Ether Bears Lose $11M as ETF Hopes Lift ETH Prices
There’s a “90% chance” an ether futures ETF will be traded in the first week of October, one analyst said.
Financial
Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren’t Securities
Stablecoin buyers don’t expect a profit so it’s not an investment contract, argues the USDC issuer, supported by former commodities regulator Heath Tarbert.
Sam Bankman-Fried Scoops Help CoinDesk Win Major Journalism Award
FTX, an industry titan, ended up in bankruptcy court nine days after a November 2022 scoop from CoinDesk’s Ian Allison.
Valkyrie Gets Approval to Start Buying ETH Futures For its Existing Bitcoin ETF
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3.
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
A Democrat in Congress is waging a lonely crusade against off-chain secrecy by calling for exchanges’ internal records to be shared with central repositories.
Bitcoin Tops $27K as Rates and Oil Retreat; Ether Outperforms on ETF Hopes
The broad-market proxy CoinDesk Market Index (CMI) was up 3.8% over the past 24 hours.
Ripple Cancels Plan to Buy Fortress Trust
“While this outcome is different from what was originally planned, we’ll continue to support them and hope to work together in the future,” said Ripple CEO Brad Garlinghouse.
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?
Crypto for Advisors: AI – Friend or Foe to the Advisor?
Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for.
Europe’s Crypto Industry Wants Staking Clarity as Regulations Loom
The EU and UK may both be contemplating new rules to cover crypto staking — as regulatory action in Switzerland and Singapore offers a cautionary tale.