Newsletter May 13, 2024
Dormant Bitcoin Account Worth $63K 10 Years Ago Awakens To The Tune of $30M

Dormant digital wallets are awakening after years of inactivity, triggering another wave of buzz among crypto holders at a time when Bitcoin prices are on the low.


SEC Tells Court Coinbase Can't Force It To Write Up New Crypto Rules

The SEC is pushing back on Coinbase's request for the regulator to establish new rules dedicated for the crypto sector, saying its existing regulations were adequate to rein in the emerging industry.

Hedge Fund Manager Sees Bitcoin's Boring Phase Lasting Up To 6 Months

Capriole Investments' founder has just issued a warning to Bitcoiners: the stagnant, boring phase of Bitcoin won't be short and sweet, but instead long and discouraging.

Morgan Stanley Reportedly Considers Allowing Solicited Bitcoin ETF Purchases

Morgan Stanley may trigger a significant shift in the way traditional banking institutions have dabbled into cryptocurrency offerings as it is reportedly exploring the possibility of allowing its brokers to recommend spot Bitcoin ETFs to clients.

Crypto Community Buzzes As Grayscale Withdraws Ethereum Futures ETF Application

Grayscale, which recently saw a reversal in activity around its spot Bitcoin ETFs, has withdrawn its application for Ethereum futures ETFs, raising questions among industry analysts and enthusiasts.

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