Bitcoin Price Stalls Below $38,000 Amid BlackRock-SEC Talks
The Bitcoin price rose to $38.475 yesterday, marking a marginally higher high for the year. Nevertheless, the price did not manage to
Read MoreThe Bitcoin price rose to $38.475 yesterday, marking a marginally higher high for the year. Nevertheless, the price did not manage to
Read MoreOn November 20, an SEC memorandum revealed a meeting involving Grayscale CEO Michael Sonnenshein, legal chief Craig Salm, ETF head Dave LaValle, four other executives, and five representatives from the Davis Polk law firm. The discussions centered on NYSE Arca, Inc.’s proposed rule amendment to list and trade shares of
Read MoreBinance will reportedly pay no less than $4 billion in fines to keep operating in the United States. Binance Holding Ltd may have reportedly reached a settlement agreement with the United States Justice Department (DoJ). That is according to a recent report by Bloomberg. Citing sources with inside knowledge of the
Read MoreBinance Holding Ltd. would be asked to pay $4 billion to settle U.S. Department of Justice accusations of multiple criminal violations, according to a report from Bloomberg News on negotiations between the DOJ and the company, which are also leaving open the possibility that its founder Changpeng "CZ" Zhao would
Read MoreWhile the crypto community eagerly awaits the SEC’s decision regarding Grayscale’s ETF application and others, SEC Chair Gary Gensler remains cautious in sharing specific details about the commission’s next steps. The US Securities and Exchange Commission (SEC) is reportedly in discussions with Grayscale Investments regarding the conversion of the Grayscale Bitcoin
Read More"There are still things that have to be worked through," Salm said in an interview, also noting that others among the applicants for bitcoin ETFs – a group that includes financial giants BlackRock and Fidelity – seem to be making progress in SEC talks with their own registrations. "Overall, it's
Read MoreThe Web3 industry has experienced massive growth over the last many years, from a niche that saw the glimpses of the future of the internet, to a reality building that future with the brightest minds and makers. The space has also received support from a number of influential people, absorbing big
Read MoreHashdex’s proposed ETF stands out from existing cryptocurrency-related ETFs due to its unique approach, which is the purchase of physical Bitcoin. Brazilian crypto asset manager, Hashdex recently held extensive discussions with the Securities and Exchange Commission (SEC) regarding its proposal to launch an Exchange-Traded Fund (ETF) designed to purchase physical Bitcoin
Read MoreTwo weeks earlier, FTX’s $500 million investment in Anthropic in 2022 was said to be a game-changer for creditors. Now its rival, OpenAI, responsible for ChatGPT, received a valuation of $86 billion. A valuation higher than Stripe The team at the artificial intelligence startup responsible for ChatGPT is in the midst of
Read MoreBitstamp is negotiating with major European banks to offer cryptocurrency services, fueled by optimism over the EU’s forthcoming MiCA regulations. Bitstamp, one of the oldest cryptocurrency exchanges, is negotiating with three leading European banks to provide cryptocurrency services. This initiative aligns with the imminent European Union regulatory structure, known as Markets
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