Latest Cryptocurrencies News

Valkyrie Funds halts ethereum purchases for exchange-traded fund

UPDATE 1-Valkyrie Funds halts ethereum purchases for exchange-traded fund Adds company comment in fourth paragraph By Suzanne McGee Sept 29 (Reuters) - Financial services firm Valkyrie Funds LLC said on Friday it will halt buying of ethereum for the Valkyrie Bitcoin and Ether Strategy ETF BTF.O and unwind any positions already acquired, a stumbling block in its bid to be the first to bring an exchange traded fund (ETF) tied to the cryptocurrency ethereum to the market.

Valkyrie Funds halts ethereum purchases for exchange-traded fund

Valkyrie Funds halts ethereum purchases for exchange-traded fund By Suzanne McGee Sept 29 (Reuters) - Financial services firm Valkyrie Funds LLC said on Friday it will halt buying of ethereum for the Valkyrie Bitcoin and Ether Strategy ETF BTF.O and unwind any positions already acquired, a stumbling block in its bid to be the first to bring an exchange traded fund (ETF) tied to the cryptocurrency ethereum to the market.

Three Arrows Capital co-founder Zhu apprehended in Singapore -liquidators

UPDATE 2-Three Arrows Capital co-founder Zhu apprehended in Singapore -liquidators Adds no comment from Zhu, Davies and Singapore police in paragraph 4, Davies comments from 2022 on liquidation in paragraphs 6-7 By Elizabeth Howcroft Sept 29 (Reuters) - Su Zhu, one of the founders of bankrupt crypto hedge fund Three Arrows Capital, has been apprehended at Changi Airport in Singapore, the company's liquidators Teneo said on Friday.

Three Arrows Capital co-founder Zhu apprehended in Singapore

Three Arrows Capital co-founder Zhu apprehended in Singapore Sept 29 (Reuters) - Su Zhu, one of the founders of bankrupt crypto hedge fund Three Arrows Capital, has been "apprehended" at Changi Airport in Singapore, the company's liquidators Teneo said in an email on Friday. Reporting by Elizabeth Howcroft in London

Bankman-Fried trial poses biggest test to date for crypto's top cop

NEWSMAKER-Bankman-Fried trial poses biggest test to date for crypto's top cop By Luc Cohen NEW YORK, Sept 29 (Reuters) - Sam Bankman-Fried's upcoming trial on fraud charges marks a major test for a broader crackdown on white collar crime led by Manhattan's top federal prosecutor: Damian Williams. Upon taking office in late 2021 as the U.S. Attorney for the Southern District of New York, Williams said "rooting out corruption in our financial markets" would be one of his top priorities - a familia
A

Dollar off 10-month high, yen still under intervention watch

FOREX-Dollar off 10-month high, yen still under intervention watch By Brigid Riley TOKYO, Sept 28 (Reuters) - The dollar held off a 10-month high on Friday as markets headed into the end of the quarter, giving the yen slightly more breathing room at the end of the week amid intervention concerns. The euro largely held its ground after rebounding overnight, but was still not far from its January low of $1.0482, which if broken would be the lowest since December.
A
E
E
E
U

Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval

Valkyrie Funds to add 'ether' futures in exchange-traded fund after SEC approval By Suzanne McGee Sept 28 (Reuters) - Investment manager Valkyrie Funds LLC has begun adding ethereum futures to its existing Bitcoin futures exchange-traded fund, after getting the green light from the U.S. Securities and Exchange Commission (SEC), the company said on Thursday.

Ripple CEO Says Made Decision Not To Move Forward With Outright Acquisition Of Fortress Trust; Ripple Will Remain An Investor In Fortress Trust

BRIEF-Ripple CEO Says Made Decision Not To Move Forward With Outright Acquisition Of Fortress Trust; Ripple Will Remain An Investor In Fortress Trust Sept 28 (Reuters) - RIPPLE CEO SAYS MADE DECISION NOT TO MOVE FORWARD WITH OUTRIGHT ACQUISITION OF FORTRESS TRUST; RIPPLE WILL REMAIN AN INVESTOR IN FORTRESS TRUST Source text: [ https://shorturl.at/h

Bankman-Fried may face 'very long sentence' if convicted, judge says

UPDATE 2-Bankman-Fried may face 'very long sentence' if convicted, judge says Adds defense lawyer's response to judge's comment in paragraph 4, details on immunized witnesses in paragraph 12 By Luc Cohen NEW YORK, Sept 28 (Reuters) - Sam Bankman-Fried , the indicted founder of now-bankrupt cryptocurrency exchange FTX , may face a "very long sentence" if convicted at his fraud trial starting next week, the judge overseeing the case said on Thursday.

IMF staff continues talks with El Salvador on technical, policy issues

IMF staff continues talks with El Salvador on technical, policy issues Sept 28 (Reuters) - The International Monetary Fund on Thursday said IMF staff continues to have an "open dialogue" with El Salvador on technical and policy issues. Salvadoran eurobonds are among the best performing so far this year, with investors looking for a fresh catalyst for the next leg of the rally.

Bankman-Fried loses bid for release from jail during trial

Bankman-Fried loses bid for release from jail during trial NEW YORK, Sept 28 (Reuters) - Sam Bankman-Fried , the indicted founder of now-bankrupt cryptocurrency exchange FTX, on Thursday lost his bid to be released from jail during his fraud trial starting next week. Bankman-Fried's lawyers on Sept. 25 asked U.S. Judge Lewis Kaplan in Manhattan to grant him temporary release, arguing they would not otherwise be able to properly represent him.

Coinbase Says Receives Regulatory Approval To Enable Retail Perpetual Futures Trading

BRIEF-Coinbase Says Receives Regulatory Approval To Enable Retail Perpetual Futures Trading Sept 28 (Reuters) - Coinbase Global Inc COIN.O : COINBASE RECEIVES REGULATORY APPROVAL TO ENABLE RETAIL PERPETUAL FUTURES TRADING COINBASE RECEIVED REGULATORY APPROVAL FROM THE BERMUDA MONETARY AUTHORITY (BMA) TO ENABLE PERPETUAL FUTURES FOR ELIGIBLE NON-US

Dollar retreats from 10-month high, heat still on yen, euro

FOREX-Dollar retreats from 10-month high, heat still on yen, euro By Brigid Riley and Alun John TOKYO/LONDON, Sept 28 (Reuters) - The dollar pulled back from its highest level since November against a basket of peers on Thursday, after a climb that has brought the yen near a key intervention zone and the euro to an eight-month low, as U.S. longer-dated yields extend their rise.
A
C
E
E
E
G
U

Who is Caroline Ellison, a key witness set to testify against Sam Bankman-Fried?

NEWSMAKER-Who is Caroline Ellison, a key witness set to testify against Sam Bankman-Fried? By Luc Cohen NEW YORK, Sept 28 (Reuters) - In 2018, a bespectacled Stanford graduate named Caroline Ellison decided to leave her job on Wall Street to join a startup cryptocurrency hedge fund called Alameda Research because she thought she would earn more money to give to charitable causes.

Dollar holds near 10-month high, keeps heat on yen, euro

FOREX-Dollar holds near 10-month high, keeps heat on yen, euro By Brigid Riley and Alun John TOKYO/LONDON, Sept 28 (Reuters) - The dollar steadied near its highest level since November against a basket of its peers on Thursday, keeping the yen near a key intervention zone and the euro at an eight-month low, as U.S. longer-dated yields extended their rise.
A
C
E
E
E
G
U

Dollar steady near 10-month high, keeps heat on yen

FOREX-Dollar steady near 10-month high, keeps heat on yen By Brigid Riley TOKYO, Sept 28 (Reuters) - The dollar clung close to a 10-month high against a basket of its peers on Thursday, keeping the yen near a key intervention zone as investors size up upbeat U.S. economic data and fresh comments from Federal Reserve officials. As the dollar held firm, the euro and sterling struggled to pick up much from new multi-month-lows hit on Wednesday.
A
E
E
E
G
N
U

Dollar sticks near 10-month high, keeping heat on yen

FOREX-Dollar sticks near 10-month high, keeping heat on yen By Brigid Riley TOKYO, Sept 28 (Reuters) - The dollar clung near a 10-month high against a basket of its peers on Thursday, keeping the yen under pressure near a key intervention zone as investors size up upbeat U.S. economic data and fresh comments from Federal Reserve officials. Federal Reserve Bank of Minneapolis President Neel Kashkari was one among several Fed voices to caution markets on the possibility of more hikes, saying on We
A
E
E
E
G
U

Crypto exchange Kraken to offer listed stocks' trading - Bloomberg News

Crypto exchange Kraken to offer US-listed stocks' trading - Bloomberg News Sept 27 (Reuters) - Crypto exchange Kraken is planning to offer trading in U.S.-listed stocks and exchange-traded funds, Bloomberg News reported on Wednesday, citing a person familiar with the matter. Kraken will initially offer trading in the United States and the United Kingdom through a service built by a new division called Kraken Securities, and is targeting to launch the service in 2024, the report said .

Sam Bankman-Fried can wear suits at trial, judge rules

UPDATE 1-Sam Bankman-Fried can wear suits at trial, judge rules Recasts with judge's order By Luc Cohen NEW YORK, Sept 27 (Reuters) - Sam Bankman-Fried, the jailed former cryptocurrency billionaire known for his casual appearance, can dress up for his forthcoming fraud trial . U.S. District Judge Lewis Kaplan on Wednesday ordered U.S. marshals and Brooklyn jail officials to provide Bankman-Fried with three suit jackets and pairs of slacks, four dress shirts, three ties, one belt, four pairs of s

Brazil's central bank seeks tighter cryptocurrency regulation, brokerage oversight

Brazil's central bank seeks tighter cryptocurrency regulation, brokerage oversight BRASILIA, Sept 27 (Reuters) - Brazil's central bank governor Roberto Campos Neto on Wednesday said policymakers are aiming to tighten cryptocurrency regulation and subject brokerages to their supervision. Speaking during a hearing in Congress, Campos Neto emphasized regulators will scrutinize the backing of cryptocurrencies and associated activities, given the significant surge in cryptocurrency imports by Brazili



Trade Ideas

SymbolSourceDirection

Market Summary

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.