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Grayscale Files New S-3 With SEC, Pushing to Convert Bitcoin Trust Into NYSE Spot ETF After Court Win
19.10.2023
Grayscale Investments, the leading digital asset manager by assets under management (AUM), unveiled on Thursday its latest submission to the U.S. Securities and Exchange Commission (SEC). This move seeks to list the Grayscale Bitcoin Trust (GBTC) as a spot exchange-traded fund (ETF) on NYSE Arca....
Future of crypto: Key events and trends to watch in Q4 2023
19.10.2023
Despite small fluctuations, the crypto market cap for September has increased by 2.6%. All eyes were on two significant events – FTX announcing the liquidation of its crypto assets and the Federal Open Market Committee meeting on September 20, 2023. Fluctuations more or less included prices...
Bitpanda receives a VASP license in Norway
19.10.2023
Bitpanda has announced a significant advancement in the market of Norway. The venture has said that it is now officially the first non-local firm to receive a VASP license in the region, allowing it to strengthen its position in Europe. Bitpanda will now be able to introduce a safe and secure...
Atomic Wallet freezes $2M in ‘suspicious deposits’ on exchanges
19.10.2023
This was the result of a collaboration between Atomic Wallet, forensic companies and centralized exchanges following reports from users claiming unauthorized transactions from their wallets
Gemini, Genesis, DCG Face $1B Fraud Lawsuit by NY Attorney General; Gemini Says It’s the ‘Victim’ in Scandal
19.10.2023
New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1 billion. The lawsuit claims the companies lied about...
Bitcoin, Ethereum Technical Analysis: BTC Higher, as SEC’s Gensler Says Around 10 ETFs Are Being Reviewed
19.10.2023
Bitcoin edged slightly higher on Thursday, following comments from the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler. Gensler said the commission was currently reviewing eight to ten applications from firms looking to launch a bitcoin exchange-traded-fund (ETF). Bitcoin...
ECB shifts to the preparation phase of digital Euro project
19.10.2023
The Governing Council of the European Central Bank (ECB) is prepared to move the digital euro initiative into the preparation stage. This follows the conclusion of the investigation phase that the Eurosystem declared in October 2021. The design and allocation modules for a digital euro were to...
Crypto market analysis: Altcoins, Bitcoin, and the bear cycle
19.10.2023
A variety of unexpected events have hit the cryptocurrency market throughout the year. Since the beginning of this year, the vast majority of the major cryptocurrencies have demonstrated unprecedented stability. Their volatility rate has surpassed even traditional assets like gold and tech stocks....
Crypto KOLs and trading experts can compound benefits by helping others
19.10.2023
As part of the rapidly evolving crypto landscape, key opinion leaders (KOLs) and prominent traders have found themselves in a unique position of influence and expertise, especially as the industry has reached a multi-trillion dollar evaluation in recent years. Their rise to the top is often...
Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms
19.10.2023
New EU rules will introduce automated exchange of information on crypto revenues reported by service providers in the sector. A new directive adopted by the Union expands existing registration and reporting obligations as well as cooperation between tax administrations across the bloc. Information...
Pennsylvania State House Committee Passes Bill on ‘Reporting Requirements’ for Crypto Miners
19.10.2023
The Environmental Resources and Energy Committee of the Pennsylvania General Assembly recently passed a bill which proposes “reporting requirements for qualifying crypto-asset mining operations.” Sponsor of the draft legislation Greg Vitali said the bill “doesn’t prohibit...
How Bitcoin price report by Glassnode can affect mining profitability?
19.10.2023
Glassnode’s latest report analyzes Bitcoin’s price dynamics and discloses insights that could enhance your investment strategies. Glassnode’s in-depth analysis focuses on capital rotation in digital assets, an essential factor nobody pays attention to. This report introduces...
Can You Use Crypto YouTube Channels to Time the Market? Yes, Says Delphi
19.10.2023
Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends
FTX Estate Proposes Recovery Plan With 90% Asset Return Expected
19.10.2023
The now-defunct FTX crypto exchange announced a proposed settlement plan this week that aims to resolve disputes over customer assets lost when the company filed for bankruptcy in November 2022. FTX Debtors Chart Path to Redress: 90% Asset Recovery Proposed in Bankruptcy Plan The FTX debtors’...
Coinbase launches Perpetual Futures for Advanced customers
19.10.2023
Coinbase has announced the launch of Perpetual Futures for the customers of Coinbase Advance. It is a dedicated trading tool for sophisticated retail traders. The access to Perpetual Futures is limited to eligible non-US jurisdictions with four contracts, namely BTC, ETH, LTC, and XRP. These...
Why Monero matters: The key to privacy in digital currency
19.10.2023
Digital currencies, being decentralized, lack central governance by entities like governments. An essential aspect of digital currency garnering significant attention revolves around using robust cryptographic algorithms for transaction security. In the digital currency domain, safeguarding...
Fidelity Submits Updated Spot Bitcoin ETF Application
19.10.2023
Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). The asset manager joins other applicants in continued efforts to address regulatory concerns that have stood in the way of approving the investment product....
Crypto.com announces upgrades to Smart Cross Margin
19.10.2023
Crypto.com will be making certain identified and necessary improvements on the Smart Cross Margin within the Crypto.com Exchange. The modifications will become effective on October 30, 2023. Some of the factors included in the improvements include increased capital effectiveness. Through this,...
Binance US Suspends Withdrawals in US Dollars
19.10.2023
Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal Policy Binance US, the U.S.-based cryptocurrency...
European Regulator Clarifies MiCA Timeline — Warns No Such Thing as Safe Crypto Asset
19.10.2023
The European Securities and Markets Authority (ESMA) is preparing to implement the Markets in Crypto-Assets Regulation (MiCA). The regulator has issued several crypto warnings that investors and users of crypto services providers should be aware of, particularly before MiCA is fully implemented....