The new platform Tokenet hopes to capitalize on institutional interest following the potential approval of a spot Bitcoin ETF. Source …
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies. Source …
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Bug in Fed’s payment system prevents Americans from getting paid
Banks stressed customer accounts “remain secure,” and balances will be updated as soon as the issue is resolved. Source …
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Crypto Trader Avi Eisenberg’s $110M Fraud Trial Delayed Until April 2024
Crypto trader Avi Eisenberg's trial will start in April 2024 after defense and prosecutors agreed to delay the proceeding, first scheduled for December.Source …
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Bitcoin Recedes to $34.2K Ahead of U.S. Nonfarm Payrolls Data
The jobless rate is forecast to hold steady at 3.8%, while the year-on-year growth in average hourly earnings likely slowed to 4% from 4.2%.Source …
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Bitcoin Is Up 70% a Year After FTX Debacle, but ‘Alameda Gap’ in Liquidity Persists
The 'Alameda gap' refers to the worsening of order-book liquidity following the collapse of the FTX group a year ago.Source …
BTC price cools off, but ‘You can never have too much Bitcoin,’ says Saylor
Bitcoin price cooled off after an impressive 30% monthly gain, but MicroStrategy CEO Michael Saylor made the case for why he remains bullish on BTC. Source …
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