Crypto News

Goldman Sachs Doubles Down on Bitcoin ETFs, Increases Holdings by 120% in Q4

Goldman Sachs has boosted its crypto ETF holdings to $2.05 billion, reflecting rising institutional demand amid shifting macro conditions.Source link

LinksDAO Plans to Launch a Community Token on Base

LinksDAO is launching its own community token, adding a highly tradeable asset alongside its nearly 10,000 membership non-fungible token (NFTs) this crypto golf club tried selling to fund its mantra: "We're gonna buy a golf course."NFTs aren't as trending as they were in early 2022 when LinksDAO sold its membership tokens for $10 million. The market euphoria that led raunchy Beeple artwork to nab hundreds of millions of dollars at auction moved on long, long ago.CryptoSlam's NFT Index is down nearly 97% since its inception in January 2022, showing how market interest is now elsewhere. Memecoins now dominate crypto's short attention span economy; even Trump has one. Now LinksDAO will have one too, with LINKS."We are going to be launching...

Report: Over 650 Million People Now Have Access to Bitcoin

The report asserts that the dominant cryptocurrency is slowly shifting from being a store of value to being a medium of exchange once again. Bitcoin Adoption Expands: 650 Million People Now Have Access Satoshi created bitcoin (BTC) as “peer-to-peer digital cash,” but over time, the cryptocurrency has morphed into what many call “digital gold,” withSource link

A16z’s Crypto Policy Head Brian Quintenz Picked to Lead CFTC

Quintenz's appointment could speed up the CFTC's growing crypto role, mainly if Congress expands the regulator's authority.Source link

Federal Court Bans My Big Coin Founder, Orders $7.6M Restitution

A Florida man must repay over $7.6 million after deceiving investors with a fake cryptocurrency, using their funds for luxury goods instead of promised assets. Cryptocurrency Fraudster Ordered to Repay Millions A federal court has ruled that Randall Crater of Heathrow, Florida, must pay more than $7.6 million in restitution for deceiving investors through aSource link