Latest from Nikhilesh De
JPMorgan Clients Lifted Spot Bitcoin ETF Holdings in Q3
The bank disclosed ownership of nearly 5.3 million shares of IBIT as of September 30, up 64% from the previous quarter.
Polymarket’s Trading Volume May Be 25% Fake, Columbia Study Finds
Nearly 60% of weekly trades in December 2024 were flagged as likely wash trading, with coordinated networks of 43,000 wallets detected.
SUI Falls Below $2.00 Support as Volume Spikes and Traders Eye Key Reversal Pattern
The Layer-1 token dropped 2.5% amid a sharp rise in trading volume, with a potential rebound forming after a double-bottom.
Bitcoin’s Fair Value Is $170K, JPMorgan Argues in Gold-Based Model
Using risk capital metrics, the bank says BTC should match two-thirds of gold's private investment base, up from $102K now.
Samourai Wallet Developer Sentenced to 5 Years in Prison for Unlicensed Money Transmitting
District Judge Denise Cote sentenced Keonne Rodriguez to the statutory maximum. Fellow developer William Lonergan Hill will be sentenced later this month.
U.S. Government Shutdown Stretches to Record 36 Days, Continues Risk of Derailing Crypto Bill
Market structure legislation could still see movement this year, but likely won't become law before 2026.
Canada Begins March Toward Stablecoin Regulations
In the wake of the U.S. GENIUS Act, Canadian lawmakers are moving on Canadian-dollar-backed stablecoin legislation, which is being cheered by crypto interests.
Animoca Brands' Public Market Ambition Aims at Providing Crypto Access to 'Billions'
"Most of the world still doesn't have crypto," said Animoca Brands' co-founder, adding that his company is planning to help change that through its public listing.
XRP Ledger’s Dual Utility Could Make It a Breakout ETF Play, Experts Argue
Ripple’s unified system for payments and wealth storage may give XRP an edge with institutions eyeing real-world utility beyond speculation, said Bitnomial CEO Luke Hoersten.
Appeals Court Seems Unmoved by Sam Bankman-Fried’s Claims of an Unfair Trial
The former FTX CEO, who is currently serving a 25-year sentence for fraud, has repeatedly claimed that the crypto exchange was solvent at the time of its bankruptcy.
