Open Interest in Ethereum Futures Surpasses $13 Billion
Ether futures open interest reaches $13.01 billion this week, according to the Coinglass platform.
Tron Foundation Seeks SEC’s Lawsuit Dismissal
According to the objection of the Tron Foundation and its founder Justin Sun to the lawsuit filed by the SEC, the Commission does not have the power to regulate the sale of foreign digital assets to foreign investors on global platforms outside the United States.
Tether Increases its Bitcoin Reserves
On March 31, Tether, the company responsible for the stablecoin USDT, acquired 8,888 Bitcoins worth $618 million.
130,000 Bitcoins Withdrawn from Exchanges This Year
Since January 11, nearly $10 billion worth of Bitcoins have been withdrawn from exchange wallets.
USDC’s Market Cap Reaches an Annual High
Since the beginning of January 2024, the market supply of the second-largest stablecoin, USD Coin (USDC), has been increasing.
Consensys Urges SEC to Greenlight Spot Ethereum ETFs
Consensys has addressed the United States Securities and Exchange Commission’s inquiry into whether Ethereum’s proof-of-stake consensus mechanism raises unique concerns regarding spot ether exchange-traded fund (ETF) applications.
FTX Founder Is Sentenced to 25 Years in Prison
On Thursday, FTX founder Sam Bankman Fried was sentenced to nearly 25 years in prison for his involvement in a criminal fraud trial that resulted in the loss of $8 billion by retail investors.
