DLT Securities Rules Are Here to Stay, EU Official Says
New European laws took effect in April, but fears over its limited scale may have inhibited take-up.
Financial
First Mover Americas: GBTC Discount Continues to Narrow; Reddit’s Crypto Tokens Plummet
The latest price moves in crypto markets in context for Oct. 18, 2023.
Korean Giant SK Telecom Releases Crypto Wallet With CryptoQuant as Partner
The wallet features on-chain veri analysis tools that may inform users’ market decisions.
EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro
The central bank digital currency has met significant opposition from lawmakers worried over the potential for state snooping
(One Part of) SBF’s Defense Strategy Starts Paying Off
The defense team landed some hits during its cross-examination of a key witness against Sam Bankman-Fried.
Bitcoin Nears $29K as Fidelity ETF Amendment Bumps Bullish Sentiment
Some analysts said the amendments show the U.S. Securities and Exchange Commission is holding active discussions with related parties.
Ether Could Continue to Underperform Bitcoin as U.S. Bond Market ‘Dis-Inversion’ Resumes
The spread between yields on 10-year and three-month Treasury notes has resumed the recovery toward zero. Ether has a strong inverse correlation with the yield spread than bitcoin.
Coinbase Trading Volume Slows Further as Crypto Winter Continues: Berenberg
Political headwinds could blunt the impact of the crypto exchange’s ramped-up lobbying efforts, the report said.
Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says
Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.
SBF Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant
The erstwhile crypto titan and avowed vegan Sam Bankman-Fried was also scheduled to meet New York Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.