Research
Bitcoin
Power Law analyst predicts Bitcoin could soar to $300,000 within 18 months
PlanC sees minimal risk of Bitcoin falling below $60K after $80K milestone.
Bankruptcy
FTX reaches $228 million settlement with Bybit amid bankruptcy efforts
FTX and Bybit settlement resolves $327 million withdrawal dispute amid ongoing bankruptcy.
Mining
Bitmain denies connection to US supply chain investigation linked to Huawei chips
Bitmain denies affiliation with controversial chip supply chain and upholds legal compliance.
Bitcoin
Bitcoin miner from 2010 moves part of 50 BTC stash to active wallet linked to exchanges
The anonymous Bitcoin miner moved 2.99 BTC to a wallet active on OKX with over $1.5 million in deposits.
Adoption
Satoshi Action Fund seeks to replicate cannabis industry with ‘safe haven’ states for Bitcoin custody
Drawing on historical movements for state-level advocacy, the fund aims to proactively safeguard Bitcoin user rights before federal legislation.
Ethereum
Ethereum hits multi-year low against Bitcoin erasing all gains since 2021
Ethereum underperforms Bitcoin as ETH/BTC ratio drops 58% since 2021 peak.
Bitcoin
Bitcoin ETFs see $380 net inflow in 2 days with BlackRock leading the charge
IBIT dominates Bitcoin ETF inflows with $482 million 2-day surge.
Regulation
Denmark proposes taxing unrealized crypto gains as it does with some traditional financial contracts
Denmark plans new crypto tax model to align with stock savings accounts, aiming for consistency across financial instruments.
Derivatives
Ethereum leads liquidations as $259 million wiped out in 24 hours amid Bitcoin price swing
Long position liquidations surge to $186 million amid crypto market turbulence.
Crime
Scammer who stole 4,100 Bitcoin appears in US court charged with wire fraud
Malone Lam and co-conspirator exploited victim's trust through fake support calls, extracting over $274 million in crypto.
Election 2024
What happens to Polymarket bets if result of US Election is contested?
Resolution of bets hinges on media calls and inauguration events, sparking trading challenges amidst potential election disputes.
ETFs
Bitcoin ETFs break 7 day $2.6 billion inflow streak with $79 million outflow
ARKB's $134.7 million outflow overshadows IBIT's $43 million gain.