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Blackrock Bitcoin ETF Filing Announcement Propelled BTC in Q2 — Study


According to the latest Coingecko report, during the second quarter (Q2) of 2023, the U.S. dollar value of BTC grew by nearly 7% while that of the entire crypto market capitalization only went up by 0.14%. In contrast, BTC’s average daily trading volume during the period fell by 58.7% from...

Nasdaq Abandons Crypto Custody Service Amid U.S. Regulatory Challenges


Nasdaq has scrapped plans for a cryptocurrency custody service amid recent regulatory challenges.  During an earnings call on Wednesday, Nasdaq CEO Adena Friedman said the company has chosen to abandon its plans due to the changing business and regulatory landscape in the United States.... Read...

Société Générale leads the crypto license race


Société Générale, which is one of the most respected commercial banks in France, has earned the distinction of being the first organization in the country to obtain a crypto license. This is with regards to its crypto division, FORGE, and the license is in the form of an AMF authorization.  This...

Societe Generale Division Forge Receives Crypto Services License From AMF


French banking giant Societe Generale’s subsidiary, Forge, has been issued with the first crypto services license issued under the country’s crypto assets laws. According to France’s Autorité des Marchés Financiers, the license allows Forge to offer services which include crypto...

Ark Invest Now More Confident in Bitcoin Reaching $1.5 Million, CEO Says


The CEO of investment management firm Ark Invest, Cathie Wood, has explained why her firm’s confidence in bitcoin’s price reaching $1.5 million has increased. Citing the crypto’s performance during the regional bank crisis earlier this year, she stressed, “That was...

Best Crypto to Buy Now 19 July – FLEX Coin, Stellar, Cardano


Nasdaq, the premier tech-based stock exchange in the US, announced on Wednesday that it has put its highly anticipated cryptocurrency custody service on hold due to changing regulatory conditions. Similar to other traditional financial institutions, Nasdaq's decision reflects a growing reluctance...

US Securities Regulator Accepts Valkyrie’s Spot Bitcoin ETF Application


The U.S. Securities and Exchange Commission (SEC) has formally accepted the spot bitcoin ETF application filed by asset manager Valkyrie. The move, which opens the door to an official review process, follows last week’s acknowledgment of Blackrock’s bitcoin ETF application. U.S. SEC to Review...

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