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 […]
Pikamoon (PIKA) is a pioneering meme coin that is currently experiencing a meteoric rise. The ongoing third phase of the presale has seen a 100% price surge, with PIKA now trading at $0.0006. This unceasing growth has led to esteemed industry analysts confidently predicting a remarkable 10,000% surge before the year’s end.Dogecoin (DOGE) investors are […]
Ethereum price surged on Tuesday as investors remained optimistic about cryptocurrencies. ETH coin jumped to a high of $1,738, the highest level since August 17th. The main catalyst for the surge was the decision by a US court to side with Grayscale in a lawsuit against the SEC. Investors hope that the SEC will move […]
The Ad Hoc Group of Genesis Global Capital (GGC) lenders have responded to a public bankruptcy plan update, calling the reached in-principle agreement “wholly insufficient”. The agreement was reached between the Digital Currency Group (DCG) and the unsecured creditors (UCC) and debtors, proposing USD equivalent recoveries of 70%–90%. The Ad Hoc Group argued that the […]
Coinbase’s stock experienced a significant surge on Aug. 29 after reports emerged that a federal judge had ruled in favor of Grayscale in their SEC legal dispute. In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, marking an increase of over 15% over the […]
Dogecoin (DOGE) has seen a 5% increase in price over the last 24 hours, mirroring the trends of the cryptocurrency market. This rally was sparked by the U.S. Securities and Exchange Commission’s (SEC) setback in preventing Grayscale Investments, a crypto investment platform, from converting its Bitcoin trust into an exchange-traded fund (ETF). This ruling caused […]
Circle, the issuer of USDC, is partnering with Mercado Libre, a Latin American e-commerce platform with over 200 million users. This collaboration will allow users of Mercado Pago, the fintech service of Mercado Libre, to make payments using USDC in key markets, starting with Chile. Over two million Chileans are already Mercado Pago users.The partnership […]
HashKey Exchange and imToken have announced a strategic partnership to promote crypto adoption in the retail market. The collaboration will combine the strengths of Web2 and Web3 to offer secure asset management for customers. HashKey will provide a trusted and compliant trading platform for imToken users, while imToken will become the exchange’s official non-custodial wallet […]
Tether, the issuer of the prominent stablecoin USDT, has taken a strategic step by partnering with Britannia Bank & Trust, a private financial institution based in the Bahamas. This move is intended to enhance Tether’s dollar transfer processes, and the partnership has been underway for the past few months.The cryptocurrency and financial sectors are awaiting […]
