What’s Left for Sam to Say?
Bankman-Fried will testify about FTX’s collapse. But he’s got a lot he’ll need to push back on.
Financial
Bitcoin’s Recent Outperformance Fueled by Institutional Demand, JPMorgan Says
There has been a significant bitcoin inflow into larger wallets, which suggests institutional investor demand, the report said.
Bitcoin to Score ‘Golden Cross’ After 30% Price Surge in Two Weeks
The forthcoming price pattern would signal a strengthening of bullish momentum.
Deutsche Bank and Standard Chartered Ventures Test SWIFT Killer for Stablecoins and CBDCs
The Universal Digital Payments Network instructs and allows transactions, ranging from stablecoins on public blockchains to central bank digital currencies.
FTX Cold Wallets Move $19M in Solana, Ether to Crypto Exchanges
The debtor group in control of FTX assets has conducted various on-chain transactions in the past few weeks.
Dogecoin, Shiba Inu Jump 9% as Crypto Traders Take Riskier Bets
The two popular göğüs coins have mostly underperformed crypto majors in the past week.
Grayscale Bitcoin Trust Outshines Nividia With 220% Gain This Year
“GBTC is the gift that keeps giving,” one observer said.
Sam Bankman-Fried May Testify to Role of Lawyers, ‘Good Faith’ Efforts, Filing Says
Wednesday filings by Bankman-Fried’s defense team and the DOJ hint at his possible defense arguments.
Catching Up on a Lot of Stuff
It’s been a busy few weeks.
Lesser-known Johnson Wins Speaker Job as Crypto-focused Lawmakers Return to Old Roles
Speaker of the House Mike Johnson of Louisiana was a subcommittee chairman until his colleagues gave him the big gavel on Wednesday.