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The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity.
Overall market capitalization rose 5% in the past 24 hours.
This has repercussions for the crypto market, not necessarily good ones, one observer said.
Stablecoin issuer Tether will publish real time data on the reserves backing USDT, the industry’s largest dollar-pegged stablecoin, according to a Bloomberg report.
It’s fall break! Thursday ended early after just two witnesses – former FTX General Counsel Can Sun and Third Point’s Robert Boroujerdi – testified briefly. We won’t be back in the courthouse at 500 Pearl Street until next Thursday, Oct. 26, when we’ll resume our normal analyses. Instead, today, CoinDesk’s SBF trial team is proud to present: Our favorite quotes.
Approval is likely before Jan. 10, which is the final deadline for the Ark 21Shares applications, the report said.
Many market participants expect the SEC to greenlight the first U.S.-based spot bitcoin exchange-traded fund early next year.
The U.S. Securities and Exchange Commission (SEC) has been awarded a default judgement against Thor Technologies and its founder David Chin.