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SEC rejects Skybridge's application for spot Bitcoin ETF


The commission rejected a rule change allowing listing and trading shares of the First Trust SkyBridge Bitcoin ETF Trust, citing similar reasons for disapproving Bitcoin spot ETFs from VanEck in November and WisdomTree in December

Risks Turn Positive in the US as NZD Reaches Top Spot


The high forex space followed up on strong gains within the European equities region that turned tides in the US. The AUD and NZD experienced noticeable gains as GBP followed the bandwagon. All three currencies recovered well from the supply concerns while the CHF and yen performed relatively...

Grayscale Finds Rising Interest in Bitcoin as it Pushes for Spot BTC ETF


  The US-based major cryptoasset management firm Grayscale turned to a survey to show the rising interest in bitcoin (BTC) among investors as the company is working hard to convince the US Securities and Exchange Commission (SEC) to launch the first bitcoin spot-based exchange-traded fund (ETF)...

Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL


Boba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total value locked) among all expansion layers. Boba, which is a fork of Optimism, another L2 layer based on rollups, reached more than $1 billion in TVL, surpassing Optimism. This is likely due...

SEC Rejects Vaneck Bitcoin Spot Market ETF Over Price Manipulation Concerns


On Friday, November 12, the U.S. Securities and Exchange Commission (SEC) rejected Vaneck’s bitcoin spot market exchange-traded fund (ETF). The U.S. regulator noted that the denial was due to the lack of prevention toward “fraudulent and manipulative acts and practices.”...

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