Category: Latest news
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Reviewing exchanges with fewer than 20k Bitcoin: the downward trend and outliers
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Consensys launches alpha version of Linea mainnet
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Ripple CTO predicts summary judgment for September, says delay not unusual
[ad_1] Ripple (XRP) CTO David Schwartz predicted that Judge Analisa Torres would rule on the case between his company and the U.S. Securities and Exchange Commission by September, according to a July 10 tweet. Schwartz made this statement in response to the frustrations among Ripple supporters over the delay in Judge Torres’s summary judgment decision.…
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Navigating Bitcoin’s cyclical patterns | CryptoSlate
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Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-compliance
[ad_1] Dubai’s Virtual Assets Regulatory Authority (VARA) issued a market alert on July 10 concerning the local crypto exchange BitOasis. The notice indicates that BitOasis’ conditional MVP Licence has been suspended as it has failed to meet the related requirements. Dubai issued BitOasis an MVP license on April 12, 2023, granting the firm the ability…
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Bitcoin ETF approval could be ‘hard to resist,’ ex-SEC chair Jay Clayton says
[ad_1] Former SEC chair Jay Clayton suggested during a CNBC interview on July 10 that regulators could soon feel compelled to approve a spot Bitcoin ETF. Clayton explained that the U.S. Securities and Exchange Commission (SEC) has previously chosen to reject spot Bitcoin ETFs while approving futures Bitcoin ETFs based on the latter’s surveillance sharing…
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Grayscale challenges SEC’s decision on leveraged Bitcoin ETF as GBTC discount narrows
[ad_1] Crypto asset manager Grayscale has questioned the U.S. Securities and Exchange Commission’s decision to approve a leveraged Bitcoin (BTC) exchange-traded fund (ETF) in a July 10 letter. The firm’s Bitcoin Trust (GBTC) also narrowed to its lowest point since May 2022, according to ycharts data, GBTC discount narrows GBTC’s discount to its net asset…
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Perpetual futures market sees Bitcoin reclaim dominance over Ethereum
[ad_1] Quick Take Perpetual Futures have traditionally attracted significant open interest and trading volumes for both Bitcoin (BTC) and Ethereum (ETH). This trend underscores their widespread popularity as the futures products of choice within the crypto investment milieu. Historically, BTC has maintained a trading volume supremacy over ETH in this market. However, this trend underwent…
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Celsius’s bankruptcy-induced liquidation plans could pressure overall crypto market: Kaiko
[ad_1] Bankrupt lender Celsius’s plan to liquidate its altcoins for Bitcoin (BTC) and Ethereum (ETH) could exert more pressure on the crypto market, according to a July 10 report from blockchain analytical firm Kaiko. Kaiko noted that most altcoins held by Celsius had recorded significant drops, ranging from 6% to as high as 84%, in…
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US lawmakers call on DOJ, SEC to investigate Prometheum, citing suspicions of “false testimony” and securities law violations
[ad_1] U.S. Senator Tommy Tuberville of Alabama and Congressman Blaine Luetkemeyer are calling on Attorney General Merrick Garland and the Securities and Exchange Commission (SEC) Chair Gary Gensler to investigate Prometheum, Inc. amid allegations of false testimony to Congress and potential violations of U.S. securities laws. In a letter dated July 10, 2023, Tuberville and…