FTX Estate Stakes Over $122 Million in Solana’s Native Token SOL

FTX estate, a prominent player in the cryptocurrency market, has shown bullishness towards Solana’s native token, SOL. On October 13, FTX staked over 5.5 million SOL coins, worth $122 million, through Figment, a staking validator firm. This move was detected by blockchain tracker Whale Alert and confirmed by on-chain researcher Ashpool. Staking involves locking up […]

Controversy Surrounds Ethereum’s Alleged Favoritism by SEC in Government Corruption Scandal

Ripple’s Chief Technology Officer (CTO), David Schwartz, has responded strongly to comments made by Charles Hoskinson regarding Ethereum’s alleged preferential treatment by the SEC. Schwartz argued that government favoritism aligned with personal interests is a form of corruption. The controversy surrounding Ethereum’s interactions with the SEC has been fueled by the recent disclosure of “Hinman […]

Coinbase Urges Court to Compel SEC Action on Crypto Rulemaking Petition

Coinbase, a leading cryptocurrency exchange, has submitted a formal response to the United States Securities and Exchange Commission (SEC) regarding its rulemaking petition. The company is urging the SEC to provide a timely and public response to its appeal, expressing frustration with the lack of communication and transparency from the financial regulator. Coinbase’s Chief Legal […]

Ferrari Embraces Crypto Payments in Response to Market Demand

Luxury sports car manufacturer Ferrari has announced that it will now accept cryptocurrency payments for its vehicles in the U.S., with plans to expand the service to Europe. This move comes in response to demand from wealthy clients and follows the hesitation of other prominent companies to accept cryptocurrency due to its volatility and regulatory […]

Bloomberg Analysts Predict 90% Chance of Spot Bitcoin ETF Approval by SEC in 2022

Bloomberg ETF analysts James Seyffart and Eric Balchunas predict that the US Securities and Exchange Commission (SEC) could approve a Spot Bitcoin ETF as early as next year. They estimate a 90% chance of approval by January 10, which is the deadline for the SEC’s decision on ARK Invest’s application. This prediction comes after ARK […]

Ferrari Embraces Cryptocurrency: Luxury Car Maker to Accept Crypto Payments in the US and Europe

Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand and the growing popularity of digital currency investments. Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed that the company will initially accept crypto […]

Ferrari Embraces Cryptocurrency: Luxury Car Maker to Accept Crypto Payments in the US and Europe

Ferrari, the renowned luxury car manufacturer, has announced its decision to accept cryptocurrency payments for its high-end vehicles in the United States. This move comes in response to increasing customer demand and the growing popularity of digital currency investments. Ferrari’s chief marketing and commercial officer, Enrico Galliera, confirmed that the company will initially accept crypto […]

SEC Will Not Appeal Court’s Decision on Grayscale Bitcoin Trust Conversion to ETF

The United States Securities and Exchange Commission (SEC) has reportedly decided not to appeal a recent court decision regarding a case between the SEC and Grayscale Investments. The court had granted Grayscale’s request to convert its Grayscale Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF) after the SEC initially denied the request. According to […]

Ferrari to Accept Cryptocurrency Payments for Luxury Cars in the US and Europe

Ferrari, the renowned luxury car brand, has announced its decision to accept cryptocurrency payments for its sports cars in the United States and plans to expand this payment option to Europe. The move comes in response to growing customer demand and requests from dealers, with many young investors showing interest in digital currencies. While the […]

Elon Musk and Bill Ackman Collaborate on Integrating Dogecoin into X Platform

Elon Musk, the CEO of Twitter (now known as X), is rumored to be collaborating with Bill Ackman, the CEO of Pershing Square Capital Management, to integrate cryptocurrencies like Bitcoin and Dogecoin into the social media platform. This speculation has sparked optimism among supporters of Dogecoin, who hope that this collaboration will lead to a […]