Cross Chain Swap Token FLIP More Than Doubles on First Day of Trading

FLIP, the native token of cross-chain swap platform ChainFlip, surged more than 150% to as high as $5.94 on its first day of trading.Source

Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan

The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.Source

Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.Source

Do Kwon’s Extradition Approved by Montenegro Court

Minister will decide if Kwon will be extradited to the U.S. or South Korea.Source

KyberSwap Offers 10% Bounty to Attacker Who Made Off With $50M

The attacker had said negotiations would start when they are “fully rested,” and hasn’t been heard from since.Source

Bitcoin’s 3-Week Consolidation Under $38K Has Bullish Undertone

The pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment, one observer said.Source

Crypto for Advisors: Is Bitcoin for You?

How does bitcoin fit in your portfolio? Zach Pandl from Grayscale takes us through the investment thesis.Source

Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications

The Monetary Authority of Singapore (MAS) has released the final tranche of its responses to feedback on a consultation paper of proposed regulations for crypto service providers.Source

Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History

Someone paid $3.1 million in transaction fees for a bitcoin [BTC] transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block, it received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows.Source

First Mover Americas: Uniswap’s UNI Rallies and Bitcoin Holds $37K

The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source