Crypto exchange-traded products saw $326 million in inflows during the week ending Oct. 27, according to a report from CoinShares. Crypto exchange-traded products (ETPs) saw their largest weekly inflows in more than a year, according to an Oct. 30 report from asset management platform CoinShares. Inflows were $326 million for the week ending Oct. 27,...Continue Reading

Open interest on Bitcoin options recently hit a year-to-date high, but what is fueling this newfound bullish sentiment? The recent gains are a rare sight in 2023, even considering Bitcoin’s impressive 108% year-to-date performance. Notably, the last instance of such price action occurred on March 14 when Bitcoin surged from $20,750 to $26,000 in just...Continue Reading

Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and that he had nothing to do with it. The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and seven others got underway in Seoul Southern District Court in South...Continue Reading

Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court. Last week, the criminal trial of FTX founder and CEO Sam “SBF” Bankman-Fried continued in New York, with the man himself giving testimony as part of his defense. According to the SBF, he didn’t know any...Continue Reading

Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins. Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P 500 Index in the short term and...Continue Reading

The Wall Street Journal corrected its misreporting about crypto funding Hamas, but it was too late to stop lawmakers from amplifying false claims. Following October’s tragic events in Israel, a narrative linking Hamas funding to cryptocurrencies emerged from The Wall Street Journal in an Oct. 10 story authored by the paper’s Angus Berwick and Ian...Continue Reading

The disgraced crypto executive frequently praised the need for crypto regulation in public. Despite publicly supporting drafting crypto regulation to protect customers, disgraced crypto exchange FTX founder Sam “SBF” Bankman-Fried appears to have shared a deep disdain for regulators. During SBF’s ongoing criminal trial, Assistant U.S. Prosecutor Danielle Sassoon inquired if the crypto executive could recall...Continue Reading

Annual subscription fees for Etherscan’s EaaS service has reportedly grown to $2 million per year. Snowtrace.io, a popular blockchain explorer tool for Avalanche (AVAX), will shut down its website, powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit, on November 30. The Snowtrace team clarified that only its explorer powered by Etherscan will be shut down. According to...Continue Reading

Voltage Park will lease access to 24,000 clustered NVIDIA GPUs by the hour or month to help small startups and researchers model machine learning. Ripple co-founder Jed McCaleb’s nonprofit Navigation Fund is helping to tackle the AI chip shortage by offering leasable capacity large machine learning models. A new cloud was officially launched on Oct....Continue Reading

Bitcoin options market positioning and BTC’s daily chart suggest another bull move could be in the making. The bullish momentum that propelled Bitcoin (BTC) price to a year-to-date high continues into its third week as the price presses toward the $35,000 handle.  Some notable developments that back the current bullish momentum are: The forming a...Continue Reading