Crypto News

U.S. drops plan to prosecute convicted SBF for over $100M in unlawful campaign donations The Background In a filing on Dec. 29, U.S. prosecutors announced that they will not be pursuing a second trial for additional charges against former FTX founder Sam Bankman-Fried (SBF). SBF was convicted of seven charges of fraud on Nov. 3…

Charmingly Eccentric Blog Post The Battle of Spot Bitcoin ETF Issuers Bitwise vs. BlackRock The competition among the Spot Bitcoin ETF issuers is heating up as the period for potential approval of these funds draws nearer. Asset manager Bitwise is the issuer currently making waves as it could potentially outrank the world’s largest asset manager,…

Welcome to the Shiba Inu Burn Party! Shiba Inu’s Price Action and Community Activity Shiba Inu’s price action has been stuck in a consolidation phase this week, making many traders and holders eagerly await some movement. However, all hope is not lost as the Shiba Inu community has come to the rescue with a clever…

The Pioneer Cryptocurrency and Its Price Movement The pioneer cryptocurrency, Bitcoin, has struggled to hold above the $43,000 price mark over the past few weeks. The last seven days have not been much different for the cryptocurrency, which currently trades below $42,000. However, a popular crypto analyst on the X platform has come forward with…

Bitcoin ETFs on the Horizon What Happened BlackRock Inc. (NYSE:BLK), Fidelity (NYSE:FIS), and WisdomTree Inc. (NYSE:WT) have announced market maker Jane Street Capital and JPMorgan Securities (NYSE:JPM) as the “authorized participants” for their potential Bitcoin ETFs, which are currently awaiting regulatory clearance. As reported by Bloomberg on Friday, BlackRock has submitted an updated prospectus to…

Coinbase Custody Shake-up: What Does This Mean for Bitcoin ETFs? Change in Leadership Sparks Speculation According to Bloomberg, Coinbase Global has recently experienced a change in leadership within its custody division. The departure of Aaron Schnarch, former CEO of Coinbase Custody, has been confirmed by a spokesperson, who also revealed that Schnarch was replaced by…

US Congressman Tom Emmer Introduces SEC Stabilization Act The Crypto King Takes a Stand US Congressman Tom Emmer, known for his digital asset expertise and pro-cryptocurrency stance, has taken a bold step by introducing the Securities and Exchange Commission (SEC) Stabilization Act. Emmer, dubbed the “Crypto King” of Congress, is leading the charge to remove…

The Rise of Crypto Derivatives Market The Impact of Institutional Investors on Crypto Options and Futures A Surge in Trading Volumes The recovery of the overall crypto market this year has spurred a surge in the digital-asset derivatives market as institutional investors seek exposure to the crypto space. According to a recent Bloomberg report, the…