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Latest from Sam Reynolds
Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says
Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.
BC Technology Denies Report of $128M Crypto Exchange Sale
Firm calls report by Bloomberg “factually inaccurate and highly misleading.”
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI, and CPI Data.
Stars Arena Recovered 90% of the Funds Lost to Hack After Bounty Paid
The social app on Avalanche was drained for $3 Million last week.
Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.
Bitcoin Hovers Above $27,000 as U.S. Stocks Advance
Meanwhile, bitcoin's dominance continues to climb.
Taiwanese Crypto Trader's 6-Cent Fee Leads to $310K Win in Tax-Receipt Lottery
Sometimes, being tax-compliant pays off.
Hong Kong Stock Exchange Launches Blockchain-Based Settlement Platform
HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.
Alameda Was ‘Business as Usual’ Before Collapse: Ex-Engineer
Security and risk checks were “poor” at the company, but the implosion of the trading firm came as a surprise to insiders, the former employee said.
When SRM Shot Up in Value, Sam Bankman-Fried Changed the Rules for His Workers, Michael Lewis Says
Michael Lewis’ “Going Infinite” outlines how the FTX CEO was worried his employees had gotten too rich because SRM’s price had gone up so much. So, he made them wait longer to sell.
