Bitcoin Hits New High for 2023, Ethereum ETF Application Open for Public Comments, Binance to Phase Out BUSD, and More

Bitcoin has reached a new high for the year, surpassing $39,500, which has brought joy to crypto enthusiasts and investors worldwide. In November, MicroStrategy, the largest corporate holder of Bitcoin, purchased around 16,139 BTC worth approximately $608 million at current prices. The US Securities and Exchange Commission (SEC) has opened the floor for public comments […]

Bitcoin Hits New High for 2023, Ethereum ETF Application Open for Public Comments, Binance to Phase Out BUSD, and More

Bitcoin has reached a new high for the year, surpassing $39,500, which has brought joy to crypto enthusiasts and investors worldwide. In November, MicroStrategy, the largest corporate holder of Bitcoin, purchased around 16,139 BTC worth approximately $608 million at current prices. The US Securities and Exchange Commission (SEC) has opened the floor for public comments […]

The Impact of Do Kwon’s Legal Troubles on Terra Luna’s Stability

Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]

The Impact of Do Kwon’s Legal Troubles on Terra Luna’s Stability

Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]

Major Financial Institutions in Germany and Switzerland Embrace Crypto

Both in Germany and Switzerland, various crypto announcements have been observed in recent months. Two weeks ago, Commerzbank became the first universal bank in Germany to receive the custody license from the financial supervisory authority. Deutsche Bank and DZ Bank, the larger competitors, have also submitted applications to BaFin and plan to launch their offerings […]

Major Financial Institutions in Germany and Switzerland Embrace Crypto

Both in Germany and Switzerland, various crypto announcements have been observed in recent months. Two weeks ago, Commerzbank became the first universal bank in Germany to receive the custody license from the financial supervisory authority. Deutsche Bank and DZ Bank, the larger competitors, have also submitted applications to BaFin and plan to launch their offerings […]

Cardano Founder Exposes Bitcoin’s Centralized Origins and US Regulatory Threats

Cardano founder Charles Hoskinson has recently shared some intriguing insights about Bitcoin and the regulatory landscape surrounding cryptocurrencies in the United States. In a live video, Hoskinson discussed the decentralized nature of Bitcoin and the criticism it receives from Bitcoin maximalists who tend to dismiss other cryptocurrencies like Cardano. He revealed that one of the […]

Cardano Founder Exposes Bitcoin’s Centralized Origins and US Regulatory Threats

Cardano founder Charles Hoskinson has recently shared some intriguing insights about Bitcoin and the regulatory landscape surrounding cryptocurrencies in the United States. In a live video, Hoskinson discussed the decentralized nature of Bitcoin and the criticism it receives from Bitcoin maximalists who tend to dismiss other cryptocurrencies like Cardano. He revealed that one of the […]

SEC Holds Meetings with Grayscale and Other Asset Managers for Spot Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) has been holding meetings with various asset managers regarding their proposals for spot Bitcoin exchange-traded funds (ETFs). In late November, the SEC met with Grayscale and seven other applicants for spot Bitcoin ETFs. Grayscale, a prominent digital asset management firm, has had multiple meetings with the SEC, including […]

SEC Holds Meetings with Grayscale and Other Asset Managers for Spot Bitcoin ETF Approval

The U.S. Securities and Exchange Commission (SEC) has been holding meetings with various asset managers regarding their proposals for spot Bitcoin exchange-traded funds (ETFs). In late November, the SEC met with Grayscale and seven other applicants for spot Bitcoin ETFs. Grayscale, a prominent digital asset management firm, has had multiple meetings with the SEC, including […]