Bitcoin price surge brings BTC-related stocks to new multi-week highs
MicroStrategy the largest Bitcoin-holding public company saw its unrealized gains on its BTC investment reach near the $1B mark as the company’s stocks gained nearly 9% on the day.
Bitcoin price surge sees significant asset outflow on crypto exchanges
The outflow of assets from crypto exchanges is considered a bullish sign, as it indicates traders are moving their assets away from exchanges and no longer want to sell.
Bitcoin may have hit 17-month highs, but the ETF launch could end up being a “sell the news event” and engender fresh BTC price downside, one theory argues.
Sam Bankman-Fried seeks expert to counter testimony from DOJ witnesses
Former FTX CEO Sam Bankman-Fried intends to call on a financial expert to rebuff testimonies from Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia.
Rug pull feared as Safereum devs reportedly unlock and dump native token
According to blockchain security analysts, the developers of the Safereum project suddenly sold more than 700 ETH worth of its native token, sending the price of SAFEREUM plunging more than 90%.
BlackRock’s spot Bitcoin ETF now listed on Nasdaq trade clearing firm — Bloomberg analyst
Exchange-traded fund analyst Eric Balchunas said the addition was “all part of the process” of a crypto ETF being listed and traded and a positive sign for SEC approval.
IRS proposes unprecedented data-collection on crypto users
The IRS is looking to require crypto service providers to collect unprecedented swaths of data about their users — including names and Social Security numbers.
US Congress remains legislatively paralyzed on crypto bills without a House speaker
Pieces of legislation aimed at establishing clarity on certain crypto policies are unable to move forward with half of the legislative branch of the U.S. government lacking leadership.
Bitcoin ETF to trigger massive demand from institutions, EY says
Bitcoin is facing a lot of pent-up demand from institutions amid investors closely monitoring spot Bitcoin ETF news, Ernst & Young’s global blockchain leader Paul Brody says.
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