❗️ SEC Approved 11 Bitcoin ETFs:
1️⃣ Grayscale Bitcoin Trust ETF
2️⃣ Bitwise Bitcoin ETF
3️⃣ Hashdex Bitcoin ETF
4️⃣ iShares Bitcoin ETF
5️⃣ Valkyrie Bitcoin ETF
6️⃣ ARK 21Shares ETF
7️⃣ Galaxy Bitcoin ETF
8️⃣ VanEck Bitcoin ETF
9️⃣ WisdomTree Bitcoin ETF
1️⃣0️⃣ Fidelity Wise Bitcoin ETF
1️⃣1️⃣ Franklin Bitcoin ETF
I just moved my profile to a new wallet, thanks to the profile guardian lock period.
If losing some money is painful, losing my on-chain social capital would have been devastating. Legacy social media does not understand or does not care about this.
Lens is doing some really thoughtful work. Stand-up claps.
⚡️ ✨ Explore Zora ✨ ⚡️
There’s now a new Featured on Zora section and page on the Buttrfly Explore screen, so you you can explore content on Zora and mint it directly in the Buttrfly mobile app.
Liquidity Trends Suggest 'Uptober' Could Be the Start of a New Crypto Bull Run
It was hard not to take notice of the “uptober” crypto rally. Bellwether BTC was up over 35% since October, and assets such as LINK and SOL are up two or three times that much.
Less explored, though, are the liquidity trends underpinning this price action. Observing these can help us gauge where we are in the cycle and thus navigate what the future market might hold.
This post is part of Consensus Magazine's Trading Week, presented by CME.
As we highlighted for CoinDesk earlier in the year, price changes with low trading volumes are less reliable indicators than those with higher volumes. Low volumes suggest limited market participation at a particular price level, potentially leading to greater price volatility and reduced market depth.
Conversely, higher trading volumes signify broader market participation, indicating a stronger consensus and offering a more dependable basis for price movements, thereby bolstering the credibility of the signal.
Trade volume recovery in BTC and ETH, the most watched liquidity metric, is eye-catching. Two of the top-15 trading volume days since the market top two years ago were recorded during this recent rally. And most of the other high-volume days happened as dramatic company failures were taking place in 2022, or as several mid-sized U.S. banks got into difficulty in March 2023. BTC Spot volumes, which until September were breaking three-year lows, have steeply recovered and are now approaching six-month highs.
Read the remaining article here: www.coindesk.com/consensus-magazine/2023/11/10/liquidity-trends-suggest-uptober-could-be-the-start-of-a-new-crypto-bull-run/
Standard Chartered unit, SBI Holdings team up to invest $100 million in crypto startups
SC Ventures, the investment arm of the Standard Chartered bank, and SBI Holdings, the Japanese financial conglomerate, have partnered to set up a $100 million crypto vehicle in the United Arab Emirates.
The vehicle, in the form of a joint venture, plans to invest in crypto across areas such as decentralized finance, tokenization, infrastructure, payments and the metaverse, the two companies said Thursday. It aims to invest globally, covering seed to Series C funding rounds.
The news comes with crypto markets showing signs of recovery, hinting at potentially bullish sentiment. Bitcoin is currently trading at about $36,800, marking a year-to-date gain of over 120%. Spot crypto trading volume on centralized exchanges also increased in October following four months of decline. If those metrics point to renewed interest in crypto, it is likely in anticipation of a spot bitcoin ETF approval early next year.
www.theblock.co/post/262317/standard-chartered-unit-sbi-holdings-crypto
FTX Sues Crypto Firm Bybit to Recover Assets Worth $953 Million
FTX claims Bybit affiliate used “VIP” status to withdraw funds Bybit’s Mirana withdrew $327 million just before FTX pause
FTX’s bankruptcy advisers sued crypto exchange Bybit Fintech Ltd and two corporate affiliates to recover cash and digital assets valued at roughly $953 million that was withdrawn from Sam Bankman-Fried’s crypto exchange before it filed Chapter 11 a year ago.
The lawsuit filed Friday in Delaware court alleges Bybit’s investment arm, Mirana Corp., had special “VIP” benefits, which most FTX customers didn’t have, and used those special privileges to get most of its assets off Bankman-Fried’s platform before it collapsed in November 2022.
really nice looking game.