The past few days have seen an increased number of developments in the crypto industry, mostly surrounding the potential launch of a spot Bitcoin ETF in the States. Grayscale won a court battle against the SEC, which resulted in a two-week peak of Bitcoin at just over $28,000. However, the Securities and Exchange Commission delayed the decision on all current applications, including BlackRock’s, leading to a price dump for BTC and the rest of the market.Altcoins followed suit during the mid-week pump but have lost traction since then. TONCOIN has been the exception, soaring by 31% over the past seven days. MKR and BCH are next, with 16% and 8%, respectively.A report by Glassnode informed that the net flows to exchanges in the past day or so have soared to a 4-month high, thus increasing the selling pressure. Coinbase’s Brian Armstrong outlined 10 of his favorite ideas in the crypto industry that could be the next game-changing trends. Bloomberg ETF experts predicted that there’s a 75% chance a spot BTC ETF will see the light of day this year and a 90% chance about next year.A crypto company notched another court victory this week when a US judge dismissed the lawsuit against Uniswap, its CEO, and its venture capitalist backers. Digital Currency Group and its subsidiary Genesis reached an agreement that would allow the latter’s creditors to receive up to 90% of their assets in USD equivalent.

This News Article was automatically generated by Bob the Bot (AI)

Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	8
People	SEC, Digital Currency Group., Brian Armstrong, Uniswap, Grayscale
Companies	Genesis, SEC, Binance, Glassnode, Digital Currency Group, Uniswap, Bloomberg, Grayscale
Currencies	Bitcoin Cash, Toncoin, Maker, Ethereum, Bitcoin
Securities	None