New York AG announces $2 billion settlement with crypto lender Genesis — link | tl;dr
Читать полностью…Digital asset investment products saw inflows for the second week totalling $932m. The inflows were an immediate response to the CPI report, with the latter 3 trading days of the week making up 89% of the total flows — link
Читать полностью…Gemini Earn to begin returning customers' crypto by end of month as court approves Genesis bankruptcy — link | tl;dr
Читать полностью…Failed crypto firm Genesis won approval to repay creditors 3 billion, defeating challenge by parent DCG — link |archive
Читать полностью…According to 13F reporting, 937 professional firms were invested in U.S. spot Bitcoin ETFs as of March 31. In comparison, gold ETFs had 95 professional firms invested in their first quarter.
Retail owns a majority of the float. Professional investors held exposure of $11.06bn by the end of Q1, representing 18.7% of the BTC ETF AUM — link
Millennium Management, Izzy Englander's fund, holds nearly $2 billion in spot Bitcoin ETF shares, 3% of their $64b fund; Paul Singer’s Elliott also among Bitcoin ETF holders— link | tl;dr |@EricBalchunas
Читать полностью…Bitcoin’s 90-day correlation with US equities rose to 0.17 last week, after reaching a multi-year low of just 0.01 in March.
Overall, Bitcoin’s correlation with risk assets remains well below its bull market highs of over 0.6 — link
Tornado Cash developer Alexey Pertsev found guilty of money laundering — link | tl;dr
Читать полностью…Digital asset investment products saw inflows for the first time in five weeks totalling $130m.
Regionally, the US saw the majority of inflows totalling $135m, with incumbent Grayscale seeing the lowest weekly outflows since January — link
DOJ taps FRA over Sullivan & Cromwell for Binance's 3-year monitorship — link | tl;dr
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Grayscale parent Digital Currency Group reports $229M revenue for Q1 — link | tl;dr
Читать полностью…House votes to erase SEC crypto policy while President Biden vows veto — link | tl;dr
Читать полностью…Grayscale CEO Michael Sonnenshein steps down, names Goldman's Peter Mintzberg as new CEO — pr
Читать полностью…Morgan Stanley discloses US spot Bitcoin ETF holdings worth over $270 million in filing — link | tl;dr
Читать полностью…Vanguard said set to name Bitcoin-friendly ex-BlackRock exec as CEO: WSJ — link | tl;dr
Читать полностью…State of Wisconsin Investment Board bought $99m of iShares Bitcoin ETF — sec | coindesk
Читать полностью…CFTC issues order against crypto prime brokerage firm "Falcon Labs" for illegally providing U.S. customers access to digital asset derivatives trading platforms — cftc | theblock
Читать полностью…Coinbase can't force the SEC to write new rules, appeals court rules — link | tl;dr
Читать полностью…Binance, KuCoin win registration with India's Financial Intelligence Unit — link | tl;dr
Читать полностью…Binance surveillance team found DWF Labs engaged in market manipulation, sources say — link
Читать полностью…Coinbase saw trade volume in Q1 more than doubled to $312 billion, with institutional volume increasing faster than retail, accounting for 82% share of the total — link
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