Funding rates for Bitcoin perpetual futures markets have flipped positive across exchanges for the first time in months, suggesting a bullish bias. Open interest is also slowly rebuilding after a wave of liquidations during the initial price surge — link
In October, MicroStrategy acquired an additional 155 BTC for $5.3 million and now holds 158,400 BTC — link
SBF's closing argument: Prosecution's 'movie villain' narrative lacks any clear motive — link
Swiss bank launches Bitcoin and Ether custody and trading services, in partnership with SEBA — link
Hong Kong sets out requirements for asset tokenization in light of ‘market demand’ — link
PayPal received a subpoena from U.S. SEC division of enforcement relating to PYUSD stablecoin — link
On Coinbase, BTC and ETH account for the majority of volumes, at 36% and 22%, respectively. Altcoins account for just 31% while stablecoins represent 10%.
However, on Korean exchanges, the vast majority of volume comes from altcoins. On Upbit, just 2% of its volume has come from ETH and just 9% from BTC — link
However, on Korean exchanges, the vast majority of volume comes from altcoins. On Upbit, just 2% of its volume has come from ETH and just 9% from BTC — link
Sam Bankman-Fried found guilty on all seven criminal fraud counts, sentencing set for March 28, 2024 — link
Bitcoin settled more than 40 million transactions in a single quarter for the first time since its inception in Q3 of 2023 — link
Digital asset investment products saw inflows totalling $261m, representing the 6th week of consecutive inflows that now totals $767m, surpassing the total inflows of $736m seen in 2022 — link
Digital assets were involved in almost half of all charges brought by the CFTC in record-setting year — link