Will Lawsuit Against DCG Impact GBTC’s Chances of an ETF Conversion?
Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.Source
‘Absolutely Not’: FTX’s Former General Counsel Says He Never Approved Loans of Customer Funds
Can Sun testified on day 12 of the Sam Bankman-Fried trial.Source
Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021
Since the end of last year, the number installed has dropped 7,000, or 17%.Source
Bitcoin Could Rise to Between $42K and $56K if BlackRock ETF Is Approved: Matrixport
Bitcoin will rise to between $42,000 and $56,000 if a BlackRock spot bitcoin (BTC) ETF is approved, crypto services provider Matrixport said in a report Thursday.Source
Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians
Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust.Source
Pantera, Susquehanna and HashKey Back DEX SynFutures With $22M Funding
The funding round was led by Pantera Capital, and included participations from Susquehanna International Group and HashKey Capital.Source
Tesla Keeps Bitcoin Stash Steady at 9,720 BTC in Q3
Tesla did not buy or sell any BTC in the three months to September, leaving its coin stash unchanged at 9,720 BTC.Source
Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital
The miner is adding Fidelity to diversify its bitcoin (BTC) custody.Source
Jimmy Zhong Arrest Details Revealed in New Report
Zhong is now serving a one-year sentence related to the theft of bitcoin from the Silk Road marketplace.Source
Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks
The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator’s crypto expectations, according to the agency’s inspector general, so the FDIC agreed to field a new strategy by January.Source