Rising M2 money supply will see crypto become ‘Super Massive Black Hole’: Raoul Pal
Historically, the cryptocurrency market has benefited from the rise in global money supply, as the majority of bull runs in the past coincided with the...
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CME becomes second-largest Bitcoin futures exchange as open interest surges
The surge in CME Bitcoin futures OI has helped the regulated derivatives platform attain a 25% market share in Bitcoin futures. The Chicago Mercantile Exchange...
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Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply. Welcome to Finance Redefined, your weekly dose of essential decentralized finance...
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Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto
Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors. The United States Securities and...
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Bitfinex Securities announces tokenized bond
Paolo Ardoino, Bitfinex chief technology officer and incoming Tether CEO, said the “exciting” initiative marks the beginning of a new era in capital raising. Bitfinex...
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Court-ordered NFTs and the importance of Web3 randomness: Nifty Newsletter
A Singapore court permitted the use of NFTs to attach legal court orders tokenized as an NFT to issue a freeze order. Welcome to the...
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BlackRock fined $2.5M by SEC for incorrect investment disclosure
The SEC charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted,...
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Bitcoin price surge drives BTC-related stocks to new multiweek highs
MicroStrategy, the public company holding the most Bitcoin, saw unrealized gains on its BTC investment reach near the $1 billion mark as its stocks gained...
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Bitcoin price surge sees significant asset outflow on crypto exchanges
The outflow of assets from crypto exchanges is considered a bullish sign, as it indicates traders are moving their assets away from exchanges and no...
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California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams
A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000....
