Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says
The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the bank said in a report.
Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ
Gruhn said he bought the watch for his wife, Maren Gruhn, and that they would display the watch in museums, according to the report.
Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail
Rabotnik, 24, has also been ordered to hisse over $16 million in restitution.
U.S. Bitcoin ETFs Bleed Record $563M Even as Fed’s Powell Rules Out Rate Hike
Fidelity’s FBTC, not GBTC, let outflows on Wednesday in what may be an alarming development for the bulls.
The Protocol: EigenLayer’s ‘Intersubjective Forking’ Is Objectively Not Done
Much-hyped restaking project EigenLayer’s 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality won’t be ready when the token launches.
Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled
Hopes for a series of interest rate cuts in 2024 have all but vanished over the past few weeks as both the economy and inflation exhibit unanticipated strength.
Bitcoin’s Ethereum-Style Programmability Could Come in 12 Months, Rootstock Founder Says
The new project would build off the much-discussed “BitVM” design released last year by developer Robin Linus, which has kindled hopes that the oldest and largest blockchain could eventually see Ethereum-style programmable layer-2 networks.
An ETH ETF Wouldn’t Deliver Full-Returns to Investors
An SEC approval for spot ETH ETFs looks unlikely but even if the SEC approves exchange traded funds for Ether, investors should learn about total return ETH investment products. That way, they can gain from staking rewards as well as the underlying asset, says Jason Hall, the CEO of Methodic Capital Management.
‘Sell in May and Go Away’: The Seasonality of Crypto-asset Returns
The summer months, between June and September, have historically brought significantly lower investor returns than other months of the year, says André Dragosch, head of research at ETC Group.
RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock
BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization