Bitcoin Bulls Buoyed by Report of FTX’s $1B GBTC Sale
Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought.
Financial
Financial
Bailing DeSantis May Leave Deafening Crypto Silence in 2024 Presidential Race
The Florida governor and Vivek Ramaswamy had been the most strident Republican voices on digital assets issues for 2024, but both gave way to the Trump political juggernaut.
Financial
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.
Financial
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.
Financial
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.
Financial
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.
Financial
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.
Financial
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.
Financial
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.
Financial
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).