Bitcoin Breaks Out Above $68K as SOL’s 7% Gain Leads Crypto Rally
Inflows into the spot bitcoin ETFs restarted in a big way last week as the price rallied from near the $60K level.
Financial
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Grayscale CEO Michael Sonnenshein Steps Down
Sonnenshein’s replacement will be Peter Mintzberg, currently head of strategy for asset and wealth manager at Goldman Sachs
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First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision
The latest price moves in crypto markets in context for May 20, 2024.
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Craig Wright Lied to UK Court ‘Extensively and Repeatedly,’ Judge Writes
Judge James Mellor released his written judgement on the Crypto Open Patent Alliance vs Craig Wright case on Monday.
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Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom
The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.
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Research Firm Favors Bitcoin ‘Covered Strangle’ Strategy to Enhance Portfolio Yield by 17%
Research firm 10x suggests bitcoin holders use the options strategy to enhance portfolio yield by 17%.
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Genesis Set to Return $3B Customer Assets in Finalized Bankruptcy Liquidation Plan
Bankruptcy claims began trading at 35% of account balance value when they were initially listed on claim trading marketplace Xclaim.
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Steven Cohen’s Point72 Also an Owner of Bitcoin Via Spot ETFs
Roughly 13 out of the 25 biggest U.S.-based hedge funds held the spot bitcoin ETFs at the end of March, according to veri from bitcoin brokerage River.
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Solana’s SOL Could Hit $200 By Month End, Hedge Fund Founder Says
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling göğüs coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
Financial
Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.