Sam is found guilty

Solana rallies from institutional demand, and a short-Ether ETF launches

Welcome to the Daily Digest! Sam Bankman Fried has been found guilty, Solana rallies from institutional demand, and a short-Ether ETF launches

Market Update

News

Bitcoin's Volatility Highlights Potential Growth as 'Exponential Gold'

Fidelity Investments Director sees Bitcoin as a hedge against economic instability, predicts $100,000 price by 2023 | Read More

SEC Subpoenas PayPal Over PYUSD Stablecoin, Raising Regulatory Concerns

SEC's document request to PayPal highlights increased scrutiny on stablecoins and potential impact on the broader cryptocurrency industry | Read More

ProShares Launches SETH: World's First Short Ether-Linked Futures ETF

New ETF allows traders to profit from a drop in ether's price, expanding ProShares' crypto portfolio | Read More 

Satoshi-Era Bitcoin Wallets Awake, Transfer $230 Million Worth of BTC

Dormant wallets dating back to the early days of Bitcoin network suddenly become active, sparking speculation on owners and reasons behind the transfers | Read More

Coinbase Reports Strong Q3 Results Despite Decline in Transaction Revenue

USDC Stablecoin Interest Income Rebounds, Net Loss Posted, and Ongoing Battle with SEC | Read More

National Bank of Georgia Partners with Ripple to Develop Digital Lari

Ripple's CBDC Platform chosen to implement and deploy Georgia's central bank digital currency pilot | Read More

Solana's Rally Fueled by Coinbase Users and Institutional Interest

Coinbase's larger order sizes and institutions' growing interest contribute to Solana's surge | Read More

Dubai's Virtual Assets Regulatory Authority Grants Initial Approval to WadzPay

WadzPay moves closer to obtaining a full VASP license, highlighting Dubai's position as a crypto-friendly jurisdiction | Read More

FTX Founder Found Guilty in $8 Billion Fraud Case

Sam Bankman-Fried faces up to 110 years in prison for defrauding customers and lenders, raising questions about corporate compliance in the crypto industry. | Read More

MicroStrategy's Bitcoin Investment Yields Nearly $1 Billion Profit

Business intelligence company's long-term strategy pays off as Bitcoin investment soars in value | Read More