Bitcoin

In a surprise move, the US Securities and Exchange Commission (SEC) announced an early delay of ARK Invest’s and 21Shares Bitcoin spot ETF application on Tuesday, September 26, which was originally scheduled to be decided by November 11. At the same time, the regulator postponed GlobalX ETF’s application, which was to be decided on October 7. Following the decision, Bloomberg …

Binance Belgium, the Belgian wing of the world’s largest crypto exchange,  has reopened its operations three months following a ban from the nation’s financial market regulator. On June 23, Belgium’s Financial Services and Markets Authority (FSMA) directed the exchange to cease offering services to the Belgian market because it operates from nations outside the European Economic Area (EEA).  Binance Belgium …

The Office of Foreign Assets Control of the United States government blacklisted a Mexican drug dealer for utilizing crypto to import the strong and deadly synthetic opioid narcotic fentanyl into the country. On Sept. 26, the US Treasury made an announcement stating that it has imposed sanctions on 10 individuals, several of whom had affiliations with the notorious Sinaloa Cartel. Crypto Wallet Used To …

Péter Szilágyi, a software engineer, contends that the widespread adoption of Geth, an Ethereum client he helped develop, is not why the dominant smart contract platform is “slow.” Szilágyi responded to a thread on social media platform X discussing Solana’s high throughput, stating, “Geth does not control all factors affecting processing speed.”  Geth Is The Most Popular Ethereum Client Geth is …

David Hoffman, a crypto analyst and Ethereum influencer, has picked out a concerning disconnect in Solana relating to the number of SOL issued and the fees the network captures. Taking to X, the social media platform, Hoffman said Solana distributes roughly $1.8 million worth of SOL daily while only capturing a fraction in fees at approximately $40,000.  Solana Overpaying For A Higher …

Binance, one of the largest cryptocurrency exchanges, faces mounting challenges as it navigates a complex legal landscape with the US Department of Justice (DOJ).  According to a report by The Wall Street Journal, Binance’s empire is “under threat,” leading to significant consequences for the crypto industry as a whole. Binance Dominance Wanes As Legal Pressures Mount In recent months, Binance …

It’s been more than a year since the historic Terra LUNA crash saw USTC de-peg but the community has still not given up on the cryptocurrency. The latest development comes in the form of a proposal that wants to stop the minting of new USTC, which could end up being a positive for the price. The Road To Re-Pegging USTC …

JPMorgan’s British retail bank, Chase Bank, has recently revealed plans to ban cryptocurrency-related payments for its British customers starting from October 16, according to a report by Reuters. The decision comes as the banking giant seeks to address the “mounting concerns” surrounding fraud and scams associated with cryptocurrencies. Chase Bank Shuts Door On Crypto Transactions In an email sent to …

While the overall crypto market is currently trading in a range, XRP seems to have found its footing among institutional investors. According to the new CoinShares report, the altcoin has been on a tear in the past week, moving against the broader outflows in digital asset investment products.  Institutional Investment in XRP Skyrockets 700% Institutional investors have been getting more …

In recent years, Japan has been recognized as one of the pioneers in embracing the crypto industry. In its latest decision to further streamline the sector, the Japanese Crypto Asset Business Association (JCBA) is making strides in redefining the rules around Initial Coin Offerings (ICOs). JCBA’s Vision For The ICO Market The JCBA’s latest endeavor centers around the proposal of …

An analyst has pointed out how the latest Bitcoin purchase by Microstrategy could explain a pattern observed in this metric recently. Microstrategy’s Purchase Behind Recent Positive Coinbase Premium? Yesterday, Michael Saylor’s Microstrategy announced that it has acquired an additional 5,445 BTC at a cost of $147.3 million. In a post on X, Maartunn, the CryptoQuant Netherlands community manager, has shared …

The XRP price has been characterized by bullish predictions throughout this month. Crypto analysts have put forward countless analyses about why the altcoin is poised for a massive rally. Another analyst has joined the ranks of the bullish, putting the XRP price as high as $250. Here’s When The XRP Price Will Get To $250 A crypto analyst on TradingView …