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Will Evergrande’s collapse have a silver lining for crypto?

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This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen.

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Coin Market

Nvidia’s $20 billion debt boom reinforces Bitcoin miners’ AI pivot

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Nvidia’s planned bond sale reinforces booming AI infrastructure demand, strengthening the case for Bitcoin miners pivoting toward AI data centers.

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Coin Market

CFTC hires SEC crypto task force adviser with blockchain forensics chops

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The CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act.

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Kraken rolls out perpetual futures for US traders through CFTC-regulated venue

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The offering follows Kraken’s acquisition of Bitnomial and comes amid a broader push to bring crypto derivatives trading onshore.

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