Newsletter Dec 11, 2023
Binance's Legal Trouble Far From Over; SEC Uses Newly Unsealed Court Records To Strengthen Case

The historic deal with U.S. authorities did not include a settlement with the SEC, which means the regulator can still pursue whatever legal action it plans against the exchange, including moving forward with a lawsuit it filed against Binance and its then-CEO Changpeng Zhao in June.


MicroStrategy's Michael Saylor Reveals How Bitcoin Bet Helps MSTR Compete With Magnificent Seven

Bitcoin was trading in the red zone at $43,950, which means the software and business intelligence company is now sitting on an unrealized profit of $2.390 billion.


Bitcoin ETF News: VanEck Files Fifth Amended Prospectus, Reveals Ticker

After BlackRock submitted another amended prospectus last week, VanEck followed suit with its fifth amendment, showing a unique Bitcoin ETF ticker, HODL.

Binance's CZ Could Be Deposed In Billion-Dollar Class-Action Lawsuit

The court filing comes a few days after a court sided with the U.S. Department of Justice and prohibited the crypto mogul from leaving the U.S. until his sentencing.

Bitcoin Nosedives Below $41K, Erasing Nearly A Week's Gain As Holders Take Profit

As the king of crypto briefly sunk below the $41,000 price level, it caused over $270 million worth of long positions to be liquidated.

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