Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says
Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.
SBF Dined With Eric Adams at NYC Mayor’s Go-To Italian Restaurant
The erstwhile crypto titan and avowed vegan was also scheduled to meet Empire State Gov. Kathy Hochul at The Capital Grille steakhouse, according to FBI trial testimony.
Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
Bitcoin’s market share of all cryptocurrencies rises to highest since April 2021.
Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project
The email from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.
Bitcoin ETF Hopes Push Grayscale’s GBTC Discount to Narrowest Since 2021
The fund’s shares have traded at a discount to NAV since December 2021.
Why Power Is Passing to Courts to Make US Crypto Policy
Congressional inaction, the decline of the Chevron doctrine, and regulation by enforcement are decentralizing policy-making power over emerging technologies like blockchain and AI, says Michele Neitz.
Bitcoin’s Rising Dominance Rate Challenges Altcoin Boom From 2021
The ascent in bitcoin’s dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%.
FTX Plans to Return 90% of Customer Funds, But There’s a Catch
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
Bitcoin Liquidity on Binance Plummeted During the ETF Rumor-Induced Market Rollercoaster: Kaiko
Several traders experienced ‘slippage’ as liquidity declined across major exchanges.
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data