Wednesday, October 14

Crypto

Former Silvergate Exec Sheds Light SEC Settlement

The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a “multi-year battle” in court, where she was accused of misleading investors about anti-money laundering rules and…

Hyperliquid ETF Volumes Rise 50% Due to Well-Timed Launches

US-based exchange-traded funds tied to HYPE recorded a 50% trading volume jump on Wednesday, in a rare move for newly debuted ETFs, according to analysts. Two Hyperliquid (HYPE) ETFs from issuers Bitwise and 21Shares have recorded nearly $41 million in total…

SpaceX Unveils Larger-Than-Expected Bitcoin Stash

Elon Musk’s aerospace company SpaceX reported holding 18,712 Bitcoin worth $1.45 billion in a recent filing, over 10,000 coins more than blockchain tracking firms had estimated. In the company’s S-1 registration statement, filed as part of its bid to become a…

Bitcoin Rallies Back Into Range Even As Investors Spot Risks

Key takeaways:$2 billion in spot Bitcoin ETF outflows spark downside fears, but this metric is typically backward-looking.A sustained discount on stablecoins in China signals broad capital flight from cryptocurrency markets.Bitcoin (BTC) reclaimed $77,000 on Wednesday as broader risk markets saw…

Coinbase Launches USDC-Backed Stablecoin with Flipcash

Coinbase launched USDF with Flipcash, a Solana-based stablecoin backed 1:1 by Circle’s USD Coin, as the crypto exchange expands its infrastructure business for companies issuing branded digital currencies.According to Wednesday’s announcement, USDF is designed to serve as the settlement asset…

Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC

Bitcoin (BTC) demand on Coinbase points to early signs of market stabilization as BTC reclaimed the upper bounds of its range highs. The 14-day trend of the Coinbase Premium Index has remained in an uptrend, suggesting steady buyer interest despite…

Bitcoin Reclaims .5K As Altcoins Finally Show Strength

Key points:Bitcoin is at a critical juncture, as a close below $76,000 may deepen the pullback toward $70,000.HYPE and ZEC are in an up move, but most other major altcoins are struggling to find support. Bitcoin (BTC) has risen above $77,500, but…

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