Leveraged MicroStrategy ETFs break $400M as ‘hot sauce arms race’ heat up
The ETFs add leverage to MicroStrategy’s already levered-up Bitcoin strategy, and investors can’t seem to get enough.
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Deribit to Pay Users $1.3M After Bitcoin Price ‘Flash Crash’ to $7.7K
Cryptocurrency futures and options exchange Deribit says it will use its own money to refund users affected by an exchange rate miscalculation.In a tweet on Nov. 1, Deribit recognized its role in the error, which occurred on Thursday and resulted in Bitcoin (BTC) trading at around $7,700.Deribit: crash caused by “outlier” valueThis, in turn, caused…

Texas District Court reverses Tornado Cash sanctions
Despite the ruling, Tornado Cash developer Alexey Pertsev remains in custody on money laundering-related charges.

Bipartisan support for crypto is ‘fragile’ — Congressman John Curtis
71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines earlier this year.

US Senator Loeffler Reports 2019 Income of $3.5M From Role as CEO of Bakkt
US Senator and former Bakkt CEO finally filed her financial disclosures after a four-month extension and an insider trading scandal, revealing that she is very rich indeed. 1383 Total views 40 Total shares Per her financial disclosures, filed the evening of May 1 after an extension in January, Loeffler’s assets are significant, as was her…

Platform Allows Users to Send and Receive Cryptocurrency With Gadget of Their Choice
The team behind a private digital currency for secure payments says its goal is to make every consumer their own bank — enabling them to send and receive crypto with the gadget of their choice.Xeonbit says its peer-to-peer technology ensures that every user’s accounts and transactions are “out of reach to any prying eyes.” A…

$1.12B in Bitcoin options expire this week, and bulls appear to be at a disadvantage
Bitcoin's (BTC) 43% rally between March 10 and March 20 surprised options traders and this is proven by the minimal14% of the $1.12 billion open interest set to expire on April 7 being placed at $28,000 and higher. The positive price movement can be partially attributed to an increase in commodity demand, as investors perceive risks…

How do scammers use fake transaction simulation sites to steal crypto?
Fake transaction simulation sites create false crypto deposits to deceive victims. Discover their tactics and key signs to avoid falling for these scams.

SVB collapse chilled NFT trading volumes: Nifty Newsletter, March 15–21
SVB collapse chilled NFT trading volumes: DappRadarThe recent collapse of the Silicon Valley Bank (SVB) resulted in dwindling numbers for NFT trading volumes, with traders holding on to their assets amid the banking crisis in the United States.Before the crisis, NFT trading volumes were around $68 million to $74 million. After SVB collapsed on March…