Blackrock’s (BLK) iShares Bitcoin Trust application to the U.S. Securities and Exchange Commission (SEC) this week might stand a better chance than previous attempts by other fund managers thanks to the promise of a “surveillance-sharing agreement” between exchanges.
Tether’s banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request.
The latest price moves in bitcoin (BTC) and crypto markets in context for June 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.