News Recap 2023 #Week50
• Matrixport’s $45K End of Year Target for Bitcoin Looks to Be Accurate Predicting the price of bitcoin (BTC) has historically been as accurate as looking into a crystal ball, with all sorts of past price predictions that have been way off the mark – some hilariously so. But Matrixport seems to have nailed it this year – […]
News Recap 2023 #Week49
• Over 75% of Web3 games ‘failed’ in last five years: CoinGecko More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko. Out of 2,817 games launched between 2018 and 2023, which were included in the study, only 690 of them […]
News Recap 2023 #Week48
• Grayscale met with SEC to discuss spot Bitcoin ETF details Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin trust, which the firm wants to convert to a spot Bitcoin exchange-traded fund (ETF). Grayscale detailed that it had entered a transfer agency and […]
News Recap 2023 #Week47
• BlackRock files S-1 form for spot Ether ETF with SEC BlackRock, the world’s largest asset manager, officially filed for a spot Ether exchange-traded fund (ETF) with the United States Securities and Exchange Commission (SEC) on Nov. 15. The Ether ETF, dubbed the iShares Ethereum Trust, aims to “reflect generally the performance of the price of […]
News Recap 2023 #Week46
• SEC’s first window to approve all 12 spot Bitcoin ETFs to begins November 9th The United States Securities and Exchange Commission could approve all 12 of the pending spot Bitcoin exchange traded fund (ETF) applications within the next eight days. Bloomberg ETF analysts James Seyffart and Eric Balchunas wrote that starting from Nov. 9 in […]
News Recap 2023 #Week45
• Fed holds rates steady, upgrades assessment of economic growth The Federal Reserve on Wednesday again held benchmark interest rates steady amid a backdrop of a growing economy and labor market and inflation that is still well above the central bank’s target. In a widely expected move, the Fed’s rate-setting group unanimously agreed to hold […]
News Recap 2023 #Week44
• Mastercard partners with crypto payment firm MoonPay for Web3 services Global payment giant Mastercard continues exploring cryptocurrency benefits through a new collaboration with crypto payment platform MoonPay. MoonPay officially announced on Oct. 25 a partnership with Mastercard aiming to jointly explore how Web3 tools can improve experiential marketing or find new ways to connect with […]
News Recap 2023 #Week43
• SEC Won’t Appeal Loss in Grayscale Case, Boosting the Odds GBTC Can Become a Bitcoin ETF The Securities and Exchange Commission won’t appeal a court’s scathing reversal of its decision not to let Grayscale convert its bitcoin trust into a more investor-friendly exchange-traded fund, according to a person familiar with the matter, possibly clearing […]
News Recap 2023 #Week42
• Caroline Ellison & SBF Conspired to Keep Bitcoin Under $20k Former Alameda Research CEO and the ex-girlfriend of SBF Caroline Ellison testified Wednesday that Sam Bankman-Fried conspired to sell Bitcoin to artificially suppress prices below $20,000. Appearing in FTX’s criminal fraud trial on Wednesday, Ellison said SBF directed Alameda to dump BTC acquired from […]
News Recap 2023 #Week41
• US Added Over Half Bitcoin Market Cap in Debt in a Day On October 4, Bitcoin pioneer Samson Mow compared the epic debt increase to Bitcoin’s market cap. It turned out to be more than half of that figure, around $267 billion. “That’s something like 10 million BTC. And yet there are still people that […]
