{"id":10091,"date":"2024-03-13T06:06:41","date_gmt":"2024-03-13T06:06:41","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=10091"},"modified":"2024-03-13T06:06:41","modified_gmt":"2024-03-13T06:06:41","slug":"tether-recovers-stolen-funds-tensor-launches-governance-token-and-coinshares-taps-into-bitcoin-etf","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/tether-recovers-stolen-funds-tensor-launches-governance-token-and-coinshares-taps-into-bitcoin-etf\/","title":{"rendered":"Tether Recovers Stolen Funds, Tensor Launches Governance Token, and CoinShares Taps into Bitcoin ETF"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Overnight in Asia, <\/span><a href=\"https:\/\/www.btse.com\/en\/trading\/BTC-USDT\"><span style=\"font-weight: 400;\">Bitcoin (BTC)<\/span><\/a><span style=\"font-weight: 400;\"> experienced a significant drop of $4.3K due to unexpectedly high February CPI data, signaling persistent inflation in the U.S. However, Bitcoin&#8217;s price quickly recovered, currently trading at $72,128. This volatility resulted in the <\/span><a href=\"https:\/\/www.coinglass.com\/LiquidationData\"><span style=\"font-weight: 400;\">liquidation of over $360 million<\/span><\/a><span style=\"font-weight: 400;\"> worth of leveraged derivatives positions, predominantly longs. Despite initial reactions, the inflation figures have sparked discussions regarding the Federal Reserve&#8217;s potential interest rate adjustments, affecting both Bitcoin&#8217;s value and investor sentiment.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><b>What to Watch Out for Today<\/b><\/h2>\n<p>&nbsp;<\/p>\n<p>1. <a href=\"https:\/\/cointelegraph.com\/news\/tether-helps-us-doj-fbi-recover-1-4-m-stolen-usdt-tokens\"><b>Tether&#8217;s Security Triumph<\/b><\/a><span style=\"font-weight: 400;\">: Tether, in partnership with the U.S. DOJ and FBI, has managed to reclaim $1.4 million in stolen USDT, marking a historic recovery of cryptocurrency. This case highlights the risks of customer support scams, especially those targeting vulnerable populations like the elderly. For crypto holders, staying vigilant against fraud and understanding the mechanisms for fund recovery is crucial.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>2. <a href=\"https:\/\/www.coindesk.com\/tech\/2024\/03\/12\/solana-nft-marketplace-tensor-to-issue-tnsr-governance-token\/\"><b>Solana&#8217;s NFT Marketplace Innovates<\/b><\/a><span style=\"font-weight: 400;\">: Tensor, a platform on Solana for NFTs, is launching a governance token, $TNSR, shifting control to its community. This development underscores the growing trend of decentralized governance in crypto. For NFT enthusiasts and investors, this could be a signal to engage more deeply with Tensor and similar platforms, potentially benefiting from early involvement in governance token distributions.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>3. <a href=\"https:\/\/decrypt.co\/221434\/coinshares-acquires-valkyrie-bitcoin-etf\"><b>CoinShares Expands with Valkyrie Acquisition<\/b><\/a><span style=\"font-weight: 400;\">: By acquiring Valkyrie Funds, CoinShares not only grows its U.S. market presence but also adds a Bitcoin ETF to its portfolio. This move consolidates around $530 million in assets under management, emphasizing strategic growth in the digital asset space. Investors interested in the expanding landscape of cryptocurrency investment vehicles should watch CoinShares&#8217; movements closely, as they indicate broader trends in crypto ETF offerings. <\/span><i><span style=\"font-weight: 400;\">Long Bitcoin ETFs?<\/span><\/i><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">For more daily news, join our Telegram news channel <\/span><a href=\"https:\/\/t.me\/btsenews\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><i>Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at\u00a0<\/i><a href=\"mailto:feedback@btse.com\"><i>feedback@btse.com<\/i><\/a><i>\u00a0or on X @BTSE_Official.<\/i><\/p>\n<p class=\"p1\"><i>Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Overnight in Asia, Bitcoin (BTC) experienced a significant drop of $4.3K due to unexpectedly high February CPI data, signaling persistent inflation in the U.S. However, Bitcoin&#8217;s price quickly recovered, currently trading at $72,128. This volatility resulted in the liquidation of over $360 million worth of leveraged derivatives positions, predominantly longs. Despite initial reactions, the inflation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[14],"tags":[],"class_list":["post-10091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-bytes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tether Recovers Stolen Funds, Tensor Launches Governance Token, and CoinShares Taps into Bitcoin ETF &#8212; BTSE Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.btse.com\/blog\/tether-recovers-stolen-funds-tensor-launches-governance-token-and-coinshares-taps-into-bitcoin-etf\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tether Recovers Stolen Funds, Tensor Launches Governance Token, and CoinShares Taps into Bitcoin ETF\" \/>\n<meta property=\"og:description\" content=\"Overnight in Asia, Bitcoin (BTC) experienced a significant drop of $4.3K due to unexpectedly high February CPI data, signaling persistent inflation in the U.S. However, Bitcoin&#8217;s price quickly recovered, currently trading at $72,128. This volatility resulted in the liquidation of over $360 million worth of leveraged derivatives positions, predominantly longs. 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