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2 years, 1 month ago
SEC Decision on Bitcoin ETFs Looms, Grayscale Wins Lawsuit
The US Securities and Exchange Commission is set to make a decision on the first of seven applications to launch spot Bitcoin ETFs on Thursday. The SEC has been hesitant to approve a spot ETF application because it…
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2 years, 1 month agoWall Street Memes: Will SONIK Coin Outperform TWT?
Trust Wallet Token (TWT) has seen a 4.2% decline in the last 30 days, with a slight increase in selling pressure in the last seven days. At 6:24 a.m. EST, TWT’s price is $0.9, a 4.2% increase in the last 24 h…
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2 years, 1 month agoSonik Coin Presale Sees Explosive Growth Despite Market Turmoil, Fueled by Iconic Sonic Game Franchise and Dedicated Community Support
Sonik Coin is a memecoin with a unique identity in the cryptocurrency market. It is currently in presale, with a price of $0.000014 that has remained stable despite the market downturn. The presale has amassed…
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2 years, 1 month agoRobinhood Digital Wallet Fifth Largest Holder of Ethereum Worth $2.93 Billion
Robinhood, a United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the fifth largest holder of Ethereum (ETH). According to Arkham Intelligence, an…
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2 years, 1 month agoUniswap Wins Class Action Lawsuit in US Court, Crypto Lawyers Rejoice
The Southern District Court of New York (SDNY) recently dismissed a class action lawsuit against Uniswap, the leading decentralized exchange. The lawsuit was filed by an investor from North Carolina who claimed…
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2 years, 1 month agoCoinbase and PayPal Partner to Simplify Crypto Purchases in Europe
Coinbase, a global payments giant, has recently announced a collaboration with PayPal to simplify the process of buying and withdrawing cryptocurrency for individuals in Germany and the United Kingdom. This…
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2 years, 1 month agoJudge Rules Ether and Bitcoin Are Crypto Commodities
A United States District Court judge has declared Ether (ETH) and Bitcoin (BTC) as “crypto commodities” in her dismissal of a class action lawsuit against the decentralized exchange Uniswap. Judge Katherine Pol…
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2 years, 1 month agoBloomberg Analysts Raise Probability of Bitcoin ETF Approval by End of 2023
A recent victory by Grayscale against the federal securities regulator has raised the probability of an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, according to Bloomberg analysts. Eric…
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2 years, 1 month agoCircle Launches 'StableSeptember' Event with Multiple Launches
Circle, a cryptocurrency financial services company, is launching a series of events called “StableSeptember” to promote the use of stablecoins. The first of these launches will take place on August 31, 202…
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2 years, 1 month agoRobinhood Wallet Expands Crypto Support with On-App Swaps and Fiat Onramp
Robinhood Wallet, the popular multi-chain, self-custody, Web3 wallet, has recently introduced new features to meet the demands of its growing user base. The wallet now supports Bitcoin (BTC) and Dogecoin (DOGE),…
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2 years, 1 month agoCoinbase Acquires Minority Stake in Circle, USDC to Become Native on Base Network
Coinbase and Circle have recently announced a new agreement, with Coinbase acquiring a minority stake in Circle. This agreement follows two years of split governance between the two companies. Circle has also…
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2 years, 1 month agoBloomberg Analysts Predict High Likelihood of Bitcoin ETF Launch by End of 2024
A federal court ruling this week has increased the likelihood of a Bitcoin (BTC) exchange-traded fund (ETF) launching by the end of the year. According to Bloomberg ETF experts James Seyffart and Eric Balchunas,…
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2 years, 1 month agoBitcoin Sharks and Whales Buy Ahead of Rally, Price Surges 3%
Bitcoin investors holding between 10 to 10,000 BTC bought ahead of the rally, according to data from the on-chain analytics firm Santiment. The “BTC Supply Distribution” metric shows that these large BTC hol…
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2 years, 1 month agoGrayscale CEO Promises Lower Fees if Bitcoin Trust Becomes ETF
Grayscale CEO Michael Sonnhenshein spoke to CNBC’s Squawk Box on Wednesday to discuss the company’s recent victory in its lawsuit against the Securities and Exchange Commission (SEC). The court determined that the…
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2 years, 1 month agoRobinhood Holds $2.7 Billion in Ethereum-Based Tokens
Robinhood, a trading app company, has been identified as the owner of the fifth-largest Ethereum address, holding 1.5 million ETH ($2.54 billion). This address also holds $177 million of other ERC-20 tokens. Arkham…
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2 years, 1 month agoJudge Dismisses Class Action Suit Against Uniswap Labs and Backers
A U.S. District judge has dismissed a class action lawsuit against Uniswap Labs and its backers for allegedly abetting token scams. The judge concluded that current law does not provide a legal avenue for enforcing…
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2 years, 1 month agoOKX Publishes 10th Proof-of-Reserves Report, Users Call for Transparency
OKX, a leading cryptocurrency exchange, has released its tenth consecutive proof-of-reserves (PoR) report. The report shows that the exchange holds $10.4 billion in primary crypto assets such as Bitcoin (BTC),…
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2 years, 1 month agoUniswap Class Action Lawsuit Dismissed by US Court
A US court has dismissed a class action lawsuit against Uniswap, a crypto platform. The suit alleged that users lost money in scam tokens on the platform, but the judge ruled that the software provider cannot be…
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2 years, 1 month agoGrayscale Wins Significant Victory Over SEC in Bitcoin ETF Case
Grayscale, a crypto investment manager, has won a significant victory over the Securities and Exchange Commission (SEC) in the United States Court of Appeals for the District of Columbia Circuit. The court revoked…
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2 years, 1 month agoCrypto Analyst Predicts Bitcoin Could Drop 16% in September
Crypto analyst Benjamin Cowen has warned that Bitcoin (BTC) could experience a major market correction in September. Cowen, who has 762,500 followers on the social media platform X, believes that Bitcoin could drop…
