This week on Crypto Twitter: ETF Preppers and Whistleblowers

This week on Crypto Twitter: ETF Preppers and Whistleblowers


Description by Mitchell Prefer for Decrypt.

Prices rose for the second week in a row on focused speculation over whether asset management titan BlackRock will soon launch a Bitcoin spot ETF in the US.

The possibility of an ETF is increasing. Several companies have filed recent filings with the SEC, and BlackRock isn't necessarily winning the race. On Monday, the US Court of Appeals issued the much-anticipated injunction after the SEC upheld the SEC's earlier denial of Greyscale's application.Arbitrary and cunningHe said.

Either way, cloud software company MicroStrategy was reaping the rewards of becoming crypto's biggest institutional whale this week when its $5 billion Bitcoin war chest returned to the green.

Bloomberg ETF expert Eric Balchunas has an interesting take on BlackRock. The recently revised prospectus For ETF App. Amendments to the memorandum include recognition of competition in the race to obtain ETF approval and detailed explanations of the product's pricing and reporting methods.

Binance

According to a screenshot tweeted by @PillageCapital, the crowdfunding was also on Monday.

That day blockchain sleuth @ZackXBT tracked some serious dark web money flows.

On Tuesday, crypto journalist Joe Berhan noticed a tick for BlackRock's iShares Bitcoin Trust, IBTC. Listed. At the Depository Trust & Clearing Corporation (DTCC) – a giant clearing and settlement company that clears NASDAQ trades. But it was after that removed. and then added back to DTCC's ETF list.

Failed crypto lender BlockFi, which filed for bankruptcy. Shortly after FTXdeclared bankruptcy.

Pro-crypto Republican and House Majority Whip Tom Emmer has tweeted his unequivocal support for Trump in next year's presidential election.

A distressing video of how a hybrid AI/crypto scam targeted him has made the rounds on various social media platforms, including Twitter.

“I am a fraud that exposes the evil deeds they have done [3AC co-founders] Su Zhu, Kyle Davis and [CoinFLEX founder] Mark Lam” hit Twitter on Thursday with a laundry list.

Finally, news broke that day that Ryder Ripps and Jeremy Cahen were unable to convince a US District Judge that they did not illegally own the BAYC franchise, the Yoga Labs trademark.

Edited by Ryan Ozawa.

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