Crypto product inflows in 2023 surpass last year’s total by over $30 million

Crypto product inflows for this year have eclipsed the total for the previous year despite having a few weeks left in the calendar, according to CoinShares’ latest weekly report. Per the report,... Read more »

Crypto lawyer John Deaton believes Ripple has 90% chance of winning SEC lawsuit

Well-known cryptocurrency attorney John Deaton believes that the SEC only has a 10% chance of winning its dispute with Ripple, with 90% odds in the company’s favor. Deaton said that a settlement... Read more »

Market turns green as BTC climbs past $35K despite weekend lull

Bitcoin (BTC) broke the $35,000 resistance level early morning on Nov. 5 and has maintained its value above that level in the ensuing hours, pointing to positive market sentiment despite the weekend... Read more »

SBF will likely serve 25 years rather than max sentence, former DOJ prosecutor says

Former FTX CEO Sam Bankman-Fried may not receive a maximum sentence, CNBC said on Nov. 4, citing statements from former government prosecutors. Renato Mariotti, once a prosecutor within the U.S. Department of... Read more »

New growth in top stablecoin supply could signal a return of on-chain liquidity

Quick Take The recent data analysis illuminates an intriguing trend: a return to growth in the supply of the top five stablecoins – USDT, USDC, BUSD, TUSD, and DAI – after a... Read more »

US Treasury sanctions Russian national for helping oligarchs evade sanctions with crypto, cash, and real estate

The U.S. Department of the Treasury and its Office of Foreign Assets Control (OFAC) sanctioned a Russian businesswoman on Nov. 3. The agency said that Russian national Ekaterina Zhdanova helped the country’s... Read more »

XRP gains approval from Dubai Financial Services Authority

Ripple announced on Nov. 2 that the XRP token has been approved under the Dubai Financial Services Authority (DFSA)’s virtual assets regime. That approval means that virtual asset firms will be able... Read more »

Dune Analytics enables natural language queries with DuneAI

4Dune Analytics has unveiled a series of enhancements aimed at improving accessibility and usability for its users. The new features, encompassing DuneAI, Dune Data Hub, and Dune Alert, are set to revolutionize... Read more »

MicroStrategy bought $167M worth of Bitcoin in Q3 2023, holds over $4B total

Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further... Read more »

Bitcoin options market expands, overtakes futures open interest

Quick Take A remarkable shift is afoot in the Bitcoin options and futures markets. For the first time since March, options open interest overtook futures open interest, showcasing an intriguing dynamic in... Read more »
Dip Your Toes in Crypto Blog