Category: CoinDesk
The fund’s new strategy to combine ether and bitcoin will be effective formally on Oct. 3. Source: https://www.coindesk.com/business/2023/09/28/valkyrie-gets-approval-to-start-buying-eth-futures-for-its-existing-bitcoin-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Sam Bankman-Fried’s trial is scheduled to start on Oct. 3, but the actual opening arguments are projected to begin a day later, a newly released court trial calendar shows. …
Cryptocurrency markets surged higher Thursday, with the price of bitcoin (BTC) breaking above the $27,000 level for the first time alongside easing macro pressures. Source: https://www.coindesk.com/markets/2023/09/28/bitcoin-tops-27k-as-rates-and-oil-retreat-ether-outperforms-on-etf-hopes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum? Source: https://www.coindesk.com/business/2023/09/28/banking-giants-abuzz-about-tokenization-of-real-world-assets-as-defi-craves-collateral/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Jordi Visser from Weiss Multi-Strategy Advisers discusses the impact AI could have on investing and what to watch out for. Source: https://www.coindesk.com/business/2023/09/28/crypto-for-advisors-ai-friend-or-foe-to-the-advisor/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Source: https://www.coindesk.com/consensus-magazine/2023/09/28/using-proof-of-stake-for-a-decentralized-credit-bureau/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The expected payout to FTX creditors has reached 37 cents on the dollar, the highest since the company’s bankruptcy filing in late 2022. One top distressed-debt investor describes FTX …
The WTI oil has surged by 30% this quarter. The rally could feed into inflation, forcing central banks to keep rates elevated for longer than expected. Source: https://www.coindesk.com/markets/2023/09/28/crypto-observers-warn-of-risk-aversion-as-oil-prices-top-93/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The original planned launch date of Holesky, on Sept. 15, was supposed to celebrate the one-year anniversary of Ethereum’s historic “Merge” transition. Source: https://www.coindesk.com/tech/2023/09/28/ethereum-developers-try-for-second-time-to-launch-new-holesky-test-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Investors could see outsized gains by buying a diversified portfolio of publicly listed mining companies, the report said. Source: https://www.coindesk.com/business/2023/09/28/listed-bitcoin-miners-could-be-the-ultimate-bet-for-2024-matrixport/?utm_medium=referral&utm_source=rss&utm_campaign=headlines