News

DOJ Indicts 3 Russians for Operating Crypto Mixers Linked to Cybercrime

Coins Legend January 11, 2025 0

Russian nationals face charges for allegedly using cryptocurrency mixers to launder proceeds from ransomware, wire fraud, and theft, obscuring illicit funds’ origins, the DOJ says. Russian Nationals Face DOJ Charges for Laundering Cryptocurrency Theft Proceeds The U.S. Department of Justice

News

Santander: El Salvador’s Bitcoin Adoption Fuels Tourism Boom

Coins Legend January 11, 2025 0

El Salvador’s tourism soared in 2024, with bitcoin adoption and safety reforms transforming the nation into a global powerhouse, driving unprecedented economic and tourism growth. Bitcoin-Led Tourism Boom Positions El Salvador as a Global Model Santander US Capital Markets LLC, a division of the global financial giant Banco Santander, published a report on Jan. 10 […]

News

Crypto’s Wild Week: $190B Wiped Out as Markets Stage a Fragile Comeback

Coins Legend January 11, 2025 0

Over the past week, the cryptocurrency market has faced a decline, shedding $190 billion since Jan. 4. However, by Friday, as the weekend nears, the market exhibited a modest recovery, posting a 2.2% gain over the preceding 24 hours. FAI and AIXBT Rocket While Crypto Economy Battles a Setback The past week has been turbulent […]

News

Bitcoin’s Hashrate Takes a Nosedive: Miners Grapple With Plummeting Profits

Coins Legend January 11, 2025 0

Bitcoin’s network has seen a noticeable shift in its computational capacity, shedding around 44 exahash per second (EH/s) in the past four days. Tough Terrain for Bitcoin Miners The network’s hashrate, which reached a peak of 824 EH/s, has now settled at 780 EH/s, based on the seven-day simple moving average (SMA). This reduction, equivalent […]

News

Hal Finney’s Wife Celebrates Iconic ‘Running Bitcoin’ Post 16-Year Anniversary With Fourth ALS Run

Coins Legend January 10, 2025 0

Just seven days after Satoshi launched the Bitcoin network on January 3, 2009, Hal Finney, the first person to ever receive a bitcoin payment, announced to the world that he too had fired up a Bitcoin node. “Running bitcoin,” Finney tweeted on January 10, 2009, and those two words have become iconic in the Bitcoin […]

News

Spot Bitcoin ETFs Celebrate 1 Year With $106.82 Billion in BTC Reserves

Coins Legend January 10, 2025 0

Two days ago on Jan. 8, spot bitcoin exchange-traded funds (ETFs) and their ether equivalents faced significant outflows, yet the group has amassed a staggering $118.56 billion in bitcoin (BTC) and ether (ETH) holdings since their debut on U.S. stock exchanges. From 5.5 Months to 1 Year: Crypto ETFs Reshape Investment Trends With $118.56B in […]

News

Russia Begins Liquidating Seized Bitcoins From Bribery-Convicted Official

Coins Legend January 10, 2025 0

The Russian government has started selling part of the 1,032 bitcoins seized from former investigator Marat Tambiev, convicted of taking bribes. Russian Authorities Seize Real Estate Belonging to Bribery-Convicted Official The Russian government has reportedly begun selling a portion of over 1,032 bitcoins (BTC) seized from a former investigator, Marat Tambiev, who was

News

Ethena Stablecoin Nears $6B Market Cap, Tops $250M in Revenue

Coins Legend January 10, 2025 0

USDE is the flagship stablecoin product of Arthur Hayes-backed Ethena Labs. It’s a synthetic dollar that uses a “delta-neutral” strategy to maintain its peg with the U.S. dollar. USDE is Quietly Leading the Niche Stablecoin Market The $212 billion stablecoin market is currently dominated by Tether (USDT) and USDC, but a new entrant has quietly […]

News

Genius Group’s Bitcoin Holdings Rise to 372 BTC With New $5 Million Purchase

Coins Legend January 10, 2025 0

The latest $5 million purchase of bitcoin has boosted Genius Group’s “bitcoin first” strategy with the company on track to reach its $120 million goal. Genius Group Makes Progress With Goal to Hold $120 Million Worth of Bitcoin Genius Group, an AI-based educational tech company announced that it has added to its bitcoin treasury with […]

News

Bitmart Research Projects Bitcoin ETFs Could Attract $50 Billion in Inflows, Boosting AUM to $150 Billion

Coins Legend January 10, 2025 0

According to Bitmart Research’s 2025 crypto outlook, bitcoin ETFs are expected to attract a large amount of capital inflows. Crypto Inflows Set for Record Year Bitmart Research has predicted that net inflows for bitcoin spot exchange-traded funds (ETFs) could exceed $50 billion in 2025 with assets under management (AUM) expected to exceed $150 billion. This […]