Crypto Stocks Gain as Bitcoin Tops $72K for First Time Since March
Crypto-related companies looked set to start the week on a positive note.
Financial
Financial
Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving
Broader crypto markets remained little changed over the weekend, but some Ordinal ecosystems saw gains as a proxy for BTC.
Financial
HashKey’s Crypto Exchange Goes Live After Winning License in Bermuda
“HashKey Group aims to establish one of the world’s largest cluster of licensed exchanges within the next 5 years, surpassing all current regulated exchanges,” said Livio Weng, COO of HashKey Group.
Financial
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD.
Financial
Genesis Completes Redemption of GBTC Shares, Buys 32K Bitcoins with Proceeds
The company in February got permission from a New York bankruptcy court to sell approximately 36 million shares of Grayscale’s Bitcoin Trust.
Financial
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
The U.S. SEC has argued that Do Kwon and his company lied to investors about the stability of TerraUSD and its integration with a Korean mobile payments app.
Financial
Did Strong Bitcoin ETF Demand Kill Halving’s Potential Bullish Rally?
The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.
Financial
Ethereum Foundation Researchers’ Proposal to Slow ETH Issuance Draws Pushback
The proposal, introduced in February, could harden Ethereum’s native cryptocurrency, ether (ETH), as a form of money – by reducing the inflation of new supply. But some members of the community say if it’s not broke, don’t fix it.
Financial
Bitcoin Cash Rally Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
All but two cryptos in the index posted losses, led by double-digit declines in APT and DOGE.
Financial
DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany
The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday.