Bitcoin
But a CoinShares report noted that trading volume remains “seasonably low.”
Ethereum
The crypto asset manager wants to convert its Ethereum Trust into a spot Ethereum ETF.
One layer of defense may not be enough to combat the centralization risks present in some ETH staking pool operators, said the Ethereum cofounder.
Business
Millions of dollars’ worth of ETH tied to the FTX hacker was on the move once again over the weekend.
Bitcoin has dropped near $26,000 for much of the past two months, occasionally dipping below this threshold amid a wider slump in risk-on assets.
According to a new SEC filing, the ParaFi Venture Fund II is looking to raise a total of $100 million.
The change of plans comes a day after Fox Business declared Valkyrie the winner of the futures race that isn’t finished yet.
Regulation
Teneo, the bankrupt crypto hedge fund’s liquidator, had attained a committal order sentencing Zhu and his cofounder, Kyle Davies, to four-month sentences earlier this week.
The former FTX CEO will spend at least 21 days at his criminal trial which is scheduled to begin on Oct. 4.
The cryptocurrency exchange’s international arm previously only allowed institutional users outside of the U.S. to trade perpetual futures.