Grayscale ETF Case’s Final Word Coming in Federal Court as SEC Loss Formalized
The court that ordered the SEC to scrap its rejection of Grayscale’s spot bitcoin ETF application will set that ruling in stone by Monday.
Financial
U.S. Treasury Seeks to Name Crypto Mixers as ‘Money Laundering Concern’
Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto, Treasury’s FinCEN proposed a rule to categorize mixers as a threat.
Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears
The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.
‘Absolutely Not’: FTX’s Former General Counsel Says He Never Approved Loans of Customer Funds
Can Sun, FTX’s general counsel from August 2021 to the time of the exchange’s collapse in November 2022, testified in the Sam Bankman-Fried fraud trial.
Crypto for Advisors: What Will Trigger Crypto Mass Adoption?
Andy Baehr, head of CoinDesk Indices, discusses scenarios that could be the drivers of mass adoption in crypto.
Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021
Since the end of last year, the number installed worldwide has dropped 7,000, or 17%.
Will Lawsuit Against DCG Impact GBTC’s Chances of an ETF Conversion?
Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.
Matrixport Says Bitcoin Will Rise to Between $42K and $56K if BlackRock ETF Is Approved
The prediction is based on potential inflows of as much as $24 billion.
Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians
With multisig security, several custodians control the private keys to the bitcoin being held. BitGo will perform this role alongside Coincover and Kingdom Trust.
Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital