Entities such as Millenium Management—one the top five largest hedge funds in the world—have invested billions in the spot bitcoin ETFs launched in January.
Two New York-based brothers have been arrested on charges of wire fraud and conspiracy to commit money laundering, with the DOJ alleging they exploited Ethereum to fraudulently obtain $25 million worth of crypto in around 12 seconds.
The ratio of ether’s market cap to that of bitcoin’s hit a multi-year low Wednesday and overall has been falling since The Merge. Will the trend continue?
Crypto trader DeFiSquared took aim at Worldcoin’s “predatory tokenomics” that could potentially see WLD supply inflate at 4% per day after token unlocks and emissions commence.