Crypto News
USDC Stablecoin’s Issuer Circle Dumps Tron Network; TRX Steady
Circle cited its “risk management” framework as part of the decision, among other factors.Source link
Coinbase CEO: Every Institution Is Now Starting to Hold Crypto
Coinbase CEO Brian Armstrong says “every institution is now starting to hold crypto,” emphasizing that “the asset class will be a standard part of every diversified portfolio.” Moreover, the executive noted that institutions will eventually be using crypto in other ways, such as “holding it on their balance sheet, paying their vendors, doing payroll.”Source link
Behind MDC Walls — Independent Reporter Captures Photo of Sam Bankman-Fried’s New Reality
This week, a prison snapshot featuring Sam Bankman-Fried (SBF), the ex-FTX chief, was released by the independent journalist Tiffany Fong. Capturing the first glimpse of SBF since his detention, the image places the once-prominent cryptocurrency magnate alongside five other detainees within the confines of the Metropolitan Detention Center (MDC) in Brooklyn. First Look: SBF BehindSource link
Bitcoin ETF Trading Spikes to Busiest Session Since January Debut
Bloomberg exchange-traded funds analyst Eric Balchunas noted a particular uptick in volume for HODL and BTCW.Source link
CME Group Debuts Bitcoin, Ethereum Futures For Europe
With U.S. dollar-denominated funds surging, the derivatives marketplace pitches a euro-based version.Source link