Cathie Wood Likes Bitcoin as Both Deflationary and Inflationary Hedge
Wood would choose bitcoin over gold “hands down” as an asset to hold for the next deri years.
Financial
ApeFest Attendees Report Severe Eye Burn. BAYC Says Less Than 1% Have Symptoms
Several attendees reported have symptoms of photokeratitis, a condition caused by exposure to ultraviolet (UV) lights.
Crypto Funds See $767M Six-Week Inflow, Best Since 2021 Bull Market: CoinShares
Bitcoin funds attracted most of the demand, while ether funds saw their largest inflows since August 2022.
Microsoft Listing Fake Ledger App Leads to $590K of Bitcoin Stolen by Hackers
The hacker also stole $180,000 worth of assets on Ethereum and BSC.
Smart Contract Platform Llama Raises $6M From Investors Including Polygon, Aave Founders
The firm aims to allow blockchain governance protocols to encode role-based functionality.
First Mover Americas: FTX Wants to Sell Its GBTC
The latest price moves in crypto markets in context for Nov. 6, 2023.
XRP Spikes 10% as Several Institutions Adopt Ripple’s Services
XRP traders often react to Ripple developments even as the company maintains distance from the token.
Bitcoin Addresses With Over $1K of BTC Hits Record 8M, Data Shows
The number could grow exponentially, representing a tremendous amount of purchasing power, one observer said.
Roger Ver Seeks Winding Up of Matrixport in Seychelles Lawsuit
The investor launched a suit last year in Seychelles against Matrixport subsidiary Smart Vega, which runs Bit.com, for confiscating $8 million, which he says is being kept because Matrixport’s Jihan Wu blames him for the collapse of CoinFLEX.
Bank of England Publishes Plans to Regulate Wide-Use Stablecoins
The U.K. government published plans for regulating crypto last week.