Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities
The body will act as a bridge between the private sector and the government in supervising the industry.
Financial
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Here’s Why Bitcoin’s Not Keeping Pace With Nasdaq
Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.
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Bitcoin Could Hit $1M Within 10 Years, Bernstein Says as It Initiates Coverage of MicroStrategy
The broker assigned the software company an outperform rating and a $2,890 price target.
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Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
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Former Goldman Sachs Exec Joins Anchorage Digital’s Board of Directors
Connie Shoemaker currently serves as the COO and CFO of asset management firm Bridgewater Associates’ parent company.
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U.S. Judge Signs Off on $4.5B Terraform-Do Kwon Settlement With SEC
The settlement bans Kwon and Terraform Labs from buying and selling crypto asset securities while agreeing to hisse $4.5 billion in disgorgement, prejudgment interest, and civil penalties
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HLG Down Over 60% as Exploiter Mints 1 Billion New Tokens
The team behind the Holograph (HLG) said they have patched the exploit and is working with centralized exchanges to freeze accounts affiliated with the exploiter
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Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market
SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.
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EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA
The European Union’s MiCA legislation – the wide-ranging package of bespoke rules for the crypto sector – was enforced last year.
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Ether ETFs Should be Fully Approved by September, Says SEC Chair Gensler
The chair of the Securities and Exchange Commission told senators in a budget hearing that the applications to run ether spot ETFs should be finished this summer.