FTX Estate Wants to Hedge Bitcoin, Ethereum With Mike Novogratz's Galaxy Digital
FTX wants to also sell and stake some of its crypto, hedging the company from “extreme and unpredictable price movements,” says a new filing.
Original source
Read on DecryptRelated market context
Tether USDT Briefly Overtakes Ethereum in Market Cap: A $187B Wake-Up Call
For a few hours, earlier this week, Tether USDT stablecoin held a higher market cap than Ethereum, the first time that has happene...
Bitcoin sales are necessary for Strategy's digital credit business, Saylor says
Strategy's recent Bitcoin sale appeared to clash with Saylor's "never sell" mantra, but he says the move reflects how the company'...
Crypto’s World Cup play: Kraken, Chainlink, and Algorand stake claims while USMNT sits on the sidelines
The USMNT's lack of crypto partnerships highlights missed opportunities for fan engagement and revenue in a rapidly growing digita...
CFTC Staff No-Action Letter Opens Path For True Digital Commodity Perpetuals
TL;DR CFTC staff issued no-action guidance related to digital commodity perpetual futures. The relief applies to CFTC-registered d...
Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets
Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth. The po...
Crypto Today: Bitcoin ETF Rumours, Ethereum Strength, and Mining Heat for Canadian Homes
Bitcoin ETF rumours lift sentiment, Ethereum recaptures $3,800, and North Vancouver uses mining heat for homes. Coinbase unveils p...