The major Wall Street regulator has reportedly instructed spot Bitcoin ETF applicants to amend their filings and use the cash creation and redemption model.
Nica Osorio
Dec 21, 2023
Saylor was once against Bitcoin, and in one of his previous tweets, he predicted the crypto asset would suffer the same fate as online gambling.
Nica Osorio
Dec 20, 2023
Novogratz thinks the approval of the highly anticipated Bitcoin investment vehicle will benefit markets since it will add "more fuel for a fire" that would eventually trigger crypto assets to trade "like a maniac."
Nica Osorio
Dec 20, 2023
The exchange assured users no customers' assets had been compromised by the vulnerability even before the fix was deployed.
Nica Osorio
Dec 19, 2023
Prior to Kwon's extradition appeal, a report alleged that Montenegro's Justice Minister, Andrej Milovic, had already made the decision to send Kwon to the U.S. before it was publicly announced.
Nica Osorio
Dec 19, 2023
BlackRock's decision to change Coinbase's role from a prime broker to a prime execution agent may indicate possible alterations in the perceived responsibilities of Coinbase on the investment giant's iShares Bitcoin Trust, its proposed spot Bitcoin ETF.
Nica Osorio
Dec 19, 2023
Bitcoin ended last week at around $41,400, recording a 5.5% loss from the previous week's closing value of around $43,800. It continued to dip Monday, reaching a weekly low of about $40,425.
Nica Osorio
Dec 19, 2023
Sonnenshein, in an interview, talked about the importance of launching a spot Bitcoin ETF in the U.S., highlighting the magnitude of wealth held within advised assets and the significant opportunity a regulated BTC ETF could offer to tap into these vast resources.
Nica Osorio
Dec 19, 2023
Aside from the payment of fines, the court order also obligates Binance and Zhao to issue certifications on the existence of the application and efficacy of improved compliance control of Binance and "permanently enjoins them from further violations as charged."
Nica Osorio
Dec 19, 2023
ARK's latest move suggests that the U.S. Securities and Exchange Commission did not budge on its preferred creations and redemptions model.
Nica Osorio
Dec 19, 2023
BlackRock had two choices for its spot Bitcoin ETF application – give in to the SEC's preferred model or wait until the regulator approves in-kind redemption.
Nica Osorio
Dec 19, 2023
Solana Saga phones initially had disappointing sales numbers and was deemed a "failure" following its launch in May.
Nica Osorio
Dec 18, 2023
Shiba burns have been a hotly debated topic among the Shib Army as many believe that it could help push the value of the SHIB upward.
Nica Osorio
Dec 18, 2023
In October, Sen. Cynthia Lummis and Rep. French Hill urged Attorney General Merrick Garland "to carefully evaluate the extent to which Binance and Tether are providing material support and resources to support terrorism."
Nica Osorio
Dec 18, 2023
The Shiba Ecosystem showcased its prowess in decentralized finance and the broader cryptocurrency industry this year by introducing a myriad of initiatives that Kusama described as major steps toward transforming the community into a truly decentralized one.
Nica Osorio
Dec 18, 2023
Jan van Eck says he does not see another "internet store of value" that will surface and "leapfrog" Bitcoin.
Nica Osorio
Dec 18, 2023
Unfortunately, the pseudonymous lead developer suppressed details of this announcement, and only teased "next week we have a VERY big announcement."
Nica Osorio
Dec 15, 2023
The latest movements of ETH stashes by Celsius and FTX underscore the strategic reactions of both crypto businesses to the positive movement of the market.
Nica Osorio
Dec 15, 2023
Bitwise predicts Bitcoin to hit a record high surpassing $80,000 next year, crediting this surge to two main factors: the Bitcoin Halving event and the upcoming launch of a spot Bitcoin exchange-traded fund (ETF) in the U.S.
Nica Osorio
Dec 14, 2023
The details were presented by BlackRock to the officials at the U.S. Securities and Exchange Commission (SEC) late last month in its proposed "In-kind Redemption Prepay."
Nica Osorio
Dec 14, 2023
Apart from Ledger and Metamask, several other protocols, including Zapper, SushiSwap, Phantom, Balancer and Revoke.cash, were affected by the security incident.
Nica Osorio
Dec 14, 2023
A Shiba Inu developer announced earlier this month that Shibarium, the layer-2 scalability solution of the Shiba Ecosystem, will implement a new Shib burning system, which is set to take effect in January.
Nica Osorio
Dec 14, 2023
The MicroStrategy co-founder made a bold prediction in the past saying the crypto asset would trade at $5 million and replace gold, and the conditions he enumerated are now nearly met.
Nica Osorio
Dec 14, 2023
The latest achievement is also impressive considering that Shibarium broke through the 80 million threshold (total transactions processed) just a few days ago.
Nica Osorio
Dec 14, 2023
In its recent filing, the spot Bitcoin ETF registration underlined that it will only use cash creations in response to the SEC's instruction to use the cash redemption model.
Nica Osorio
Dec 14, 2023
Recent accounting rule adoption allows crypto companies and private institutions holding crypto assets to record their tokens at fair value, with changes reflected in net income.
Nica Osorio
Dec 13, 2023
CFTC Chair Rostin Behnam says that "under existing law, many of the tokens constitute commodities."
Nica Osorio
Dec 13, 2023
The filing also underlined that what the agency recently submitted to the court was "an impermissible supplemental brief that identifies no new 'authority' and instead attempts to introduce new factual information and arguments."
Nica Osorio
Dec 13, 2023
The 76-year-old legal expert also disclosed how Bankman-Fried made things all the more challenging when he went off the script during his testimony, eventually making his case "unwinnable."
Nica Osorio
Dec 13, 2023
The decision was made after the U.S. and South Korea made extradition requests to prosecute the crypto entrepreneur on charges related to the collapse of the TerraUSD stablecoin.
Nica Osorio
Dec 13, 2023