Market
Bankruptcy
Terra tokens fall following Terraform Labs Chapter 11 bankruptcy filing
The value of several Terra-related tokens nosedived following the bankruptcy filing.
Legal
Coinbase has 70% chance of winning against SEC: Bloomberg analyst
The analyst cited several reasons why the exchange could win, including SEC's broad definition of securities.
Regulation
South Korea presidential office hints at domestic spot Bitcoin ETF amid regional uncertainty
Other countries in Asia, including Singapore, Thailand, and Hong Kong are having a mixed reaction to the launch of spot ETFs.
ETF
Fidelity’s Bitcoin ETF joins the $1 billion club in alongside BlackRock
Outflow from Grayscale's GBTC has crossed the $2 billion mark within the first week of trading.
Stablecoins
Tether’s Bitcoin wallet swells to 66,400 BTC, tallying up unrealized gains of over $1B
An address potentially belonging to the stablecoin issuer sits on an unrealized profit of more than $1 billion.
Stablecoins
TrueUSD attributes Binance Launchpool activities to recent stablecoin price deviation
TrueUSD dispelled concerns about the stablecoin stability, saying redemptions are functional.
DeFi
dYdX native token surpasses $3 as it becomes top DEX by daily volume
The DEX volume surpassed that of notable rivals like Uniswap.
ETF
Bitwise CEO confirms $370 million inflows for its Bitcoin ETF in blazing four-day debut
Observers said the impressive number places Bitwise ETF among the top 25 ETFs launched in 2023 by AUM.
CBDCs
Trump pledges to block Central Bank Digital Currency if elected for second term
CBDCs have become increasingly popular outside of the US, with many countries developing token pilots.
Exchanges
Gemini gains ground in France with official Digital Asset Service Provider registration
Gemini is now available in more than 12 European countries with the latest registration.
Stablecoins
USDC doubles market share on centralized crypto trading platforms to over 10%
USDC has enjoyed enormous adoption across different trading platforms despite the significant headwinds.
Investments
Cathie Wood-led ARK Invest divests BITO shares to double down on in-house Bitcoin ETF
ARK's strategic ETF realignment sparked discussion within the crypto community about the company strategy.