Latest from James Rubin
‘BlackRock Pivot’ Continues, as Bitcoin Rises on Increased Volume
The successful approval of BlackRock’s ETF application could be a seminal moment in the history of cryptocurrencies

Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community
3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm’s tainted past.

Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund
Repurchase agreements will keep being part of the reserve fund, Circle’s chief financial officer said Wednesday during a company call.

Bitcoin, Ether Fall Outside Howey Test Criteria
As a result, the SEC’s regulatory scrutiny may be more limited in scope.

Bitcoin Breaks $30K Amid TradFi Push Into Crypto
The world's largest cryptocurrency by market value, bitcoin, has not reached levels above $30,000 since April.

First Mover Asia: Bitcoin Has Its Eyes on $30K Amid Steadfast Institutional Interest
ALSO: Smart contracts crypto lending platform Aave has continued its year-to-date momentum this month. The version 3 (v3) blockchain’s total value locked (TVL) has surged 15% in June to $1.76 billion, data from blockchain analytics firm DefiLlama shows.

Bitcoin’s Rally to $28K Spurred by Largest Short Squeeze This Month
The price surge liquidated some $36.6 million of short positions in the past 24 hours, the most this month, CoinGlass data shows.

GBTC Share Price Soars, Discount Narrows to Multi-Month Low on BlackRock ETF Filing Optimism
Investors turned optimistic about Grayscale allowing redemptions in the future after BlackRock’s filing for spot bitcoin ETF last week, one analyst said.

First Mover Asia: Bitcoin 'Looks Vulnerable': Analyst
The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.

First Mover Asia: Bitcoin Slips Back to $26.3K in Weekend Trading as Investors Weigh Potential Interest Rate Decisions
The largest crypto by market cap benefited from last week's pause in interest rate hikes, but a market analyst suggests that cuts may be necessary for prices to rise significantly in the future. ALSO: Indonesia updates its list of digital assets approved for trading in the country.
