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SEC will ‘apply precedent’ when making decision on spot ether ETFs: Peirce
SEC will ‘apply precedent’ when making decision on spot ether ETFs: Peirce

SEC Commissioner Hester Peirce noted that the agency doesn’t plan to face another court case to approve such products

Blockworks·2024/01/24 00:34
Polymer Labs secures $23M to bring IBC to Ethereum
Polymer Labs secures $23M to bring IBC to Ethereum

Polymer Labs is hoping to bring the Cosmos to Ethereum with its latest interoperability protocol

Blockworks·2024/01/24 00:28
DeFi is Bitcoin’s missing ingredient
DeFi is Bitcoin’s missing ingredient

Crypto needs to attract more users, but a sizeable target already lurks in plain sight

Blockworks·2024/01/24 00:13
SEC Reveals Multi-Factor Authentication Disabled Before False ETF Approval Post
SEC Reveals Multi-Factor Authentication Disabled Before False ETF Approval Post

Unauthorized party gained access of the SEC cell phone number associated with the X account via a “SIM Swap” attack.

Cryptopotato·2024/01/23 21:43
Franklin Templeton expects its spot bitcoin ETF to gain traction as financial advisors become more familiar with product
Franklin Templeton expects its spot bitcoin ETF to gain traction as financial advisors become more familiar with product

Franklin Templeton’s spot bitcoin ETF accounted for $101 million of the more than $14 billion in total trading volume as of Monday.The firm’s head of digital assets believes “it’s just a matter of time” before financial advisors, which work with Franklin Templeton, will become more comfortable recommending spot bitcoin ETFs to their clients.

The Block·2024/01/23 21:19
Why most Grayscale investors may remain in profit if GBTC falls further 20% to $27
Why most Grayscale investors may remain in profit if GBTC falls further 20% to $27

Data suggests 70% of Grayscale holders remain profitable at current levels with an average cost of $27.82.

Crypto Slate·2024/01/23 20:02
Ethereum Investors Eye Renewed Surge Amid Cooling-Off Phase: Data
Ethereum Investors Eye Renewed Surge Amid Cooling-Off Phase: Data

The decrease in Ethereum’s funding rates suggests a potential resurgence in its upward movement.

Cryptopotato·2024/01/23 18:13
Flash
01:50
Whale Continues to Increase Bitcoin Holdings, Withdraws Over 3000 BTC in the Past 5 Days from CEX and Custodian
BlockBeats News, June 11th, according to on-chain analysis firm LookIntoBitcoin, multiple large entities have been accumulating Bitcoin recently, with funds flowing out from exchanges and custody services. In a recent development, the whale address bc1q2q has moved 2,341 BTC out of an exchange in the past 5 days, amounting to approximately $144.68 million. Additionally, three newly created wallet addresses have collectively withdrawn 737.7 BTC from BitGo, totaling around $45.6 million.
01:42
Whale Profits from Shorting ETH, Cashes Out 4,386 ETH for $233,000
On June 11, on-chain analyst @ai_9684xtpa reported that a whale shorting $ETH has once again taken profits by cashing out 4,386 ETH, realizing a profit of $233,000. The whale currently has 99.75 million USDT collateralized to borrow 23,618.97 ETH for shorting, with an average price of $1,672. Since yesterday, they have cumulatively taken profits on 11,386 ETH, achieving a total profit of $423,000.
01:38
Spot Gold Sees Intraday Gain Expand to 1.00%, Now Trading at $4,113.41 per Ounce
BlockBeats News, June 11th, according to Bitget market data, the intraday gain of spot gold has expanded to 1.00%, now trading at $4,113.41 per ounce, rebounding about $85 from the daily low.
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