Author: CryptooTimes
Celsius token skyrockets 300% a month after paying $2.5 billion to creditors, marking a strong rebound in the aftermath of its bankruptcy settlement.
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Spot Bitcoin exchange-traded funds in the U.S. experienced a significant drop in net inflows on Sept. 23, while spot Ether ETFs ended their two-day inflow streak. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $4.56 million, 95% lower than the $92 million inflows recorded the previous trading day. Fidelity’s FBTC led the lot again with $24.9 million in inflows following nine days of positive flows and one day of neutral flows seen by the fund. BlackRock’s IBIT, the largest BTC ETF, followed with $11.5 million flowing into its fund, ending its no-flow streak of…
In 2022, Coinbase asked the SEC to propose and adopt rules to govern crypto, including clarification on which crypto assets are securities.
In a published note, Lynn Song, Chief Economist for Greater China at ING, wrote that today’s policy package is expected to weaken the yuan slightly, with the USD-CNY exchange rate rising in response to the PBoC’s easing measures. However, medium-term factors like interest rate spreads suggest a gradual appreciation trend for the CNY.
21.co, the parent company of crypto exchange-traded products issuer 21Shares, has integrated the Chainlink Proof-of-Reserve to enhance the transparency of its wrapped Bitcoin. According to a press release on Sept. 23, 21.co will leverage Chainlink (LINK)’s proof of reserves service on the Solana (SOL) and Ethereum (ETH) mainnets. The integration aims at increasing the reserves transparency for 21.co’s wrapped Bitcoin dubbed 21BTC. 21.co eyes on-chain reserves transparency for its 21BTC 21BTC launched on Solana in May 2024 and on Ethereum in early September 2024. The token is backed 1:1 by BTC reserves held in cold storage and institutional custody. Chainlink’s…
The court and jury could have misunderstood Sam Bankman-Fried’s behavior during his criminal trial due to his autism and attention deficit disorders, doctors wrote in a recent amicus brief.
“Their understanding of what the industry and crypto investors alike need from a Harris administration, should one come to pass, is growing in sophistication and depth,” Grewal said, though the actual policy choices may not be seen for a while. “Sometimes things just take a little bit longer than any of us might like,” he said.
Screenshot: Sony / KotakuIn This StoryPre-orders for the limited-edition PlayStation 30th Anniversary Collection don’t start going live until later this week, but in the meantime we’re already starting to get a better idea of how much some of the consoles and accessories will cost thanks to a new leak. The prices don’t seem that bad so far. Agatha All Along Star Sasheer Zamata On Witchcraft And Star TrekTrusted industry leaker billbil-kun at Dealabs, who has a history of sharing PlayStation product info ahead of schedule, reported the apparent prices of two of the anniversary PS5 collection pieces over the weekend.…
H.C. Wainwright analysts believe Bitfarms’ stock is set for growth following a settlement with Riot Platforms that ends a six-month-long hostile takeover attempt. Earlier on Sept. 23, Bitfarms and Riot Platforms reached an agreement to end Riot’s bid to take over the Canadian Bitcoin (BTC) mining firm. According to H.C. Wainwright analysts, Bitfarms’ stock should hit $4 per share. The analysts maintained their “Buy” rating on Bitfarms, viewing the company’s shares as undervalued, according to a note shared with crypto.news. At the time of writing, Bitfarms’ stock (NASDAQ: BITF) is trading at $2.06 per share. Based on 2024 revenue estimates,…
