Search
Bitcoin to $1M post-ETF approval? BTC price predictions diverge wildly
23.11.2023
Bitcoin ETF excitement is everywhere, but short-timeframe BTC price morale is wearing thin
Grayscale Updates Bitcoin ETF Prospectus After Discussing with SEC
23.11.2023
Grayscale continues efforts to secure regulatory approval for a Bitcoin ETF. Image by Ascannio, Adobe Stock. On Wednesday, digital asset manager Grayscale submitted an updated prospectus to the Securities and Exchange Commission (SEC) for converting its Grayscale Bitcoin Trust into a spot bitcoin...
Why Binance and CZ Take Down is Good News For BlackRock, Spot Bitcoin ETFs and New $BTCETF Token That’s Raised $1.4m
23.11.2023
Thursday, November 23, 2023 – The settlement of criminal charges against Binance and its CEO Changpeng Zhao (aka CZ) has sent shockwaves through the crypto industry, but the chances of a spot Bitcoin ETF approval have increased, which is good news for new coin Bitcoin ETF Token ($BTCETF). $BTCETF...
Ghana’s Central Bank Names Eight Money Transfer Companies Operating Without Its Approval
23.11.2023
The Bank of Ghana recently pointed the finger at eight money transfer organizations which are allegedly operating in Ghana’s remittances and forex market without its approval. The central bank also warned the public and regulated financial institutions against having dealings with the eight...
Matrixport: Binance Plea Deal Boosts Approval Odds for Bitcoin Spot ETF
22.11.2023
Source: AdobeStock / JorgeEduardo Binance CEO Changpeng Zhao has entered a guilty plea, agreeing to a $50 million fine, while Binance itself is set to pay a $4.3 billion penalty. CZ’s sentencing hearing is scheduled for February 23, 2024, where he may face prison time of up to 18 months. This comes...
Aragon DAO Backs Lawsuit Against Founding Team, Allocates $300,000 in Funding
22.11.2023
Image source: Adobe Stock Aragon DAO, a decentralized autonomous organization, has passed two votes that support a lawsuit against its founding team, allocating $300,000 in funding for the legal battle. The voting process saw unanimous approval for the proposal, with 1.6 million governance tokens...
Coinbase Becomes Custodian for WisdomTree’s Bitcoin ETF, Aiming for SEC Approval
20.11.2023
Source: Adobe / prima91 Crypto exchange Coinbase (COIN) will be the official custodian for WisdomTree’s spot Bitcoin ETF, according to the asset manager’s recently amended S-1 filing. “Coinbase Custody Trust Company LLC is the custodian of the Trust with respect to the Trust’s bitcoin holdings,”...
$100 Billion in TradFi Capital Awaits Imminent Bitcoin ETF Green Light, Says Bloomberg Analysts
20.11.2023
Bloomberg analysts forecast $100 billion ready to invest in a Bitcoin ETF upon SEC approval. Image by Parradee, Adobe Stock. A spot Bitcoin exchange-traded fund (ETF) could rapidly become a $100 billion market, according to new projections by analysts at Bloomberg Intelligence. This prediction...
Bitcoin ETF approval nearing, but brace for more setbacks: BitGo CEO
19.11.2023
In a recent interview with Bloomberg, Mike Belshe, CEO of crypto exchange BitGo, stated that the market structure needs to improve before the U.S. SEC will grant approval for Bitcoin ETFs
Report of SEC’s Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as ‘Real Progress’
19.11.2023
The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. “This is real progress,” said one crypto exchange insider. “The cash vs in-kind...
Another Round of Bitcoin Spot ETF Rejections Likely: BitGo CEO
17.11.2023
Source: BitGo/Canva The general belief amongst market experts is that a Bitcoin spot exchange-traded fund (ETF) approval is on the horizon following Grayscale’s significant legal victory against the SEC. However, BitGo’s CEO, Mike Belshe, feels otherwise. Making his opinion known in...
Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore
17.11.2023
Source: AdobeStock / Richie Chan On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This...
Stablecoin Issuer Paxos Receives Preliminary Nod from Singapore Regulator
16.11.2023
Source: Paxos Blockchain infrastructure firm Paxos has obtained a preliminary license from the Monetary Authority of Singapore (MAS) for its new entity. With the in-principal approval, Paxos Digital Singapore, the new entity, will offer digital payment token services to Singaporeans. Further, Paxos...
SEC Postpones Decision on Hashdex Spot Bitcoin ETF and Grayscale Ether ETF
16.11.2023
Source: Hashdex The U.S. Securities and Exchange Commission has postponed its decision on the approval of Hashdex Bitcoin ETF and Grayscale Ethereum Futures Trust ETF. The SEC published a document that addresses to the deferral of Hashdex’s filing. Hashdex previously filed to convert its current...
Coinbase Expects Spot Bitcoin ETFs to Add Billions to Crypto Market — Says SEC Approval Possible by Year-End
16.11.2023
Cryptocurrency exchange Coinbase says spot bitcoin exchange-traded funds (ETFs) could add billions of dollars to the total crypto market cap. Coinbase also believes that the chances of one or more spot bitcoin ETFs being approved by the U.S. Securities and Exchange Commission (SEC) before the...
Paxos to issue USD stablecoin in Singapore, wins initial approval
16.11.2023
The USD-backed token will comply with Singapore’s upcoming stablecoin laws and be issued through a new local Paxos entity that’s received initial approval
Celsius Moves $10 Million in Ethereum to Exchange Following Bankruptcy Plan Approval
15.11.2023
Celsius transfers millions in Ethereum to an exchange as part of a strategic shift post-bankruptcy. Image by Rafael Henrique, Adobe Stock Crypto lending company Celsius has transferred over $10 million worth of Ethereum to an exchange on Wednesday, just 6 days after a judge approved...
Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy
15.11.2023
Boyaa Interactive unveiled plans this week to potentially buy up to $100 million worth of cryptocurrencies, mostly bitcoin [BTC] and ether [ETH] within a year
Crypto Custodian Hex Trust Secures Full Operating License in Dubai for Institutional Services
15.11.2023
Source: Pixabay Institutional-grade crypto custodian Hex Trust has successfully obtained a full operating license from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced today. This operating license represents the conclusive approval under VARA’s regulatory...
Kevin O’Leary Warns Spot Bitcoin ETF Approval Could Be 18 Months Away
15.11.2023
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has cautioned that it could take another year and a half for the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF). He emphasized that we will not see a spot bitcoin ETF in the U.S. until...