In the world of cryptocurrency regulation, there has been a significant shift in the Securities and Exchange Commission’s (SEC) stance since former SEC attorney John Reed Stark began writing about the subject in 2017. Stark believes that the SEC, under the chairmanship of Gary Gensler, is unlikely to approve a Bitcoin spot ETF application due
In the world of cryptocurrency, all eyes are currently on the Securities and Exchange Commission (SEC) as they prepare to reveal their decision regarding Grayscale Investments. Bloomberg’s Senior ETF Analyst, Eric Balchunas, has suggested that this momentous decision could be announced as early as August 15th or at the latest, August 18th. The outcome of
Coinbase, one of the leading cryptocurrency exchanges, has made a significant move by officially expanding its services to Canada. In a strategic collaboration with Peoples Trust Company, a subsidiary of the Peoples Group, Coinbase is introducing Interac payment rails, allowing for seamless Canadian Dollar deposits and withdrawals. This expansion aims to attract Canadian users by
The recent surge in trading volume of XRP has caught the attention of many market participants, as it reflects the enduring appeal and potential disruption of this cryptocurrency. However, the lack of a corresponding price movement has left analysts puzzled and sparked debates about the underlying reasons behind this phenomenon. In this article, we will
Web3 metaverse and creator platform ZTX recently concluded a highly successful seed round, securing $13 million in funding. The round was led by prominent crypto investment firm Jump Crypto, and attracted investments from key players in the web3 investment space, including Collab+Currency, Parataxis, MZ Web3 Fund, and Everest Ventures Group, among others. This significant achievement
Bitcoin, the most valuable cryptocurrency, is currently facing a crucial moment in its price trajectory. A bearish head-and-shoulder pattern has been identified by Tony Spilotro, a renowned analyst and former Twitter and NewsBTC Editorial Director. This pattern, if it unfolds as expected, could have serious consequences for Bitcoin’s bullish prospects, potentially pushing prices down below
A recent amicus brief filed by a group of law scholars has dealt a devastating blow to the U.S. Securities and Exchange Commission (SEC). The brief, which includes the expertise of professors from prestigious universities such as UCLA, Boston University, Fordham Law School, University of Chicago, and Yale Law School, challenges the SEC’s “investment contract”
PayPal, the global digital payments company, has announced in an email to select users in the United Kingdom that it will temporarily pause its cryptocurrency buying services in the country. This decision comes as a result of new rules introduced by the U.K. Financial Conduct Authority (FCA), which requires PayPal to implement additional steps before
The cryptocurrency market is buzzing with excitement as the Shiba Inu price experiences a significant increase of 14% in just seven days. However, another coin, Wall Street Memes, has captured investors’ attention by raising a staggering $25 million in its presale. With plans for product rollouts and the introduction of staking, Wall Street Memes aims
Crypto lender Voyager Digital recently made a surprising move that has ignited suspicion and speculation within the crypto community. The company transferred 1,500 Ether (ETH) and 250 billion Shiba Inu (SHIB) tokens to Coinbase, with an estimated value of $2.77 million and $2.7 million, respectively. This sudden transfer has sparked discussions about potential sell-off intentions