Investors accuse Wintermute of facilitating Celsius wash trading

A group of crypto investors has accused Wintermute Trading Ltd., a leading cryptocurrency market maker, of colluding with bankrupt crypto lender Celsius Digital and its former chief executive Alex Mashinsky to deceive them. According to a Bloomberg report, a group of Celsius investors who initially filed a lawsuit against former CEO Alex Mashinsky and several of the company’s top executives in July 2022 has amended the lawsuit to include Wintermute. Wintermute Trading Ltd., one of the biggest cryptocurrency market makers, was accused in a proposed class-action lawsuit of helping former…

Bitcoin BTC Price Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data

Ether (ETH), the second largest crypto in market value, followed a similar path to BTC, dipping around the time of the BitGo announcement via Twitter but then regaining ground to recently change hands near the $1,900 threshold it reached on Wednesday for the first time since the beginning of June. ETH was recently up a few fractions of a percentage point. Most other major cryptos were largely in the green, albeit not as impressively as the previous day. ADA and DOT, the tokens of smart contract protocols Cardano and Polkadot,…

Bitcoin BTC Price Holds Firm Above $30.1K as Investors Savor BlackRock, Other Spot BTC ETF Filings

Bitcoin (BTC), the world’s largest cryptocurrency by market value, rallied over the past 24 hours after various traditional finance firms announced moves into the crypto market, indicating bullish sentiment. eToro US investment analyst Callie Cox shared her crypto markets analysis. Plus, Lindsey Grossman, the business lead at Bitkey, Block’s bitcoin wallet, joined “First Mover” to discuss teaming up with Coinbase and Cash App, along with the launch of Bitkey’s external beta sign-ups. And, Axelar CEO and co-founder Sergey Gorbunov shared his reaction to the Uniswap Foundation’s recent bridge assessment report.…

Bakkt research shows investors remain interested in crypto despite regulatory uncertainties

Bakkt Holdings’ research report reveals sustained interest in cryptocurrencies among market participants, emphasizing the need for regulatory clarity in driving adoption. Fintech firms a gateway for crypto adopters In its latest crypto ecosystem study, Bakkt Holdings Inc (NYSE: BKKT) delved into the sentiments, adoption rate, and concerns of over 2,000 U.S. residents who own or are interested in cryptocurrencies.  The study sheds light on their attitude toward crypto regulation, consumer protection, and the factors influencing their interest in digital assets. Despite the recent negative volatility in the global digital assets…

New Crypto Exchange Backed by Fidelity, Schwab and Citadel Launches With Additional Investors

One thing that separates EDX Markets from other crypto exchanges is that it doesn’t custody customers’ digital assets. Instead, users will have to go through financial intermediaries to buy and sell crypto assets, similar to how trades are executed on the New York Stock Exchange (NYSE) or the Nasdaq (NASDAQ). Regulators like the different approach, Nazarali said, because they think it’s important that there’s separation between the exchange function and the broker dealer function. Source

BTC Is Becoming Illiquid at 147K a Month in Signal Long-Term Investors Are Accumulating

Glassnode’s illiquid supply change metric, which measures the number of coins held by illiquid wallets on a specific date compared with the same day the previous month, rose to 147,351.58 BTC ($3.9 billion) on Monday, the most since Dec. 19. The total held by illiquid entities has jumped to a record high 15,207,843 BTC, with the tally increasing by 215,000 BTC in the past four weeks alone. Source

early bitcoin and ethereum investors exploring InQubeta 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto is changing rapidly. People who invested in bitcoin (BTC) and ethereum (ETH) early on are now examining the next opportunities. InQubeta (QUBE) has generated interest from seasoned and novice cryptocurrency enthusiasts due to its unique and innovative approach. Its potential impact on the market is noteworthy. As the crypto market continues to evolve, InQubeta stands out as a decentralized finance (DeFi) project that can redefine industries and shape the future of decentralized technology. The secret behind…

InQubeta aims to redefine presale fundraising as crypto investors participate

In the constantly changing crypto landscape, InQubeta, an AI and blockchain startup, aims to reshape presale fundraising. Its platform and strategies have caught the interest of crypto investors searching for opportunities in the field. InQubeta is redefining the AI industry Startups can raise funds before their launch through presale events. Early investors can buy tokens at a lower price during these fundraisers, increasing their chances of earning profits when the project gains momentum. InQubeta has improved this idea to provide a better presale experience for investors. What distinguishes InQubeta is its…

BlackRock’s Bitcoin ETF Proposal Gives Hope to Traders and Investors

“An estimated 20% of Americans have now owned bitcoin at some point. BlackRock’s proposed ETF potentially offers the other 80% an option that is altogether more familiar and accessible,” said Sui Chung, CEO of CF Benchmarks, in an email to CoinDesk. “BlackRock’s increasing engagement shows Bitcoin continues to be an asset of interest for some of the world’s largest financial institutions.” Original