Some of America’s top crypto companies announced huge layoffs this week, a signal that there may be trouble ahead for the industry beyond the looming presidential election….
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BTC drops below $70k, $500m OI wiped out. BTC ETFs top 1m BTC held. Coinbase falls the most in 2 years. Tether reports $7.7bn profit, holds $100bn treasuries. Franklin Templeton tokenises fund on Base. Trump’s WLFI cuts fundraising target by 90%. Stablecoins should be replaced by CBDC: Treasury. Prison guards asked CZ for token tips. BTC & gold win with Trump election: JP Morgan. Expect friendlier regulation ‘regardless of election’. CryptoCom gets license for stocks in US. Gotbit founder indicted for wire fraud. Venmo can now be used for Uniswap trades….
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With another year to complete repayments from a decade-old attack, Mt. Gox moved 500 Bitcoin ($35 million) to cold storage late Thursday….
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Financial services firm Strive, which was co-founded by Donald Trump advisor Vivek Ramaswamy, will begin offering Bitcoin under a new wealth management business….
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Inflows to Bitcoin ETFs have cooled off, after the investment products pulled in almost $3 billion over the past six trading days….
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In just 10 months, spot Bitcoin ETFs have amassed over 50% of the assets held by gold ETFs, which have been around for two decades….
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The assets dropped with U.S. equities on Thursday….
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Analysts at the top bank think traders are feeling uncertain about the market—and this could further benefit Bitcoin….
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BTC dominance above 60%, altcoins fall. BlackRock BTC ETF sees record inflow day. Coinbase falls 3% pre-market after earnings miss. Coinbase pledges $25m to pro-crypto PAC. MicroStrategy plans to raise $42bn to buy BTC. Canary Capital applies for SOL ETF. SOL DEX volume hits 168% of ETH. Sol Strategies now owns $24m SOL. Kraken cuts 15% of staff. Tokenization could be big trend: US Treasury. Binance unveils wealth management platform. Centralised stablecoins a risk: Curve founder. FTX engineering director set to remain free. Microsoft shareholders begin BTC vote. Nillion raises $50m to create first ‘blind computer’….
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Bitcoin ETFs took in almost $900 million Wednesday—nearly all to BlackRock—as the U.S. funds now collectively hold over 1 million BTC….
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