Crypto

How Grayscale’s Win Could Affect Your Bitcoin Investments

The SEC’s Dilemma After a landmark court ruling in favor of Grayscale, the Securities and Exchange Commission (SEC) is now in a quandary. The agency must decide how to handle the influx of Bitcoin spot ETF applications. The SEC could either approve these applications or take a more drastic step: rescind prior approvals of Bitcoin […]

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Is Ripple’s New Role a Step Towards Global Dominance?

The New Role and Its Significance Ripple, the technology company behind the cryptocurrency XRP, is actively seeking to fill a new full-time position—Senior Specialist in Global Know Your Customer (KYC) Due Diligence. This role will be based in the United States and will be a part of Ripple’s Global Anti-Money Laundering & Sanctions Compliance team.

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Coinbase’s PYUSD Listing: A Golden Opportunity or a Misstep?

The Announcement and Its Implications Coinbase, the largest cryptocurrency exchange in the United States, has officially announced its plans to list PayPal’s newly launched stablecoin, PYUSD. The trading is set to commence on August 31, contingent upon liquidity conditions. According to Coinbase, the trading will begin “on or after 9 AM PT” and will be

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Is Ethereum Trading Safe? Whale Loses $5.1 Million!

The High-Stakes Gamble That Went South In a startling revelation, a cryptocurrency whale has reportedly lost a staggering $5.1 million due to ill-timed long positions on perpetual contracts. The losses were tracked by Lookonchain, a popular crypto market sleuth. The whale’s Ethereum holdings were liquidated when the market took a downturn. For instance, a single

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Why Did Bitcoin Surge After Grayscale’s SEC Win? The Inside Scoop!

The Grayscale Win and Bitcoin’s Brief Surge Bitcoin, the world’s most popular cryptocurrency, recently experienced a significant price surge, reaching a two-week high above $28,000. This uptick was largely attributed to Grayscale’s legal victory against the U.S. Securities and Exchange Commission (SEC). The court ordered the SEC to reconsider its decision to reject Grayscale’s application

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Ethereum Breaks $1,700: What You Need to Know Today!

The Surge and Its Implications Ethereum, the world’s largest altcoin, recently experienced a significant price surge, breaking the $1,700 barrier. This comes after a tumultuous period in 2022, marked by market corrections and a sell-off in August that saw Ether’s price plummet to $1,580. Despite multiple failed attempts to break above $1,700, the cryptocurrency finally

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Why Did Clockwork Team Abandon Ship? The Impact on Solana and Crypto

A Sudden Departure Nick Garfield, the founder and CEO of Clockwork, a decentralized automation protocol built on the Solana blockchain, has announced that he and his team will be stepping away from the project. The decision comes a year after the project received seed funding from backers like Multicoin Capital and Asymmetric. The team plans

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Grayscale’s Legal Win: A Turning Point for Bitcoin ETFs?

The Resurgence of Optimism Crypto markets experienced a significant surge, adding $65 billion in value, following a court ruling in favor of Grayscale against the Securities and Exchange Commission (SEC). The court’s decision allowed Grayscale to convert its GBTC fund into an ETF, effectively reversing the bearish sentiment that had plagued the market. Market analysts

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How 1inch’s $10M Ethereum Buy Could Turn the Market Around

A Strategic Acquisition Amid Market Uncertainty The 1inch Investment Fund’s crypto wallet has recently acquired 6,088 ETH at an average price of $1,655, totaling over $10 million. This move was highlighted by Lookonchain, a well-known blockchain analysis platform. The acquisition comes at a time when Ethereum has been experiencing a bearish trend, with its price

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