Amid much debate about the spot Bitcoin ETF race, James Seyffart, a Bloomberg Analyst, described the U.S. Securities and Exchange Commission’s (SEC) loss against Grayscale as a complete rejection of the agency’s position. The D.C Circuit Court of Appeal had on August 29, 2023 rejected the SEC’s views on the Grayscale Bitcoin Trust (GBTC) conversion […]
Grayscale Urges SEC To Quickly Approve Its Spot Bitcoin ETF
The post Grayscale Urges SEC To Quickly Approve Its Spot Bitcoin ETF appeared on BitcoinEthereumNews.com. Key Points: Grayscale seeks quick SEC approval for its Bitcoin ETF following a legal victory. A court ruling questions the SEC’s inconsistent treatment of crypto ETFs. The SEC’s decision could…
Baidu CEO Robin Li says more than 70 AI models already released in China
The post Baidu CEO Robin Li says more than 70 AI models already released in China appeared on BitcoinEthereumNews.com. Robin Li, CEO of Chinese tech company Baidu, said on Sep. 5 that more than 70 artificial intelligence (AI) models have been released in the country, according to a report…
Will Price Cut Affect TSLA Share?
The post Will Price Cut Affect TSLA Share? appeared on BitcoinEthereumNews.com. The Tesla stock price has plummeted by 5.06% after TSLA decreased the price of some of its models in the United States and also declined the price of its driving…
SoftBank’s Chipmaker Arm May See $52B Valuation in Upcoming US IPO
The post SoftBank’s Chipmaker Arm May See $52B Valuation in Upcoming US IPO appeared on BitcoinEthereumNews.com. Only 9.5% of the Arm American Depository Shares would be available to the general public at the IPO, while SoftBank retains the rest. Chip design company Arm may be looking…
SHIB Burn Rate Shows Mysterious Plunge Despite Recent Statements From SHIB Team
The post SHIB Burn Rate Shows Mysterious Plunge Despite Recent Statements From SHIB Team appeared on BitcoinEthereumNews.com. Yuri Molchan SHIB burn rate shows massive plunge after several recent statements by SHIB team that sort of contradict each other According to data shared by the Shibburn tracker in…
BTS’s J-Hope Owns 20% Of Billboard’s Rap Chart
The post BTS’s J-Hope Owns 20% Of Billboard’s Rap Chart appeared on BitcoinEthereumNews.com. CHICAGO, IL – JULY 31: J-Hope performs during day 4 of Lollapalooza at Grant Park on July 31, 2022 … [+] in Chicago, Illinois. (Photo by Michael Hickey/Getty Images) Getty…
Ripple Leads the Blockchain Space With the Ripple CBDC Platform
The post Ripple Leads the Blockchain Space With the Ripple CBDC Platform appeared on BitcoinEthereumNews.com. Ripple Labs introduced the Ripple CBDC Platform in May to promote the global expansion of CBDCs. In August, Ripple’s Indian partner Yes Bank joined the country’s Digital Rupee CBDC project.…
Giant Whale Dumps All Altcoins It Withdrew From Binance Two Weeks Ago
The post Giant Whale Dumps All Altcoins It Withdrew From Binance Two Weeks Ago appeared on BitcoinEthereumNews.com. The cryptocurrency market has witnessed some significant activity in recent hours as various altcoin whales from major wallets made noteworthy transactions on different exchanges. One of the most notable moves…
XAG/USD falls below the 50-DMA eyeing the 200-DMA at $23.50
The post XAG/USD falls below the 50-DMA eyeing the 200-DMA at $23.50 appeared on BitcoinEthereumNews.com. Silver price falls below the 50-day Moving Average to close at $23.53. Technical outlook suggests a bearish tilt, with the 200-DMA at $23.46 as a key support level that could…