🇧🇷 FTX customers in Brazil are preparing to file a class action lawsuit against FTX. news.bitcoin.com
🙅♂️ Bitstamp: FTT and CEL trading will be stopped from November 22nd.
bitstamp.net
bitstamp.net
💸 Ontario Teacher's, one of Canada's largest pension funds, will write off its entire investment in FTX for $95 million.
coindesk.com
coindesk.com
🔛 Man Group is preparing to launch a cryptocurrency hedge fund.
bloomberg.com
bloomberg.com
🙋♂️ KuCoin CEO confirms exchange is “fully liquid”, negotiates regulation and future of DeFi.
cryptoslate.com
cryptoslate.com
👀 Tether will transfer 1 billion USDT from the Solana network to Ethereum twitter.com
👀 Circle: Over the past seven days, the amount of USDC in circulation as of Nov. 16 has increased by about $2 billion, or about 4%.
🤖 CryptoAttack 🇬🇧
🤝 Itaú Asset, the investment fund of the largest bank in Latin America from AUM, offers a physically backed cryptocurrency ETF registered in Brazil through a partnership with Galaxy Digital theblock.com
🏦 Itaú, the largest commercial bank in Latin America with $400 billion in assets under management, will start offering cryptocurrency custody.
🕵️♂️ The SEC said it has opened administrative proceedings against Wyoming-based CryptoFed. The measure aims to suspend the registration of the offer and sale of Ducat and Locke tokens.
theblock.com
theblock.com
📊 In line with dYdX's transition to Cosmos and the drive towards full decentralization, the next fundamental change for the protocol as it evolves to V4 will involve changes to its governance structure.
To separate internal operations, the dYdX DAO will include several autonomous subsidiaries. Each subDAO will work on the core functionality of the protocol and will be accountable to the dYdX community.
To separate internal operations, the dYdX DAO will include several autonomous subsidiaries. Each subDAO will work on the core functionality of the protocol and will be accountable to the dYdX community.
👀 House subcommittee chairman requests documents as part of FTX crash investigation.
coindesk.com
coindesk.com
🤖 CryptoAttack 🇬🇧
📊 According to Coinglass, Grayscale Bitcoin Trust Fund (GBTC) negative premium increased to 42.7% and ETH Trust negative premium increased to 40.12%, both hitting record lows. grayscale statedthat she was not affected by the collapse of Genesis.
📉 GBTC is now at a 46% discount compared to the price of BTC - a new record.
📊 whalemap: The void between ~16k and 13k is evident in the volume profile chart. So holding 16k is the number one priority for BTC. Otherwise, the price will quickly move between such gaps.
However, BTC is very close to bottoming right now. 16k or 13k, only a 20% difference. We are also below the selling price, and have been below it for quite some time. These are good signs that accumulation is possible for large whales.
~73% of all bitcoins are now dormant in wallets for over a year.
However, BTC is very close to bottoming right now. 16k or 13k, only a 20% difference. We are also below the selling price, and have been below it for quite some time. These are good signs that accumulation is possible for large whales.
~73% of all bitcoins are now dormant in wallets for over a year.
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👀 SBF personally received $300 million of the $420 million raised in the 2021 FTX funding round, according to the WSJ.