Crypto World News
Crypto World News
Coinbase Financial Markets (CFM) recently obtained regulatory approval from the National Futures Association (NFA), a Commodity Futures Trading Commission-designated self-regulatory organization, to operate as a Futures Commission Merchant (FCM) entity. This significant development opened the door for CFM to provide…
Polygon Labs made a significant announcement on Wednesday, revealing the successful launch of the POL token upgrade on the Ethereum mainnet. This upgrade is a pivotal step in implementing the Polygon 2.0 roadmap, which aims to scale Ethereum and create the Value…
Grayscale Investments has resolutely renewed its pursuit of a spot bitcoin ETF, filing a fresh registration statement with the Securities and Exchange Commission (SEC). The asset manager’s determination was rekindled following a pivotal ruling by the D.C. Circuit Court, which…
In the cryptocurrency world, swift and unexpected price movements can often leave investors in a state of awe. Glassnode’s co-founder, known as “Negentropic” on Twitter, recently highlighted a price level that’s sending ripples across the crypto space. Why is $28,000 for Bitcoin…
September 2023 witnessed Binance, one of the world’s major cryptocurrency exchanges, facing another decline in its spot market share. The ongoing regulatory challenges in the United States have played a significant role in this continued slump. Data provided by CCData…
Ripple has been a prominent player for years. But recent remarks from an influential analyst have sparked intense speculation about the company’s future. In a tweet, the analyst, Nietzbux raised doubts about Ripple’s success without XRP’s triumph. Let’s delve into this…
Today, the Federal Court has ruled in favor of Grayscale Investments, granting their petition for review and vacating the U.S. Securities and Exchange Commission’s (SEC) order rejecting the conversion of the Grayscale Bitcoin Trust (GBTC) into an Exchange-Traded Fund (ETF). This decision…
The Twitter account for The Kobeissi Letter, a prominent commentary source on global capital markets, has reported that Bitcoin experienced one of its most extensive daily liquidations in history. Bitcoin’s Liquidity Crisis: A Comparative Analysis Starting at 4:30 PM yesterday, Bitcoin’s value…
In a move driven by its steadfast commitment to maintaining a resilient blockchain ecosystem for USD₮ and other issued tokens, Tether has revealed its intention to undergo a strategic transition. This decision comes after meticulously assessing various transport layers, considering factors like…