Bitwise’s amended Ethereum ETF filing says Pantera interested in $100M buy
Asset management firm Bitwise has disclosed Pantera is interested in buying its upcoming spot Ether ETF, but it could spend more, less — or nothing at all.
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Sam Bankman-Fried goes on trial: A week in review
Luxury real estate, political donations, investments, and magazine covers. A year ago, that was the life of Sam Bankman-Fried, Assistant U.S. Attorney Thane Rehn remarked during the opening statements of the world's most famous crypto trial."All of it was built on lies," Rehn continued, claiming that the co-founder of Alameda Research and FTX "lied to
South Korean city to seize crypto from thousands of tax evaders: Report
City authorities of Cheongju are looking to seize cryptocurrency from anyone who owes at least $750 in crypto taxes to the government. The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents.The administration of Cheongju has requested seven South Korean crypto…
Bitcoin dips below $50K: Crypto market crashes 17%
BTC dominance hits 58% as the cryptocurrency market suffers a 17% drop, leading to a market cap of $1.76 trillion.
Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization.
New Australian crypto legislation likely in 2022, Senator Bragg tells NFT Fest
Talking about a digital asset plan being cooked up by a Senate inquiry, Senator Andrew Bragg said, “We will want the major parties, including my party, to adopt these policies as part of their election manifestos.” 1038 Total views 15 Total shares Liberal Senator Andrew Bragg has told a local industry event that Australia’s digital…
Negative funding rates incentivize traders to long Polygon (MATIC) and AAVE
Data shows that AAVE and Polygon (MATIC) traders are currently being paid up to 4.3% per week to long future contracts.In the crypto markets, traders are usually bullish, or at least the majority of retail investors are. This causes an interesting phenomenon as it incentives arbitrage desks and whales to sell futures contracts while simultaneously buying…
Bitcoin Trading Generated $875M in Quarterly Revenue for Square
Bitcoin trading drove $875 million in quarterly revenue for the U.S-based financial services firm Square, comprising a 75% gain over Q1 2020. Jack Dorsey’s financial services company Square, Inc. has published its second-quarter financials for 2020, revealing $875 million in revenue from Bitcoin (BTC) trading on its Cash App product.With Cash App’s Bitcoin business incurring…
Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins
Musk is about to host Saturday Night Live, something he says he will do as “The Dogefather” as DOGE/USD shoots up more than 20%. 3603 Total views 25 Total shares Dogecoin (DOGE), the meme-based cryptocurrency that is a pet favorite of Elon Musk, has a new date for its price diary — Musk’s appearance on…