State of Wisconsin Announces $164M in Spot Bitcoin ETF Investments

As an experienced financial analyst, I find this news highly significant in the evolving world of digital assets. With the State of Wisconsin Investment Board (SWIB) investing in spot Bitcoin ETFs like BlackRock iShares Bitcoin Trust (IBIT) and Grayscale Bitcoin Trust (GBTC), we are witnessing another major institutional player entering the crypto space. The Wisconsin … Read more

Former CFTC Chair joins Paxos board of directors

As a crypto investor with a background in traditional finance and a keen interest in regulatory developments, I’m thrilled to see former CFTC Chair J. Christopher Giancarlo join Paxos’ board of directors. His expertise and understanding of complex market dynamics will be invaluable as the company navigates the evolving regulatory landscape for digital assets. I … Read more

Tether froze $5.2m USDT from suspected scammers

As a researcher with extensive experience in the cryptocurrency space, I’ve witnessed firsthand the persistent threat of phishing scams and other malicious activities within the ecosystem. The recent incident involving Tether freezing around $5.2 million USDT on suspected phishing scammer addresses is a concerning reminder of this reality. Approximately $5.2 million worth of USDT stablecoins, … Read more

Bloomberg analyst: Ethereum ETF approval unlikely

As an experienced financial analyst, I have closely followed the developments in the world of cryptocurrencies and exchange-traded funds (ETFs). Based on my understanding of the current regulatory landscape and the recent statements from industry experts like Eric Balchunas and James Seyffart, I believe that the odds of approval for spot Ethereum ETFs are extremely … Read more

Polymarket raises $70m backed by Peter Thiel’s VC firm

As an analyst with a background in fintech and regulatory compliance, I find the development around Polymarket and its investment from Founders Fund intriguing. The platform’s unique business model, which allows users to bet on political events, has attracted significant attention and investment. However, it also faces challenges from regulators like the CFTC, which have … Read more