The US Securities and Exchange Commission is set to make a decision on the first of seven applications to launch spot Bitcoin ETFs on Thursday. The SEC has been hesitant to approve a spot ETF application because it believes the Bitcoin market is prone to price manipulation. However, Bloomberg ETF analyst James Seyffart believes the […]
Trust Wallet Token (TWT) has seen a 4.2% decline in the last 30 days, with a slight increase in selling pressure in the last seven days. At 6:24 a.m. EST, TWT’s price is $0.9, a 4.2% increase in the last 24 hours. This price gain has stirred hope among investors, but they are unsure if […]
Sonik Coin is a memecoin with a unique identity in the cryptocurrency market. It is currently in presale, with a price of $0.000014 that has remained stable despite the market downturn. The presale has amassed $800,556 so far, with only 5 days remaining before its conclusion.COIN IS POISED FOR SUCCESS DESPITE MARKET VOLATILITYSonik Coin stands […]
Robinhood, a United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the fifth largest holder of Ethereum (ETH). According to Arkham Intelligence, an on-chain analytics platform, Robinhood controls 1.72 million ETH, worth $2.93 billion at current prices as of August 30. It is unclear whether Robinhood directly owns these coins […]
The Southern District Court of New York (SDNY) recently dismissed a class action lawsuit against Uniswap, the leading decentralized exchange. The lawsuit was filed by an investor from North Carolina who claimed that Uniswap had sold unregistered securities and failed to register as an exchange or broker-dealer. The investor had lost around $10,000 after buying […]
Coinbase, a global payments giant, has recently announced a collaboration with PayPal to simplify the process of buying and withdrawing cryptocurrency for individuals in Germany and the United Kingdom. This partnership will allow users to instantly withdraw Coinbase balances directly to PayPal accounts, eliminating the need for traditional methods like wire transfers. Coinbase plans to […]
A United States District Court judge has declared Ether (ETH) and Bitcoin (BTC) as “crypto commodities” in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. Judge Katherine Polk Failla, who is also overseeing the SEC lawsuit against Coinbase, dismissed the case brought by Uniswap users who claimed they lost money due […]
A recent victory by Grayscale against the federal securities regulator has raised the probability of an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, according to Bloomberg analysts. Eric Balchunas, a senior ETF analyst at Bloomberg, said the chances have risen to 75% from an earlier 65%. James Seyffart and Elliot Stein, […]
Circle, a cryptocurrency financial services company, is launching a series of events called “StableSeptember” to promote the use of stablecoins. The first of these launches will take place on August 31, 2023.Stablecoins are digital assets that are pegged to a stable asset, such as the US dollar, and are designed to maintain a stable value. […]
Robinhood Wallet, the popular multi-chain, self-custody, Web3 wallet, has recently introduced new features to meet the demands of its growing user base. The wallet now supports Bitcoin (BTC) and Dogecoin (DOGE), allowing users to custody, send, and receive these cryptocurrencies. Additionally, the platform has enabled on-app swaps on the Ethereum (ETH) network, with select users […]
