Crypto’s Lehman moment: Investors buy $250M of FTX claims — Report
It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved. Go to Source
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eToro secures crypto registration in Cyprus to expand in EU
According to eToro deputy CEO Hedva Ber, Europe is “hugely important” for the firm as the majority of eToro users are based in the region. Go to Source
Crypto makes up 70% of South Korean overseas assets: National Tax Service
1,432 individuals and corporations in South Korea have reported holding $98 million in crypto overseas, which is 70% of all reported assets. Go to Source
Bitcoin Adoption Fund launched by Japan’s $500B Nomura bank
The Bitcoin Adoption fund will have long-only exposure to Bitcoin and be available to institutional investors. Go to Source
BitGo, Swan unveil plans for Bitcoin-only trust company
The trust company targets institutional investors in the United States as asset managers line up for a spot Bitcoin ETF. Go to Source
Ethereum’s active addresses second-highest in history: analysts
Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Go to Source
Goldman Sachs dismisses AI bubble, predicts upcoming revolution
According to Goldman Sachs, the current period is the early phases of a new technology cycle, which is poised to deliver additional strong performance. Go to Source
Franklin Templeton files for Bitcoin spot ETF
Several prominent financial institutions have filed for a spot Bitcoin product in recent months. Go to Source
Are NFT markets in a death spiral or ready for a resurgence?
NFTs have taken a massive hit since the 2021 bull market, but some experts say they could make a comeback. Go to Source
Following SEC delays, Ark Invest and 21Shares file for spot Ether ETF
The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC, and recently proposed listings of two Ether futures ETFs. Go to Source