Bitcoin Slumps Below $28K as Yields Spike; Ether Futures ETFs Fizzle on Lukewarm Investor Interest
Bitcoin slumped below $28,000, and ether dipped below $1670.
Binary trading platforms with better performance and payouts
Bitcoin slumped below $28,000, and ether dipped below $1670.
Among the more popular of the new ETFs today, VanEck’s Ethereum Strategy ETF (EFUT) traded just shy of 25,000 shares at a price roughly averaging $17 per share.
Attorneys for FTX founder Sam Bankman-Fried asked the judge overseeing the case to clarify his orders around certain proposed arguments, including arguments about FTX’s regulated jurisdictions, bankruptcy recoveries and his charitable work.
We should support an amendment from House Majority Whip Tom Emmer to limit the SEC’s authority over the industry, say Tim Ryan and David McIntosh, co-chairs of the Blockchain Innovation Project.
The author’ latest book, “Going Infinite,” is an eyewitness account of the fall of FTX’s founder, who Lewis said is “misunderstood.”
Silvergate Bank transformed from a community lender to a high-flying crypto bank without its Federal Reserve examiners raising an alarm, according to a report from the Federal Reserve’s Office of Inspector General (OIG), allowing the bank to take risks that would turn fatal.
Several of Bankman-Fried’s former colleagues and friends will testify against the one-time crypto mogul following plea deals they struck with the U.S. Department of Justice, including his former romantic partner Caroline Ellison and childhood friend Gary Wang, who were both deeply involved in the daily workings of both FTX and its quant-driven trading shop, Alameda Research. Another two individuals, who prosecutors have yet to publicly name, may testify if granted immunity, suggesting they may also be tied to the exchange. The DOJ also announced over the weekend that prosecutors intend to call former FTX customers from around the world and investors as witnesses during the trial.