A London-based crypto market maker, Wintermute, has established a United States subsidiary registered as a broker-dealer with the Securities and Exchange Commission (SEC) and Financial
Tag: Trading
Second Circuit Upholds SBF’s Sentence, Limits Release Options
The US Court of Appeals for the Second Circuit has affirmed Sam Bankman-Fried’s conviction and sentenced him to 25 years in federal prison following a
BlackRock to Implement Reverse Share Split for Ethereum Trust ETF
The BlackRock Ethereum Trust ETF (ETHA) is set to undergo a one-for-three reverse share split, effective October 6th. This move aims to lower trading costs
LBank Partners with Pudgy Penguins to Expand Beyond Trading
A strategic alliance between LBank and Pudgy Penguins is underway, reflecting a wider shift within the cryptocurrency exchange sector. The collaboration aims to integrate crypto
Spot Bitcoin ETFs Attract $382 Million as Custody Concerns Rise
US-listed spot Bitcoin exchange-traded funds experienced a surge in capital inflows totalling $382 million over two days, following reports concerning the recent Coldcard hack. The
Bitcoin Futures Underperform U.S. Treasuries as Carry Trades Lose Luster
Bitcoin futures have consistently underperformed U.S. Treasuries since February, with carry trades yielding just 3% compared to an average 3.8% return on two-year Treasuries. This
