RootstockLabs launched Rootstock Institutional, aiming to deploy $260 billion in institutional Bitcoin into DeFi. Over 2.6 million Bitcoin (BTC) held by institutions remains idle, but this could soon change. On Tuesday, October 14, RootstockLabs, a key contributor to Rootstock, the…
Cryptocurrency News
Solana traders’ favorite metric flashes, but is $300 SOL by December possible? [cointelegraph]
Despite SOL’s rebound above $200, Solana faces slowing network activity and stronger rivals like BNB Chain and Hyperliquid. Is $300 before year-end possible?
U.S. seizes $15b Bitcoin in forced-labor crypto scam case [btcmanager]
U.S. federal agents have seized a historic $15 billion in Bitcoin, allegedly the proceeds of a Cambodian criminal network that forced trafficked individuals to run sophisticated cryptocurrency “pig butchering” scams on a global scale. On Oct. 14, the U.S. Department…
Metaplanet stock flashes a death cross as key metric tumbles [btcmanager]
Metaplanet stock price plunged and crossed a crucial support level as the company’s net asset value fell below its Bitcoin holdings for the first time. Metaplanet plunges as mNAV falls Metaplanet, a top Bitcoin (BTC) treasury company, plunged to a…
XRP price rare candle points to a rebound a RLUSD nears $1b milestone [btcmanager]
XRP price has rebounded by more than 40% from its lowest point last Friday. The rebound could accelerate after the formation of a rare candlestick pattern and as growth in the Ripple USD stablecoin continues. Ripple (XRP) token jumped to…
NYC mayor establishes digital assets and blockchain office [cointelegraph]
The executive order creating the Office of Digital Assets and Blockchain Technology under the New York City government came three months before Eric Adams will leave office.
NYC mayor establishes digital assets and blockchain office [cointelegraph]
The executive order creating the Office of Digital Assets and Blockchain Technology under the New York City government came three months before Eric Adams will leave office.
Tether settles Celsius claims for $300M, raising stablecoin liability concerns [cointelegraph]
Tether’s $299.5 million Celsius settlement could ignite a debate over stablecoin accountability and the legal risks facing issuers in future crypto bankruptcies.
Tether pays $299m to settle Celsius bankruptcy lawsuit [btcmanager]
Tether has reached a settlement in the Celsius bankruptcy lawsuit, with the stablecoin issuer paying $299.5 million to settle all issues related to the case. Blockchain Recovery Investment Consortium, a joint venture between GXD Labs and VanEck, disclosed the settlement…
US gov’t seeks to add $14B to crypto reserves as part of forfeiture case [cointelegraph]
The US government said it would pursue forfeiture of the Bitcoin holdings tied to a Cambodia-based company if the alleged ringleader were convicted.