Experts predict that the United States could see its first spot Bitcoin ETF by the end of 2023. Two Bloomberg exchange-traded fund (ETF) analysts, Eric Balchunas and James Seyffart, have upped their prediction to a 75% chance of a spot Bitcoin ETF launch in the US.The positive sentiment comes after Grayscale scored a major victory […]
Bitcoin Cash (BCH) has been one of the best-performing crypto assets in recent months, with its mass appeal to retail traders and its long experience with founding successful NFT projects and its social media marketing. Wall Street Memes is in the final stage of its presale and recently announced it will be listed on multiple […]
Edelcoin (EDLC) is a novel stablecoin token backed by a basket of pre-existing precious and base metals. This hybrid token is designed as a Swiss-compliant digital means of payment for goods and services, with its basket structured to be less volatile than single asset-backed tokens. ProBit Global is excited to announce that Edelcoin will be […]
Elon Musk’s social media platform, formerly known as Twitter, has obtained payments licenses from several U.S. states in recent months. This includes a currency transmitter license in Rhode Island, which is essential for offering crypto services. Musk has hinted at supporting crypto on the platform, and the licenses allow for broader payments services to be […]
Nexo, a leading cryptocurrency platform, has partnered with payment processing giant Mastercard to launch a Dual Mode crypto card. This card allows users to switch between debit and credit modes for daily transactions and larger purchases from more than 100 million worldwide merchants that accept Mastercard.The Dual Mode Card is an example of a customer-first […]
The US Court of Appeals has unanimously ruled that the US Securities and Exchange Commission (SEC) has violated the Administrative Procedure Act (APA) by denying Grayscale Investment’s request to transform its Bitcoin Investment Trust (GBTC) into a Bitcoin Exchange Traded Fund (ETF). This is a major victory for the crypto industry, and markets have reacted […]
The decentralized exchange Uniswap recently won a class action lawsuit in the Southern District of New York. The lawsuit sought to hold Uniswap, Paradigm, and other related parties responsible for losses incurred by users due to scams and Ponzi schemes. Judge Katherine Polk Failla ruled that there was insufficient evidence to prove that Uniswap developers […]
Binance, one of the world’s leading cryptocurrency exchanges, has announced its plan to reduce support for its Binance USD stablecoin by February 2024. This pivot arises from Paxos’s cessation of new BUSD token minting. Changes on the Binance platform are imminent as the exchange preps for this shift, including the phasing out of BUSD spot […]
X, the social media site owned by Elon Musk and formerly known as Twitter, has been granted payment licenses by a number of American states. This week, the company received a currency transmitter license in Rhode Island. Musk has hinted at supporting crypto on X, even briefly replacing the old Twitter bird logo with dogecoin’s […]
X, the social media site owned by Elon Musk and formerly known as Twitter, has been granted payment licenses by a number of American states. This week, the company received a currency transmitter license in Rhode Island. Musk has hinted at supporting crypto on X, even briefly replacing the old Twitter bird logo with dogecoin’s […]
