Bitcoin funds are bleeding coins even as U.S. bank failures fuel expectations of an early Federal Reserve pivot
in favor of liquidity easing. Usually, if the Fed doesn't raise rates aggressively like it has been doing, risky assets like bitcoin benefit, but the opposite is occurring with the bitcoin funds.tracked by ByteTree Asset Management shows the number of coins held by close-ended funds, spot and futures-focused exchange-traded funds in Europe, the U.S. and Canada has declined by 16,560 BTC this month, reaching a 17-month low of 826,113 BTC.
Bankrupt cryptocurrency exchange FTX transferred $2.2 billion to founder Sam Bankman-Fried through various entities. A total of $3.2 billion was paid to Bankman-Fried and other key employees, according to a financial report filed Wednesday. The next largest beneficiary after Bankman-Fried was Nishad Singh, FTX’s former director of engineering, who received about $587 million. In February, Singh pleaded guilty to charges including fraud and conspiracy for his role in FTX’s collapse.
U.S. Securities and Exchange Commission Chairman Gary Gensler is doubling down on his opinion that proof-of-stake tokens could meet the definition of securities under the Howey Test, thus bringing them under his agency’s regulatory authority. Speaking to reporters after a commission
SECGov GaryGensler LedesmaLyllah SYT tokens serve as a means of payment for transactions within the Syntrum network, they are used to incentivize network nodes to validate blocks on the Syntrum blockchain network 0xSyntrum 0xSyntrum nft web3 Cryptocurrency gamefi DeFI blockchain dApps
SECGov GaryGensler LedesmaLyllah Seems XRP is going to be the one huh
SECGov GaryGensler LedesmaLyllah or maybe people is realising that those funds are a rug instead of holding btc directly?
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First Mover Americas: Bitcoin Hits 9-Month High$BTC rose 18% over the past 24 hours, building on Monday's gain and reaching a nine-month high at above $26,000. LedesmaLyllah reports.'' LedesmaLyllah I know 😏 LedesmaLyllah This is cool and all, but its time for the world to know about the first blockchain built specifically for memecoins ProofOfMemes LedesmaLyllah Users of SecondLive are able to create content devoid of codes in accordance with gameplays, modules. Some gamification setups can be deployed online instantly and automatically. SecondLiveReal secondlive metaverse web3 gamefi stake bean earn live
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First Mover Americas: Bitcoin Falls Back to Below $25K$BTC has retreated to below $25,000 after reaching a nine-month high on Tuesday at about $26,500. Altcoins $STX and $IMX gained more than 30% on the day. LedesmaLyllah reports. Hey $BTC, don't be afraid to dream big! Maybe next time you'll make it to $50k! crypto altcoins
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First Mover Asia: Bitcoin Dips Below $25K as Market Debates LiquidityGood morning Asia, here's what's making news today: 1. Bitcoin dips below $25K as the market debates liquidity. 2. Shaurya Malwa writes that higher than usual market volatility is rocking both bulls and bears. thesamreynolds and shauryamalwa report. thesamreynolds shauryamalwa Hello guys, do you think BTC can hit 35k in 2023? I'm looking forward to Bitcoin and UQC thesamreynolds shauryamalwa Keamanan Siber di Dunia Crypto indodax cybersecurite beritaterkini
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First Mover Asia: Bitcoin Holds Near $25K as Investors Remain Upbeat About Inflation Data, Fed Rate HikesGood morning Asia! Here's what's happening: 1. Crypto investors remain upbeat as bitcoin holds near $25K. 2. The digital asset industry must mature to develop productive banking relationships, suggest 2 top executives. thesamreynolds, JPRubin23 write thesamreynolds JPRubin23 Time for Asia to pump BTC!! We will do it again tomorrow…. Let’s work together. thesamreynolds JPRubin23 🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣 thesamreynolds JPRubin23 The digital asset industry is only 14 years old and is more mature and healthy than the old rotted banking industry
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