The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the approval of spot-based Bitcoin (BTC) exchange-traded funds (ETFs) until October. This includes bids from financial firms Invesco, WisdomTree and Valkyrie. A Bitcoin ETF would give investors exposure to the crypto asset through brokerages, much like precious metals such as gold and silver. […]
GSR Markets Limited (“GSR”), a Ripple partner and leading digital asset liquidity provider and trading firm, has partnered with Standard Custody & Trust Company, LLC (“Standard Custody”), a New York Department of Financial Services regulated limited purpose trust company and qualified custodian. The partnership seeks to provide secure settlement and escrow services to its client […]
Immunefi, a security services platform that offers protection against Web3 bugs, estimated that hackers and fraudsters have drained approximately $23.4 million worth of digital assets from crypto projects in August. This figure is 92% less than the recorded losses in July when wrongdoers siphoned over $320 million. According to Immunefi, the exact losses that crypto […]
The cryptocurrency market is highly unpredictable, and recently the SEI token made a massive gain coinciding with Bitcoin’s price retracement to $28,000. This article will explain the surge of the SEI token, provide insights into BTC price prediction, and explore the prospects of the Bitcoin Spark ICO.SEI is the short form of “Stratos Ether Influence,” […]
SEBA Bank, a Switzerland-based financial institution that focuses on cryptocurrencies, has reportedly secured an approval-in-principle from Hong Kong’s securities regulator. The company now needs to comply with additional conditions for final approval before being eligible to provide digital asset services to local consumers.According to Bloomberg, the Hong Kong Securities and Futures Commission intends to grant […]
Ripple Labs and the US Securities and Exchange Commission (SEC) are preparing for the second round of their legal battle. The case has been ongoing for three years and revolves around the status of the XRP token. The SEC requested an interlocutory appeal, which was granted by Judge Analisa Torres. Ripple argued that the appeal […]
In the ever-changing world of cryptocurrencies, investors must remain vigilant as Ripple’s XRP faces a potential 20% price drop. Meanwhile, Borroe Finance’s ($ROE) presale is gaining momentum, offering investors an opportunity to participate in a top crypto project that aims to revolutionize the blockchain landscape.Ripple’s XRP has been subject to legal challenges from regulatory bodies, […]
Grayscale, one of the largest holders of Bitcoin, is also reportedly the second-largest holder of Ethereum, according to a recent report by crypto analytics platform Arkham Intelligence. The platform identified Grayscale Ethereum Trust on-chain, with the asset manager holding close to $5 billion in Ether.The crypto analytics firm noted that Grayscale’s ETH holdings were split […]
Nicholas Merten, the host of DataDash, has warned his 512,000 YouTube subscribers that the altcoin market cap could soon bleed out a whopping $60 billion. Merten believes that the altcoin market is in a bearish pattern after recent bounces failed to print higher highs, indicating that the downtrend is intact. He also believes that Ethereum […]
Shiba Inu’s Layer-2 scaling solution, Shibarium, has seen a surge in popularity with over 634,000 active addresses. The platform boasts 600,000 active wallets and facilitates over 700,000 transactions. In the past 24 hours, an impressive 52 million SHIB tokens were destroyed, effectively reducing the circulating supply. The public launch of Shibarium is responsible for the […]
