Bitcoin Hits One-Year High, Soars Past $31.3K
The largest cryptocurrency by market capitalization has been surging this week after three financial services giants filed applications for spot bitcoin ETFs.
Sam Bankman-Fried Can’t Subpoena Law Firm Fenwick & West for Documents, U.S. Judge Rules
The founder of collapsed crypto enterprise FTX had argued legal advice from the Silicon Valley law firm was “at the core” of the government’s criminal allegations against him.
SEC Sought Freeze Order Despite ‘No Evidence’ That Binance Was Moving U.S. Customer Funds
The SEC’s “pre-crime” litigation strategy seemed to annoy Judge Amy Jackson.
Leveraged Bitcoin Futures ETF to Start Trading Tuesday, Sponsor Says
Volatility Shares’ 2x Bitcoin Strategy ETF (BITX) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective on Friday, an executive at the company told CoinDesk.
APLD Signs Artificial Intelligence Hosting Deal Worth Up to $460M
Shares of miner Applied Digital surged on Nasdaq as the firm announced a second AI cloud hosting deal.
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
Crypto exchange Coinbase won a reprieve from the U.S. Supreme Court on Friday, after the high court ruled that a lawsuit filed by one of the exchange’s users couldn’t proceed until Coinbase defends an appeal of a lower court ruling.
Three Quarters of Jurisdictions Not Complying With Global Crypto Laundering Norms, FATF Says
The global anti-money laundering watchdog FATF said North Korea is using digital assets to fund weapons of mass destruction
Will BlackRock’s Bitcoin ETF Take the Spirit Out of the Honey Badger?
Financial advisors will want a simple story to tell.
Circle Was Top Depositor Aided by SVB Government Rescue: Bloomberg
The FDIC guarantee included over $3.3 billion the USDC stablecoin issuer held at the lender.
Bitcoin Cash Prices Spikes to 4-Month High; Open Interest Rises to 77%
Bitcoin Cash (BCH) has surged by 36.5% in the past three-days after EDX, the exchange backed by Fidelity, Schwab and Citadel, listed it alongside bitcoin (BTC), ether (ETH) and litecoin (LTC).