Spot Bitcoin exchange-traded funds in the U.S. recorded a significant jump in net inflows on Sept. 24, while spot Ether ETFs reversed course, moving back into net positive flows. Data from SoSoValue shows that the 12 spot Bitcoin ETFs recorded…
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Reasons why crypto whales are on XRP, Solana, and Rollblock buying spree [btcmanager]
Discover why crypto whales are heavily investing in XRP, Solana, and Rollblock, and what their price direction and potential gains look like for 2024. #partnercontent
Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121 [btcmanager]
Republican lawmakers have strongly requested that the U.S. Securities and Exchange Commission repeal a controversial rule for banks that deal with crypto. Yesterday, Sept. 23, a group of more than 40 members of Congress sent signed letters to the heads of…
Why did Caroline Ellison get such a light sentence? [btcmanager]
Prosecutors and the defense alike argued Caroline Ellison should be sentenced to time served—and without her, the scale of Sam Bankman-Fried’s crimes may never have been uncovered. Caroline Ellison was a key member of Sam Bankman-Fried’s inner circle, turning into…
SEC charges TrustToken and TrueCoin over stablecoin fraud [btcmanager]
Two crypto companies related to the TUSD stablecoin were charged with securities violations by the U.S. Securities and Exchange Commission TrueCoin and TrustToken settled charges filed by the SEC, alleging unregistered offering and investment contract sales between November 2020 and…
Caroline Ellison sentenced to 2 years for role in FTX crypto fraud [btcmanager]
Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison by District Judge Lewis A. Kaplan. Her involvement in the collapse of cryptocurrency exchange FTX and its affiliated hedge fund, Alameda Research, has been central…
Caroline Ellison sentenced to 2 years for role in FTX crypto fraud [btcmanager]
Caroline Ellison, former CEO of Alameda Research, has been sentenced to two years in prison by District Judge Lewis A. Kaplan. Her involvement in the collapse of cryptocurrency exchange FTX and its affiliated hedge fund, Alameda Research, has been central…
Turkey decides against taxing crypto profits this year [btcmanager]
Vice President Cevdet Yilmaz confirmed that Turkey will not implement a tax on profits from crypto or stock trading this year. The government previously considered such a tax but has focused on reducing existing tax exemptions, according to Bloomberg reporting.…
Turkey decides against taxing crypto profits this year [btcmanager]
Vice President Cevdet Yilmaz confirmed that Turkey will not implement a tax on profits from crypto or stock trading this year. The government previously considered such a tax but has focused on reducing existing tax exemptions, according to Bloomberg reporting.…
BNY Mellon targets crypto ETF custody post-SAB 121 review [btcmanager]
Following an exemption from an SEC staff accounting bulletin, BNY Mellon edged closer to Bitcoin and Ethereum custody. Bloomberg reported that BNY Mellon was poised to provide crypto custodial services for spot Bitcoin (BTC) and spot Ether (ETH) exchange-traded funds…