API3 is a cryptocurrency that is currently trading at $1.09, with a market cap of $93.8 million and a circulating supply of 86.4 million. It is currently ranked #184 on CoinmarkAPI3ap. The API3 price prediction shows that the coin is beginning to restart the uptrend after trading below the 9-day and 21-day moving averages.The API3/USD […]
The United States Securities and Exchange Commission (SEC) is facing its first deadlines to decide on seven new Bitcoin exchange-traded fund (ETF) applications. The latest deadline is September 4th. Investment firm Bitwise will learn if its ETF will win the SEC’s approval on September 1st, while BlackRock, VanEck, Fidelity, Invesco and Wisdomtree will all be […]
On August 29, Ethereum prices surged, and a whale bought 8,000 ETH at $1,709, spending 13.66 million USDC. The coin may post even more gains in the sessions following a shift in trader sentiment after a favorable appellate court ruling in the case pitting Grayscale, the issuer of several trusts, including the Bitcoin Trust, versus […]
Bitcoin’s recent sell-off has caused a shift in focus to on-chain metrics, with one indicator pointing to a potentially volatile September. The realized loss momentum, a tool developed by Glassnode, is designed to detect significant market turning points. This metric, based on the activity of short-term holders, could be used to predict Bitcoin’s next move.The […]
CoinSwitch, an Indian cryptocurrency exchange backed by Andreessen Horowitz (a16z), has recently reduced its team by 7%, or 44 people. This decision was made due to the decreasing level of customer activity. A spokesperson of the platform explained that the team was right-sized to align with the present volume of customer queries.CoinDCX, another local digital […]
The U.S. Court of Appeals for the D.C. Circuit has ruled in favor of Grayscale in its lawsuit against the Securities and Exchange Commission (SEC). The court found that the SEC had failed to adequately explain why it approved two bitcoin futures ETPs but not Grayscale’s proposed bitcoin ETP.Grayscale had accused the SEC of “arbitrary […]
The crypto community was delighted when the District of Columbia Circuit Court of Appeals overturned the United States Securities and Exchange Commission’s (SEC) rejection of Grayscale Investments’ Bitcoin spot ETF application. Adam Cochran of Cinneamhain Ventures and Miles Deutscher, an influencer, both expressed their enthusiasm on X. Grayscale’s chief legal officer Craig Salm acknowledged the […]
Grayscale has won a major victory in court against the Securities and Exchange Commission (SEC), bringing the U.S. market one step closer to approval of a Bitcoin spot ETF. Bloomberg Intelligence Senior Legal Analyst Elliot Z. Stein had given Grayscale a 70% chance of winning its lawsuit against the SEC. Grayscale’s lawsuit accused the SEC […]
Miami Mayor Francis Suarez, who was one of the few cryptocurrency-friendly candidates running for president of the United States in 2024, has announced he will be suspending his campaign. In an Aug. 29 announcement on X (formerly Twitter), Suarez said that while running for U.S. president had been “one of the greatest honors of [his] […]
Binance, the world’s largest cryptocurrency exchange, held its first Community Meetup in Yerevan, Armenia. The event comes amid reports that the crypto giant is considering an exit from Russia due to regulatory pressures from the United States and Europe. Vladimir Smerkis, the General Manager and regional director of Binance in Russia and the CIS countries, […]
