Crypto

Source: Coin Tegraph If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam. Read Full Article

Source: Bitcoinist The Bitcoin market has been closely analyzed by a CryptoQuant analyst named Percival, who recently provided insights into Bitcoin’s realized cap and net capital flows. The realized cap is a metric that tracks each Bitcoin (UTXO) when it was last moved on the network, effectively representing the cost basis of all circulating coins….

Source: Coin Tegraph Bitstamp’s Bobby Zagotta said Ether ETFs came at a “burdened moment” for risk assets but was optimistic things would pick up at the end of the year.  Read Full Article

Source: Bitcoinist As the world’s largest asset manager and issuer of crypto exchange-traded funds (ETFs), BlackRock, solidifies its foothold in the industry, the firm’s Head of Digital Assets, Robbie Mitchnick, recently made interesting statements on key issues regarding BlackRock’s position and vision of the financial landscape.  In a recent interview with Bankless, Mitchnick outlined BlackRock’s…

Source: Coin Tegraph If the Fed cuts rates by just 25 bps, “crypto will likely fall along with that,” said CEO of crypto hedge fund Asymmetric, Joe McCann. Read Full Article

Source: Bitcoinist Global exchange Binance has addressed the “misleading” claims made by hacked trading platform WazirX, denying any involvement with the Indian exchange and demanding “accountability” from its team after the $235 million crypto heist. The clarification comes after WazirX’s team suggested that users might have to wait until the dispute between the hacked exchange’s…

Source: Coin Tegraph Crypto influencer “Professor Crypto” deleted posts of him celebrating the award shortly after being accused of using bots to boost his following. Read Full Article

Source: Bitcoinist By being the first Asian bank providing over-the-counter (OTC) crypto options and structured notes, Singapore’s DBS Bank is creating waves in the financial industry. Originally scheduled for Q4 2024, these products will mostly target institutional investors and accredited wealth clients, giving them more investment options connected to significant cryptocurrencies like Bitcoin and Ethereum….

Source: Coin Tegraph RBA Assistant Governor Brad Jones said the potential benefits of a retail CBDC in Australia appear modest or uncertain at present. Read Full Article

Source: Coin Tegraph One center will focus on developing industry standards for responsible AI use, while the other will support projects that address “key societal goals.” Read Full Article