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Court Dismisses SEC Claim on Secondary Sales of BNB
30.6.2024
The U.S. District Court for the District of Columbia has dismissed several claims in the U.S. Securities and Exchange Commission (SEC)’s case against Binance and its affiliates. This includes allegations related to secondary BNB sales and the sale of the stablecoin BUSD. However,...
SEC Asks Court to Quash Coinbase Subpoena in Legal Clash Over Crypto Regulations
29.6.2024
The U.S. Securities and Exchange Commission (SEC) has asked the court to quash a subpoena issued by crypto exchange Coinbase that demands documents related to the crypto markets and personal communications of SEC Chair Gary Gensler. The SEC argues that the subpoena is irrelevant and imposes undue...
Spot Ether ETF Approval Expected to Enhance Crypto Asset’s Legitimacy and Utility, Says Hedera Council President
29.6.2024
While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible benefits of blockchain technology is a far more sustainable approach. Therefore...
VanEck files for Solana ETF, Ether supply inflates, and more: Hodler’s Digest, June 23-29
29.6.2024
VanEck seeks approval for Solana ETF, ETH supply rises 73 days in a row, and Satoshi-era wallet moves Bitcoin
Supreme Court’s Chevron Ruling Seen as ‘a Game Changer’ for Crypto Industry
29.6.2024
The U.S. Supreme Court has struck down Chevron deference, a doctrine that allowed federal agencies broad discretion in interpreting ambiguous statutes. This decision is seen as a pivotal shift towards greater regulatory clarity and judicial oversight, especially impacting the digital assets sector....
NFT Sales Defy Crypto Market Downturn, Rising 4.52% This Week
29.6.2024
Despite a general decline in cryptocurrency markets this week, non-fungible token (NFT) sales rose by 4.52% compared to the previous week. NFT sales totaled approximately $101,467,710 over the past seven days, with Ethereum-based digital collectibles dominating the market. NFT Landscape Shifts This...
Spot Ethereum ETF launch delayed by SEC comments
29.6.2024
The SEC provided some feedback on the S-1 forms submitted by the spot Ethereum ETF issuers and has requested they be resubmitted by July 8
North Carolina Passes Bill to Block State Participation in Federal CBDC Testing
29.6.2024
The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC). The General Assembly is North Carolina’s legislative body, comprising two chambers:...
Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024
29.6.2024
Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across...
Bitcoin’s price won’t ‘dramatically’ increase from here, says billionaire
29.6.2024
Peter Thiel also believes that Bitcoin’s original vision as a cypherpunk, crypto-anarchist, freedom tool hasn’t been fulfilled
Solana ETF Approval Odds Rise Amid Potential Political Shifts, Analyst Says
29.6.2024
Bloomberg’s senior ETF analyst has stated that the odds of a Solana exchange-traded fund (ETF) being approved within the next 12 months are closely linked to the likelihood of a change in the U.S. presidency. He noted that it is “safe to say the chances of both are higher today than...
21shares Files to Launch Solana ETF With SEC
28.6.2024
21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed...
Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
28.6.2024
The HKMA set up Project Ensemble months ago. Now we know why
Olympic Athlete Keeps Bringing Yu-Gi-Oh Cards To His Races—And Winning
28.6.2024
When the hell did you get into Yu-Gi-Oh? Where were you all when I was the last holdout of my middle school lunch period trying to do synchro-summons because I thought they were the coolest thing in the world? I ask this because there has not only been a discernable uptick in the trading card game...
Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto
28.6.2024
VanEck and 21Shares' applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November
21Shares files application for spot Solana ETF
28.6.2024
The proposed fund would be called the 21Shares Core Solana ETF and would not participate in staking SOL
Ark 21Shares Officially Files for Spot Solana ETF
28.6.2024
In This Post ARK Invest, led by Cathie Woods, files for Spot ETF ARK 21Shares is a partnership between 21Shares and Ark Invest VanEck took the crypto community by storm after announcing its filing for Solana Spot ETF, becoming the first entity to do so. But in the competitive industry, players...
Analysts Expect Solana’s Price to Hit $1300 Amid ETF Filings
28.6.2024
In this post SOL jumped by almost 10% after VanEck filing went live. Solana bulls and the overall crypto market outlook are optimistic, pinning SOL’s price at $1320 in a few months. Since the beginning of the year, the cryptocurrency market has seen crypto ETFs take root in American markets....
VanEck files for first-ever US Solana ETF, targeting DeFi growth
28.6.2024
VanEck has registered its initial exchange-traded fund (ETF), the VanEck Solana Trust, which will help investors understand Solana (SOL), a blockchain with enormous output and cost-effective transactions. This is following the Securities and Exchange Commission (SEC) ‘s leaning towards spot...
Nigeria’s SEC boss says crypto can aid 38M unbanked
28.6.2024
Agama noted that cryptocurrencies like Bitcoin can greatly lower remittance costs, making it easier and cheaper for Nigerians abroad to send money home