Category: Latest news
-

Fidelity, VanEck, and more refile spot Bitcoin ETF applications after reports of SEC rejections
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Litecoin spikes 25%: What’s behind the sudden surge?
[ad_1] Litecoin has seen a remarkable rise in its value in the recent trading day. The digital currency spiked to $105, a noteworthy increase of 24.6% within the last 24 hours. At this juncture, the sharp increase in Litecoin’s valuation does not appear to be linked to any particular event or news release. Litecoin was…
-

South Korea passes new crypto legislation focusing on investor protections
[ad_1] The South Korean National Assembly passed the Virtual Asset User Protection Act on June 30 during a plenary session, local media SBS reported. The legislation combines 19 different crypto-related bills that aim to establish a regulatory framework for the industry and define digital assets that are securities. However, it primarily focuses on investor protection…
-

Bitcoin’s breakup with gold may be a sign of crypto’s emerging maturity
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Recent spot Bitcoin ETF applications fall short of SEC’s expectations on a technicality, but are not out of the running yet
[ad_1] On June 30, reports emerged that the U.S. Securities and Exchange Commission (SEC) has returned recent spot Bitcoin exchange-traded fund (ETF) applications. The applications, submitted by exchanges on behalf of BlackRock and Fidelity Investments, among others, were deemed not “sufficiently clear or comprehensive.” An anonymous source cited by the Wall Street Journal shared that…
-

BNY Mellon’s crypto custody venture runs afoul of SEC rules
[ad_1] The Bank of New York Mellon’s (BNY Mellon) foray into the digital asset custody business has hit a regulatory hurdle, per American Banker. It emerged that the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121) requires custodians of digital assets to record those assets on their balance sheets. This regulatory requirement…
-

Bitcoin’s sudden plunge below $30k triggers $176 million in liquidations
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Bitcoin breaks below $30k as WSJ reports SEC will block spot Bitcoin ETFs again
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
-

Only 4% of institutional investors to decrease crypto allocations before 2025
[ad_1] A majority (95.7%) of the 208 institutional investors surveyed by Binance plan to either increase or maintain their crypto allocation over the next 12 months amid a positive outlook for the industry. 63.5% of investors said they were positive about crypto’s future during the period. In addition, 50% of respondents plan to increase digital…
-

Bitcoin Cash soars to 14-month high of over $300 as hash rate spikes
[ad_1] Bitcoin Cash (BCH) rallied to a 14-month high of over $320 after rising by 35% in the last 24 hours, according to CryptoSlate data. Since June 20, the digital asset has enjoyed renewed interest as it is one of the four cryptocurrencies available on EDX Markets—a crypto exchange backed by traditional financial giants like Fidelity,…