Nobody Wants to Sell BTC, Analyst Says as Bitcoin’s On-Chain Activity Limps
Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.
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Bitcoin, Ether in the Green as Global Easing Cycle Begins
Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
SEC’s Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the “public good” of securities disclosures on Friday to point specifically at the crypto industry as a problem area.
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.
BlackRock Seeing Only ‘A Little Bit’ Demand for Ethereum from Clients, Says Head of Digital Assets
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto.
Aptos Soars 16%, Leading CoinDesk 20 as Broader Market Declines: CoinDesk Indices Market Update
CoinDesk 20 leaders (CoinDesk Indices)
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea.
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with “new and emerging issues,” according to the regulator’s annual budget pitch. Much of that office’s recent, emerging workload has come from the agency’s pursuit of cryptocurrency businesses, such as Coinbase Inc., Kraken and Binance.