How Crypto Reacted to This Week’s SEC Bitcoin ETF Delay
While the market didn’t like the SEC’s bitcoin ETF delay decision, observers on social media weren’t surprised at all.
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The Collapse of FTX, in Sam’s Own Words
We may not know for weeks whether Sam Bankman-Fried will take the stand at his own trial. He may want the chance to explain himself to the jury, but his lawyers are surely wary of the withering cross-examination such a tactic would invite. No matter: the unconventional former crypto executive has already said – publicly
Ether’s Bull Run from December Lows Appears to Have Ended
markets Ethereum’s cryptocurrency, ether, is losing altitude, with signs suggesting the asset has ended a bull market from December lows with a drop below $200 last week. The second-largest cryptocurrency by market capitalization is currently trading at $183 on Bitfinex, representing a 7.3 percent drop on a 24-hour basis. Prices fell 10.18 percent last week…
Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters
U.S.-listed spot bitcoin exchange-traded funds (ETFs) recorded the second consecutive day of outflows driven by Grayscale's GBTC.The outflows are likely due to traders derisking ahead of U.S. CPI and the Fed rate decision.U.S.-listed spot bitcoin exchange-traded funds (ETFs) saw a second-straight day of outflows as traders likely derisked ahead of key macroeconomic reports scheduled for
Robinhood Would Likely Win Crypto Court Case With the SEC: KBW
The SEC issuing Robinhood a Wells Notice is surprising, KBW said.The broker expects no change to the platform’s current U.S. crypto operations or asset listings.Robinhood has a higher likelihood of winning a case with the SEC than most of its U.S. competitors, the report said.Robinhood (HOOD) being issued a Wells Notice by the Securities and
China’s Internet Censor Releases Draft Rules to Regulate Blockchain Startups
China's top-level internet censorship agency has released a draft policy framework that is setting out to regulate blockchain-related service providers in the country. The Cyberspace Administration of China (CAC), the central government's internet censor, published a draft policy on Friday called "The Regulation for Managing Blockchain Information Services" and is looking for public feedback before it…
Where Will Bitcoin Mining Be After the Halving?
It is no secret that bitcoin mining has come under fire for its potential impact on the environment due to its energy consumption. Nobody in the industry is shying away from the fact that bitcoin did not start out as the best environmental, social and governance (ESG) investment.However, the mining industry has since become one…
Winklevoss Twins Considering Taking Gemini Public: Report
"We are certainly open to it,” Cameron Winklevoss said in the interview.Jan 14, 2021 at 1:19 p.m. UTCWinklevoss Twins Considering Taking Gemini Public: ReportGemini Trust, the cryptocurrency exchange and custodian founded by the twins Tyler and Cameron Winklevoss could go public, according to a Bloomberg report.The Winklevoss twins said in an interview they are considering…
The Next Big Web3 Trend Wasn’t on Stage at Consensus
Last week at Consensus, Yat Siu nearly missed his talk on the Main Stage because he was swamped by a throng of adoring fans, desperate to steal a minute with the metaverse mogul. Siu’s fellow panelist, Maya Zehavi, and I, his moderator, were getting mic’d up backstage, watching as the production crew got more nervous…