Concise Crypto News

Will Bitcoin bulls or bears benefit from this week’s $9.25B BTC options expiry? The Bitcoin halving hype has long passed, and this month’s massive options expiry provides insight into the future of the current BTC bull market. https://cointelegraph.com/news/will-bitcoin-bulls-or-bears-benefit-from-this-week-s-9-25b-btc-options-expiry

U.S. moves $240m Silk Road Bitcoin to Coinbase Bitcoin fell 2% after the U.S. government moved 3,940 Bitcoin seized from a Silk Road vendor. https://crypto.news/u-s-moves-240m-silk-road-bitcoin-to-coinbase/

SEC could approve spot Ethereum ETFs by July 4: report By Independence Day in the U.S., spot Ethereum ETFs could begin trading, according to a report from Reuters. https://www.theblock.co/post/302126/sec-could-approve-spot-ethereum-etfs-by-july-4-report?utm_source=rss&utm_medium=rss

Crypto firm Abra settles with state regulators over not licensing its mobile app Crypto company Abra agreed to settle with 25 state financial regulators who say the firm operated without being properly licensed. https://www.theblock.co/post/302117/crypto-firm-abra-settles-with-state-regulators-over-not-licensing-its-mobile-app?utm_source=rss&utm_medium=rss

Bitcoin Virtual Machine team rolls out ZK rollups service to scale Bitcoin “The blockchains on Bitcoin powered by BVM will be the first-ever examples of Bitcoin ZK-rollups on mainnet, which is a massive tech breakthrough,” developer @bird2836 said. https://www.theblock.co/post/302137/bitcoin-virtual-machine-team-rolls-out-zk-rollups-service-to-scale-bitcoin?utm_source=rss&utm_medium=rss

Bitcoin derivatives poised for ‘quadruple witching’ volatility as Friday’s quarterly options expiry approaches, analyst says The bitcoin options market is braced for heightened volatility, with over 20% of OI on Deribit set to expire in-the-money. https://www.theblock.co/post/302046/bitcoin-derivatives-poised-for-quadruple-witching-volatility-as-fridays-quarterly-options-expiry-approaches-analyst-says?utm_source=rss&utm_medium=rss

Ethereum spot ETFs could attract $15B by end of 2025 — Bitwise CIO The launch of spot Ethereum ETFs could trigger massive capital inflows into the market, according to Bitwise CIO Matt Hougan. https://cointelegraph.com/news/ethereum-spot-etfs-could-attract-15b-by-end-of-2025-bitwise-cio

U.S. government sends 3,940 Bitcoin to Coinbase exchange Data from Arkham Intelligence indicates the Bitcoin was seized from Banmeet Singh, a convicted drug dealer, during his January 2024 trial. https://cointelegraph.com/news/u-s-government-sends-3-940-bitcoin-coinbase-exchange

Only Donald Trump can save crypto from Joe Biden Biden’s administration has done everything possible to destroy the cryptocurrency industry. That gives crypto advocates just one choice in the 2024 election. https://cointelegraph.com/news/only-donald-trump-can-save-crypto-from-joe-biden

Lisk DAO to decide what to do with 25% of LSK supply The Lisk community will soon have to decide whether it should burn 100 million LSK tokens as its first major vote for a newly-formed decentralized organization. Starting September 27, the Lisk community will have seven days to vote on whether… https://crypto.news/lisk-dao-to-decide-what-to-do-with-25-of-lsk-supply/