U.S. Government Moves $4M Bitcoin to Coinbase, Arkham Data Show
An address labeled “U.S. Government: Ryan Farace Seized Funds” moved BTC worth nearly $4 million to Coinbase 11 hours ago.
Financial
Financial
U.S. House Passes Crypto Illicit Finance Bill That’s Likely to be Rebuffed in Senate
The legislation would set up a federal group to assess crypto in terrorism and illicit finance and make recommendations for heading it off, but the bill isn’t expected to clear the Senate.
Financial
Ethereum ETFs Approved by SEC, Bringing Popular Funds to Second-Largest Cryptocurrency
Issuers received approval for their latest S-1 filings, which means that the funds could begin trading as early as Tuesday.
Financial
Ethereum ETFs Could See Underwhelming Demand, Two Research Firms Predict
Trading firm Wintermute expects inflows to be lower than consensus predictions while research firm Kaiko says veri suggests “less conviction” regarding the launch.
Financial
Swan Bitcoin Drops IPO Plan, Cuts Staff and Will Shut Managed Mining Unit
The bitcoin financial firm previously planned to go public by end of this year.
Financial
Tokenized Asset Manager Superstate Debuts New Fund to Profit From Bitcoin, Ether ‘Carry Trade’
Superstate’s new offering comes after its first tokenized fund of short-term U.S Treasury bills, which debuted earlier this year.
Financial
Taking Profits on Bitcoin Ahead of Trump Conference Appearance Could be ‘Expensive Exercise’: Analyst
Markus Thielen, founder of 10x Research, fully expects Trump to win the November election, triggering an early exit for SEC Chair Gary Gensler.
Financial
Polymarket Trading Explodes as 2024 Election Enters Uncharted Territory
Bets on the U.S. presidential election winner rocketed past $300 million, while the punters have put $200 million in a market for the potential Democrat’s nominee and $10 million for the party’s VP.
Financial
CoinDesk 20 Performance Update: AVAX and SOL Surge Lead Weekend Advance
AVAX led the CoinDesk 20 with a 14.5% increase in over the weekend trading, while SOL climbed 6.0%
Financial
Bitcoin Miner Bitdeer Technologies Could be a Potential Takeover Target: Benchmark
The broker raised its price target for the shares to $16 from $13 while reiterating its buy rating on the stock.