Bitcoin Dips 5% to Under $36K as Crypto Rally Runs Into Wall, Liquidating $340M in 2 Days
The SEC delaying a decision about spot BTC ETFs could leave the market without a catalyst until early January, K33 analysts said this week.
FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto
Three men allegedly used foreign crypto exchanges to launder the proceeds of a scheme that targeted nearly a dozen financial institutions in the New York metro area.
Sam Bankman-Fried’s Trial May Be Over, but The Bahamas Is Living Its Own Trial
Bankman-Fried may have been convicted, but The Bahamas appears to be dealing with the stigma of rolling out a red carpet for FTX.
Bitcoin-Focused Ordinals Project Taproot Wizards Raises $7.5M in Seed Round
Taproot Wizards, which describes itself as “magic internet JPEGs”, offers a collection of Microsoft Paint images of wizards harking back to a 2013 bitcoin göğüs: “magic internet money.”
255M Pyth Tokens to Be Airdropped to 90K Wallets Next Week
The Pyth network currently has $1.57 billion in total value secured across 120 protocols.
Crypto for Advisors: Cryptocurrency Transparency Truths vs. Myths
In this week’s issue of Crypto for Advisors, Dawood Khan from Alix Partners discusses how on-chain analytics bring transparency to blockchain and cryptocurrency transactions.
CoinShares Secures Option to Buy Valkyrie’s ETF Unit
A takeover would give the company a foothold in the U.S. as investors get optimistic that crypto ETFs will win SEC approval.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
UK’s Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
The government has said it won’t extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.
Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One
The 2024 U.S. presidential candidate would fire most of the SEC, direct the government to back off crypto software developers and ease a path for digital assets as commodities.