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November 10, 2023
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47 countries pledge to authorize the crypto-asset reporting framework by 2027

The Crypto-Asset Reporting Framework is the new international standard for the automatic exchange of information between tax authorities.   Nearly 50 governments worldwide have committed to […]
November 9, 2023
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Cathie Wood’s ARK bags 1.1M Robinhood shares in one day

Cathie Wood’s ARK Invest has continued accumulating Robinhood shares while dumping Grayscale Bitcoin Trust shares.   ARK Invest’s recent acquisition of 1.1 million shares of Robinhood, […]
November 9, 2023
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Bitcoin briefly tops $37K amid market optimism for pending spot ETF approvals

The price of Bitcoin has surpassed $37,000 for the first time since May 2022.   Bitcoin (BTC) recently experienced a significant milestone, surpassing the $37,000 threshold […]
November 9, 2023
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ARK Invest and 21Shares partner to launch digital asset ETF suite

Five digital asset ETF products will be listed on the Chicago Board Options Exchange and start trading next week.   The developments in the cryptocurrency ETF […]
November 8, 2023
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Marathon, Riot among most overvalued Bitcoin mining stocks: Report

Bitcoin mining analyst Jaran Mellerud said there are “better-priced opportunities” that could even out the valuation discrepancies between the mining stocks.   The valuation of crypto […]
November 8, 2023
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Ex-Cantor execs launch crypto lending platform in expectation of Bitcoin ETFs

The new platform, Tokenet, hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF.   The launch of the crypto-lending platform […]
November 8, 2023
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OpenSea investor marks down stake in platform by 90%: Report

OpenSea’s co-lead investor, Coatue Management, marked down its investment from $120 million to $13 million.   Coatue Management, a prominent U.S. technology investment firm, has significantly […]
November 7, 2023
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Kraken looking to ‘solve’ industry challenges amid layer-2 rumors

The rumors were fueled by reports citing anonymous sources and a job posting from Kraken highlighting that the company is “enthusiastic” about layer-2 solutions.   Cryptocurrency […]
November 7, 2023
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Crypto data platform Glassnode sells Bitcoin tax software to Blockpit

After acquiring the crypto tax platform Accointing in October 2022, Glassnode is selling the business to focus on DeFi and institutional offerings.   Cryptocurrency analytics company […]
November 7, 2023
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Ava Labs cuts 12% of staff to ‘reallocate resources’ toward expansion

Ava Labs CEO Emin Gün Sirer, however, stressed that the firm is well-positioned with a significant runway and resources at its disposal.   Ava Labs’ decision […]
December 13, 2023
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ECB assesses environmental footprint of cash, sees room for improvement

In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has its own advantages.   The European Central Bank (ECB)’s examination of […]
December 13, 2023
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BlackRock revises spot Bitcoin ETF to enable easier access for banks

BlackRock said the new ETF model offers “superior resistance to market manipulation” — something the SEC has long used as a reason to reject spot Bitcoin […]
December 13, 2023
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‘I’m a big fan’: Cantor Fitzgerald CEO praises Tether and Bitcoin

Cantor Fitzgerald has been managing Tether’s now $90 billion Treasury portfolio since late 2021.   Howard Lutnick, CEO of Wall Street firm Cantor Fitzgerald, has expressed […]
December 12, 2023
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Yuga Labs co-founder addresses comeback rumors amid ongoing health break

Wylie Aronow said he’s been seeing many tweets this week asking when he’s planning to return to the helm at Yuga Labs.   Wylie Aronow, a […]
December 12, 2023
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More US senators back Elizabeth Warren’s AML bill targeting crypto

The legislation, reintroduced in July, already has the support of several U.S. lawmakers, but critics have suggested it could threaten financial freedom and privacy.   Massachusetts […]
December 12, 2023
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Japan’s SBI looks to Saudi Aramco to continue Middle East expansion

They have signed a memorandum of understanding on digital asset investment and semiconductor production.   Japanese financial giant SBI Holdings and Saudi Aramco, the state-owned oil […]
December 12, 2023
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IRS tax bill will swipe creditors of any ‘meaningful recovery,’ says FTX

FTX Trading said the firm “never earned anything anywhere near the amount” that would justify a $24 billion tax bill.   The bankrupt cryptocurrency exchange FTX […]
December 12, 2023
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FIFA launches NFT collection amid 2023 Club World Cup

FIFA NFTs, minted on Algorand, have totaled only $2.4 million in trading volume since their inception last September.   The Fédération Internationale de Football Association (FIFA), […]
December 12, 2023
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El Salvador’s Bitcoin bond gets regulatory approval, targets Q1 launch

The Volcano Bond was approved by the country’s Digital Assets Commission on Dec. 11, with issuance expected in Q1 2024.   El Salvador is poised to […]

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