Author: Chris Smith
Grayscale Files Application to Convert its Crypto Fund into an ETF
Reading Time: < 1 minute Grayscale has submitted a request to the SEC to transform its Digital Large Cap Fund into an ETF.
Spot Bitcoin ETFs See Net Inflows of $555.86M
Reading Time: < 1 minute On October 14, net inflows for 12 Bitcoin exchange-traded funds (ETFs) reached $555.86 million, which was more than double the $253.54 million recorded on the previous trading day.
Tether May Lend to Commodities Trading Firms
Reading Time: < 1 minute Tether Holdings Ltd is planning to lend to commodities trading companies to utilize their billions of dollars in profits.
Ripple Co-founder Donates $1M to Kamala Harris’ Campaign
Reading Time: < 1 minute Ripple co-founder Chris Larsen has contributed $1 million in cryptocurrency to a political action committee that supports Vice President Kamala Harris.
Crypto Exchange Bitnomial Sues SEC
Reading Time: < 1 minute Bitnomial, a crypto exchange, has filed a lawsuit against the US Securities and Exchange Commission (SEC).
Market Update October 11
Reading Time: 2 minutes Over the past week, we have seen some interesting price movements, with Bitcoin and Ethereum taking the spotlight. Bitcoin, the world’s largest and most popular cryptocurrency, has had a rollercoaster week.
Ripple Files a Cross-Appeal in SEC Lawsuit
Reading Time: < 1 minute Ripple Labs has decided to appeal a recent ruling made by US District Judge Analisa Torres in their ongoing legal battle against the SEC.
SEC Files Lawsuit Against Cumberland DRW for Operating as Unregistered Crypto Dealer
Reading Time: < 1 minute The SEC filed a lawsuit against Cumberland DRW on October 10, citing the company for operating as an unregistered dealer.
WisdomTree Launches a Debit Card Linked to its Onchain Money FundÂ
Reading Time: < 1 minute WisdomTree has announced that it will allow debit card holders to make direct purchases using its tokenized onchain money fund.
Crypto.com Sues SEC
Reading Time: < 1 minute Currency exchange Crypto.com has taken legal action against the US Securities and Exchange Commission (SEC), its Chair Gary Gensler, and its four commissioners.
Canary Capital Files Application for a Spot XRP ETF
Reading Time: < 1 minute Canary Capital, a firm specializing in crypto investments, has submitted a proposal to establish an exchange-traded fund (ETF) for XRP.
Hong Kong Plans to Approve More Crypto Licenses This Year
Reading Time: < 1 minute The Securities Futures Commission of Hong Kong has announced its plan to issue more licenses to cryptocurrency exchanges and digital asset firms operating in the region by the end of the year.
Judge Approves FTX Bankruptcy Plan
Reading Time: < 1 minute Jon Dorsey, the US bankruptcy judge, has given his approval to the reorganization plan for FTX.
NYDIG: Bitcoin Remains Best Performing Asset This Year
Reading Time: < 1 minute According to the New York Digital Investment Group, Bitcoin continues to be the top-performing asset of the year despite a relatively weak third quarter.
Coinbase Will Delist Unauthorized Stablecoins in EU to Comply with MiCA
Reading Time: < 1 minute Coinbase has announced its plans to remove any unauthorized stablecoins from its platform in the European Union (EU) by December. This move is in compliance with the EU’s Markets in Crypto Assets (MiCA) rules.
Market Update October 4
Reading Time: < 1 minute The past week has been a rollercoaster ride for the cryptocurrency market as major coins such as Bitcoin and Ethereum experienced significant price movements.
JPMorgan: Investors Could Turn to Bitcoin Due to Geopolitical Risks
Reading Time: < 1 minute J.P. Morgan analysts suggest that recent increases in geopolitical tensions and the looming US presidential election are causing investors to turn towards gold and bitcoin as safe-haven assets, referred to as the “debasement trade.”
Ripple and Mercado Bitcoin Will Make Crypto Payments Available in Brazil
Reading Time: < 1 minute Ripple has teamed up with a major cryptocurrency exchange in Brazil to launch cross-border payments fueled by cryptocurrency.
SEC Enforcement Director Gurbir S. Grewal Leaves Agency
Reading Time: < 1 minute Gurbir S. Grewal, the Enforcement Director of the Securities and Exchange Commission (SEC), will be leaving the agency after 21 years of service.
Hackers Steal $750M in Crypto in Q3 2024
Reading Time: < 1 minute The third quarter of 2024 saw a decline in the number of reported crypto hacks, but an increase in the amount of stolen assets.
Bitwise Files Application for XRP ETF
Reading Time: < 1 minute A recent filing for a Bitwise XRP exchange-traded fund (ETF) has been discovered on the State of Division of Corporations website.
US State of Ohio Could Accept Crypto for Tax Payments
Reading Time: < 1 minute An Ohio state senator, Niraj Antani, has proposed a bill that would mandate the acceptance of cryptocurrency by the state for the payment of taxes and fees.
Gemini Will Close All Customer Accounts in Canada
Reading Time: < 1 minute Gemini has recently announced that it will be closing all customer accounts in Canada by the end of the year.
Mango Markets Settles with SEC
Reading Time: < 1 minute After being charged with unlawfully selling MNGO tokens, Mango DAO has agreed to settle with the US Securities and Exchange Commission.
BlackRock’s Ethereum ETF Surpasses $1B
Reading Time: < 1 minute In a turnaround from six straight weeks of negative outflows, US-based spot Ethereum exchange-traded funds (ETFs) have recorded their highest weekly inflows since early August.