Category: Latest news

[ad_1] SEC chair Gary Gensler said the timeline for spot Ethereum ETF launches depends on how quickly applicants respond to the regulator’s questions and comment on reasons for approvals. Gensler told Reuters on June 5 that the firms are “self-motivated” to answer SEC comments and can determine their responsiveness. Past reports suggest that the SEC…

[ad_1] A group of FTX creditors led by Sunil Kavuri has objected to the reorganization plan filed by the defunct exchange’s bankruptcy managers. According to a June 5 court filing, the creditors argued that the plan failed the best interest test. Justifying the objection, Sunil noted that it is unconfirmable as a matter of law…

[ad_1] Bitcoin is poised to reach a new all-time high this weekend if upcoming payroll data on June 7 is favorable, according to Standard Chartered’s head of crypto research Geoffrey Kendrick. According to Kendrick: “Should tomorrow’s payroll data be favorable, I anticipate a fresh all-time high over the weekend, potentially paving the way for Bitcoin…

[ad_1] Quick Take Analyzing institutions’ net short positions can reveal crucial insights into market sentiment and potential volatility. For instance, examining the net short positions on MicroStrategy (MSTR), Coinbase Global, Inc. (COIN), and Marathon Digital Holdings, Inc. (MARA) provides valuable perspectives on investor outlook and market forces. Fintel defines net short position as: “The Big…

[ad_1] The Sandbox, a subsidiary of Animoca Brands, has announced a $20 million funding round at a $1 billion valuation cap aimed at expanding its creator economy within the open metaverse. This strategic funding, led by Kingsway Capital and Animoca Brands with participation from LG Tech Ventures and True Global Ventures, will support The Sandbox’s…

[ad_1] Introduction The Minutes Network project is an ambitious initiative poised to revolutionize the call termination market by utilizing new proprietary and blockchain technology. The project’s primary goal is to create a new decentralized physical infrastructure (DePIN) telecommunications carrier, offering the lowest termination prices available to Tier 1 operators and using its net revenues to…

[ad_1] Available exclusively via How BlackRock’s Bitcoin ETF shapes the crypto market Andjela Radmilac · 3 days ago CryptoSlate’s latest market report dives deep into the meteoric rise of BlackRock’s Bitcoin ETF to understand how it positioned itself at the forefront of the crypto market. [ad_2] Source link

[ad_1] Core Scientific (CORZ) has rejected an “unsolicited” $1 billion buyout offer from CoreWeave, deeming it significantly undervalued and not in the best interests of its shareholders. The proposal, which offered $5.75 per share, came shortly after the two companies signed a series of 12-year contracts for Core Scientific to provide 200 megawatts of infrastructure…

[ad_1] This week, a bill placed on the Senate calendar introduces several provisions that could impact digital asset protocols and tokens. Although it does not explicitly ban digital asset protocols, its broad scope could allow it to become an attack vector for anti-crypto aspects of the US government. The Senate Select Committee on Intelligence passed…

[ad_1] In a recent episode of the SlateCast, hosted by Senior Editor Liam “Akiba” Wright and CryptoSlate CEO Nate Whitehill, Ana Plotnikova, CEO and co-founder of Fideum Group, shared her insights on the evolving landscape of digital finance in Europe. With her background in European Union law enforcement and experience at Aave, Plotnikova brings a…