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Cathie Wood Calls Bitcoin (BTC) a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
Wood, whose Ark Invest recently became one of the issuers of a spot bitcoin exchange-traded fund (ETF), ARKB, said the asset manager is focused on emerging markets and the macro environment worldwide, which has been “shocked” by the U.S.…
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Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.…
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Floki Developers Plan to Offer Regulated Bank Accounts in Next Value Capture for Tokens
“We will introduce Floki-powered Bank Accounts in partnership with a fintech company,” B wrote in a Telegram message. “These accounts will be facilitated through a key partner licensed in four key jurisdictions: Canada, Spain, Dominica,…
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Bitcoin Year-End Price Target Raised to $90K at Bernstein
“With a new bitcoin bull cycle, strong ETF inflows, aggressive miner capacity expansion, and all-time high miner dollar revenues, we continue to find bitcoin miners compelling buys for equity investors seeking exposure to the crypto…
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Tornado Cash Dev Pertsev’s $1.2B Money Laundering Allegations Detailed Ahead of Dutch Trial
The indictment, seen by CoinDesk, says that between July 9, 2019 and Aug. 10, 2022, "at least in the Netherlands and/or in Russia and/or the United States and/or in Dubai, together and in association with one or more others, at least…
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Coinbase’s Allies Join Crypto Firm’s Case Against U.S. SEC
"As long as the SEC’s registration process requires a centralized issuer, it will be incoherent for crypto assets, meaningful disclosures will not happen, and the public will not have access to the material information that it needs,"…
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What is SLERF? Solana Meme Coin Flies as Developer Loses $10 Million in Presale Funds
SLERF’s launch came on the back of an ongoing narrative that has seen developers raising millions of dollars, usually in SOL tokens, on the promise of a meme coin airdrop. Some on-chain watchers estimate that over $100 million worth of…
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Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
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Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
One of them, which appears to have been written after FTX filed for bankruptcy, includes a list of options for how Bankman-Fried could address the bankruptcy situation. The options ranged from blaming the attorneys, appearing on former…
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Cosmos-Based Canto Blockchain Unveils ‘Cyclone Stack’ in Runup to Polygon Move
The Cyclone Stack will include upgrades aimed at scaling and improving performance of the blockchain.
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