Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K
Grayscale’s GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.
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Base Blockchain Transactions Jump on Meme Coin Led Frenzy
The blockchain could see huge traction among retail audiences due to its proximity to the prominent Coinbase exchange, a sentiment that’s driving activity and growth of native Base tokens.
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SEC Seeks $1.95B Fine in Final Judgment Against Ripple
Stuart Alderoty, Ripple Labs’ chief kanunî officer, criticized the SEC and wrote that the company will file its response to the SEC’s motion next month.
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Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case
The court documents filed in a New York court on Monday are currently under seal.
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London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.
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TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
Investors will be able to take out crypto loans by pledging TrueFi’s U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.
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FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors
The value of FTX’s FTT token surged 10% on the news.
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Record $1B Exited Crypto Funds Last Week: CoinShares
The action was a break from what had been a record seven-week string of inflows.
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Do Kwon Released From Montenegrin Prison on Bail; Terraform Labs’ Civil Trial Begins in NYC
It remains unclear whether Kwon will eventually be extradited to the U.S. or South Korea to face charges tied to the $40 billion collapse of the Terra ecosystem in 2022.
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Goldman Seeing ‘Resurgence of Interest’ for Crypto Options From Hedge Fund Clients: Bloomberg
The approval of spot bitcoin ETFs in the U.S. in January led to a pickup in interest from Goldman’s existing clients, the report says.