As expected by analysts, the Securities and Exchange Commission (SEC) has again delayed its upcoming decision on whether to approve a slew of Bitcoin spot ETF applications. This pushes forward their respective decision dates by another 45 days. According to the SEC’s website, decisions for proposed ETFs from Blackrock, Invesco, WisdomTree, Valkyrie, Bitwise, VanEck, and Fidelity have all been postponed. “The Commission finds it appropriate to designate a longer period within...
Read More »Presidential Candidate Ramaswamy Says Grayscale’s Win ‘Clears a Path to Keep BTC in the US’
The American entrepreneur Vivek Ramaswamy, who is one of the US Presidential nominees of the Republican Party, thinks Grayscale’s court victory against the SEC is positive news that could keep Bitcoin and blockchain innovation within the States rather than see it relocate abroad. The 38-year-old businessman has presented himself as a proponent of the primary cryptocurrency and a critic of the possible launch of a central bank digital currency (CBDC) in America. Praising...
Read More »Robhinood Holds the 5th Largest ETH Wallet Worth Over $2.5 Billion: Data
US-based investing and trading platform giant Robinhood has been identified as the owner of the fifth largest Ethereum (ETH) wallet address, accounting for the second-largest crypto holding in its portfolio after Bitcoin (BTC). The company’s wallet app recently added support for Bitcoin and Dogecoin while including an Ethereum swap feature. Robinhood Has 1.493 Million ETH in its Cold Wallet Data by Arkham Intelligence shows that a Robhinhood cold wallet address holds...
Read More »Bitcoin Slinks Back to $26k Triggering $100 Million In Liquidations
Bitcoin’s rally to nearly $28,000 this week was short-lived. On Thursday, the top crypto asset fell back to $26,300, which was roughly its level before the pump. According to Coinglass, the price dump has triggered $103.58 million in liquidations over the past 24 hours, including $3.12 million liquidation on Bybit.In total, over 34,700 traders were liquidated by the price drop. The collapse comes shortly after a brief rally for Bitcoin on Tuesday, when Grayscale confirmed a...
Read More »US Judge Dismisses Class Action Suit against Uniswap
Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...
Read More »How Did Gary Gensler Trap SEC in an APA Maze of Its Own Making? (CoinShares Report)
As the US Securities and Exchange Commission (SEC) faces mounting political pressure to greenlight a bitcoin ETF following its recent court loss, there’s an opposing viewpoint that insists on maintaining the current stance. However, CoinShares product head Townsend Landing believes the financial regulator is stuck in a maze of its own making. ‘Hoist With His Own Petard’ The Court, comprising three judges, each representing different political inclinations, reached a unanimous...
Read More »This is the Crucial Level SHIB Must Break to Turn Bullish: Shiba Inu Price Analysis
Shiba Inu’s native token has been demonstrating bearish price action over the past few weeks since getting rejected at a critical resistance level. Yet, a more severe decline may still occur in the short term. Technical Analysis By Edris The SHIB/USDT Chart On the USDT-paired chart, the price has been rejected from the $0.000011 resistance level, leading to an impulsive drop below the 50-day and the 200-day moving averages located around the $0.0000085 and $0.0000095 levels,...
Read More »Bloomberg ETF Experts Predict 75% Chance for Spot Bitcoin ETF Launch in 2023
Two Bloomberg exchange-traded fund (ETF) analysts, Eric Balchunas and James Seyffart, predicted that there is a 75% chance the United States will have a spot Bitcoin ETF by the end of 2023, following Grayscale’s win against the US Securities and Exchange Commission (SEC). While the SEC has approved future-based Bitcoin ETFs, the Commission is yet to green-light any spot Bitcoin ETF application. Spot Bitcoin ETF Coming to the US in 2023? Eric Balchunas and fellow Bloomberg ETF...
Read More »Bitcoin meetup à Lanester (Morbihan)
Bitcoin meetup à Lanester (Morbihan) dans le cadre des rencontres proposées par Découvre Bitcoin. Où ? – Bar le Constant, rue Général de Bollardière à Lanester (Morbihan) Quand ? – Vendredi 1er septembre de 18h30 à 22h00 En savoir plus : https://t.me/Lorient_bitcoin_meetup – https://twitter.com/BitcoinLorient – https://www.meetup.com/fr-FR/breizh-bitcoin/events/ ...
Read More »T’as où l’Bitcoin ? – Conférence à Monthey (Suisse)
« Le Bitcoin t’intéresse de près ou de loin et tu désire en savoir plus ? Rejoins nous à la première conférence Valaisanne dédiée à cet actif. Une belle soirée en perspective avec des intervenants de qualité et un apéritif dînatoire. » Conférence organisée par Christopher Zumofen. Entrée : 15 CHF (Apéritif dinatoire inclus) hors boissons Où ? – Salle de la Gare, 60 Avenue de la Gare 60 à...
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