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Bitcoin Crash Triggered By Failed $1 Billion Hedge Fund Spread Trade: Expert

The Bitcoin price has crashed from over $ 72,000 yesterday to as low as $ 65,500. As reported earlier today, there are several obvious reasons for this, such as the liquidation of extensive long positions on the red-hot futures market, expectations of a “higher for longer” policy by the US Federal Reserve as a result […]

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Bitcoin Spot ETF: Bitwise Closes Ranks With $200 Million Seed Fund

The competition among the Spot Bitcoin ETF issuers is heating up as the period for potential approval of these funds draws nearer. Asset manager Bitwise is the issuer currently making waves as it could potentially outrank the world’s largest asset manager, BlackRock, in terms of seed funds for their respective ETFs.  Bitwise’s Bitcoin ETF Could […]

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Animoca still bullish on blockchain games, awaits license for metaverse fund

Animoca Brands co-founder Yat Siu expects a number of its blockchain gaming investments to come to market by the end of 2023. Cointelegraph.com News

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Binance denies fund mismanagement allegations, calls it ‘conspiracy theory’

A mainstream report citing multiple insiders claimed that Binance mingled customer’s funds with corporate funds at Silvergate Bank. Cointelegraph.com News

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Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain

Venom Ventures Fund is allocating $ 1 billion to invest in Web3, blockchain and cryptocurrency projects and services. Cointelegraph.com News

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Binance aims to allocate $1 billion for crypto recovery fund

Binance CEO Changpeng Zhao is aiming to stockpile $ 1 billion for an industry recovery fund. Cointelegraph.com News

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FTX bankruptcy filing details, Binance’s crypto industry fund and a U.S. CBDC pilot: Hodler’s Digest, Nov. 13-19

Cointelegraph.com News

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Near Foundation sets up $40M fund to bail out USN investors in case of collapse

The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure. Cointelegraph.com News

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‘We need to learn what regulation works and what holds us back’ — Hedge fund exec

Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3. Cointelegraph.com News

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$200M BitGet BTC-USDT protection fund hints at investor-centric trend

Bitget’s reasoning behind using a combination of a stablecoin and Bitcoin in the protection fund is to counter massive unforeseen volatility in crypto markets. Cointelegraph.com News

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