Wall Street Memes: Crypto Analysts Predict 100x Gains Ahead of Exchange Listing, Staking Mechanism Offers Up to 80% APY

Wall Street Memes (WSM) is a top contender in the crypto world, with its successful presale and strong community engagement. Crypto analysts have dubbed it a potential “Shiba Inu coin killer” and YouTubers have predicted 100x gains. An anonymous crypto whale invested $1 million in the presale, and the project is now less than a […]

Odds of Spot Bitcoin ETF Approval Increase to 75%, Analysts Say

The US Securities and Exchange Commission (SEC) is facing increasing pressure to approve Grayscale’s ETF application following a court ruling in favor of the asset manager. Bloomberg ETF analysts have increased the odds of Spot Bitcoin ETFs launching this year to 75%. The analysts had previously put the odds of ETF approval this year at […]

Grayscale Wins Legal Victory Against SEC, Ramaswamy Optimistic for US Crypto Innovation

Vivek Ramaswamy, a Republican presidential candidate, has expressed optimism about Bitcoin’s prospects and views Grayscale’s recent victory as a promising indicator for cryptocurrency innovation in the United States. Ramaswamy criticized regulators, such as the Securities and Exchange Commission (SEC), describing them as a shadow government and claiming they were out of control.Grayscale achieved a significant […]

Judge Failla Declares Ethereum a Crypto Commodity, ETH Price Surges 4%

In a landmark ruling, United States District Judge Katherine Polk Failla has declared Ethereum (ETH) and Bitcoin as “crypto commodities” while dismissing a class-action lawsuit against Uniswap. This decision offers a definitive stance in the ongoing SEC vs. CFTC jurisdiction battle.The lawsuit was filed in April 2022 by six crypto investors who had fallen prey […]

SEC Struggles in Court as Ripple and Coinbase Push for Crypto Regulation Change

The SEC is facing mounting legal setbacks in its case against Ripple and Coinbase, potentially signaling a shift in the regulatory landscape for cryptocurrencies. Ripple’s Chief Legal Officer, Stuart Alderoty, has commented that recent court rulings show the SEC’s approach as “arbitrary and capricious.” This sentiment was echoed in the recent Grayscale Bitcoin ETF case, […]

Latin American Crypto Adoption Grows with Binance and Circle Initiatives

This week has seen a flurry of activity in the crypto sector in Latin America, with both Binance and Circle announcing key initiatives. Binance is introducing a ‘Send Cash’ feature that enables crypto-to-bank transfers for residents of nine Latin American countries, while Circle is partnering with Mercado Pago in Chile to offer its USD Coin.Binance’s […]

Bitcoin ETF Approval Odds Rise to 75% by 2023, 95% by 2024

Bloomberg has raised the odds of a Bitcoin ETF gaining approval to 75% by the end of 2023 and 95% by 2024, following Grayscale’s legal win against the U.S. Securities and Exchange Commission (SEC). The SEC is now expected to make ‘first deadline’ decisions on seven major Bitcoin ETF applications from industry giants like BlackRock, […]