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ETH valuation metric is ‘heating up,’ but analyst says it’s not overvalued

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CryptoQuant CEO Ki Young Ju noted that while Ethereum’s MVRV is rising quickly, onchain activity levels suggest it may not be overvalued.

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Coin Market

South Korea crypto sector warns AML proposal goes too far: Report

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Crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap reported.

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Coin Market

GameStop makes $55.5B offer to buy eBay in surprise takeover bid

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GameStop proposes a $55.5 billion cash-and-stock takeover of eBay, disclosing a 5% stake and says CEO Ryan Cohen would lead the combined company.

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Capital B raises $1.3M from Adam Back for Bitcoin strategy

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The Blockstream CEO subscribed to 10 million warrants as Capital B pushes ahead with its Bitcoin treasury strategy.

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