Crypto Market Structure Draft Gains Democratic Support
The Senate Agriculture Committee’s draft on crypto market structure is facing amendments ahead of its hearing next week, indicating potential shifts in regulatory approaches. #Update #Crypto
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Bitcoin Declines as Power Surges in Value
Kevin O’Leary shifts his crypto focus from tokens to energy infrastructure, stating that power generation is now more valuable than Bitcoin. #Update #Crypto $BTC
Bitcoin to Break Four-Year Cycle This Year
Binance’s @cz_binance predicts that $BTC may break its four-year cycle this year, driven by increased global acceptance of cryptocurrency. #Update #Crypto $BTC
Bitcoin Dips to $88500 as Silver Surges Past $100
Bitcoin experiences a decline to $88,500 as spot bitcoin ETFs face over $1.6 billion in outflows within four days, indicating a shift in investor sentiment. #Update #Crypto $BTC
Ledger Targets $4 Billion IPO Surge
@Ledger is reportedly seeking a $4 billion IPO in New York, collaborating with Goldman Sachs, Jefferies, and Barclays, which could triple its 2023 valuation. #Update #Crypto
Bitcoin ETF Outflows Hit November High
This week’s bitcoin ETF redemptions hit their highest level since November, potentially indicating a local price bottom for $BTC. #Update #Crypto $BTC
Bitcoin Returns Fall Short of Risks Again
Bitcoin’s returns are underperforming against risks, reflecting a trend similar to 2022 during volatile periods. #Update #Crypto $BTC
Bitcoin Losses Spark South Korea Investigation
South Korea is investigating the loss of seized bitcoin, reportedly due to a phishing attack during official storage, as revealed by an internal audit. #Breaking #Crypto $BTC
FTX Executive Caroline Ellison Released After 14 Months
Caroline Ellison, former Alameda Research chief and key witness against Sam Bankman-Fried, has been released from federal custody after 14 months but faces ongoing bans and supervision related to the FTX collapse. #Update #Legal
Crypto Bill Withdrawal Sparks Major Controversy
@Coinbase VP Kara Calvert stated that “fatal flaws” in the Senate crypto bill led to a sudden withdrawal of support just hours before a scheduled markup. #Update #Crypto
SEC CFTC Unite for Crypto Regulation Push
The SEC and CFTC will jointly promote their unified crypto agenda, following the appointment of permanent CFTC chief Mike Selig. #Update #Crypto
Ethereum Faces Surge in Address Poisoning Scams
Citi analysts report a surge in Ethereum network activity, attributing it to scam-related behaviors like ‘address poisoning,’ raising concerns over genuine user growth. #Update #Crypto $ETH
BitGo Launches Onchain After NYSE Debut
@Ondo will offer a tokenized version of BitGo stock on Ethereum, Solana, and BNB Chain shortly after its debut on the New York Stock Exchange. #Update #Crypto $BNB $SOL
Bitcoin Cash Gains 1.1% as Market Declines
Bitcoin ($BTC) and Stellar ($XLM) both fell 0.1% from Wednesday, while Bitcoin Cash ($BCH) gained 1.1%. Overall, nearly all assets experienced declines. #Update #Crypto $BTC $XLM $BCH