The cryptocurrency is entering its next phase on the back of billions of dollars of demand from spot bitcoin ETFs in the U.S., with more to come from options trading and availability through large wirehouses later this year. Plus ETFs in Hong Kong and elsewhere could open up access to even more investors.
The second way is through transaction fees. There is some hope here, with Ordinals-based projects and similar ideas like Runes finding adding value on top of normal everyday transactions. On the other hand, new products like the ETFs are facilitating a lot of bitcoin trading and investment without many onchain transactions.
At the time, he admitted to being part of a “team” behind the attack. He maintained then — as he continued later in court — that it was simply a clever trade. However, this argument was ultimately unconvincing and he was found guilty of commodities fraud, commodities manipulation and wire fraud. His sentencing is set for July 29.Stablecoin issuer Tether has expanded its USDT stablecoin to the TON blockchain, as The Block covered.
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