Crypto Industry Cautiously Welcomes Agreement on New EU AML Rules
Customer due diligence requirements for crypto firms may be more stringent than for banks, policy watchers told CoinDesk.Source
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Entries by GRYZUoDLu7t8z22
ARK Continues to Shuffle Out of BITO, Buys $15M of its Own ETF
Cathie Wood’s investment fund continues to double down on its recently listed spot bitcoin ETF.Source
Grayscale’s GBTC Could See Another $1.5B in Sales From Arb Traders: JPMorgan
An additional $1.5 billion could exit GBTC, putting more pressure on the bitcoin price in the coming weeks, the report said.Source
Manta Network Hit by ‘DDoS’ Attack Amid Token Issuance
The network’s MANTA token went live on Thursday and has reached a $550 million capitalization.Source
Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts
The ether- bitcoin ratio has surged 10% in the first 19 days of the year, taking back part of last year’s 25% slide.Source
Crypto Bulls Lose $217M Amid Concern About Grayscale Outflows
Analysts also pointed out that GBTC shares flipped to a 0.9% discount on Thursday amid “likely selling pressure.”Source
Bitcoin Instantly Topped Silver in ETF Market and Trails Only Gold Among Commodities
Silver has existed since dying stars started spewing the metal out billions of years ago. Bitcoin is 15 – but it’s already a bigger deal in the U.S. ETF market. Bitcoin ETFs had more assets than silver ETFs the instant the U.S. Securities and Exchange Commission approved them last week, and trailed only gold among […]
Bitcoin Plunges Below $41K as ‘Sell the Bitcoin ETF News’ Wins the Day
Despite sizable net inflows into the new spot ETFs, bitcoin is lower by more than 12% since the products began trading one week ago.Source
Davos Debate: Should Tokenization Follow the ‘Same Activity, Same Rules’ Approach?
Regulation should be technology-agnostic, and focus on the activity and the outcome. But with blockchain-based security issuance, that approach could hold back the industry’s progress, says Noelle Acheson.Source