FTX Affiliate Alameda Research Drops Grayscale Lawsuit
FTX liquidators are scrapping a costly kanunî battle to secure money for FTX creditors, following GBTC’s conversion into a spot bitcoin ETF.
Zuzalu, Vitalik Buterin-Led Retreat in Montenegro, Inspires Grants for ‘Zu-Villages’
The aim of the program is to continue the “growth of the pop-up city movement” and “support technology-driven projects,” according to a post on Gitcoin.
FTX Sold About $1B of Grayscale’s Bitcoin ETF, Explaining Much of Outflow: Sources
BTC’s price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.
China’s Currency Woes to Weigh on Bitcoin: Crypto Observer
Measures taken by the People’s Bank of China to cushion yuan against the stock market slide could weigh over bitcoin’s price.
U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators
The U.S. designated two companies that helped move crypto for Hamas, according to a Treasury Department press release.
First Mover Americas: Solana, Cardano Lead Losses as Market Starts Week in the Red
The latest price moves in crypto markets in context for Jan. 22, 2024.
Solana (SOL), Cardano (ADA) Lead Crypto Market Lower as Traders Grapple With BTC Headwinds
CoinDesk 20, a liquid index of the highest traded tokens, slumped 2.86% in the past 24 hours.
Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg
A statement from B. Riley said it was unaware of any such investigation from the U.S. Securities and Exchange Commission (SEC).
Trading Volume on Proshares Bitcoin ETF Tanks 75% As Focus Shifts To Spot ETFs
Observers said BITO will remain an integral part of the market as a hedging instrument for authorized participants associated with the recently launched spot ETFs.
Dogecoin, Floki Bullish Bets Rise on X Payments Speculation
DOGE has the tendency to surge on payments-related developments at any Elon Musk-owned companies, such as X or Tesla. Floki, named after Musk’s dog, moves as a beta bet among midcap traders.