Coinbase and Tether report earnings, Binance assists Trump in amassing billions

In a September 30 statement, the convicted founder claimed Alameda Research and FTX were solvent and could have compensated clients following the 2022 liquidity issue.

According to the 15-page paper, FTX entered November 2022 with $25 billion in assets and $16 billion in equity, surpassing $8 billion in client withdrawal demands.

On Monday, Western Union CEO Devin McGranahan said digital wallets and account-based rewards make up over 50% of digital transactions and hinted at “digital asset-enabled solutions.”

Addressing procedural issues that hindered the distribution to the bankrupt exchange's creditors, the Tokyo court allowed the prolongation.

Ethereum price develops bullish flag as ETF inflows surge

Ethereum traded at $3,895 on Nov. 2, 178% higher than its lowest level this year. A bullish flag pattern suggests greater gains as exchange-traded funds inflows climb.

SoSoValue found spot Ethereum ETFs outpaced Bitcoin last week. Over $114 million inflows after a $243 million loss the week before. Conversely, Bitcoin ETFs lost $607 million.

Inflows into spot Ethereum ETFs have exceeded $14.3 billion since July 2018. BlackRock's ETHA, which has $15.15 billion in assets, drove these gains. The other top Ethereum ETFs are from Grayscale, Fidelity, and Bitwise.