Telo News - Crypto | DeFi | Web3

11 Apr 2024 07:13

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We provide the latest crypto news, opinions and data analysis that move the market.

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Telo News - Crypto | DeFi | Web3

10 Apr 2024 21:01

According to the data, Coinbase's dominance in the US market has surged, with its market share growing from 38% to 55% in just one year.

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10 Apr 2024 17:47

Ryan Salame, former FTX executive, will be reportedly sentenced on May 28 for illegal political contributions and unlicensed operations, following the fraud sentencing of ex-CEO SBF.

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10 Apr 2024 13:35

Spot bitcoin ETFs in the US have reportedly surpassed $200bn in cumulative trading volume, reaching $201.7bn:

⚫️BlackRock's IBIT leads with $1.4bn in volume, followed by Grayscale's GBTC and Fidelity's FBTC
⚫️GBTC's market share dropped from 50.5% to 23.5%, while IBIT's rose to 48.1%
⚫️US spot Bitcoin ETFs saw $18.6m in net outflows April 9

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10 Apr 2024 09:38

The Hong Kong SFC reportedly updated its virtual asset fund list on April 10, planning to unveil Hong Kong's first four Bitcoin spot ETFs on April 15.

The Stock Exchange will then prepare the ETFs for launch within two weeks.

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10 Apr 2024 06:31

Thank you for subscribing to Telo News
We provide the latest crypto news, opinions and data analysis that move the market.

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Telo News - Crypto | DeFi | Web3

09 Apr 2024 16:05

The US Treasury is reportedly seeking to expand its authority to sanction foreign crypto service providers to safeguard national security.

Deputy Secretary Adeyemo highlighted challenges in tracking identities and movements of funds via cryptocurrencies in a statement for an upcoming Senate hearing.

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09 Apr 2024 13:27

In 2023, Tether's net profit reached $6.2bn, close to 78% of Goldman Sachs' and 72% of Morgan Stanley's profits, despite having only around 100 employees compared to Goldman Sachs' 49,000 and Morgan Stanley's 82,000.

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09 Apr 2024 12:19

Crypto.соm has received full operational approval from Dubai's Virtual Assets Regulatory Authority, marking its first launch in the region exclusively for institutional investors.

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09 Apr 2024 11:31

The SEC has delayed its decision on Bitwise and Grayscale's Bitcoin ETF proposals, citing the need for additional time to review the proposed rule changes.

The new deadline for a decision is May 29, according to an April 8 filing.

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09 Apr 2024 09:53

Arthur Hayes forecasted a drop in Bitcoin prices around the halving, attributing it to tighter US dollar liquidity that could fuel a sell-off in crypto assets.

He anticipates that after May 1, a slowdown in Quantitative Tightening (QT) will realign with the typical pace of US inflation, potentially stabilizing the market.

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09 Apr 2024 09:01

Defiance has applied for a 2x leveraged Ethereum futures ETF, potentially trading under the ticker ETHL.

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08 Apr 2024 16:43

TON reached another historical price of $6.6 and services on the TON network are reportedly gearing up to integrate native USDT, according to recent speculations that there will be a major announcement coming from the TOKEN2049 conference in Dubai involving Telegram's Pavel Durov and Tether's Paolo Ardoino.

Unlike other speakers at the conference, there are no details about Durov’s presentation topic other than the one word: ‘Announcements’, featuring Pavel Durov and Paolo Ardoino as keynote speakers. This will be Durov's first public appearance (excluding the SEC) in 12 years.

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08 Apr 2024 13:55

Tigran Gambaryan, a senior US Binance executive pleaded not guilty to money laundering charges and was remanded to Nigerian prison to await trial.

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08 Apr 2024 11:59

A study by Blockaid found that 50% of Solana presale tokens issued between November and February were malicious, driven by the memecoin popularity and scammers exploiting user FOMO.

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10 Apr 2024 21:23

Telegram reached a milestone of 900m monthly users.

Telegram's CEO Pavel Durov shared that it was cash flow positive in the 1st quarter of 2024 and is on track to become profitable this year, solidifying its position as an indepent company.

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10 Apr 2024 20:28

⚡️⚡️⚡️⚡️⚡️⚡️
SEC warned Uniswap that it intends to bring an enforcement action against the company. The warning came in the form of Wells Notice, which the SEC sends to a company prior to launching a formal lawsuit, and that provides it with a final opportunity to rebut allegations.

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10 Apr 2024 14:43

💡💡💡
US announced the inflation figures:

⚫ CPI: 3.5% YoY, 0.4% MoM
⚫ Forecasted CPI: 3.2% YoY, 0.4% MoM

The CPI in March was the highest since September 2023. Swaps markets showed that the likelihood of the Fed cutting interest rates in June declined.

Fed policymakers have been anticipating for some time now that housing cost pressures would diminish, allowing for core inflation to slow. But that has not materialized with the new data.

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10 Apr 2024 12:12

Coinbase and Google Cloud are reportedly now EigenLayer operators, enhancing Ethereum's security and functionality.

The platform, supporting networks like Ethereum, has a total value locked over $15bn.

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10 Apr 2024 08:15

US Treasury Undersecretary Wally Adeyemo stated that Russia is using alternative payment methods, including the stablecoin Tether, to bypass sanctions and fund its military activities.

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09 Apr 2024 19:13

A Deutsche Bank survey reportedly showed divided opinions on Bitcoin, with one-third expecting it to drop below $20k by year-end, while only 10% foresee it surpassing $75k.

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09 Apr 2024 14:16

The next Bitcoin halving is coming up in approximately 11 days with 1,586 blocks left:

▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓ 99.2%

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09 Apr 2024 12:39

BitMEX co-founder Ben Delo will reportedly face a lawsuit over alleged price manipulation via a "God Access" trading desk, as decided by US District Judge Andrew Carter.

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09 Apr 2024 12:07

Avraham Eisenberg's trial for a $116m Mango Markets exploit started in New York, focusing on fraud and manipulation charges.

Eisenberg, claiming to have used the protocol as intended, faces wire fraud charges with up to 20 years in prison if convicted.

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09 Apr 2024 11:02

STFIL Protocol, a top DeFi project on Filecoin, reported its team is under police investigation in China, and its FIL Tokens were shifted to an unknown address amid widespread arrests of Filecoin equipment makers over pyramid scheme allegations.

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09 Apr 2024 09:19

Clearstream is participating in the ECB's digital euro trials, focusing on DLT-based tokenized securities transactions.

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09 Apr 2024 06:41

Toncoin (TON) climbed to 9th place in the CoinMarketCap rating, reaching a price level of around $6.8 at the time of writing.

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08 Apr 2024 16:30

Sora Ventures is reportedly partnering with Tokyo Stock Exchange-listed Metaplanet JP to introduce Asia's first Microstrategy, allowing Japanese investors gain Bitcoin exposure without high taxes or regulatory risks.

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08 Apr 2024 12:45

The latest CoinShares report shows a mixed landscape in digital asset fund flows, with significant Bitcoin focus and varied regional sentiments:

⚫️Digital asset investments saw $646m in inflows last week, reaching a record $13.8bn year-to-date
⚫️Bitcoin dominated with $663m in inflows, while short-Bitcoin products experienced $9.5m in outflows
⚫️Ethereum's outflows continued for the fourth week, totaling $22.5m
⚫️Litecoin, Solana, and Filecoin saw notable inflows, highlighting investor interest in select altcoins

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08 Apr 2024 11:21

Brazil has reportedly launched an investigation into Elon Musk for potential obstruction of justice, following his refusal to censor specific users on the X platform.

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