Page 1420 – Stay sly and hodl

Bitcoin Price Rally Puts Focus on Futures Spread That Underscores Need for Spot ETFs

Observers call for spot-based bitcoin ETF as the bull market raises cost of pre-expiry rollover of positions for futures-based ETFs.

BlockFi Bankruptcy Plans Opposed by FTX, Three Arrows, and SEC

Multiple defunct crypto companies are now scrambling to resolve complex financial ties as they seek to repay creditors and customers

Bittrex Faced Enforcement Action From Florida Regulator Ahead of Bankruptcy

The state’s financial regulator accused the U.S. firm of violating multiple state laws, and was looking to explore settlement avenues, court filings show.

EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance

Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.

EU Metaverse Strategy Set to Examine Privacy, Competition and Rights

A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.

Bitcoin Could Rally to $125K by End-2024: Matrixport

The bullish forecast is consistent with bitcoin’s tendency to chalk out sharp uptrends in months after the mining reward halving. The fourth halving is due in early 2024.

CryptoQuant Parent Raises $6.5M Round Led by Atinum Investment

The latest round brings the company’s total capital raise to $9 million.

Celsius, Ex-CEO Alex Mashinsky Broke CFTC Rules: Bloomberg

CFTC could bring a case against Celsius by the end of the month, if its commissioners agree with the findings.

First Mover Asia: Bitcoin Near $30K Remains Unmoved by BlackRock CEO Comments, Hawkish FOMC Minutes

PLUS: A candidate to become Thailand’s next Prime Minister owns bitcoin, ether, BNB and ADA. Here’s why the disclosure by Pita Limjaroenrat matters.

Circle Considers Issuing Stablecoin in Japan Under New Rules

The issuer of the USD coin is considering introducing a stablecoin in Japan, under the country’s new regulatory framework.