US Representative Warren Davidson has been pushing for the removal of Gary Gensler as the chairman of the Securities and Exchange Commission (SEC) following Grayscale’s recent win in court against the agency. Industry stakeholders and the crypto community believe Gensler’s regulation by enforcement approach towards the crypto industry has caused more harm than good to […]
Bitcoin Cash (BCH) experienced a surge in price and trading volume after the United States Court of Appeals for the D.C. Circuit paved the way for a Bitcoin ETF approval. The price of BCH rose 15 percent in the past 24 hours to reach a daily high of $227, and has stabilized around $216 in […]
SEBA Hongkong is set to become the first licensed company in China to offer cryptocurrency services, providing a platform for regulated activities with digital assets. The global crypto bank provides financial solutions for the digital age in asset management, investment, trading and consulting. The company has announced that its regional subsidiary has received a fundamental […]
Binance, the world’s leading crypto exchange, has announced the launch of a new crypto-to-bank payment platform, Send Cash, in nine countries in Latin America. The platform will allow users to transfer their digital assets via Binance Pay and receive fiat currency with an equivalent value of their digital assets directly into their bank accounts. The […]
The Shiba Inu (SHIB) token has seen a surge in price as Bitcoin and other altcoins reacted to Grayscale Investments’ win against the US Securities and Exchange Commission (SEC). The trading volume for the meme coin rose 50% in 24 hours to over $182 million.The positive market reaction to Grayscale’s win against SEC has also […]
In the wake of FTX’s fall, the crypto world is looking for more reliable indicators to assess exchange health. Glassnode has introduced three metrics to gauge risk, one of which has revealed an intriguing trend. While Binance and Coinbase show minor fund movements, Huobi’s data shows an increase in transfers to other exchanges. This could […]
Crypto analyst Michaël van de Poppe believes that the digital assets market is following a historical pattern before Bitcoin (BTC) halving events. He suggests that investor sentiment and altcoins are currently reaching cycle lows 10 months before the next BTC halving event, which is expected on April 20, 2024. Van de Poppe believes that just […]
Ethereum price surged to a high of $1,738 on Tuesday, the highest level since August 17th, as investors remained optimistic about cryptocurrencies. The main catalyst for the surge was a US court decision to side with Grayscale in a lawsuit against the SEC. The court said that the SEC should review and approve the ETF. […]
The recent win of Grayscale Investments against the US Securities and Exchange Commission (SEC) has caused a surge in the price of Shiba Inu (SHIB) and other altcoins. The trading volume for SHIB has increased by 50% in the past 24 hours to over $182 million.The Ethereum layer-2 platform Shibarium, which is backed by the […]
SEBA Bank, a Switzerland-based crypto-focused bank, has secured an in-principal license to offer crypto services in Hong Kong. The license, granted by the Securities and Futures Commission (SFC), allows the bank to offer over-the-counter crypto derivatives and other products, as well as virtual assets investment advice and asset management for selected crypto accounts.SEBA Hong Kong’s […]
