BlackRock and Nasdaq Discuss Spot Bitcoin ETF with SEC

Key Takeaways BlackRock and Nasdaq met with the SEC to discuss the listing of a spot Bitcoin ETF, with BlackRock proposing two redemption models. The SEC’s decision to approve a spot BTC ETF is highly anticipated and could significantly impact mainstream crypto adoption. The SEC has a history of long consideration periods linked to …

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Binance Shows Financial Resilience Post Settlement with DOJ

Key Takeaways Nansen reported no major fund movement from Binance following a $4.3 billion DOJ settlement. Binance experienced a significant Ethereum outflow but maintained overall strong financial holdings. Amidst regulatory and leadership changes, Binance continues to face legal challenges, including the SEC lawsuit.

Tether and Bitfinex Agree to Drop Opposition to FOIL Request

Tether and Bitfinex place a high value on transparency, a core principle within the cryptocurrency industry. Our commitment to transparency is evident through our past actions, such as Tether dropping opposition to a New York Freedom of Information Law (FOIL) request brought by Coindesk earlier this year. However, it’s essential to clarify that transparency …

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Tether and Bitfinex Withdraw Opposition to New York FOIL Request

Key Takeaways Tether and Bitfinex have withdrawn their opposition to a New York FOIL request by major news outlets. The companies affirm a commitment to transparency but caution against full document disclosure. The background of the FOIL request is linked to Tether and Bitfinex’s 2021 legal settlement with the New York attorney general involving …

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Montenegro Court Gave a Green Light to Do Kwon’s Extradition

Key Takeaways Montenegro court approves Do Kwon’s extradition to South Korea or the US. The decision follows Kwon’s sentencing for using a forged passport. Kwon faces severe legal allegations in both South Korea and the US linked to the Terra ecosystem collapse.

Wallet of Satoshi Halts US App Store and Google Play Presence Despite Growth

Key Takeaways The Wallet of Satoshi disappears from US Apple and Google Play stores as it nears 1 million transactions in November. The app’s removal was a voluntary decision by its developers, with ongoing access for existing US users. The withdrawal occurs amid broader challenges and legal disputes involving crypto app policies on major …

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The Market’s Compass Crypto Sweet Sixteen Study

Welcome to this week’s publication of the Market’s Compass Crypto Sweet Sixteen Study #111. The Study tracks the technical condition of sixteen of the larger market cap cryptocurrencies. Every week the Studies will highlight the technical changes of the 16 cryptocurrencies that I track as well as individual highlights on noteworthy moves in certain …

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The Market’s Compass US Index and Sector ETF Study

Welcome to The Market’s Compass US Index and Sector ETF Study, Week #466. As always it highlights the technical changes of the 30 US Index and Sector ETFs that I track on a weekly basis and normally publish every third week. Paid subscribers will receive this week’s unabridged Market’s Compass US Index and Sector …

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