Per a report from Fortune, crypto exchange Coinbase was exploring the acquisition of FTX Europe until very recently. The company aims to expand its foothold over the European market and increase its trading volume by offering crypto derivatives to more clients. Coinbase Pounders Acquisition As Spot Crypto Trading Volume Crashes The report claims that Coinbase has been trying to acquire …
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Binance vs. SEC Update: Crypto Exchange And CEO Fight Back With New Filing
Crypto exchange Binance, its US arm Binance.US, and Binance CEO Changpeng “CZ” Zhao are fighting back against the US Securities and Exchange Commission (SEC) with a new court filing. Binance And Binance CEO File Joint Motion Against SEC On Thursday, September 21, 2023, Binance and Binance CEO Changpeng CZ Zhao filed a joint motion to dismiss the US Securities and …
Read More »Bitcoin Non-Whale Entities Now Hold 41% Of Supply, A New ATH
On-chain data shows that Bitcoin addresses carrying less than 100 BTC now control 41.1% of the total supply, a new all-time high. Bitcoin Non-Whale Addresses Have Increased Their Supply Recently According to data from the on-chain analytics firm Santiment, a shift has occurred in the BTC market during the last few months. The indicator of interest here is the “Supply …
Read More »India’s Hefty Crypto Tax Rules Will Last Two More Years, WaxirX Chief Says
India has continued in its hawkish stance on crypto, and while most people expect the government to introduce crypto-friendly rules, Nischal Shetty, CEO of India-based crypto exchange WazirX expects the opposite. According to him, the hefty tax regime will likely last longer. India Records Significant Drop In Trading Volume In February 2022, during the budget presentation, India announced a 30% tax …
Read More »FTX’s Sam Bankman-Fried Served Another Massive Blow Just Two Weeks To Trial
With just two weeks to his trial, FTX founder Sam Bankman-Fried (SBF) appealed his bail revocation ruling, hoping he would attend his trial from home when it commences. However, that is unlikely following the Court of Appeals order on September 21. Sam Bankman-Fried To Remain In Jail A three-judge panel of Circuit Judges including John M. Walker, Jr., Denny Chin, …
Read More »Dencun Upgrade Likely Delayed To Early Next Year
The anticipated Ethereum upgrade, dubbed Dencun, amalgamating the consensus layer (Deneb) and the execution layer (Cancun), is poised for a likely delay to early next year. The discussions during the Ethereum All Core Developers Consensus Call (ACDC) #118, chaired by Danny Ryan from the Ethereum Foundation, signposted this potential delay amid discussions surrounding the pivotal Ethereum Improvement Proposals (EIPs) such …
Read More »Bitcoin Next Moonshot? Santiment’s Intriguing Insights For Crypto Enthusiasts
Bitcoin (BTC), the flagship cryptocurrency, is currently drawing significant attention as it stands poised for a potential upward surge. Santiment, a leading blockchain analytics platform, has identified a pivotal factor that could pave the way for a substantial rally in Bitcoin’s price. This factor centers around the remarkable increase in short interest observed on two of the most prominent cryptocurrency …
Read More »Best Bitcoin Casinos 2023 🥇 Reviews & Toplist
As we head towards the final stretch of 2023, it is essential to know how to choose the best Bitcoin casino, understand the various bonuses available, and know what cryptos you can use on these platforms. In this article, we will delve deep into these topics to help you make an informed decision. We also present the ultimate top list …
Read More »Attorneys Criticize SEC Chair Following Comments Relating To Ripple Case
In a recent development, pro-XRP legal experts Bill Morgan and John Deaton have taken a swipe at the US Securities and Exchange Commission’s (SEC) Chair Gary Gensler following his recent comments, which show his stance on the Ripple Case. Ripple Case: Gensler a “Megalomaniac” In a tweet shared on his X (formerly Twitter) platform, Deaton criticized Gensler’s supposed disregard for …
Read More »XRP Lawyer Drops Clues Ahead Of Today’s Big Announcement
Renowned attorney and staunch XRP advocate, John E. Deaton, who currently represents an impressive 75,000+ token holders in the ongoing Ripple Labs versus the U.S. Securities and Exchange Commission (SEC) lawsuit, has the crypto community on the edge of their seats. As the clock ticks down to his promised “big announcement” today, the speculative buzz intensifies, given the tantalizing hints …
Read More »Crypto Firms Receive FCA ‘Final Warning’ Ahead of UK Marketing Overhaul
Crypto firms marketing their assets to UK consumers have received a stern warning in a missive dated September 21 from the United Kingdom’s Financial Conduct Authority (FCA), responsible for overseeing the nation’s financial markets. This warning comes in the wake of growing concerns over the alarming apathy exhibited by many crypto entities towards forthcoming marketing regulations, which could result in …
Read More »Crypto Insider To Expose SEC As ‘Establishment’s Unit’
In a recent series of tweets, crypto insider Steven Nerayoff, inventor of the utility token and ICO at Ethereum in 2014-2015, lambasted the SEC, alleging that it operates as a tactical unit of the establishment. “SEC is a tactical unit of the establishment. Courts are an effective weapon as time alone often defeats the target entity and freezes the market,” …
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