Crypto.com Secures Crucial License From UK's Financial Conduct Authority (FCA)
With the authorization, the crypto exchange platform that has more than 80 million global users, can now offer UK-localized e-money products.
Grayscale Amps Up Bitcoin ETF Hype Saying Approval A Matter Of 'When', Not 'If'
Although timelines on the approval of spot Bitcoin ETF filings are uncertain, Grayscale said it remained "focused on uplisting GBTC to NYSE Arca as a spot Bitcoin ETF."
Ex-SEC Official Says Crypto Has 'No Inherent Value,' Gives Reasons For Price Spike
The crypto market is currently a sea of green, as Bitcoin, the world's largest crypto asset by market cap, leads the digital assets in a price rally that benefited most crypto holders.
Bitcoin Price Level Might Serve As Starting Point For Incoming Bull Market: Analyst
The king of crypto pushed through the $41,000 price level without much resistance with short positions on BTC contracts, immediately liquidating as much as $54 million.
'DOGE-1' Moon Mission Inches Closer To Becoming A Reality With Latest Milestone
This project is historic, especially for the crypto industry, as it is the first satellite launch to be fully funded in DOGE cryptocurrency.
Bitcoin Unstoppable As It Explodes Above $41K, Triggers $190M Liquidations
However, Bitcoin's latest move also caused $190 million worth of liquidated derivates, $150 million of which was in short positions.
SEC Got Help From Whistleblowers To Build Fraud Case Against Do Kwon And Terraform Labs: Lawyers
During a hearing at a Manhattan court last Thursday, lawyers for Kwon said that unnamed whistleblowers, one of them from Jump Trading Group, had helped federal regulators in building their fraud case against the Terra co-founder.
Binance VIP Traders Tipped Off By Executives Ahead Of DOJ Settlement: Report
Some market makers already knew about the historic settlement agreement roughly a couple of months before it took place, as per a Bloomberg report.
SEC Under Fire As US Judge Threatens Sanctions Over 'Misleading' Claims In Crypto Case
U.S. Chief District Judge Robert Shelby ordered the major Wall Street regulator to explain the statements it made while implementing and maintaining a temporary restraining order (TRO) against the crypto project DEBT Box.
Do Kwon Suffers Another Major Legal Defeat Amid Imminent Extradition From Montenegro
Aside from charges in the U.S. and in his home country, Kwon could be facing another class-action lawsuit in Singapore.
Ex-Inmate Says SBF Was On Suicide Watch In Jail, Didn't Eat And Shower For Days
In an interview with a crypto blogger, mob enforcer-turned-informant Gene Borrello talked about Bankman-Fried and his condition inside the Brooklyn Metropolitan Detention Center as he awaits his sentencing next year.
Bitcoin Soars To $38,000 Amid Spot ETF Approval Anticipation And MicroStrategy's BTC Accumulation
The price rally of Bitcoin, which started in October, also fueled speculations that it would touch $40,000 or higher by the end of 2023.
Circle Distances Itself From Tron, Justin Sun; Denies Terror Financing Allegations
Circle CSO Dante Disparte said the firm cannot be involved in such activities as it is subject to regulatory regimes and laws centered on money laundering and countering terror financing.
Cathie Wood's ARK Invest Dumps Coinbase, Adds More Robinhood Stock
The recent COIN share sale by ARK's Fintech Innovation exchange-traded fund (ETF) is the biggest since July 25, 2023, when the ARK Next Generation Internet ETF sold over 53,000 COIN shares.
MicroStrategy Inflates Bitcoin Stash Ahead Of Anticipated BTC ETF Approvals; Owns 0.9% Of Circulating Supply
The latest BTC acquisition is MicroStrategy's second consecutive BTC purchase in the past couple of months since it acquired 155 BTC for around $5.3 million at the start of November.
FTX Wins Court Approval To Sell Nearly $900M Worth Of Grayscale, Bitwise Trust Assets
FTX's stakes in these trusts would be sold in a manner that increases their value and does not impact the broader digital investment market, the court filing read.
BTC ETF Approval Odds Remain At 90%; Standard Chartered's Bullish Prediction Puts Bitcoin At $100K
Bloomberg Intelligence ETF analysts predict that there is a 90% likelihood that the U.S. Securities and Exchange Commission will approve the much-awaited spot Bitcoin ETF applications by Jan. 10.
Binance Announces Another Major Change In Its Ecosystem Following CZ's Departure
Binance had previously made an announcement on this matter in August, stating that it would "gradually" phase out support for the stablecoin after the stablecoin issuer, Paxos, was ordered to stop minting the coin earlier this year.
Will SEC Budge? BlackRock Presents Revised Bitcoin ETF In-Kind Model To Address Regulator's Concerns
With BlackRock's revised in-kind model proposal, it remains to be seen if the SEC would change its mind.
Binance's CZ Remains Silent But Flashes '4' On Reports That He Is Prohibited From Leaving US
Zhao has been under fire since he pleaded guilty to breaking U.S. anti-money laundering laws as part of a $4.3 billion settlement agreement with the Department of Justice and other agencies last week.
Justin Sun Speaks Up After TRON, TUSD Drop Due To Terror Financing Allegations
The crypto entrepreneur immediately released a statement defending his crypto businesses after the decline the value of TRON dropped and TrueUSD de-pegged.
SEC's Latest Move On Franklin Templeton Triggers Speculations On 'Full Wave' Spot Bitcoin ETF Approvals
The SEC's latest move on Franklin might also apply to Hashdex, analyst James Seyffart said, adding it might set in motion what industry watchers, including ARK Invest's Cathie Wood, have been discussing earlier about a potential full wave of approvals.
Coinbase Alerts Customers About CFTC Subpoena Regarding Bybit Transactions
The platform warned customers that it may respond to the regulator's subpoena unless it is reversed by a court by Thursday.
CZ Makes Strategic Move That Detaches Him From Embattled Binance.US
The decision keeps Zhao from playing any role in Binance.US, including in the exchange's governance.
70% Of Bitcoin's Circulating Supply Hasn't Moved For Over A Year: Bitfinex Report
These metrics show Bitcoin holders' reluctance to sell while buyers look for BTC supply, which is one of the factors why the king of crypto reached a new year-to-date high of $38,410 on Nov. 24.
ARK Selling GBTC Holdings Does Not Really Mean It Is Bullish On Bitcoin, ETF Analyst Says
Last week, American investment management firm ARK Invest sold more GBTC shares, specifically 163,722, to earn $5.02 million.
Court Prohibits Binance's CZ From Leaving US After Guilty Plea
This is not the only trouble Zhao could be facing in the days leading to his prison sentencing. A court filing by DOJ lawyers on Saturday revealed they might argue the Binance founder should be sentenced to up to 10 years in prison.
SEC Reports Having Trouble Issuing Legal Notices To HEX Founder Richard Heart
The SEC said its counsel was expected to report by Dec. 15, and if it failed to do so, the financial regulator would have to explore alternative services.
Beware: North Korean Hackers Allegedly Have New Modus Operandi To Steal Your Crypto
Malicious actors pretended to be officials from South Korea's National Pension Service, National Health Insurance, National Tax Service and National Police Agency to send phishing emails to recipients.
Binance's Changpeng Zhao Could Be Detained In The US, Spend A Decade In Jail
Zhao and the crypto exchange he founded, Binance, pleaded guilty to the DOJ's charge of one count of violating the Bank Secrecy Act.
