Bitcoin Whales Sold Over $1B BTC in Past Two Weeks: CryptoQuant
The selling coincides with net outflows from U.S.-listed bitcoin ETFs in the same period, data shows.
Elevated Ether Volatility Expectations May Be Unfounded
The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin.
National Australia Bank’s Venture Arm Invests in Crypto-Focused Zodia Custody
NAB Ventures made an undisclosed investment in Zodia Custody, which is also backed by Standard Chartered, Northern Trust and SBI Holdings.
“novatech Forex Crypto Trading” Creates Experts
This is not the first time Wasserman Schultz has violated a federal financial disclosure and transparency law. Wasserman Schultz first appeared to violate the STOCK Act in 2021 when she was seven months late disclosing up to $60,000 of her and her dependent child’s stock purchases in telecommunications provider Westell Technologies, Insider reported. Wasserman Schultz’s congressional office did not respond […]
Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein
Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.
SEC Ends Probe Into Consensys, Won’t Sue Over Ethereum
The U.S. regulator closed its investigation into “Ethereum 2.0,” Consensys said.
Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012
The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.
Martin Shkreli Says He Is Behind Trump-Linked DJT as ZachXBT, GCR Start Poking Around
The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance.
IMF Says CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund’s (IMF) has said.
Patrick McHenry Explains FIT21’s Passage
Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and will leave office when his term expires this coming January. He spoke virtually at Consensus 2024 in Austin at the end of May.