New York Attorney General Letitia James has escalated her lawsuit against Digital Currency Group (DCG), charging more than $3B in fraud. After further research, James found that the fraud's impact exceeded the original estimates. These new findings increased the damage sum by $2B.

Mining giants Hut 8 are in the eye of the storm. Asher Genoot will take over as CEO of Hut 8, replacing Jaime Leverton. This action is in response to claims made by JCapital Research, which described the company's operations as "pump-and-dump."

According to Bloomberg senior ETF analyst Eric Balchunas, BlackRock's iShares Bitcoin Trust ETF ranks in the top among all ETF products in the United States, at 0.16%. Spot Bitcoin ETF receives more than $3.19B in inflows — trailing only the S&P 500 and Vanguard's Total Stock Market ETF.

Financial analyst Peter Schiff is against new Securities and Exchange Commission (SEC) directives. Companies that trade crypto and government securities worth more than $50M are now required to register as dealers.

Crypto exchange Binance is having difficulty re-establishing its operations in the United Kingdom due to the need for FCA-approved partner firms, according to Bloomberg.

Revolutionizing Event Engagement: Gokhshtein Media Joins Forces with Nolcha Shows

Downward pressure on Bitcoin's price is subsiding as profit-taking on Grayscale Bitcoin Trust (GBTC) essentially stops, JPMorgan analysts believe.

Although Bitcoin ETFs are gaining popularity, not all of them will endure, according to Grayscale Investments CEO Michael Sonnenshein. Sonnenshein believes the majority of spot ETFs will fail even if the SEC has approved 11.