The crypto markets have seen a surge of $65 billion following a court ruling in favor of Grayscale in its lawsuit against the SEC. This has reversed the recent bearish sentiment and has analysts and observers eyeing the next bull cycle. The possibility of a spot Bitcoin ETF is seen as bullish, but the SEC […]
The EOS token has been granted whitelist approval by Japan’s crypto regulator, allowing it to be traded against the Japanese yen on regulated exchanges in the country. The EOS Network Foundation (ENF) announced that the token has received whitelist approval from the Japanese Virtual and Crypto Asset Exchange Association. Trading for the token will be […]
Elon Musk-led company X (formerly Twitter) has successfully secured the necessary authorization to function as a payment hub in the United States. This follows Grayscale’s victory on August 29 over the US Securities and Exchange Commission and the social network’s January 2022 approval of the use of NFTs as profile images. X has obtained a […]
Binance, a cryptocurrency exchange, is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution. The new product, called “Send Cash”, allows users from nine countries to transfer crypto funds directly to bank accounts. The countries include Colombia, Honduras, Guatemala, Argentina, Costa Rica, Paraguay, the Dominican Republic, Panama, and […]
Bitcoin Cash (BCH) is currently trading at $196.18, with a market cap of $3.7 billion and a circulating supply of 19.4 million. According to the daily chart, the Bitcoin Cash price may continue to face the upside and this could make the coin hit the nearest resistance level of $205. However, it is likely for […]
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 […]
SEBA Bank, a Swiss bank with a crypto-friendly arm in Hong Kong, has been granted in-principle approval from the Hong Kong Securities and Futures Commission (SFC) to deal in virtual assets. This license will allow SEBA Hong Kong to offer services such as over-the-counter derivatives, asset management for discretionary accounts in virtual assets, and advice […]
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 […]
