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2 years, 1 month ago
Coinbase to Start Trading PayPal's PYUSD Stablecoin on Aug. 31
Coinbase has announced that it will start trading in PayPal’s newly launched stablecoin, PYUSD, on Aug. 31, provided that liquidity conditions are met. Trading will begin “on or after 9 AM PT” and will be rolle…
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2 years, 1 month agoGrayscale Victory Could Lead to Bitcoin Spot ETF Approval This Week
Grayscale Investments recently won a landmark victory over the US Securities and Exchange Commission, which could be a huge turnaround for the entire crypto industry. The SEC had previously rejected the firm’s r…
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2 years, 1 month agoTerra Luna Classic Community Unites Behind Revolutionary Debit Card Proposal
The Terra Luna Classic community is abuzz with excitement over a revolutionary proposal to introduce a decentralized debit card specifically designed for LUNC, the native cryptocurrency. The debit card aims to…
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2 years, 1 month agoSEC Delays Bitcoin ETF Approval, Market Value Drops to $26,100
The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on multiple pending Bitcoin ETF applications, including those from major investment firms such as WisdomTree, BlackRock,…
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2 years, 1 month agoTrust Machines Launches Leather Wallet to Accelerate Bitcoin Web3 Transition
Trust Machines, a company building the largest ecosystem of Bitcoin applications, has launched its flagship wallet brand, Leather. Leather is a Bitcoin wallet with the mission of driving the global transition to a…
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2 years, 1 month agoRipple Expands Services in US and Beyond with New Hire and NFT Launch
Ripple, the tech firm behind XRP, is now on a talent hunt for a Senior Specialist in Global Know Your Customer Due Diligence. This new hire will join Ripple’s Global Anti-Money Laundering & Sanctions Compliance t…
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2 years, 1 month agoRonaldinho Denies Involvement in Alleged $61 Million Crypto Pyramid Scheme
Retired pro soccer star Ronaldinho Gaúcho testified at a congressional hearing in Brazil on Aug. 31, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name. Ronaldinho claimed…
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2 years, 1 month agoEthereum Liquid Staking Providers Self-Limit to Ensure Network Decentralization
At least five Ethereum liquid staking providers have either imposed or are working to impose a self-limit rule in which they promise not to own more than 22% of the Ethereum staking market. This proposal aims to…
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2 years, 1 month agoAustralian Crypto Regulations: Banks Fear Scams, Exchanges Hope for Proactive Discussion
Ben Rose, General Manager of Binance Australia, is confident that the Australian government will make the right decisions when it comes to digital asset regulations. Despite recent hostility towards crypto,…
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2 years, 1 month agoSalesforce Earnings Report Surpasses Expectations, Stock Price Rallies
Salesforce Inc (NASDAQ: CRM) reported strong results in its second-quarter earnings call, with adjusted earnings of $2.12 per share and overall revenue of $8.60 billion. This marks an 11% rise in revenue in the…
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2 years, 1 month agoRipple Whales Move 483 Million XRP Tokens, Price Drops 8%
Ripple whales have recently moved 483 million XRP tokens, causing the token’s price to drop over 8% since Aug. 30. Despite this, XRP is still inside a bullish technical setup, called the ‘Falling Wedge’, which…
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2 years, 1 month agoSEC Faces Difficult Decision on Bitcoin ETFs After Court Defeat
The Securities and Exchange Commission (SEC) is faced with a difficult decision on how to handle the wave of Bitcoin spot ETF applications after suffering a defeat in court against Grayscale. The agency may choose…
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2 years, 1 month agoU.K. Crypto Businesses Must Comply With Travel Rule for Crypto Transfers
Cryptoasset businesses in the United Kingdom are now required to withhold certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on September 1. The Financial Conduct Authority…
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2 years, 1 month agoBitcoin Price Drops After SEC Delays ETF Applications
Bitcoin’s price has dropped nearly 5% in the last 24 hours, falling from around $27,300 to around $26,000, after the US Securities and Exchange Commission (SEC) delayed seven pending spot Bitcoin ETF a…
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2 years, 1 month agoCoinbase Adds PayPal USD Stablecoin Amid Binance USD Regulatory Concerns
Today, Coinbase announced that PayPal USD (PYUSD) is available for trading on its platform. This move comes after Binance’s decision to cut support for their BUSD stablecoin by 2024 due to regulatory concerns. B…
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2 years, 1 month agoCrypto Whales Accumulate $388 Million in Bitcoin Ahead of Grayscale Court Victory
Analytics firm Santiment has found that crypto whales purchased Bitcoin (BTC) in the day leading up to Grayscale’s court victory over the U.S. Securities and Exchange Commission (SEC). Santiment suggests that c…
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2 years, 1 month agoSEC Delays Decision on Bitcoin ETF Proposals
The SEC has delayed its decision on seven Bitcoin ETF proposals, including those from industry giants such as BlackRock, Fidelity, Bitwise, VanEck, Valkyrie, Invesco & Galaxy, and WisdomTree. This 45-day delay adds…
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2 years, 1 month agoGrayscale Wins Legal Battle Against SEC, Faces Challenges and Opportunities
Grayscale recently won a legal battle against the U.S. Securities and Exchange Commission (SEC) that could open the door for the digital asset management firm to transform its GBTC fund into a spot Bitcoin ETF. The…
