Latest from Sam Reynolds
First Mover Asia: Bitcoin Hovers Near $30.3K After Expected Correction. Retail Investor Enthusiasm 'Likely to Increase': Analyst
The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.
XRP Short Traders Log Highest Losses in 2023 After Landmark Court Ruling
XRP token market capitalization has jumped to over $40 billion, its largest level since April 2022.
Ether Pushes Past $2K as Ripple's Partial Win Against SEC Invigorates Market
Several layer-1 tokens soared after the Ripple ruling ignited hopes of a favorable ruling in other SEC cases against crypto firms.
BNB Chain to Tackle Blockchain Exploit Risks in Major July Hard Fork
The upgrade will push security measures immediately on the occasion of a blockchain exploit to safeguard user assets.
FTX Bankruptcy Lawyers Ask Court for $323M Recovery From FTX Europe Leadership
Sam Bankman-Fried and the FTX Group had paid a total amount of approximately $323.5 million in return for the acquisition of Swiss Company DAAG which would ultimately come to be known as FTX Europe.
Dapper Labs Lays Off 51 as NFT Market Stays Chilly
The newest cuts are the third round for the company in the past year.
Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens
StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back.
Cathie Wood's ARK Sells $12M Coinbase Shares as COIN Nears Yearly High
ARK currently owns 11.03 million shares of Coinbase.
First Mover Asia: Crypto Market Is on ‘Standby’ as Release of June Inflation Data Nears
PLUS: Chinese Yuan-backed stablecoins are an impossibility.
China Should Consider Yuan-Backed Stablecoins Instead of CBDCs, Circle's Allaire Says
Circle CEO Jeremy Allaire touted the advantages of stablecoins over central bank digital currencies (CBDC), in an interview with South China Morning Post.
