The Ethereum co-founder said he feels bad about how Solana is being treated by U.S. regulators.
Binance Labs incubation program season 6 opens as AltSignals presale hits 96.71%
Binance Labs has started accepting Season 6 Incubation Program applications for Web3 innovation. The incubation program offers tailored resources and mentoring for startups. At the same time, the first stage of AltSignals presale has hit 96.71%. The sixth season of Binance Labs’ prestigious Incubation Program is now accepting applications. The program’s goal is to promote […]
EOS price lags as Bitcoin Cash, Litecoin soar
EOS price is down 13% year-to-date even as LTC and BCH have turned extremely bullish. The broader market outlook is bullish and that could help EOS target recent peak. EOS traded at $0.77 at the time of writing, about 10% up after a brief dip to $0.70. EOS price is currently trading near $0.77 after […]
Litecoin Breaks Psychological Barrier But Remains in Bearish Territory: What Lies Ahead?
The recent surge in Litecoin (LTC) price propelled it to reach a significant psychological level of $100. This upward movement has provided a bullish boost and allowed the altcoin to register gains in recent trading sessions. However, despite this bullishness, the price of LTC remains within bearish territory, indicating ongoing downward pressure. Reclaiming the $100 […]
Bitcoin’s breakup with gold may be a sign of crypto’s emerging maturity
The U.S. economic landscape has been a significant determinant of investor sentiment. The latest U.S. GDP report, which exceeded market expectations, has left investors hypersensitive to moves and decisions coming from the U.S. government. The market was bracing for a weaker economic performance, but the stronger-than-anticipated GDP figures have caused ripples across various asset classes. […]
Celsius Will Begin Selling Altcoin Portfolio Into BTC and ETH
Bankrupt crypto lender Celsius has been granted permission to begin liquidating its altcoins into Bitcoin (BTC) and Ether (ETH). This will occur before distributions to creditors take place, who expect to receive their assets denominated only in the top two cryptocurrencies by market cap. According to Bankruptcy judge Martin Glenn, Celsius “may sell or convert […]
Court Allows Celsius Network To Convert Altcoins to BTC or ETH
The court ordered that the aforementioned altcoins be liquidated on or after July 1. The proposal was approved post consultation with Celsius and U.S SEC. The bankruptcy court has approved Celsius Network’s plan to convert all assets held in cryptocurrencies into Bitcoin and Ethereum. Judge Martin Glenn of the Southern District of New York has […]
South Korea passes new crypto legislation focusing on investor protections
The South Korean National Assembly passed the Virtual Asset User Protection Act on June 30 during a plenary session, local media SBS reported. The legislation combines 19 different crypto-related bills that aim to establish a regulatory framework for the industry and define digital assets that are securities. However, it primarily focuses on investor protection amid […]
SEC finds spot bitcoin ETF applications lacking in details
The U.S. Securities and Exchange Commission (SEC) has reportedly found recent applications for spot Bitcoin exchange-traded funds (ETFs) wanting in specificity, despite filings from major players like BlackRock and Fidelity.
BREAKING: SEC Declines Bitcoin ETF Approval from BlackRock and Fidelity – Why This Is Good News for Bitcoin and a New ATH This Year
The U.S. Securities and Exchange Commission (SEC) has deemed the recent applications to launch a spot Bitcoin ETF, by asset managers including BlackRock and Fidelity, as insufficient. The news led to an abrupt fall in Bitcoin’s price, highlighting the instability of this market. The U.S. Securities and Exchange Commission (SEC) declared last Friday that the […]