What Happens to Bitcoin Price if Spot ETF Isn’t Approved?
Bitcoin’s recent strong performance at least in part is due to optimism regarding the imminent launch of multiple spot ETF products.
BitGo and Copper Combine Crypto Custody Settlement Networks
The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp.
Singapore Police Issue Warning Over WhatsApp Phishing Scam
Singapore’s police force have issued a warning in relation to a new variant of a phishing scam that involves hackers taking over a victim’s WhatsApp account and contacts.
U.S. October Jobs Up 150K, Missing Forecasts for 180K; Bitcoin Remains Lower at $34.3K
Interest rates have fallen sharply this week across the U.S. yield curve, in part as traders place bets the Fed is finished tightening monetary policy.
First Mover Americas: Sam Bankman-Fried Guilty on All 7 Counts
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Recedes to $34.2K Ahead of U.S. Nonfarm Payrolls Data
The jobless rate is forecast to hold steady at 3.8%, while the year-on-year growth in average hourly earnings likely slowed to 4% from 4.2%.
Bitcoin Is Up 70% a Year After FTX Debacle, but ‘Alameda Gap’ in Liquidity Persists
The ‘Alameda gap’ refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.
‘Unanimous Verdict, Your Honor’: Sam Bankman-Fried’s Conviction Was Inevitable
Twelve jurors spent less than five hours deciding the facts. They asked for portions of transcripts from Paradigm’s Matt Huang and Third Point’s Robert Boroujerdi testimony, as well as highlighters and Post-it Notes, and when they didn’t immediately receive the version of the indictment, they requested that too. And yet, they quickly decided that Bankman-Fried was guilty on all seven counts.
Solana’s Rally Marshalled by Buyers From Coinbase, Data Shows
SOL has gained over 50% in two weeks with buyers from Coinbase playing a major role in powering the cryptocurrency higher.
SEC Asks Court for Summary Judgement Against Do Kwon, Terraform
The request follows a move by Kwon’s defense team to do the same.