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Blockstream secures $210 million to drive Layer 2 growth and expand its bitcoin treasury — link | tl;dr

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SEC sues Cumberland DRW for operating as unregistered securities dealer — link | sec

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Bitfinex deemed ‘sole victim’ eligible for recovery of $7.4 billion Bitcoin from 2016 hack — link

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Judge approves FTX bankruptcy plan — link | theblock | tl;dr

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Digital asset investment products saw minor outflows totalling $147m last week. Higher than expected economic data last week being the likely culprit.

Bitcoin saw outflows of $159m while Ethereum saw $29m in outflows — link

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BBVA plans Visa-backed stablecoin launch in 2025 — link | tl;dr

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Robinhood launches crypto transfers in Europe as it pushes overseas expansion — link | tl;dr

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CZ to be released today after spending four months in federal prison — link | tl;dr

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It's been 1051 days since the global crypto market cap peaked on November 15, 2021.

The longest-ever crypto market cap drawdown lasted for 1,106 days from Dec 15, 2013, to Dec 25, while past cycles drawdown lasted for 1096 days from Jan 7, 2018, to Jan 7, 2021 — link

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Kamala Harris says US should become 'dominant' in blockchain, reiterates 'digital assets' in economic plan — link | tl;dr

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Visa to help banks test tokenized assets, smart contracts and seeks to launch an initial pilot in 2025 on Ethereum — link | tl;dr

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This Friday 8 AM UTC, 91K $BTC are set to expire on Deribit with a notional value of $5.81 billion.

Max pain price $59,000, put/call ratio: 0.62

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SEC Chair Gary Gensler grilled over crypto regulation, handling of DEBT Box case in heated congressional hearing — link | tl;dr

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SEC delays options on Blackrock spot Ethereum ETFs — sec

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TrustToken, TrueCoin settle with SEC over TUSD allegations — link | sec | tl;dr

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Digital asset investment products saw inflows of $407m, as investor decisions have likely been more influenced by the upcoming US elections than by monetary policy outlooks.

Bitcoin saw inflows totalling $419m while Ethereum saw $9.8m in outflows — link

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Crypto adoption by institutions — link

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Crypto (dot) com sues the SEC after receiving Wells notice — link

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UAE exempts crypto transactions from value added tax — link | tl;dr

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Coinbase to delist unauthorized stablecoins in EU by December — link | tl;dr

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Options volumes have increased over the past few weeks as markets shift to a risk-on mindset — link

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Digital asset investment products saw a third consecutive week of inflows totalling $1.2bn, in expectations of continued dovish monetary policy in the US.

Bitcoin saw inflows of $1bn while Ethereum broke its 5-week negative spell, with inflows of $87m, the first measurable inflows since early-August — link

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BNY approved by SEC for crypto custody beyond ETFs, Gensler says — link | archive

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Ethena plans to launch new stablecoin backed by BlackRock's tokenized BUIDL fund — link | tl;dr

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PayPal announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account — link | tl;dr

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Ethereum max pain price $2,500, $1.88 billion notional value, put/call ratio 0.45

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Nigerian users have the highest stablecoin affinity among the countries surveyed: Castle Island Ventures report — link

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Sam Bankman-Fried's ex-girlfriend Caroline Ellison sentenced by US judge to two years in prison for her role in FTX crypto fraud — link | tl;dr

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Bitcoin reflects little fundamental exposure to other macro variables, explaining its low long-term average correlation with equities and other "risky assets": BlackRock — link

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BNY plans crypto ETF custody as Wall Street eyes digital asset revenue — link | archive

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