralization of rollups in the Ethereum ecosystem and called on developers to move in this direction by the end of the year.

Vitalik Buterin Calls for Rollup Decentralization. Buterin says that after Ethereum’s Denkun update, scaling efforts are progressing slowly and step by step. He states that rollups must reach a certain level in terms of security and performance.

While Ethereum is currently in “The Surge” phase focused on scaling and data fragmentation, in the future it will focus on censorship resistance, decentralization and protocol risks.

Buterinemphasizes that Ethereum has become an independent decentralized technology rather than just a financial ecosystem.

Vitalik Buterin Ethereum

MicroStrategy’s shares fell after Kerrisdale Capital’s report

Shares of MicroStrategy fell yesterday after a report published by Kerrisdale Capital, despite having over 214 thousand Bitcoins on its balance sheet. The report stated that the hedge fund took a long position in Bitcoin and a short position in MicroStrategy shares, and argued that the company’s shares rose due to the increasing value of Bitcoin, but that this relationship was skewed. He also claimed that investors now have new tools to invest directly in Bitcoin and that the premium on MicroStrategy shares is unduly high. After the report was published, MicroStrategy’s share value lost 14 percent.

FTX founder Sam Bankman-Fried was sentenced to 24 years in prison on fraud charges.

FTX founder Sam Bankman-Fried was sentenced to nearly 24 years in prison on Thursday following a fraud case that left retail investors losing $8 billion.

Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York ordered the former billionaire to pay up to $11 billion in investor and creditor losses while imposing a 24-year prison sentence citing Bankman-Fried’s “apparent lack of remorse” and “inflexibility with reality.”

This prison term, 15 years less than prosecutors’ sentencing recommendation, was imposed despite efforts by Bankman-Fried’s lawyers to reposition her in the public eye.

Although attorneys described Bankman-Fried as a “beautiful puzzle” who governed “with math in her head” but “evil in her heart,” Judge Kaplan found that Bankman-Fried lied three times during the trial, and that just before the collapse of the crypto empire, Alameda’s balance sheet He rejected this view, citing a situation in which he claimed he only noticed the billion-dollar deficit at the time.

While the courtroom was packed, Bankman-Fried stood emotionlessly as he learned his fate, standing upright like a corpse with his hands clasped in front of him, and spoke his last words without hesitation until the judge announced his decision.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto

Bitcoin managed to rise above $ 98,000

Bitcoin is traded at $ 98,323 at the Ethereum $ 2,715. The total value of the crypto currency market is 3.11 trillion dollars. Bitcoin’s market value of $ 1,94 trillion, Ethereum’s market value is $ 327 billion. Strategy, with a new purchase of $ 742 million, reached 478,740 BTC.

Published

on

Bitcoin managed to rise above $ 98,000

Bitcoin is traded at $ 98,323 at the Ethereum $ 2,715. The total value of the crypto currency market is 3.11 trillion dollars. Bitcoin’s market value of $ 1,94 trillion, Ethereum’s market value is $ 327 billion. Strategy, with a new purchase of $ 742 million, reached 478,740 BTC.

The company, which attracted attention with the treasury of Bitcoin and recently re -branded Strategy from Microstrategy, purchased 7,633 BTCs and increased its total assets to 478.740 BTC. This last purchase was made at an average price of $ 97.255 for $ 742.4 million. The total Bitcoin investment of the company reached $ 31.1 billion with an average cost of $ 65,033, and Strategy holds 2.2 %of Bitcoin’s total supply.

This enlargement was possible when the company increased stock sales to finance the purchase of Bitcoin of $ 742.4 million. Strategy aims to increase a total of 42 billion dollars of capital increase within the scope of the “21/21 Plan”. However, in the fourth quarter of 2024, the company announced a net loss of 670.8 million dollars and its operational expenses increased by 693 %to $ 1.1 billion.

Although the new accounting standards of the FASB, which will enter into force in January 2025, will provide an increase of $ 12.75 billion in the company’s balance sheet, uncertainties on tax regulations and market valuation premiums continue.

Crypto Monetary Law Bitcoin in Parliament

The President of the North Carolina House of Representatives presented the law to invest in the state’s Bitcoin ETPs.

Northern Carolina was the last US state that brought public funds to invest in “qualified” digital assets. The “NC Digital Asset Investments Law” (HB 92) was presented by Destin Hall, the President of the House of Representatives, and foresees that the state treasury will include digital assets in the investment portfolio.

However, digital assets, which are only traded on the stock exchange and have a market value of at least $ 750 billion in the last 12 months, will be suitable for investment. For now, only Bitcoin meets these criteria. In addition, the investments of any government fund will not overcome 10 %of the total balance of the fund. Hall said that this arrangement will bring North Carolina to the leading position in the field of technology and innovation while providing this arrangement to investment funds of the state.

The supporters of the bill states that they look hot in crypto investments due to inflation, depreciation of the dollar and providing additional return to pension funds. While law proposals for crypto investments in the USA were rapidly increasing, 19 states were presented, Arizona and Utah made progress, while North Dakota rejected such arrangements.

Bitcoin

XRP, Solana, Dogecoin and Litecoin ETFs are likely to be approved.

Bloomberg ETF Analysts James Seyffart and Eric Balchunas, XRP, Solana, Dogecoin and Litecoin -based stock exchange (ETF) said that the probability of getting approval. According to analysts, Litecoin ETFs applied by Canary Capital and Grayscale have the highest approval with 90 %. This rate was 75 %for Dogecoin ETFs, 70 %for Solana and 65 %for XRP.

After Donald Trump became US president, the government’s starting to pursue crypto -friendly policies increased the likelihood of new crypto ETFs. In January, SEC has created a new crypto task force under the leadership of Hester Peirce, which is expected to create a clearer framework for the regulation of digital assets. However, analysts say it would be difficult to approve the XRP ETF before the Ripple-SEC case is concluded.

Continue Reading

Crypto

Bitcoin fell below $ 100,000 again

Bitcoin is traded at $ 97,714 at the Ethereum $ 2,741. The total value of the crypto currency market is 3.16 trillion dollars. Bitcoin’s market value of $ 1,93 trillion, Ethereum’s market value is $ 330 billion.

Published

on

Bitcoin fell below $ 100,000 again

Bitcoin is traded at $ 97,714 at the Ethereum $ 2,741. The total value of the crypto currency market is 3.16 trillion dollars. Bitcoin’s market value of $ 1,93 trillion, Ethereum’s market value is $ 330 billion.


Bitcoin retreated to $ 96,000 after David Sacks’ press conference

The recovery in the Bitcoin and the crypto market after the panic due to the US customs tariffs at the weekend was short. In the following part of the US trading hours BitcoinAfter rising to $ 101,000, it fell rapidly and fell to $ 96,900.

In the Altcoin market, there were more harsh losses; Solana (left), XRP, Cardano (island) and Chainlink (LINK) dropped between 6 %and 10 %, while Ethereum (ETH) lost 5.3 %. The decline took place at a press conference organized by the White House’s crypto and artificial intelligence consultant David Sacks with the officials of the Senate and the House of Representatives. Contrary to the market expectation, strategic Bitcoin reserves were not mentioned at the meeting and the meeting was mainly regulated.

Bitcoin is expected to test the levels of $ 92,000 again, while the US employment data to be announced on Friday can be decisive for crypto currencies. A weak data can support prices by increasing the expectations of the Fed’s interest rate reduction. However, it can put pressure on the crypto market by raising the possibility of a strong data interest rate hike.

Bitcoin price has increased by 40 %since October

US senator Hagerty presented the ‘Genius’ Stablecoin bill.

US senator Bill Hagerty, TETHER (USDT) and USD Coin (USDC), such as fixed crypto currencies (stablecoin) under the regulations of the US Federal Reserve offered a bill. The Republican Senator of Tennessee said that this law would “encourage innovation by creating a regulatory framework for safe and growth” and President Donald Trump will support the US goal of “making crypton’s capital”.

The so -called GenIUS (Guiding and Establishing National Innovation for Us Stablecoins) is also supported by Senators Tim Scott, Kirsten Gillibrand and Cynthia Lummis. According to the bill, Stablecoin exporters, which are over 10 billion dollars, will be subject to the regulations of the Federal Reserve, and exporters under this threshold will be inspected at the state level.

Stablecoin providers will have to provide audit reports every month and criminal sanctions can be applied if wrong information is provided. David Sacks, responsible for artificial intelligence and crypto policies of the White House, said that the passing of the Stablecoin law will reinforce the global leadership of the US dollar and create trillion dollars of dollars for US treasury bonds.

Bitcoin Taurus Run Btc

SEC reduces the crypto application unit

The US Securities and Stock Exchange Commission (SEC) began to shrink the crypto application unit of 50 people. According to The New York Times, some lawyers were directed to different departments, while a senior lawyer was taken from the sanction department. This development came immediately after the SEC commissioner Hester Peirce announced his new approach to the crypto market.

Peirce, SEC has applied harsh sanctions in the past, but in the future, some token supplys can be provided retrospective exemptions, he said. Recent changes are considered as part of a change of leadership that accelerates with the Trump administration in the SEC.

In January, Gary Gensler and Sanction Department Director Gurbir Grewal left his duties, while Sanjay Wadhwa, who replaced Grewal, resigned soon. This increased speculation that SEC could have a softer attitude towards crypto.

Continue Reading

Crypto

Bitcoin increased over 105,000 dollars in the morning

Bitcoin is traded at $ 105,183 at the Ethereum $ 3,192. The total value of the crypto currency market is 3.5 trillion dollars. Bitcoin’s market value of $ 2.08 trillion, Ethereum’s market value is $ 384 billion.

Published

on

Bitcoin increased over 105,000 dollars in the morning

Bitcoin is traded at $ 105,183 at the Ethereum $ 3,192. The total value of the crypto currency market is 3.5 trillion dollars. Bitcoin’s market value of $ 2.08 trillion, Ethereum’s market value is $ 384 billion.

Fed kept interest rates stable due to ‘high inflation’

The US Federal Reserve (FED) kept interest rates fixed by 4.25 %to 4.50 %in parallel with expectations. In the FOMC statement, it was emphasized that economic growth is strong, the unemployment rate remained stable at low levels and inflation is still high. The Fed said it would shape future interest policies by closely monitoring economic data.

Bitcoin increased by 0.5 %after this decision, but large subcoins such as Ethereum and Solana lost about 1 %. The total crypto market value decreased by 2 %. Bitcoin is on a critical threshold for market health, holding above $ 100,000. Experts predict that two or more interest rate cuts during the year can help Bitcoin exceed $ 110,000 and test $ 125,000-150,000. According to Standard Chartered analysts, Bitcoin can reach $ 200,000 by the end of the year and Ethereum can reach 10,000 dollars with the influence of corporate investors.

Bitcoin

The SEC was one step closer to the decision of Canary Litecoin ETF and demanded the public opinion of the public.

SEC began to receive public opinion about the application of Canary Litecoin ETF. On January 16, Nasdaq presented the 19b-4 form for Spot Litecoin ETF, and SEC announced that he would accept comments within 21 days after the release of the Federal Record. Bloomberg analyst Eric Balchunas said that this application is the most advanced stage of the Altcoin ETF process.

Unlike the previous President Gary Gensler’s anti -crypto attitude, the new leadership of the SEC is a more moderate approach. In 2024, SEC approved Bitcoin and Ethereum ETFs. Now, altcoin -based ETFs such as Solana and XRP, and even the leveraged ETFs for Melania Trump’s name of Trump and Melania Trump are on the agenda. Analysts say that it is unclear whether SEC will quickly confirm the Litecoin ETF application or to expect a full 240 -day process.

The Deputy Governor of Texas announced the ‘Bitcoin Reserve’ as a priority bill for 2025

Deputy Governor of Texas Dan Patrick announced the 2025 legislative priorities, including the proposal to form the state of the state. In Texas, at least five states such as Arizona and Utah participated in the US states in the US, where they are working to create crypto reserves. State Senator Charles Schwertner, on January 16, said that a Texas Bitcoin reserve will make the state the pioneer of the digital economy and secure economic freedom.

In December 2024, Giovanni Capriglione, a member of the House of Representatives, presented a similar bill. The proposal foresees the payment of taxes and fees with Bitcoin and the use of these revenues in the creation of the reserve.

Bitcoin Taurus Run Btc

Tesla, using the new accounting rule reportedly reported Bitcoin earnings of $ 600 million in the 4th quarter.

TeslaIn the fourth quarter of 2024, he made a profit of $ 600 million from BTC assets. This gain was made thanks to the new accounting rules that allowed companies to register their crypto assets through market values ​​to their balance sheet books. According to Tesla’s report, the company’s BTC assets exceeded $ 1 billion, while the total BTC reserve reached 9,720 BTC levels.

The new Financial Accounting Standards Board (FASB) rules allow companies’ digital assets to reflect their market value directly to their balance sheets. Previously, the balance sheet was damaged when the value of crypto assets fell, but value increases could not be reflected until the sale took place. With this amendment, Tesla reported GAAP revenue of 2.3 billion dollars in the fourth quarter.

However, the total income of the company remained below Wall Street forecasts with $ 25.71 billion. In addition, the expectation of earnings per share was $ 0.76, while Tesla announced $ 0.73.

Continue Reading

Trending

Copyright © 2022 RAZORU NEWS.
Project by V