CRYPTO

Enthusiasm towards spot ETF approvals (and what that means for wider adoption) has prompted a resurgence in demand for cryptocurrencies with Bitcoin and Ethereum soaring this week.

Bitcoin has erased all the losses from the Terra stablecoin crisis…

Source: Bloomberg

And Ethereum is back above $2,000, outperforming bitcoin this week…

Source: Bloomberg

…after the ETH/BTC cross found critical support…

Source: Bloomberg

Financial (more…)

Bitcoin prices have exploded higher overnight, nearing $38,000, with the renewed bullish tone attributed to a combination of factors, including resurgent institutional interest, growing adoption, and a favorable macroeconomic climate.

Source: Bloomberg

For context, this price move has now erased the losses since the Terra stablecoin crisis 18 months ago…

Source: Bloomberg

As CoinTelegraph reports, while not expected until 2024, today, Nov. 9, marks (more…)

Authored by Omid Malekan via Medium.com,

Sam Bankman-Fried’s recent conviction inspired many front page stories, most of which read like obituaries. Not just of his time as a free man but also the broader dreams of crypto. It all makes me laugh because none of this will matter in the long run. The afroed and acronymed psychopath will be forgotten long before he gets out of jail.

Anyone who disagrees should take a moment to reflect on the importance of Bernie Ebbers to (more…)