Blockchain industry analysis and daily news, plus opinions, reports, and platform updates from Adbytes.
$64 Billion Hedge Fund Citadel Securities Enters Crypto Trading Arena Citadel Securities, a powerhouse hedge fund managing $65 billion in assets, has announced its entry into the cryptocurrency trading market, signaling a significant shift in its approach to digital assets. Citadel Securities enters crypto market as a market maker Ken Griffin’s evolving stance on cryptocurrencies […]
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OKX Affiliate Admits to $1 Trillion in Unlicensed U.S. Transactions, Agrees to $504M Penalty OKX’s affiliate, Aux Cayes FinTech Co. Ltd, has pleaded guilty to processing over $1 trillion in unlicensed transactions for U.S. customers, agreeing to a hefty $504 million penalty. This landmark case highlights the U.S. government’s stringent regulatory stance on cryptocurrency platforms. […]
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Bitcoin’s Dominance in Proof of Work: National Security and Game Theory Jason Lowery, a US Space Force Major and the author of the “Softwar” thesis, recently shared his insights on the future of Reusable Proof-of-Work (RPoW) networks via a discussion on X. He argues passionately that Bitcoin could become the global standard for secure networks, […]
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DekaBank Enters the Cryptocurrency Arena with €411.5 Billion in Assets DekaBank, a major German asset manager with €411.5 billion in assets, has launched cryptocurrency trading and custody services exclusively for institutional clients, marking a significant stride in the integration of digital assets into traditional finance. DekaBank launches crypto trading and custody for institutions. Germany’s progressive […]
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Montana’s Rejection of Bitcoin Reserve Bill: A Snapshot of U.S. Crypto Regulation Can you imagine your state government holding Bitcoin in its reserves? Montana just said no, but why? The recent rejection of a bill that would have allowed the state to hold Bitcoin in its reserve fund has spotlighted the diverse approaches states are […]
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SEC Closes Investigation into Robinhood Without Enforcement Action The U.S. Securities and Exchange Commission (SEC) has ended its investigation into Robinhood, the popular retail trading app, without pursuing any enforcement action. This decision follows a Wells Notice issued to Robinhood in May of the previous year, which typically signals potential legal action. Despite numerous meetings […]
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Michael Saylor’s Strategy Acquires $2B in Bitcoin: A Bold Move in the Crypto Arena Strategy buys 20,356 BTC for $1.99 billion Funded via $2 billion convertible notes Total Bitcoin holdings reach 499,096 BTC Can a single company’s investment strategy change the course of Bitcoin’s future? Michael Saylor’s Strategy certainly thinks so, as it recently made […]
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Ken Griffin’s Citadel Securities Eyes Crypto Liquidity Role Amid Regulatory Shifts Ken Griffin’s Citadel Securities is set to become a liquidity provider in the cryptocurrency market, aligning with President Donald Trump’s vision to make the U.S. the ‘crypto capital of the planet.’ This move reflects broader shifts in the crypto landscape, influenced by regulatory changes […]
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EU Sanctions Russian Crypto Exchange Garantex: A New Front in Financial Warfare The European Union has escalated its financial sanctions against Russia by targeting Garantex, a Russian cryptocurrency exchange, marking a significant move in the ongoing geopolitical chess game. EU sanctions Garantex over its links to sanctioned Russian banks. Garantex claims operational resilience despite new […]
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Mastering Crypto Price Predictions: Fine-Tuning Time Series Models Ever wondered how to get a glimpse into the future of Bitcoin or AAVE prices? Time series forecasting models provide a way to do just that. This article explores how to fine-tune these models for more accurate predictions, using Bitcoin and AAVE as examples. We’ll walk you […]
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