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Grayscale Bitcoin Trust Could See $2.7B of Outflows if ETF Conversion Is Approved: JPMorgan

The bitcoin price could come under pressure as some of the money is likely to completely exit the ecosystem, the report said.

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Author: Will Canny

Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.

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Author: Will Canny

Montenegro Court Approves Extradition of Do Kwon

Minister will decide if Kwon will be extradited to the U.S. or South Korea.

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Author: Sam Reynolds

KyberSwap Offers 10% Bounty to Attacker Who Made Off With $50M

The attacker had said negotiations would start when they are “fully rested,” and hasn’t been heard from since.

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Author: Sam Reynolds

Bitcoin’s 3-Week Consolidation Under $38K Has Bullish Undertone

The pullbacks have become less deep over the past three weeks, suggesting the building up of bullish sentiment, one observer said.

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Author: Omkar Godbole

Bitcoin’s rise above $40,000 ‘inevitable’ following Binance settlement: Matrixport analyst

An increase in USDT’s market cap and a positive macro environment support the bullish outlook, the analyst said.

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Author: James Hunt

JPMorgan says GBTC could see outflows of $2.7 billion upon ETF conversion

JPMorgan analysts estimate the impact of traders betting on the Grayscale Bitcoin Trust who may want to cash out if it turns into an ETF.

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Author: Yogita Khatri

From macro to mackerel: Sam Bankman-Fried paid for haircut with fish, says WSJ

The former FTX CEO has being paying with mackerel in prison — although as a crypto owner he should be used to dealing with not real money.

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Author: James Hunt

Crypto for Advisors: Is Bitcoin for You?

How does bitcoin fit in your portfolio? Zach Pandl from Grayscale takes us through the investment thesis.

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Author: Sarah Morton, Zach Pandl

Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications

The Monetary Authority of Singapore (MAS) has released the final tranche of its responses to feedback on a consultation paper of proposed regulations for crypto service providers.

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Author: Amitoj Singh


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