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1 year, 10 months ago
Crypto Exchange CoinSwitch Trims Team by 7%, Joins Industry Layoffs
CoinSwitch, an Indian cryptocurrency exchange backed by Andreessen Horowitz (a16z), has recently reduced its team by 7%, or 44 people. This decision was made due to the decreasing level of customer activity. A…
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1 year, 10 months agoTether Adds Bahamas Bank to Process Dollar Transfers
Tether, the issuer of the popular stablecoin USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas, to its platform to process dollar transfers. It is unclear when the banking…
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1 year, 10 months agoGrayscale Wins Court Battle Against SEC, Bitcoin ETF Closer to Approval
The U.S. Court of Appeals for the D.C. Circuit has ruled in favor of Grayscale in its lawsuit against the Securities and Exchange Commission (SEC). The court found that the SEC had failed to adequately explain why…
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1 year, 10 months agoBinance Redirects Belgian Users to Polish Branch Amid Regulatory Pressure
Binance, the world’s largest cryptocurrency exchange, has devised a strategy to retain its Belgian market following a suspension order by Belgium’s financial market regulator in June. The exchange has red…
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1 year, 10 months agoGrayscale Bitcoin ETF Win Sparks Debate in Crypto Community
The crypto community was delighted when the District of Columbia Circuit Court of Appeals overturned the United States Securities and Exchange Commission’s (SEC) rejection of Grayscale Investments’ Bitcoin spot ETF…
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1 year, 10 months agoGrayscale Wins Court Battle Against SEC, Spot Bitcoin ETF Closer to Approval
Grayscale has won a major victory in court against the Securities and Exchange Commission (SEC), bringing the U.S. market one step closer to approval of a Bitcoin spot ETF. Bloomberg Intelligence Senior Legal…
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1 year, 10 months agoMiami Mayor Francis Suarez Suspends Presidential Campaign
Miami Mayor Francis Suarez, who was one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign. In an Aug. 29 announcement…
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1 year, 10 months agoBinance Weighs Exit from Russia Amid Regulatory Pressure
Binance, the world’s largest cryptocurrency exchange, held its first Community Meetup in Yerevan, Armenia. The event comes amid reports that the crypto giant is considering an exit from Russia due to regulatory p…
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1 year, 10 months agoCircle and Mercado Libre Partner to Bring USDC Stablecoin to Chile
Circle, a fintech company, has announced a partnership with Mercado Libre to bring the USDC stablecoin to Mercado Pago on Aug. 29. Jeremy Allaire, Circle’s CEO, posted a thread on X announcing the launch of USDC o…
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1 year, 10 months agoRaoul Pal Bullish on Crypto Assets, Outlines Why Ripple Can Outperform Tech Stocks
Raoul Pal, CEO of Real Vision and former Goldman Sachs executive, recently held an Ask Me Anything (AMA) session on YouTube to explain his bullish stance on crypto assets. He believes that blockchain technology…
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1 year, 10 months agoEthereum Transaction Fees Reach Lowest Levels of the Year
Ethereum transaction fees have dropped to their lowest levels since December, according to data from South Korea-based blockchain analytics firm CryptoQuant. The cost of executing transactions on the world’s l…
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1 year, 10 months agoDEGA and Unique Network Partner to Empower Builders on Polkadot
DEGA and Unique Network have announced a collaboration to empower builders within the Unique ecosystem. This partnership will allow builders to leverage DEGA’s Initial Stake Pool Offering (ISPO) platform for c…
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1 year, 10 months agoSEC Court Ruling Paves Way for Spot Bitcoin ETFs in US
A federal judge has overturned the United States Securities and Exchange Commission’s (SEC) decision to deny an exchange-traded fund (ETF) offering from Grayscale Investments through its Bitcoin BTC Trust. The c…
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1 year, 10 months agoBitcoin Supply on Exchanges Drops to 6-Year Low, Bulls Push Price Towards $26K
Bitcoin’s supply on exchanges has dropped to its lowest level in nearly 6 years, according to leading in-chain metrics platform Santiment. The current supply of Bitcoin on exchanges is now at just 5.8%, and whale t…
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1 year, 10 months agoChinese Stock Market Turmoil: Impact on Bitcoin and US Dollar
The Chinese stock market has been struggling recently, leading to concerns about its impact on global economic growth. Industrial output and the flow of credit in the region are weakening, and the Chinese…
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1 year, 10 months agoCourt of Appeals Challenges SEC Authority Over Crypto Assets
The U.S. Court of Appeals has recently made a decision that the SEC is not the ultimate arbiter of crypto. This means that the SEC does not have the final say in the matter, and that the U.S. court system and…
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1 year, 10 months agoCryptoQuant Finds Evidence of Institutional Accumulation of Bitcoin
CryptoQuant, an on-chain data analytics provider, has recently explored the changes to Bitcoin (BTC) over the last year. According to their findings, the BTC reserves on non-US-based exchanges have increased while…
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1 year, 10 months agoUS Court of Appeals Backs Grayscale in SEC Dispute, Bitcoin Price Jumps 7%
The United States Court of Appeals for the District of Columbia Circuit (DC Circuit) has ruled in favor of Grayscale in its dispute with the SEC over its Bitcoin ETF proposal. The SEC had previously denied…
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1 year, 10 months agoWall Street Memes Presale Nears Completion: $25 Million Raised and $50,000 Airdrop Event
Wall Street Memes (WSM) is a meme-based cryptocurrency project that is nearing the completion of its presale phase. The presale has already raised an impressive $25 million, with tokens priced at $0.0337 per token.…
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1 year, 10 months agoElon Musk Interacts with Wall Street Memes on Multiple Occasions
Shares Bot, a Telegram-bot crypto, has seen a rapid climb on the price charts and has increased by 248% in the last 13 hours. This increase is paired with a high RSI, edging above the oversold zone, and a positive…
