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.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
BTCS used Ethereum to repay Aave debt and ended Q2 with just $317,000 in cash
Nasdaq-listed Ethereum infrastructure company BTCS swapped ETH into USDT to pay down Aave loans in the second quarter and ended Ju...
GnosisDAO Approves Gnosis Chain Shift Toward Ethereum Rollup Model
GnosisDAO has approved GIP-153, giving Gnosis Chain a governance mandate to move toward becoming a ZK-proven Ethereum rollup rathe...
Trump wants the US to become a Bitcoin whale, but Congress controls the wallet
President Donald Trump said on Aug. 20 that the US is considering accumulating sizable amounts of Bitcoin and other cryptocurrenci...
Ethereum Jumps 18% As Spot Volume Surges Across Exchanges
Ethereum surged 18% intraday as spot trading volume jumped sharply across major global exchanges, putting ETH back at the center o...
Ethereum ETF Pulls $221M as ETH Eyes Another Breakout
Ethereum is back in the spotlight after U.S. spot Ethereum ETF pulled more than $220 million in fresh capital on August 20. The fu...
Attackers drove 63% of early use of Ethereum’s new smart wallet feature
Ethereum's shortcut to smart wallet behavior arrived with a new trust problem: a wallet can make a regular address programmable wi...