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Coin Market

Genesis Trading reveals $175M of funds are locked in FTX

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Genesis Trading is the latest firm to declare exposure to FTX and may look to its parent company for help as it did after the 3AC bankruptcy.

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Coin Market

Fireblocks disputes report of $2.5B Visa acquisition talks

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Fireblocks told Cointelegraph that reports of a potential $2.5 billion acquisition by Visa are “not true at present time,” while Visa declined to comment on the reported talks.

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CryptoQuant CEO calls rising Bitcoin hashrate ‘indirect bullish signal’ from institutions

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Public miners backed by major TradFi players are coming back online, boosting Bitcoin’s hashrate, a positive sign for BTC’s fundamentals, according to CryptoQuant’s Ki Young Ju.

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Coin Market

Bitcoin ETF buyers are trend followers, not setters, DWF Labs says

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DWF Labs research finds that Bitcoin ETF flows follow past BTC price movements rather than predict future returns, with investors buying rallies and selling dips.

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