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Bankruptcy law firm S&C absolved from misconduct according to new FTX proposal
8.5.2024
FTX’s amended plan contains an exculpation clause that could absolve Sullivan & Cromwell, along with all debtors, of future liabilities
BTC price clings to $62K as Bitcoin bulls suffer post-halving 'boredom'
8.5.2024
Bitcoin may be preparing for trend continuation, but on short timeframes, BTC price behavior is inspiring no one
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
8.5.2024
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a $6 million seed round in June 2022 to build out its usage-based revenue model for content creators....
Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?
8.5.2024
Fidelity's latest report forecasts a massive surge for Bitcoin, predicting an imminent climb towards the $100,000 mark, bolstering investor confidence in BTC's potential.
The post Bitcoin Price Prediction as Trillion Dollar Investment Firm Fidelity Says BTC is About to Soar – $100,000 Incoming?...
Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
8.5.2024
Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs).
The post Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs appeared first on Cryptonews
Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW
8.5.2024
On a mostly bearish day in the cryptocurrency market on Tuesday, Render (RNDR), Kaspa (KAS) and Tron (TRX) are top crypto gainers today and some of the only coins trading in the green over the past 24 hours.
The post Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW appeared first...
Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
8.5.2024
A new SEC filing has uncovered Susquehanna as a billion-dollar owner of the new Bitcoin ETFs.
The post Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs appeared first on Cryptonews
SEC Chair Gary Gensler Calls Crypto ‘Outsized Piece of Scams, Frauds, and Problems in Our Markets’
8.5.2024
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated his view that crypto is a field full of noncompliance. While noting that crypto is a small piece of the overall U.S. financial market that his agency oversees, the SEC chair emphasized that it...
2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities
7.5.2024
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted...
Susquehanna International Group adds $1B in Bitcoin ETFs to portfolio
7.5.2024
According to a filing with the U.S. SEC, Susquehanna International Group invested more than $1 billion in Bitcoin ETFs in Q1 2024
‘Big Short’ Investor Calls Crypto One of the ‘Great Themes of Our Time,’ But He’s Not a Believer
7.5.2024
In a recent interview on Bloomberg Television, Steve Eisman of Neuberger Berman, who gained prominence from “The Big Short,” shared insights on the impending U.S. election and his investment strategies. Eisman identified three significant current themes, including cryptocurrency...
Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena
7.5.2024
As the Bitcoin (BTC) price consolidates just to the north of $63,000, investors are weighing up whether it could be the best crypto to buy now.
The post Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena appeared first on Cryptonews
Did XRP price just bottom against Bitcoin?
7.5.2024
XRP price fell over 14% year-to-date pressured by Ripple's ongoing legal battle with the SEC so a bounce is in order, analysis suggests
New South Korean leadership will press for BTC ETF trading
7.5.2024
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another
Grayscale’s Bitcoin ETF Sees Small Inflows Following $17.4B Loss
7.5.2024
After months of outflows, Grayscale's Bitcoin ETF is experiencing a positive shift, with inflows totaling $66.9 million over the past two days. This turnaround follows a period of major...
Bitcoin Layer-2 Builder Botanix Labs Raises $8.5M From Polychain Capital, Others
7.5.2024
The New York-based firm built Spiderchain to be compatible with Ethereum Virtual Machine (EVM) layers
Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows
7.5.2024
According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin ETFs accumulated $217 million in positive inflows...
Bitcoin Could Benefit From U.S. Fiscal Dominance and a Trump Win, Standard Chartered Says
7.5.2024
A Trump election win could be positive for crypto as his administration would likely push for a more supportive regulatory environment, the report said
Bitcoin exchange inflows drop to 10-year lows after $74K all-time highs
7.5.2024
Bitcoin exchanges are seeing the kind of daily inflows more associated with BTC prices under $1,000
Grayscale’s GBTC spot Bitcoin ETF rakes in $4M
7.5.2024
The GBTC spot exchange-traded fund belonging to Grayscale managed to rake in $4 million within the converted trust. This was the second inflow. This is after 78 days of the GBTC ETF net outflows when it came in for a further .$63 million. From the time GBTC converted into the spot bitcoin trust...