Bitcoin hits $70K amid huge ETF inflow streak
Bitcoin has topped $70,000, its highest price since June after US-based ETFs surpassed total net inflows of over $22 billion.
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Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group
SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.” 1600 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTMerely hours before news of his arrest by Bahamian police, Sam Bankman-Fried took to Twitter denying his…
Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO
BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.
Bitcoin to move 10% ‘either direction’ depending on US election: Trader
Crypto investors should prepare for even more volatility around the US election, with traders and analysts predicting “at least” a 10% move for Bitcoin.
U.S. Government Extends Daily Trillion Dollar Repo, Again Dwarfing Crypto Market Cap
The U.S. government has extended its daily trillion-dollar repo mission until the end of March, making the entire crypto market cap seem even smaller by comparison.“The Federal Reserve Bank of New York announced it will further extend its daily repurchase agreement operations (also known as ‘repo’) to $1 trillion for the rest of March,” CNBC…
US SEC Delays Decision on Direxion Bitcoin ETF Until September
Investment firm Direxion has had the review of its Bitcoin exchange-traded fund (ETF) application postponed until September 21. The news about the delay comes from an official document released by the U.S. Government Publishing Office July 24. An announcement from the U.S. Securities and Exchange Commission (SEC) said it was “appropriate” to delay its decision,…
Crypto exchange Kraken says it is ‘too big’ to go public through a SPAC
A spokesperson recently said "$10 billion would be a low valuation" for Kraken. 1735 Total views 8 Total shares San Francisco-based crypto exchange Kraken has not yet confirmed that it will follow in Coinbase's footsteps by pursuing a public listing, though the company did rule out the possibility of doing so via a special-purpose acquisition…
Kraken OTC Head: Bitcoin Is Not a Safe Haven Yet
Head of over-the-counter (OTC) sales at cryptocurrency exchange Kraken Nelson Minier has compared today’s cryptocurrency trading industry to how Wall Street used to be — adding that it is still too soon to call Bitcoin (BTC) a safe haven for investors.During the Nasdaq TradeTalks interview published on Aug. 22, Minier said:“Wall Street ain't what it…
Shanghai Man: Inside Blockchain Week’s private parties, Vitalik’s speech, and Gate.io climbs the ranks
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side of…