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1 year, 1 month agoBitcoin ETF Approval Odds Rise to 75% by 2023, 95% by 2024
Bloomberg has raised the odds of a Bitcoin ETF gaining approval to 75% by the end of 2023 and 95% by 2024, following Grayscale’s legal win against the U.S. Securities and Exchange Commission (SEC). The SEC is now e…
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1 year, 1 month agoXRP Price Rally Continues After SEC Loss in Court of Appeals
The fifth-largest digital asset, XRP, has seen a surge in its daily average traded volume to about $1.572 billion, recording a spike of over 114 percent. This comes after the U.S. Court of Appeals for the D.C.…
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1 year, 1 month agoCoinbase CEO Brian Armstrong Bullish on On-Chain Applications Ahead of Summit
Brian Armstrong, the CEO of Coinbase, recently shared his top areas of interest in the crypto space. He urged DeFi builders to focus on ten ideas that he believes are critical for the broader crypto space in order…
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1 year, 1 month agoUniswap Class Action Dismissed as Judge Rules Ethereum is a Commodity, Not a Security
The United States District Court for the Southern District of New York has dismissed a class action lawsuit against Uniswap, its CEO, and its venture capital backers. The suit was brought by six individuals who…
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1 year, 1 month agoU.S. Crypto Industry Sees Resurgence as Courts Rein in SEC
The United States could be seeing a resurgence in the crypto industry after several rulings this year have seen court judges “rein in the SEC,” according to a digital asset lawyer from K&L Gates. Jeremy McL…
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1 year, 1 month agoSEC Decision on Bitcoin Spot ETFs Looms: What Will the Outcome Be?
Grayscale Investments CEO Michael Sonnenshein recently described the US appeals court’s decision to overturn the Securities and Exchange Commission’s (SEC) block of his firm’s proposed spot Bitcoin excha…
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1 year, 1 month agoBinance Japan to Increase Supported Cryptocurrencies to 100
Binance, one of the world’s largest cryptocurrency exchanges, is set to expand its services in Japan. The Japanese subsidiary of Binance will reportedly provide trading services with additional digital currencies i…
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1 year, 1 month agoVivek Ramaswamy Praises Grayscale Victory, Urges Keeping Bitcoin Innovation in US
Vivek Ramaswamy, a United States presidential candidate, has praised Grayscale’s recent victory over the federal securities regulator, arguing that it will help keep Bitcoin and blockchain innovation from going o…
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1 year, 1 month agoSEC Decision on Bitcoin ETFs Looms, Grayscale Wins Lawsuit
The US Securities and Exchange Commission is set to make a decision on the first of seven applications to launch spot Bitcoin ETFs on Thursday. The SEC has been hesitant to approve a spot ETF application because it…
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1 year, 1 month agoWall Street Memes: Will SONIK Coin Outperform TWT?
Trust Wallet Token (TWT) has seen a 4.2% decline in the last 30 days, with a slight increase in selling pressure in the last seven days. At 6:24 a.m. EST, TWT’s price is $0.9, a 4.2% increase in the last 24 h…
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1 year, 1 month agoSonik Coin Presale Sees Explosive Growth Despite Market Turmoil, Fueled by Iconic Sonic Game Franchise and Dedicated Community Support
Sonik Coin is a memecoin with a unique identity in the cryptocurrency market. It is currently in presale, with a price of $0.000014 that has remained stable despite the market downturn. The presale has amassed…
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1 year, 1 month agoRobinhood Digital Wallet Fifth Largest Holder of Ethereum Worth $2.93 Billion
Robinhood, a United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the fifth largest holder of Ethereum (ETH). According to Arkham Intelligence, an…
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1 year, 1 month agoUniswap Wins Class Action Lawsuit in US Court, Crypto Lawyers Rejoice
The Southern District Court of New York (SDNY) recently dismissed a class action lawsuit against Uniswap, the leading decentralized exchange. The lawsuit was filed by an investor from North Carolina who claimed…
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1 year, 1 month agoCoinbase and PayPal Partner to Simplify Crypto Purchases in Europe
Coinbase, a global payments giant, has recently announced a collaboration with PayPal to simplify the process of buying and withdrawing cryptocurrency for individuals in Germany and the United Kingdom. This…
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1 year, 1 month agoJudge Rules Ether and Bitcoin Are Crypto Commodities
A United States District Court judge has declared Ether (ETH) and Bitcoin (BTC) as “crypto commodities” in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. Judge Katherine Pol…
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1 year, 1 month agoBloomberg Analysts Raise Probability of Bitcoin ETF Approval by End of 2023
A recent victory by Grayscale against the federal securities regulator has raised the probability of an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, according to Bloomberg analysts. Eric…
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1 year, 1 month agoCircle Launches 'StableSeptember' Event with Multiple Launches
Circle, a cryptocurrency financial services company, is launching a series of events called “StableSeptember” to promote the use of stablecoins. The first of these launches will take place on August 31, 202…
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1 year, 1 month agoRobinhood Wallet Expands Crypto Support with On-App Swaps and Fiat Onramp
Robinhood Wallet, the popular multi-chain, self-custody, Web3 wallet, has recently introduced new features to meet the demands of its growing user base. The wallet now supports Bitcoin (BTC) and Dogecoin (DOGE),…
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1 year, 1 month agoCoinbase Acquires Minority Stake in Circle, USDC to Become Native on Base Network
Coinbase and Circle have recently announced a new agreement, with Coinbase acquiring a minority stake in Circle. This agreement follows two years of split governance between the two companies. Circle has also…
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1 year, 1 month agoBloomberg Analysts Predict High Likelihood of Bitcoin ETF Launch by End of 2024
A federal court ruling this week has increased the likelihood of a Bitcoin (BTC) exchange-traded fund (ETF) launching by the end of the year. According to Bloomberg ETF experts James Seyffart and Eric Balchunas,…