FTX
Recent research from Galaxy Digital estimates the total addressable market (TAM) size for Bitcoin ETF would be $14.4 trillion in the first year after launch
An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.
Bitcoin is considered a consensus-based store of value and a safe-haven asset, similar to gold. However, Bitcoin's performance is in stark contrast to its performance during the 2022 Russia-Ukraine conflict. Bitcoin and Ethereum both experienced declines after the conflict erupted.
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Last week marked the one-year anniversary of the Ethereum mainnet merge. With almost 1 million ETH burned being a major achievement and creating a deflationary effect, there is growing concern over staking centralization.
FTX got court approval to sell its crypto assets with a weekly selling limit.
With both low volatility and low volume, boredom dominates the market
Sam Bankman-Fried allegedly leaked private writings from his alleged co-conspirator to “influence public opinion” ahead of his trial this fall.
A lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.
The U.S. DOJ also wants to ban the disgraced FTX founder and all parties involved in the case from making any out of court statements in the future.
- 07:19A certain whale transferred 32.52 million NEIRO from CEX, becoming the third largest whale in terms of on-chain holdingsAccording to a report by Jinse Finance, monitored by Spotonchain, in the past hour, the whale "0x22b7" transferred 32.52 million NEIRO from CEX, equivalent to approximately $3.01 million, accounting for 3.25% of the total supply, becoming the third largest whale in terms of on-chain holdings.
- 07:16Strategy Launches AI Data Management Solution Strategy MosaicStrategy (formerly MicroStrategy) has released an AI data management solution called Strategy Mosaic. It is reported that Mosaic will build a universal intelligence layer and launch AI Agents, without exposing sensitive data to the underlying large language model (LLM).
- 07:16Investment Firm Pearl Fund Launches $500 Million Bitcoin Fund Pearl Bitcoin FundUS investment firm Pearl Fund has announced the Pearl Bitcoin Fund, a $500 million Bitcoin fund. It is reported that the Pearl Bitcoin Fund will be the first investment fund in the US that can exempt Bitcoin investment from capital gains tax. Its solution allows investors to obtain tax-free Bitcoin appreciation after a 10-year holding period, a feature currently unavailable in Bitcoin ETFs.