The exchange has hired White & Case as restructuring counsel, with a detailed roadmap expected by Sept. 9.
Shutdown
- Crypto Education
Bitcoin Traders Stall As US Shutdown, Fed Policy Shift Raises Fear
by adminby adminKey takeaways: Bitcoin market data shows that pro traders are avoiding risk and paying extra to protect against a price drop. Gold is hitting record highs, but Bitcoin remains stuck as investors favor traditional …
- Crypto Education
Bitcoin, Ethereum and XRP Jump as End to US Government Shutdown Appears Imminent
by adminby adminIn brief Ethereum broke past $3,600 for the first time in almost a week. The 40-day government shutdown is the longest in history. XRP and Solana were recently up about 6% apiece. Bitcoin jumped …
There has been a recent flurry of activity for US crypto exchange-traded funds this week, with at least five new product applications filed with the US Securities and Exchange Commission despite the ongoing government …
RWA Investors in Profit as Crypto Crash, US Shutdown and Gold Rally Sparked $3.9B Deposits in 30 Days
Key Notes RWA sector valuation jumped 11.6% to $34.4 billion, adding $3.9 billion in new deposits over the past month. Gold’s record-breaking rally to $4,200 and the US government shutdown spurred inflows into tokenized …