Spot Bitcoin ETF Approval is Coming, but Analysts Differ on Possible Price Reaction
One line of thought envisions a major rally, while another suggests approval has been fully baked into prices.
Financial
Jimmy Zhong Arrest Details Revealed in New Report
Zhong is now serving a one-year sentence related to the theft of bitcoin from the Silk Road marketplace.
Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks
The FDIC’s watchdog concluded the agency has been lax in figuring out how to guide U.S. bankers on crypto matters, and it called for a new strategy by January.
Cracks Appear as Ethereum Staking Demand Wanes
Earlier this year, Ethereum staking was popular, particularly with Lido Finance’s rise to prominence in the DeFi space, but it is now facing challenges, suspicions, and resentment.
Bitcoin Holds $28K as Stocks Buckle Under Interest Rate Concerns
Also, there’s a growing consensus that SEC approval of a spot bitcoin ETF is surely in the cards.
Lightning Labs Rolls Out ‘Taproot Assets,’ to Make Bitcoin ‘Multi-Asset’ Network
Taproot Assets will give developers “the tools needed to make Bitcoin a multi-asset network, but in a scalable manner,” according to Lightning Labs.
Investment as a Service: Table Stakes for the Next Crypto Cycle
It’s no longer enough for crypto exchanges to simply facilitate buying and selling cryptocurrency.
The Death of Compromise, and a Way Forward for Crypto
Lessons for TradFi and DeFi from some toppled LEGO.
U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
In a letter to top U.S. security officials, 102 lawmakers demanded to know what the Treasury Department and others are doing to prevent the use of crypto to finance terrorism.
SBF Trial: A Witness Contrasts Sam Bankman-Fried’s House Testimony With FTX’s Dangerous Secrets
Former FTX lobbyist Eliora Katz appeared to mostly be on the stand to allow prosecutors to bring attention to Bankman-Fried’s tweets and House testimony, and how they differed from the secret reality that led to the crypto exchange’s demise.