FTX
Recent research from Galaxy Digital estimates the total addressable market (TAM) size for Bitcoin ETF would be $14.4 trillion in the first year after launch
An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.
Bitcoin is considered a consensus-based store of value and a safe-haven asset, similar to gold. However, Bitcoin's performance is in stark contrast to its performance during the 2022 Russia-Ukraine conflict. Bitcoin and Ethereum both experienced declines after the conflict erupted.
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Last week marked the one-year anniversary of the Ethereum mainnet merge. With almost 1 million ETH burned being a major achievement and creating a deflationary effect, there is growing concern over staking centralization.
FTX got court approval to sell its crypto assets with a weekly selling limit.
With both low volatility and low volume, boredom dominates the market
Sam Bankman-Fried allegedly leaked private writings from his alleged co-conspirator to “influence public opinion” ahead of his trial this fall.
A lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.
The U.S. DOJ also wants to ban the disgraced FTX founder and all parties involved in the case from making any out of court statements in the future.