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Author: Oluwapelumi Adejumo

Tether’s Bitcoin wallet swells to 66,400 BTC, tallying up unrealized gains of over $1B

Tether has significantly increased its Bitcoin holdings, now comprising more than 66,000 BTC, with an estimated value exceeding $2.8 billion. According to data shared by CryptoQuant founder Ki Young Ju, Tether’s BTC holdings surged to 66,400 from the 57,500 recorded at the beginning of the year—indicating an acquisition of approximately 8,900 BTC in the final

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Ethereum-Bitcoin ratio drops to historic low as ETF approval speculation heightens

Ethereum’s value against Bitcoin has dropped to historical lows as market anticipation grows for an imminent launch of a spot exchange-traded fund in the U.S. Data from Paris-based crypto intelligence platform Kaiko showed that the ETH/BTC ratio has steadily declined since the smart-contract-enabled blockchain transitioned into a proof-of-stake network in September 2022…

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Ethereum MEV-relay bloXroute to deny OFAC-listed transactions, escalating crypto censorship debate

Ethereum MEV-relay bloXroute labs said it will reject blocks containing transactions from addresses listed on the Office of Foreign Assets Control’s (OFAC) Specially Designated Nationals And Blocked Person List (SDN) list starting Dec. 18. In a Dec. 18 statement on X (formerly Twitter), the firm said: “Effective immediately…

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