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1 year, 12 months ago
SEC Faces Deadline to Decide on Bitcoin ETF Applications
The United States Securities and Exchange Commission (SEC) is facing its first deadlines to decide on seven new Bitcoin exchange-traded fund (ETF) applications. The latest deadline is September 4th. Investment firm…
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1 year, 12 months agoEthereum Prices Surge After Favorable Court Ruling for Grayscale
On August 29, Ethereum prices surged, and a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. The coin may post even more gains in the sessions following a shift in trader sentiment after a favorable…
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1 year, 12 months agoSEBA Bank Receives Regulatory Approval for Crypto Trading in Hong Kong
SEBA Bank, a Swiss bank with a crypto-friendly arm in Hong Kong, has been granted in-principle approval from the Hong Kong Securities and Futures Commission (SFC) to deal in virtual assets. This license will allow…
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1 year, 12 months agoRealized Loss Momentum Indicates Volatile September for Bitcoin
Bitcoin’s recent sell-off has caused a shift in focus to on-chain metrics, with one indicator pointing to a potentially volatile September. The realized loss momentum, a tool developed by Glassnode, is designed t…
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1 year, 12 months agoX Secures Currency Transmitter License in Rhode Island, Moves Closer to Crypto Integration
X, the popular social media platform, has been granted a currency transmitter license by Rhode Island regulators, marking a step forward for the company’s foray into the financial services sector. This license is l…
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1 year, 12 months agoSEC Commissioners Clash Over NFT Crackdown
The US Securities and Exchange Commission (SEC) recently initiated legal proceedings against media and entertainment company Impact Theory, resulting in a cease-and-desist order and a financial penalty of over $6.1…
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1 year, 12 months agoEthereum Poised to Win Stablecoin Wars, Bloomberg Analyst Says
Jamie Coutts, a crypto market analyst at Bloomberg Intelligence, believes that Ethereum (ETH) will win the “upcoming stablecoin wars”. He states that Ethereum and its broader ecosystem, including layer-2 pro…
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1 year, 12 months agoCrypto 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, 12 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, 12 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, 12 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, 12 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, 12 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, 12 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, 12 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, 12 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, 12 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, 12 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, 12 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, 12 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…
