Coinbase’s Chief Legal Officer, Paul Grewal has recently used the law to back the approval of a Spot Bitcoin Exchange Traded Fund (ETF) by the United States Securities and Exchange Commission (SEC), highlighting that the US regulator should fulfill its responsibilities. Coinbase CLO Optimism On The Approval Of A Spot BTC ETF In an interview […]

The excitement surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) located in the United States is developing, as evidenced by the spike in Google searches for this cutting-edge financial instrument. The increased interest from the general public and retail investors highlights the growing excitement about the possible early 2024 launch of a spot […]

Pro-XRP legal expert Bill Morgan has voiced out his sentiments toward the US Securities and Exchange Commission (SEC) following the Commission’s decision to dismiss its claims against Ripple’s executives Brad Garlinghouse and Chris Larsen. Pro-XRP Lawyer Wishes SEC The Worst In a series of posts made on his X (formerly Twitter) platform, Morgan stated that […]

In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto. Related Reading: xDay Event Day 2: Google, […]

The world’s largest crypto exchange, Binance, has revealed plans to shut down its crypto card services in the European Economic Area (EEA). This development comes amidst the heavy regulatory pressure on the prominent exchange in several nations across the world. Related Reading: Binance Halts New User Registrations In The UK Starting October 16 Binance Visa […]

In the next three days, our team at Bitcoinist will cover xDay 2023, an event organized by MultiversX in the Palace of Parliament, Romania. Formerly known as Elrond, the project rebranded in 2022 and focused on the Metaverse, scalability, and global adoption by simplifying users’ access to crypto. Related Reading: xDay 2023: Elon Musk’s X […]

In an interesting turn of events, the United States Securities and Exchange Securities (SEC) voluntarily dropped its case against Ripple executives Brad Garlinghouse and Christian Larsen on Thursday, October 19. While this move implies that the trial scheduled for April 2024 will no longer hold, the financial regulator is still pursuing other parts of the […]

In a recent intraday trading session on a Friday, both Bitcoin and gold reached their highest values since August. Bitcoin surpassed $29,000, while the precious metal breached the $1,950 level. These price surges garnered attention and indicated renewed interest in both assets. The simultaneous rally of Bitcoin and gold showcased the diverse investment choices available […]

Bitcoin (BTC) analyst Michaël Van de Poppe suggests potential paths for the world’s leading cryptocurrency as it grapples with significant price levels. Van de Poppe, a prominent figure in the crypto trading world known for his insightful market analyses, emphasized the critical nature of BTC’s current struggle.  Taking to X, the renowned social media platform, […]

Data from Lookonchain, a blockchain analytics platform, on October 20, shows that one Ethereum (ETH) whale is actively moving coins to Kraken, a crypto exchange, and appears to be selling. The unidentified whale deposited 35,176 ETH, worth over $56.5 million when writing, and withdrew $10 million in USDT hours later. USDT is the world’s most liquid stablecoin, […]

In a win against the crypto industry, the US Securities and Exchange Commission (SEC) has obtained a default judgment against Thor Technologies and its founder David Chin.  According to court documents, Thor Technologies and Chin were found guilty of conducting an unregistered offering of crypto asset securities amounting to $2.6 million.  SEC Prevails In Unregistered […]

In a recent turn of events, Ethereum’s co-founder, Joseph Lubin, is under legal scrutiny over alleged issues in equity promises related to his blockchain technology company, ConsenSys. ConsenSys, recently appraised at roughly $7 billion, is at the center of these allegations. The company, which has been instrumental in numerous blockchain innovations, is now caught in […]