FTT Bucks Market Turmoil As FTX Estate Revealed To Be Behind GBTC Sales
FTT was up 11% in the past 24 hours as the broader market tracked by CoinDesk 20 slumped 4%.
Financial
Financial
Bottom Fishing in Bitcoin? Here Are the Key Signs To Watch for
Savvy traders are looking for signs of capitulation in the spot and perpetual futures market, and renewed demand for calls when calling market bottom and trend reversal higher.
Financial
Trump Reiterates Anti-CBDC Stance, Credits Vivek Ramaswamy for Policy Guidance
The Republican frontrunner credited former candidate Vivek Ramaswamy for the policy.
Financial
Bitcoin Unphased by China’s Stimulus Plan
Hong Kong’s Hang Seng Index and the CSI 300 both responded to Beijing’s plan to reboot China’s domestic stock market, but bitcoin remains in the red.
Financial
Abra to Open Withdrawals After Settling with Texas Regulators
More than 12,000 investors could be able to withdraw roughly $13 million worth of crypto, according to a new settlement between Abra and state regulators.
Financial
Congresswoman Maxine Waters Questions Meta’s Ongoing Crypto Efforts
A letter sent to the tech giant said it still has five active patents related to cryptocurrencies, despite the firm saying that it has no digital assets-related works ongoing.
Financial
Bug on Ethereum’s Nethermind Software Sparks Discussion of ‘Client Diversity’ Risks
The lion’s share of Etheruem’s validators rely on the same piece of software to power their operations. According to some experts, this could be a big risk.
Financial
SEC Shut Off Extra Security on X For 7 Months, Letting Hacker Breeze In
The U.S. regulator confirmed it didn’t take its own security advice through much of 2023, leaving it open for a costly social-media hack that’s still under investigation.
Financial
Bitcoin-Based Digital Art Image ‘Genesis Cat’ Sells for $254K in Sotheby’s Auction
The sale of the digital image from the Taproot Wizards project came as popularity surges for the NFT-like creations minted atop the Bitcoin blockchain’s Ordinals protocol. All in, some 19 lots sold by Sotheby’s raked in a combined $1.1 million.
Financial
Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria
Analysts at 10x Research are eyeing the $38,000 level for a potential bottom.