Author: e_cash_top

[ad_1] Quick Take Data from The Block reveals that the Bitcoin futures trading volume and open interest on the Chicago Mercantile Exchange (CME) have reached their highest levels for the year. The trading volume for July 2023 reached a remarkable $56 billion, and open interest hit a peak of $2.55 billion. This suggests a significant…

[ad_1] At least six asset managers, including Grayscale, have submitted an Ethereum (ETH) futures exchange-traded fund (ETF) filing application with the U.S. Securities and Exchange Commission (SEC). The applications are coming in less than two months after the financial regulator received an avalanche of Spot Bitcoin (BTC) ETF applications from several traditional financial institutions, including…

[ad_1] Ripple has decided to remove details of its XRP transactions from its quarterly reports, a change driven by a lawsuit from the U.S. Securities and Exchange Commission (SEC) against the company. In the July 31 report, Ripple explained that the SEC’s action forced it to re-evaluate the role and contents of its quarterly report…

[ad_1] The Kenyan Government has suspended the activity of Worldcoin, the recently launched digital identity crypto project, according to an Aug. 2 statement shared by Kenya’s Ministry of the Interior on its official Facebook page. Kenya’s Capital Markets Authority further warned that Worldcoin’s products, including its WLD tokens and their derivatives, were not investment products…

[ad_1] Semafor reports today that U.S. Department of Justice (DOJ) officials are deliberating potential fraud charges against the cryptocurrency exchange giant, Binance, but have concerns over protecting American investors already participating in crypto markets, citing sources familiar with the matter. According to the reports, officials are concerned that an indictment of Binance might trigger a…

[ad_1] Understanding the dynamics of stablecoin supplies is a crucial aspect of crypto market analysis, as stablecoins play a pivotal role in the cryptocurrency ecosystem. Fluctuations in the market cap of these pegged assets can signal shifts in investor sentiment, liquidity changes, and overall market health. In 2023, the stablecoin market witnessed a significant shift,…

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[ad_1] Sam Bankman-Fried (SBF) has firmly rejected allegations of witness tampering after sharing extracts from his ex-girlfriend Caroline Ellison’s private diary with a reporter from the New York Times. This denial comes as federal prosecutors seek to revoke his bail, claiming the diary leak and other communications indicate SBF has improperly attempted to influence Ellison,…

[ad_1] Brian Armstrong, Coinbase’s CEO, said the exchange was working to integrate Bitcoin (BTC) Lightning Network (LN) as part of efforts to drive cryptocurrency payments in the world, according to an Aug. 2 tweet. Armstrong made this statement in response to a tweet from Jack, Twitter’s co-founder, who questioned why Coinbase was ignoring the implementation…

[ad_1] The highly anticipated Litecoin (LTC) halving will occur later today, Aug. 2, marking the third event in the cryptocurrency’s history. According to litecoinhalving.com, the Litecoin network will reach a block height 2,520,000 around 3:16 pm UTC, reducing the block reward from 12.5 LTC to 6.25 LTC. Miners’ subsidy for solving a block is cut…