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First Mover Americas: Franklin Templeton’s Bitcoin ETF Becomes the Cheapest
The latest price moves in bitcoin and crypto markets in context for Jan. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BlackRock CEO Larry Fink Backs Ether ETF
"I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday.
Franklin Templeton’s Bitcoin ETF Now the Cheapest After 10 Basis Point Reduction
After initially revealing their fees on Monday, several providers then reduced them spying the impending battle for market share that would ensue once the funds were approved.
Bitcoin Miner Outflows Hit Six-Year Highs Ahead of Halving, Sparking Mixed Signals
CryptoQuant data shows that miners are moving bitcoin to exchanges, likely because of a need to build more liquidity in anticipation of higher capital expenditures.
CoinShares Exercises Option to Buy Bitcoin ETF Provider Valkyrie to Add U.S. Arm
CoinShares said the decision is a direct result of the SEC's approval of the listing of a spot bitcoin ETF.
Telcoin Restores User Balances After Exploit, Records 400% Increase in Deposits
The issue apparently resulted from a fault in the interaction between Telcoin’s digital wallet and a proxy contract that incorrectly performed certain storage functions.
Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators
Several firms have filed applications for spot ether ETFs, including BlackRock.
South Korean Financial Regulator Says U.S. Bitcoin ETFs May Violate Local Law
Further review and consideration regarding crypto ETFs is planned, the regulator says.
Bitcoin’s Wall Street Debut Ends in Tears for Futures Traders, Leads to $83M Liquidations
Bitcoin ETFs clocked up some $4.6 billion in volumes on their first day, but market volatility hit futures speculators as prices whipsawed.
Do Kwon Tries to Delay SEC’s Terraform Trial so He Can Attend
The former CEO of Terra is being held in Montenegro after being caught in Podgorica's airport with falsified documents.