Category: CoinDesk
Sam Bankman-Fried’s defense team asked Judge Lewis Kaplan to let them introduce proof of inconsistent statements from former FTX executives Gary Wang and Nishad Singh, tied to their statements …
As BTC has gained over 100% this year, most observers tied its recent strength to a looming approval of a spot BTC ETF. But its increasingly constrained supply, underinvested …
These funds seemed to be sent to wallets of crypto exchange Binance as per Nansen data, where they presumably could be sold. Source: https://www.coindesk.com/markets/2023/10/25/millions-in-ether-chainlink-linked-to-ftx-and-alameda-moved/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Withdrawals on cryptocurrency exchange Binance are temporarily unavailable due to a “technical issue,” according to a post on the exchange’s X account. Source: https://www.coindesk.com/business/2023/10/25/binance-crypto-withdrawals-temporarily-unavailable-due-to-technical-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Options also include a sale of the exchange, which boasted 9 million users before going bankrupt. Source: https://www.coindesk.com/business/2023/10/25/sam-bankman-frieds-defunct-exchange-ftx-receives-multiple-bids-for-restart/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The funding fee arbitrage involves selling perpetual futures while simultaneously buying the cryptocurrency in the spot market. The strategy currently offers an annualized yield of over 10%. Source: https://www.coindesk.com/markets/2023/10/25/bitcoins-surging-perpetual-funding-rates-make-arbitrage-trades-attractive/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
While most cryptocurrency owners are based in Asia, the buying power of U.S. traders is much bigger, the report said. Source: https://www.coindesk.com/markets/2023/10/25/bitcoins-rise-fuelled-by-us-investors-buying-ahead-of-potential-spot-etf-approval-matrixport/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
An ETF could be a better investment vehicle for investors compared to currently offered products, such as trusts and futures, which hold over $21 billion in value, the fund …
Coinbase argues in a new filing that the Securities and Exchange Commission is attempting to control all investment activity and define its own regulatory ambit. Source: https://www.coindesk.com/policy/2023/10/25/coinbase-says-sec-is-attempting-to-redefine-definition-of-an-investment-contract/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Impulsive trading in crypto markets is nothing new and the movement in the price of bitcoin (BTC) over the past two days over the addition – and then removal …