The former FTX CEO’s mother, father, and brother all wrote letters to Judge Lewis Kaplan suggesting that SBF’s lack of social awareness could lead to problems in prison. Lawyers for Sam “SBF” Bankman-Fried included 29 letters of support of clemency for the former FTX CEO as a federal judge prepares to decide his sentence, including…
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Grayscale’s ETF bleeding has slowed again, while other funds have seen another strong day of inflows, lifting them to a fortnightly high. Grayscale’s spot Bitcoin exchange-traded fund (ETF) has seen its third consecutive trading day of slowing net outflows, hitting a record low of $22.4 million as ETFs combined hit a two-week net inflow high.…
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The blockchain financial service firm argued in January that a spot Bitcoin ETF would not be approved by the U.S. Securities and Exchange Commission. Daniel Yan, co-founder of Singaporean crypto services firm Matrixport, believes a market correction is imminent following Bitcoin reaching its highest price since 2021. “The sentiment of the market has come to…
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During a tech conference in Qatar, the South African comedian was asked to talk about the biggest mistake he’s ever made in his life. South African comedian and entertainer Trevor Noah says his life’s biggest mistake was not buying Bitcoin when it was “worth nothing.” The actor, comedian, and former host of The Daily Show…
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Key Points: Grayscale transfers significant transfer, sending 776.667 BTC to Coinbase Prime. Strategic maneuver reflects dynamic engagement in crypto market. Transaction valued at approximately $39.9964 million, amplifying institutional impact. Grayscale transfers a substantial transfer, sending a total of 776.667 Bitcoins to the Coinbase Prime address. The transaction occurred at precisely 22:15 on February 23 marking a strategic maneuver…
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Key Points: Yuga Labs and Magic Eden team up for a fairer NFT marketplace, prioritizing creator royalties. Yuga Labs takes a stand, refusing to work with marketplaces not supporting all creator royalties. Magic Eden Ethereum marketplace offers innovative features, as Yuga Labs focuses on protecting creators. Yuga Labs, a prominent player in the NFT space,…
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Key Points The Federal Reserve’s recent meeting showed cautious optimism about the economy, indicating no rush to lower interest rates. Ethereum staking has emerged as a significant trend in the crypto market, with the ETH stake rate doubling since the beginning of 2023. StarkWare has changed the vesting schedule for $STRK tokens, aiming to reduce…
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Bitcoin price begins a slow recovery, boosting the bullish momentum in ETH, UNI, FIL and GRT. After running hard for two weeks, Bitcoin is taking a breather near the $52,000 level. The bears are trying to start a correction, but the bulls are in no mood to relent. Strong equity markets, upcoming halving, and solid inflows…
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Hackers took over the official MicroStrategy X account, posting a series of malicious links to a fake airdrop for a so-called Ethereum-based $MSTR token. Business intelligence firm MicroStrategy’s X account has been hacked, posting malicious links to a fake airdrop of a so-called “official” Ethereum-based MSTR token. A user clicking on the link is directed…
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Key Points: Democratic Party supports South Korean spot Bitcoin ETFs, while the ruling party raises concerns. Debate continues post-election as financial authorities deliberate on the issue. Regulatory hurdles persist, with warnings against brokering overseas-listed Bitcoin ETFs. According to Yonhap News, The opposition Democratic Party of South Korea has unveiled plans to greenlight the domestic issuance,…
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