Bitcoin Price Breaks Out Above $72K
We're getting close to setting a new BTC ATH which stands at $73k. Market moves upwards cause spike in short liquidations. Plus the news, reports, stats, and top funding rounds of the week.
Robinhood Launching Sports Betting Prediction Markets
The trading app is offering the NFL and NCAA betting service via Robinhood Derivatives, and is in partnership with Kalshi.
Do Kwon of Terra Pleads Guilty
Terraform Labs Pte. co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the $40 billion collapse of the TerraUSD stablecoin in 2022.
SEC Declares Liquid Staking Outside of Securities Laws
Because the liquid staking activities do not constitute securities offerings, participants in such practices do not need to register with the SEC.
SEC Approves In-Kind Redemptions for Spot Bitcoin and Ethereum ETFs
The decision allows authorized participants to create and redeem ETF shares directly in BTC or ETH, rather than USD.
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