Update (Feb. 21, 12:45 am UTC): This article has been updated to include comments from Tether. Tetherโs USDT, the worldโs largest US dollar-pegged stablecoin, is heading for its steepest monthly supply decline in years as big holders step up redemptions, according to blockchain data. The circulating supply of USDt (USDT) has fallen by about $1.5 billion so far in February, following a $1.2 billion decrease in January, according to Artemis Analytics data reported by Bloomberg. This puts USDT on track for its biggest monthly drop in three years, since the…
Tag: FTX
‘Bitcoin Going to Zero’ Google Searches Hit Highest Level Since FTX
Google searches for โBitcoin going to zeroโ have surged to their highest level since the postโFTX panic in November 2022, according to Google Trends data for the past five years.ย The spike aligns with Bitcoinโs latest drawdown from its Oct. 6, 2025, allโtime high near $126,000 to about $66,500 at the time of writing on Thursday, according to data from Coingecko, leaving the asset almost 50% below its peak.ย At the same time, the Bitcoin Fear and Greed Index has plunged into extreme fear around 9, levels previously seen during…
Bitcoin Bull-Bear Cycle Indicator Drops To Deepest Level Since FTX Bottom
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelorโs degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…
Sam Bankman-Fried Seeks New Trial in FTX Fraud Case
Former FTX chief CEO Sam Bankman-Fried has asked a federal court for a new trial on fraud charges, arguing that previously unavailable witness testimony could undermine the governmentโs case that led to his 25-year prison sentence. In a motion filed Feb. 5 in Manhattan federal court, Bankman-Fried challenged his 2023 conviction, though the request is separate from his formal appeal, as Bloomberg reported. Motions for a new trial face a high legal bar and are rarely granted. The filing was submitted to the court by Bankman-Friedโs mother, retired Stanford law…
Bitcoin Realized Loss Nears $900 Million, Highest Since FTX Crash
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelorโs degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…
Fenwick Settles FTX User Lawsuit Over Work for Exchange
The plaintiffs filed the lawsuit in 2023, accusing the law firm of playing โa key and crucial role” in “how the FTX fraud was accomplished.โ FTX users and Fenwick & West have reached a proposed settlement over a 2023 lawsuit alleging the law firm helped carry out the fraud that led to the crypto exchangeโs collapse over three years ago. Fenwick and lawyers representing FTX users said in a joint filing to a Florida federal court on Friday that they plan to lodge the proposed settlement with the court for…
Bridges Are Cryptoโs Next FTX Waiting To Happen
Opinion by: Kadan Stadelmann, chief technology officer of Komodo Platform Crypto didnโt get wrecked by regulators or some shadowy conspiracy. The industry did this to itself. It handed control of cross-chain liquidity to a handful of intermediaries, who it called โbridges,โ wrapped assets in slick tickers, and pretended that was decentralization. Every time one of these house-of-cards systems collapses, billions vanish, and the rest of the industry shrugs, as if these were isolated accidents instead of warning sirens blaring across the ecosystem. Multichainโs collapse was a mess. The Ronin hack…
Pionnier du minage, Benoist revend ses 1000 Bitcoins ร … 12$ ๐ฌ #bitcoin #mining #crypto
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Pionnier du minage, Benoist revend ses 1000 Bitcoins ร … 12$ ๐ฌ ๐๏ธ Benoist Rousseau @BenoistRousseauFR est Trader Pro, Membre du CME, Top 10 influenceur รฉco par Challenges, Fondateur du Blog andlil.com, Formateur dans le cadre de Sรฉminaires & Coaching Pro : #trading #bourse #finance #benoistrousseau “J’ai additionnรฉ tous les bitcoins que j’avais crรฉรฉ “entre guillemets” (que j’avais minรฉ) entre 2010 / 2011 / 2012 / 2013 ร peu prรจs, donc c’est lร oรน รงa fait rire tout le monde attention c’est le…
Crypto Fear & Greed Flashes โExtremeโ Longer Than Amid FTX Panic
Key Notes Crypto Fear & Greed Index has stayed in โExtreme Fearโ (0โ24) for 14 straight days. It outlasts the indexโs extreme readings during the November 2022 FTX collapse. BTC trades around $88,000, roughly five times higher than during the FTX crash. The Crypto Fear & Greed Index has printed โExtreme Fearโ for 14 straight days. On December 26, it stands at 20. This means a longer stretch of deep pessimism than during the November 2022 FTX collapse, even as BTC $88 645 24h volatility: 1.5% Market cap: $1.77 T…
How Bitcoin is Mined in Kenya
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io I paid a visit to Gridless Compute’s ( Bitcoin mining operations in Muranga County, accompanied by a group of Bitcoin Toxic Maximalists. These individuals firmly hold the belief that Bitcoin is the sole digital asset that will remain essential in the future, asserting that all other digital currencies are inferior to Bitcoin. โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Youtube version