The U.S. Securities and Exchange Commission (SEC) alleged that crypto exchange Bittrex simultaneously operated a national securities exchange, broker and clearing agency in violation of federal statutes. Former CEO Bill Shihara and Bittrex Global GmbH are also facing charges.
CME to Add Daily Expiries on Bitcoin and Ether Futures Options Contracts
Derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations soon to be available on bitcoin and either futures options contracts, the company said in a press release on Monday.
SEC Warned Bittrex of Legal Action Before Firm Announced U.S. Exit: WSJ
The crypto exchange is set to shut down its U.S. platform on April 30 after nine years in operation.
Bitcoin, Ether See Bull Breather as Higher Bond Yields Support Dollar
We would consider taking some profits as the crypto market is showing exuberant signs.
Kyber Network Advises Liquidity Providers to Withdraw Funds Amid Vulnerability, Token Drops 2%
Decentralized finance (DeFi) protocol Kyber Network has advised liquidity providers on its Elastic product to withdraw funds after finding a potential vulnerability, it said in a tweet.
First Mover Americas: Ether Holds Above $2K
The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Space ID Tokens Wow Investors Weeks After Binance Launchpad Sale
The price of ID tokens has almost doubled in the past week.
Ether’s Strong Price Action May Continue Until the End of the Month: Coinbase
The price of ether (ETH) has been resilient following the Shanghai Fork (aka Shappela) last week, Coinbase (COIN) said in a research report Friday.
Attractive Yields Drive Millions Into DeFi Liquidity Manager Gamma; TVL More Than Doubles
The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking.
Bitcoin Could Peak at $45K in May, Analyst Says
The cryptocurrency seems to be mirroring its performance in first-half 2019, when it chalked up a triple-digit rally, marking a solid recovery from a yearlong bear market.
Do Kwon Retained Law Firm in South Korea Before Terra’s Collapse: Report
South Korean prosecutors confirmed a report that Kwon sent $7 million to a local law firm in the months leading up to his venture’s dramatic fall.
Crypto Lender Amber Group Weighs Selling Japan Unit: Bloomberg
Managing partner Annabelle Huang said that despite Japan being a “high quality market … regulations are strict.”
Over 1M Ether Withdrawn After Shapella Fails to Dent Risk Appetite
Some traders are restaking the ether withdrawn since the Shapella upgrade, quashing bearish price forecasts.
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies.
Shaquille O’Neal Finally Served FTX Lawsuit: Lawyers
Legendary Basketballer Shaquille O’Neal has finally been served a class-action lawsuit against FTX founder Sam Bankman-Fried, lawyers of the plaintiffs tweeted on Sunday.
First Mover Asia: Ether Price Hits Fresh 11-Month High
ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey writes that to prevent the potentially destructive impact of AI, we need open-source innovation and collective governance that is possible through blockchain protocols and Web3, not the monopoly defaulting structure of Web2.
US House Committee Publishes Draft Stablecoin Bill
The stablecoin is the first major piece of crypto legislation in 2023.
Trump Earned Up To $1M From NFT Sales: Filings
Trump’s income from NFTs comes via a licensing agreement between his company CIC Digital LLC and the collection’s creator NFT INT LLC.
TrueUSD’s Bitcoin Trading Volume Nears Tether’s on Binance but Traders Hesitate to Use the Token
Bitcoin Is the ‘Boring, Old Grandpa’ Right Now Compared to Ether: Dexterity Capital Manager Partner
By its nature, bitcoin is a stable thing, and because it doesn’t change, it isn’t exactly the talk of the town, Michael Safai said.
