In a move widely anticipated by industry experts, the US Securities and Exchange Commission (SEC) has announced a delay in the review process for WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) application.  Related Reading: US Court Defies SEC Interpretation Of Crypto, XRP Lawyer Weighs In Seven Bitcoin Spot ETF Applications Stalled by SEC Delays According […]

Popular pro-XRP lawyer John E. Deaton has weighed in on the ongoing court case between the United States Securities and Exchange Commission (SEC) and the Coinbase cryptocurrency exchange. In June, the US securities regulator launched a lawsuit against Coinbase, accusing the exchange of running an “unregistered securities exchange, broker and clearing agency.” On August 4, […]

On-chain data shows the Bitcoin trading volume has been increasing recently, which could help further the asset’s rally. Bitcoin Trading Volume Has Registered A Large Boost Recently According to data from the on-chain analytics firm Santiment, BTC continues to see high volumes. The “trading volume” here refers to measuring the daily total amount of a […]

Regulators are still figuring out how to oversee crypto, but some recent judicial rulings show promise for the industry’s legal battles with the US Securities and Exchange Commission (SEC). Bill Morgan, an attorney representing Ripple in its protracted legal battle with the SEC, has been vocal about the evolving judicial stance on crypto. His recent comments underline […]

The Society for Worldwide Interbank Financial Telecommunications (SWIFT) announced a success with its integration with Chainlink (LINK). The international entity has been experimenting with blockchain technology, both private and public networks, and finally revealed the progress of its efforts. Related Reading: Chainlink Developer Activity Surging, LINK Prices Up 44% From June Lows Chainlink To Improve […]

Nigerian crypto exchange Patricia has raised suspicions following its newly launched Patricia Stablecoin labeled PTK and its unilateral decision to convert users’ funds to its stablecoin without its users’ consent. Patricia’s Dubious Move In May 2023, the Nigerian exchange Patricia reportedly fell victim to a hack and reportedly lost close to $2 million. During this […]

Despite struggling with regulatory challenges that have seen it delist several high-end tokens, Binance has pledged to triple its crypto asset count up to 100 on its Japanese subsidiary platform.   Binance Japan To Increase Number Of Listed Tokens To 100 Binance Japan, a prominent Japanese subsidiary of Binance Exchange, has made a surprising announcement in […]

On-chain data shows both the short-term and long-term Bitcoin Cash holders have entered into profits following the 13% rally. Bitcoin Cash Traders Return To Profits As Whales Ramp Up Activity According to data from the on-chain analytics firm Santiment, Bitcoin Cash traders who bought within the past 30 days, as well as those who did […]

A partner at K&L Gates law firm, Jeremy McLaughlin, has predicted a resurgence in the US crypto industry amid ongoing regulatory turmoil. According to the crypto-focused lawyer, the US Securities and Exchanges Commission’s recent court losses reignite hopes for the blockchain industry. SEC Recent Court Loses Reignites Hope That Clear Crypto Legislation Is Underway McLaughlin’s […]

South Africa (SA)  is projected as one of the most crypto-friendly African countries. However, a recent development suggests that the crypto industry in the country may be enduring a torrid time as US crypto firms move to block users in the country.  Kraken Blacklists South Africans According to a report by local media outlet Moneyweb, […]

A Bitcoin mining company has come under fire for seeking approval to utilize tire-derived fuel to power its crypto mining operations in Nesquehoning, Pennsylvania. The contentious decision has set environmental advocacy groups and the company on opposing fronts, highlighting the ongoing tension between technological advancements and sustainability efforts. Stronghold Digital Mining, a Pennsylvania-based cryptocurrency mining […]

Worldcoin, a cryptocurrency project co-created by Sam Altman, disclosed that there has been an increase in demand for World ID. This growing popularity is said to have resulted in a new single-day record for user sign-ups in Argentina. This feat comes despite the ongoing investigation by local Argentinean authorities into the crypto project’s operations. Worldcoin Registers […]

Following the court’s ruling in favor of Grayscale against the US Securities and Exchange Commission (SEC), many have begun to wonder whether or not the SEC will succumb and approve Grayscale’s ETF application. However, this looks more likely as Bloomberg ETF analysts have increased the odds in favor of the asset manager.  Odds For ETF […]

The mystery surrounding the identity of the founder of Shiba Inu, known as “Ryoshi,” has taken another twist. A recent theory proposed by crypto researcher @BoringSleuth suggests that the elusive Ryoshi might be a combination of two individuals: Ryo Suzuki and Tsuyoshi Maruyama, both of whom have ties to the B2C2 Group. “@BoringSleuth” tweeted, “Who […]

In a recent interview on “Bloomberg Markets,” Grayscale Investments CEO Michael Sonnenshein described the US appeals court’s decision to overturn the Securities and Exchange Commission’s (SEC) block of his firm’s proposed spot Bitcoin exchange-traded fund (ETF) as a “huge win.” The ruling, which has been hailed as a significant step forward for the digital-assets industry, […]

A digital wallet associated with Robinhood, the United States-based portal allowing users to trade multiple instruments, including crypto without commission, is the fifth largest holder of Ethereum (ETH). According to Arkham Intelligence, an on-chain analytics platform, Robinhood controls 1.72 million ETH, worth $2.93 billion at current prices as of August 30. It could not be immediately ascertained […]

In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today.  The proceedings shed light on the defense’s alleged difficulties in handling the case from within Brooklyn’s Metropolitan Detention Center (MDC) walls. At the same time, the judge offered […]

Bankrupt digital asset lender BlockFi has filed a court petition requesting permission to convert the Trade Only assets of its users to stablecoins, thus allowing the withdrawal of these tokens. This development marks the company’s latest effort to repay its creditors. Related Reading: SEC Temporarily Waives $30M Fine, Demands BlockFi Pays Investors BlockFi Moves To […]

Robinhood Wallet, the popular multi-chain, self-custody, Web3 wallet, has introduced new features to meet the demands of its growing user base. In response to user feedback, Robinhood Wallet now supports Bitcoin (BTC) and Dogecoin (DOGE), allowing users to custody, send, and receive these cryptocurrencies.  Additionally, the platform has enabled on-app swaps on the Ethereum (ETH) […]

Back in 2021, the decentralized finance (DeFi) space experienced explosive growth which led to a rapid rise in total value locked (TVL). The TVL would continue to grow into 2022 and maintain a decent level even through the initial bear market triggered by the Terra collapse. However, the glory days are long over now and […]

On-chain data shows the Bitcoin sharks and whales added to their holdings right before the latest rally in the asset’s price occurred. Bitcoin Investors Holding Between 10 to 10,000 BTC Bought Ahead Of Rally According to data from the on-chain analytics firm Santiment, the large BTC holders scooped up a significant amount of the asset […]