Micah Zimmerman
Amundi Boosts Strategy (MSTR) Stake 44% to $291 Million as Shares Slide
Europe's largest asset manager raised its Strategy holding to 1.9 million shares in the third quarter, a 13F shows, even as MSTR has since fallen about 18% from quarter-end.
Elizabeth Warren Plans Prediction Market Crackdown as She Prepares to Chair Senate Banking
A Warren banking aide says the incoming Senate Banking chair will target prediction markets' "Wild West-style lack of oversight," after she and Sen. John Curtis pressed Kalshi and Polymarket on election trading.
North Korea Is Minting Its Own Meme Coins to Launder Binance Hack Loot
Elliptic says North Korean launderers created six throwaway meme tokens on NEAR between Nov. 5 and 7, moving about $430,000 of stolen Binance funds through homemade liquidity pools.
TD Cowen Gives Stablecoin Yield Ban 10% Odds as Banks Plan Push in Democrat-Led Congress
TD Cowen's Jaret Seiberg puts only a 10% chance on a congressional ban on platform stablecoin yield over the next two years, even as banks renew their push after Democratic midterm wins.
BlackRock: Security Fears Are Driving Bitcoin Whales Into IBIT
BlackRock's Robbie Mitchnick told Barron's demand to swap directly held bitcoin for IBIT shares is at its highest yet, with "security and peace of mind" the top reason as kidnappings and hacks rise.
Binance to Close Accounts in Four EU Countries Dec. 31, Charging Idle Balances From Nov. 29
Binance told users in France, Spain, Italy and Poland to withdraw their crypto, with deposits blocked, accounts closing Dec. 31 and a monthly fee starting Nov. 29, as the exchange still lacks an EU license.
U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too
FinCEN and the Federal Reserve formally withdrew a 2020 proposal that would have cut the cross-border funds-transfer threshold from $3,000 to $250 and spelled out that the rules cover crypto, saying any future version needs a fresh comment period.
Strive (ASST) Adds 29 Bitcoin for $2.2 Million as Weekly Buys Slow After Crossing 43,000
Strive purchased 29 bitcoin from Oct. 31 to Nov. 6 at an average of $75,721, lifting holdings to 43,153 BTC while cash slipped to $487.6 million and SATS preferred shares edged higher.
Coinbase Wins Full Federal Trust Charter From OCC
Coinbase's custody arm has completed its national trust bank charter with the OCC, upgrading April's conditional approval, but the license does not let it take deposits, make loans or issue stablecoins.
Bitcoin Price Drops Below $74,000 as Nvidia Probe and Regulation Fears Spark $1 Billion in Liquidations
Bitcoin price fell to $73,477 overnight, its lowest since August, before bouncing to about $74,700 Monday morning as a Nvidia probe, Democratic regulation fears and ETF outflows hit risk appetite.