The Securities and Exchange Commission (SEC) may be forced to approve spot bitcoin (BTC) exchange-traded-fund (ETF) applications from several asset managers after a federal court said the regulator must review its rejection of Grayscale’s attempt to convert the Grayscale Bitcoin Trust (GBTC) into an ETF, according to a report from JPMorgan (JPM) on Friday. The […]
Bitcoin price is closing in at $26k once again after dropping to $25,400 last Friday. The coin saw quite a bit of volatility in the final days of August, first skyrocketing to $28k on August 29 after Grayscale’s court victory over the SEC, only to crash again on August 31. Analysts believe that Bitcoin is […]
XRP has seen a surge in on-chain volume and development activity, with its sales recently determined to be non-securities. Bitcoin, on the other hand, is facing uncertainty due to fear surrounding the potential rejection of ETF applications. Santiment, a blockchain analytics firm, is closely monitoring the supply of stablecoins held by prominent crypto investors as […]
Wall Street Memes (WSM) is a meme currency that has recently raised over $25 million in its presale funding round. The project is now preparing for its highly anticipated tier-1 launch on September 27th, which is expected to cause a surge in its price. WSM has gained fame as one of the largest meme currency […]
Bitcoin, the world’s leading cryptocurrency, appears to be facing a challenging September, historically a difficult month for the digital asset. This is due to a combination of factors, including the US Securities and Exchange Commission’s decision to delay its ruling on a Bitcoin spot Exchange-Traded Fund (ETF) and broader macroeconomic concerns.Noelle Acheson, the author of […]
The co-founders of the blockchain gaming platform Gala Games, Wright Thurston and Eric Schiermeyer, have filed lawsuits against each other in a Utah District Court. Schiermeyer claims that Thurston stole $130 million worth of GALA tokens at the beginning of 2021, while Thurston claims Schiermeyer has been wasting company assets and borrowing money from Gala […]
Crypto asset CyberConnect (CYBER) recorded an incredible 326 percent surge to hit an all-time high price last week. According to one analyst, the asset is not done yet as it could stage another rally to hit $17 after its deep correction. Currently, the asset is down to $7.21, however, its weekly gain is still 98 […]
Scorpion Casino is a new project in the cryptocurrency landscape that is gaining traction among investors. It is a licensed and regulated online casino that offers users the chance to earn up to 10K USDT daily staking rewards and buy SCORP, the world’s first social gambling crypto. The project is gaining attention due to its […]
MakerDAO, a Decentralized Finance (DeFi) project, has proposed to build its upcoming “NewChain” off a fork on Solana technology and not the Ethereum Virtual Machine (EVM). This has sparked some negative energy from some Ethereum community members, who have twisted the plot to resemble a competition between these stellar blockchains. Rune Christensen, MakerDAO’s co-founder and […]
OKX cryptocurrency exchange is in the final stages of acquiring a virtual asset service provider license (VASP) in Hong Kong. Li Zhikai, the global chief commercial officer of OKX, said that they are actively engaged in a dialogue with the banks and are currently waiting for the group to be issued a license and start […]
