The U.S. federal appeals court has signaled to the U.S. Securities and Exchange Commission (SEC) to reconsider its previous decision regarding Grayscale Investments’ proposal to transition the Grayscale Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF). According to experts, this
The Middle East has always acted as a friend of the crypto industry, and one more country is making headlines this time by investing $1.1 billion in Bitcoin mining. H.E. Sheikh Mansour Bin Taleb Bin Ali Al Hinai, Chairman of
WikiLeaks founder Julian Assange will address a political rally in the metaverse, as part of a virtual protest against the guerrilla publisher’s extradition to the U.S., where he is wanted on charges of espionage. Organized by the ‘Don’t Extradite Assange
Amid the rising global crypto fervor, China has made significant headlines by sentencing a former provincial official, Yi Xiao, to life imprisonment for corruption, which includes aiding cryptocurrency mining. This action has demonstrated China’s stringent stand on illegal financial activities
Since the end of Ethereum mining in September 2022, former crypto mining firm HIVE Digital Technologies has been transforming its considerable GPU resources into a cloud infrastructure powerhouse. As per a recent X post, the move reflects the shift from
Bitcoin Ordinals non-fungible tokens (NFTs) may be losing style as trading and sales volume crashed over 99% since May, according to a new report from DappRadar. The crypto tracking platform described the decline as “alarming.” Published Aug. 17, the report
SpaceX reduced the value of Bitcoin on its balance sheet by $373 million last year and in 2021. Tesla also offloaded Bitcoin last year. While the sale of Tesla’s Bitcoin (BTC) is in the public domain, details surrounding SpaceX’s holdings
Tether (USDT), Dai (DAI), and RAI stablecoins will no longer be available for trade on Coinbase’s Canadian platform as of August 31 due to legislative changes in the country. The company emailed customers on August 17 to inform them of
SEC greenlights the first-ever Ethereum Futures ETF, marking a major milestone in the crypto industry. Valkyrie’s listing, expected in October, signals a turning point for Ethereum investors. The United States Securities and Exchange Commission (SEC) is expected to approve the
In an interview with Cowboy State Daily, Custodia Bank’s CEO, Caitlin Long, has spoken out against the regulatory crackdown on digital assets by Washington, D.C. Long voiced opposition in the interview, stating that despite facing significant regulatory hurdles, her Bank
London-based Jacobi Asset Management has listed Europe’s inaugural Bitcoin ETF on the Euronext Amsterdam exchange. The Jacobi FT Wilshire Bitcoin ETF, trading under the ticker BCOIN, is a pioneering development that offers institutional investors a way to invest in Bitcoin.
According to former SEC Attorney John Reed Stark, the SEC is unlikely to approve a Bitcoin Spot ETF under the current leadership of Gary Gensler. Stark claims that cryptocurrency is a partisan issue in the U.S., and the only thing
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