What Happens to GBTC Discount When FTX Sells its Holdings?
It’s possible the SEC could approve a spot ETF before any sales, taking discount worries off the table.
Financial
Lawmakers Lummis and Hill Urge DOJ Decision on Charging Binance and Tether for Aiding Hamas
The two have been notable advocates for reasonable regulation of crypto.
Bitcoin Primed for ‘Supply Shock’ as Exchange Balance Drops to 5-Year Low, Analyst Says
A spot ETF approval could fundamentally alter bitcoin’s supply and demand dynamics as professional investors would allocate to BTC as an uncorrelated asset, Forex.com’s Matt Weller told CoinDesk TV.
U.S. Senate’s Banking Chairman Says Panel to ‘Crack Down’ on Crypto’s Terrorism Ties
Despite two forensics firms saying Hamas support via crypto may have been overstated, Sen. Sherrod Brown suggests the U.S. needs to address terrorist use of crypto.
Crypto for Advisors: ETH Futures ETFs and What’s Next
Today in Crypto for Advisors Roxanna Islam from VettaFi discusses the current crypto ETF market with a focus on Eth futures performance.
Pepecoin Doubles to $500M Market Cap as Memecoin Fever Steals Bitcoin’s ETF Thunder
More than 155,000 wallets now hold the popular memecoin.
Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued
The funding revelation caused an uproar in Washington. But there’s no evidence for anything beyond “tiny” amounts of digital assets landing in terrorists’ hands, the veri firm Elliptic now says.
LIVE: Sam Bankman-Fried Prepares to Testify Today in FTX Fraud Trial
Prosecutors intend to rest their case on Thursday, at which point SBF’s defense lawyers will begin calling witnesses.
Protocol Village: IoTeX Blockchain to Integrate With Solana for ‘IoT-Connected Projects’
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Oct. 26-Nov. 1, with live updates throughout.
Dollar/Yen Trading Volume Surpasses Bitcoin on DeFi Platform Gains Network
Early Thursday, a large leveraged short position in USD/JPY pair worth $8.26 million crossed the tape on Gains Network.