Crypto
Today, the U.S. Securities and Exchange Commission (SEC) announced delays in its decisions regarding Bitcoin ETF applications from six companies out of seven—Fidelity, WisdomTree, Valkyrie, VanEck, Bitwise, and Invesco. The regulatory body stated it would need at least 45 more days to review these applications, pushing the deadline to mid-October. SEC’s Routine…
Bank messaging network SWIFT has said that blockchain interoperability is a better approach in the short term to financial solutions than uniting Central Bank Digital Currencies (CBDC) and other assets into a single ledger. In a recent release, “Connecting blockchains: Overcoming fragmentation in tokenized assets,” SWIFT noted that the financial market…
Bitcoin has managed to remount its 200-day exponential moving average after a period of decline since reaching its year-to-date peak in July.According to some analysts, holding this support level will indicate the cryptocurrency may have bottomed out from its drop over the summer.While Bitcoin battles to sustain its long-term dynamic…
The Chimpzee presale will move to the eleventh stage in one day. The presale has crossed the $1.25M milestone after witnessing huge community support over the last few days. The project’s green mission taking advantage of blockchain infrastructure has resonated with investors. According to industry analysts, the token launch will lead…
Vivek Ramaswamy, a Republican Presidential candidate, commended Grayscale’s recent legal victory against the federal securities regulator, stating that the decision would play a role in retaining Bitcoin and blockchain innovation within the United States rather than abroad.Grayscale had achieved a significant legal win against the SEC, which denied converting its…
Bitcoin (BTC) holdings in centralized digital asset exchanges have plunged 4% to 2 million signaling both positive and market-worsening concerns.According to recent data from CryptoQuant, the number of assets held in exchanges is at lows not recorded since January 2018. The figure which has fallen to levels not recorded in half…
According to a Bloomberg report, Binance Japan, the Japanese arm of the world’s largest crypto exchange, which recently launched full services, now plans to significantly expand its token offerings, aiming to present a minimum of 100 tokens soon. This intended increase is approximately three times the current selection.Binance Japan’s representative,…
The Bitcoin Cash price has moved to $218.93 today, marking a 1% gain in 24 hours and a 15% rise in a week.BCH’s increases have come after Grayscale won an appeal against the SEC, which had previously refused the asset manager’s application to open a spot Bitcoin ETF.But with the…
Arkham Intelligence has revealed that a wallet belonging to Robinhood holds more than $2.5 billion worth of Ethereum (ETH).In a Wednesday tweet, Arkham said the company has identified Robinhood as the owner of the 5th largest ETH wallet with 1.5 million ETH (worth $2.54 billion). The intelligence platform had previously identified Robinhood as the owner…
The price of Litecoin (LTC) has remained stable in the past 24 hours, with its current level of $67.70 representing a 3% gain in the past week.LTC had risen with the rest of the market over the past couple of days after Grayscale won its appeal against the SEC, yet…