Bitcoin has seen a surge in price following a court ruling that could potentially lead to the US getting its first Bitcoin ETF. The US Securities and Exchange Commission (SEC) was ordered to “vacate” its rejection of Grayscale’s bid to convert its Grayscale Bitcoin Trust into an ETF. This could mean that the US is […]
Elon Musk’s social media giant, X (Twitter), has been granted a currency transmitter license in Rhode Island, allowing it to engage in various financial activities, including facilitating money transfers, enabling digital payments, and exploring the world of cryptocurrencies. This license places X in a favourable position to venture into cryptocurrency payments, as it encompasses traditional […]
Kinetix Finance, a venture from the core contributors of Quickswap, has launched their next project on Kava Chain. Kava Chain is a Layer-1 blockchain that combines the power of Ethereum with the speed and interoperability of Cosmos. Kinetix’s Perpetual Market allows users to leverage trade on the Kava Chain with five supported assets: KAVA, axlETH […]
Kinetix Finance, a venture from the core contributors of Quickswap, has launched their next project on Kava Chain. Kava Chain is a Layer-1 blockchain that combines the power of Ethereum with the speed and interoperability of Cosmos. Kinetix’s Perpetual Market allows users to leverage trade on the Kava Chain with five supported assets: KAVA, axlETH […]
Kinetix Finance, a venture from the core contributors of Quickswap, has launched their next project on Kava Chain. Kava Chain is a Layer-1 Cosmos-Ethereum interoperability blockchain. Kinetix Finance’s Perpetual Market allows users to leverage trade on the Kava Chain with crypto assets such as KAVA, axlETH, axlWBTC, ATOM, and USDt. The Perpetual Market is powered […]
US Representative Warren Davidson has been pushing for the removal of Gary Gensler as the chairman of the Securities and Exchange Commission (SEC) following Grayscale’s recent win in court against the agency. Industry stakeholders and the crypto community believe Gensler’s regulation by enforcement approach towards the crypto industry has caused more harm than good to […]
Bitcoin Cash (BCH) experienced a surge in price and trading volume after the United States Court of Appeals for the D.C. Circuit paved the way for a Bitcoin ETF approval. The price of BCH rose 15 percent in the past 24 hours to reach a daily high of $227, and has stabilized around $216 in […]
Ethereum price surged on Tuesday as investors remained optimistic about cryptocurrencies. ETH coin jumped to a high of $1,738, the highest level since August 17th. The main catalyst for the surge was the decision by a US court to side with Grayscale in a lawsuit against the SEC. Investors hope that the SEC will move […]
Coinbase’s stock experienced a significant surge on Aug. 29 after reports emerged that a federal judge had ruled in favor of Grayscale in their SEC legal dispute. In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, marking an increase of over 15% over the […]
Tether, the issuer of the prominent stablecoin USDT, has taken a strategic step by partnering with Britannia Bank & Trust, a private financial institution based in the Bahamas. This move is intended to enhance Tether’s dollar transfer processes, and the partnership has been underway for the past few months.The cryptocurrency and financial sectors are awaiting […]
