GBTC Price as Likelihood of Bitcoin ETF Grows Larger


The recent federal judge's rulings overturning the SEC's rejection of Grayscale's application to convert its Bitcoin Trust (GBTC) into an ETF have indeed increased the likelihood of a spot Bitcoin ETF approval by the SEC. The judge's decision highlighted the SEC's failure to provide a clear...

Binance Advises Paysafe Users to Convert Euro Balances to Tether


Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits...

VanEck Prepares to Launch Ethereum Strategy ETF in CBOE


Popular investment management firm VanEck has announced its plans to roll out its Ethereum futures exchange-traded fund (ETF). As per the official press release issued earlier today, the fund, called the VanEck Ethereum Strategy ETF (EFUT), will primarily invest in standardized, cash-settled...

Best Crypto to Buy Now September 28 – Biconomy, Compound, LeverFi


The asset management firm VanEck announced on Thursday that it plans to launch an exchange-traded fund (ETF) based on Ethereum futures contracts in the near future. The VanEck Ethereum Strategy ETF (EFUT) will invest in cash-settled futures contracts for ether, the native cryptocurrency of...

Ripple Backs Out of Fortress Trust Acquisiton, Citing Change in Strategy


In a surprising turn of events, Ripple CEO Brad Garlinghouse announced today that the financial technology firm will not proceed with its previously planned acquisition of Fortress Trust, a Nevada-licensed financial services provider.  The decision comes just 20 days after the initial announcement...

Meta AI Assistant Launches to Compete With Chatbots Like Chatgpt


Meta Platforms, the parent company of Facebook and Instagram, launched its own chatbot based on artificial intelligence (AI) technology. Meta AI provides an alternative to products like Openai’s Chatgpt and is setting out to offer interaction tailored to attend to different interests and solve...

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