Bitcoin, Majors Dip on Leverage Flush; CAT Token Runs Up 60% on Futures Listing
The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, lost 2.1%.
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The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, lost 2.1%.
Grayscale Investments has filed to turn its multi-token fund, the Grayscale Digital Large Cap Fund, into an exchange-traded fund.
An intermediary for the biggest U.S. crypto exchange, Coinbase Inc. (COIN), is cranking up its legal fight over the Securities and Exchange Commission’s unwillingness to produce documents revealing the regulator’s internal thinking on whether to pursue Ethereum’s ether {{ETH}} and other tokens as illegal securities.
A compelling expose could have impacted bitcoin and the broader market’s prices, but the crypto community is largely brushing off HBO’s hyped documentary.
Some Ethereum (ETH) high-conviction investors have been signaling pessimism about the project’s future by offloading relevant long-term positions. Overall, two … Continue reading
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Bitcoin and ether outflows from ETFs contribute to this week’s weak crypto price action.
PLUS: AI tokens not moving despite a $6.6 billion fundraise from OpenAI.
Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets.
Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.