The US Securities and Exchange Commission (SEC) has been speculated to drag Ripple Labs’ founders into the regulator’s long-running legal battle against their company. However, pro-XRP legal expert Fred Rispoli has outlined why this is unlikely.Rispoli stated that the SEC is unlikely to pursue a trial against Ripple’s CEO Brad Garlinghouse and Executive Chairman Chris […]
Hashdex, a digital asset management firm, has filed a spot Bitcoin ETF application with the United States Securities and Exchange Commission. The firm is looking to hold spot Bitcoin in its Bitcoin futures ETF, rebranding its DEFI ETF on the New York Stock Exchange (NYSE) to now Hashdex Bitcoin ETF.Hashdex has decided to not pursue […]
Hashdex, a crypto asset management company, has submitted an application to the U.S. Securities and Exchange Commission (SEC) for a Bitcoin futures ETF that will hold actual spot Bitcoin. Exchange-traded funds, or ETFs, are investment funds that track BTC’s value and trade on traditional stock exchanges rather than crypto exchanges. Hashdex’s approach differs from recent […]
Borroe ($ROE) is an AI-powered funding marketplace that provides instant funding to web3 participants and content creators. The platform recently raised $250,000 in its presale beta stage and is currently in its first presale stage, selling tokens for $0.0125. Borroe ($ROE) has sold over 13 million tokens at this stage, and investors are impressed with […]
XRP tokens worth $1.5 million were recently acquired, sparking discussions within the crypto community and hinting at the possibility of an impending price surge. This strategic move has been seen before in the cryptocurrency market, leading to substantial price fluctuations. The identity of the purchaser and the motive behind this investment remain undisclosed.This occurrence recalls […]
USD Coin, the world’s second-largest stablecoin by market capitalization, is set to launch on six new blockchains, including NEAR, Polkadot, and Base. This would make the stablecoin available on a total of 15 blockchains. The decision comes a day after Coinbase acquired a stake in USD Coin issuer Circle Internet Financial.The extension to the new […]
Tornado Cash, a crypto tumbler, is facing charges of money laundering and sanctions violations by its founders Roman Storm and Roman Semenov. The U.S. Attorney Damien Williams stated that the developers were aware of the illicit profits of at least $1 billion that were laundered through their technology. The Treasury Department’s Office of Foreign Asset […]
Coinbase, the American crypto giant, is in talks with some of Canada’s largest banking institutions in order to gain support for the local crypto ecosystem. This comes shortly after Coinbase announced its official entry into the Canadian crypto market.Lucan Matheson, Coinbase’s Director of Canadian Operations, is reportedly in talks with the tier-one banks in Canada, […]
Yesterday, JPMorgan analysts shared a positive outlook for the near-term trajectory of the crypto markets. According to their analysis, Bitcoin futures data suggests there is “limited downside” for crypto markets in the near future.Last week, the market took a hit when news broke that Elon Musk’s SpaceX sold some of its bitcoin holdings and China’s […]
Binance, the world’s largest cryptocurrency exchange, has announced the termination of its crypto debit cards for customers in the Latin America and Middle East regions from September 21, 2023. The card termination affects a “tiny portion” of its customers – less than 1% of users in the select regions.A crypto debit card enables users to […]
