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 exchange-traded fund (ETF) as a “huge win” for the digital-assets industry. This ruling has rekindled hopes for the launch of the first US ETF that would invest directly […]
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 in the near future. The crypto behemoth re-entered the Land of the Rising Sun earlier this summer after departing in 2018 due to regulatory problems.According […]
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 overseas. Ramaswamy believes that the U.S. courts have become a last line of defense to keep cryptocurrency innovators in the country, and that the decision will […]
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 believes the Bitcoin market is prone to price manipulation. However, Bloomberg ETF analyst James Seyffart believes the […]
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 hours. This price gain has stirred hope among investors, but they are unsure if […]
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 $800,556 so far, with only 5 days remaining before its conclusion.COIN IS POISED FOR SUCCESS DESPITE MARKET VOLATILITYSonik Coin stands […]
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 on-chain analytics platform, Robinhood controls 1.72 million ETH, worth $2.93 billion at current prices as of August 30. It is unclear whether Robinhood directly owns these coins […]
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 that Uniswap had sold unregistered securities and failed to register as an exchange or broker-dealer. The investor had lost around $10,000 after buying […]
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 partnership will allow users to instantly withdraw Coinbase balances directly to PayPal accounts, eliminating the need for traditional methods like wire transfers. Coinbase plans to […]
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 Polk Failla, who is also overseeing the SEC lawsuit against Coinbase, dismissed the case brought by Uniswap users who claimed they lost money due […]
