Jamie Coutts, a cryptocurrency analyst at Bloomberg, recently predicted that next year will be an impressive year for the industry. his august 30th Twitter, Jamie Coutts reveals that despite the fact that cryptocurrencies have been ‘brought to its knees’ by the SEC over the past decade, the United States still holds a whopping 80% of Bitcoin. Only the giant cryptocurrency asset management company Grayscale boasts a 55% share. Despite being overwhelmed by the SEC for a decade while other jurisdictions made the leap to spot ETP solutions, the United States still accounts for 80% of all ETP solutions. #Bitcoin fund…
Author: Crypto Flexs
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Mike Novogratz expects the SEC to approve a Spot Bitcoin ETF this year. Barclays analysts do not expect this to be of much benefit to Coinbase. Coinbase stock is currently down more than 30% from its year-ago high. Mike Novogratz, CEO of Galaxy Investment Partners, expects the Securities and Exchange Commission to approve a spot Bitcoin ETF by the end of this year. Here’s what Mike Novogratz said on CNBC today: Last week, U.S. regulators refrained from appealing a court ruling that found there was no sufficient reason to prevent Grayscale from converting its flagship trust into an exchange-traded fund.…
SDNY Judge Katherine Polk Failla ruled that “self-driving” software Uniswap is not liable for losses suffered by users due to fraud and ponzis. Judge Failla, who has dismissed lawsuits against Uniswap, Paradigm, and others, is also presiding over SEC v. Coinbase. Cryptocurrency advocates have pointed to the industry’s growing momentum in the courts as a sign that the SEC may face defeat against Brian Armstrong’s cryptocurrency exchange.The SEC lost to Grayscale in court and a partial defeat in its securities campaign for Ripple’s XRP token. Following a string of court victories amid a flurry of lawsuits from financial watchdogs like…
Bitcoin price cut all losses and rose above $37,000. BTC is now eyeing a major upside reversal above the $37,750 and $38,000 resistance levels. Bitcoin is showing positive signs and is testing the resistance of $37,750. The price is trading above $37,000 and the 100-hour simple moving average. On the hourly chart of the BTC/USD pair (data feed from Kraken), a breakout occurred above a major bearish trendline with resistance near $37,150. Breaking out of the $38,000 resistance area, the pair could begin a major rally. Bitcoin price gains strength again As news of Binance’s settlement and CZ’s withdrawal came,…
Crypto&& Coffee 146November 17, 2023CipherTrace EngineeringTechnical Summary:bitcoinThe term “Bitcoin” refers to the Bitcoin network,…See more:Ethereum:Christine Kim of Galaxy to provide This is the latest update from All Core Devs Call for Ethereum. The first Dencun Goerli shadow fork was released last week and has gone well. There will be more shadow forks to come as the team needs to properly test and analyze them. block itA block holds a batch of hashed and valid transactions. + Transaction Blob latency.Georgios Constantopoulos of Paradigm; stock OP Reth has been merged! Reth is Paradigm’s high-performance Ethereum. wordIn the world of digital currencies, nodes…
summary: PVP, a new, innovative social gaming ecosystem dedicated to uniting gamers around the world, is excited to unveil its 2024 plans, including the launch of PvP tokens for Web 2.0 and 3.0 gaming platforms, expected to take place in 2024. We have 150,000 users in our pre-token community and today announced a partnership with Platinum Crypto Agency. In collaboration with Platinum Crypto Agency, PvP has created an exclusive platform where investors can participate in a private pre-sale token round until December 31st. After December 31st, PvP will release its first collection of NFTs to spread the word everywhere. KOL…
Former Binance CEO Changpeng Zhao’s lawyers have asked the court to reject prosecutors’ latest request to keep him in the United States until his sentencing in February.Zhao pleaded guilty Tuesday in Seattle court to charges of violating the Bank Secrecy Act and causing a financial institution to violate the Bank Secrecy Act. He also agreed to pay a $50 million fine. The U.S. Department of Justice has resolved a criminal case involving Binance, which investigated allegations of money laundering, fraud, and sanctions violations. The cryptocurrency exchange will pay a $4.3 billion fine, one of the largest corporate settlements in U.S.…
Bitcoin (BTC) broke the indirect resistance level of $38,000 on November 24, indicating that sentiment is positive and the bulls are continuing to apply pressure. Independent Reserve CEO Adrian Przelozny told Cointelegraph that “the next two years are going to be good” and that market activity is likely to pick up in early 2024.The main catalysts for next year are the Bitcoin halving in April and applications for Bitcoin spot exchange-traded funds, some of which have decision deadlines in January. With two major events approaching, Bitcoin is likely to find buyers on the downside.Daily cryptocurrency market performance. source: Coin360Analysts expect…
In recent years presentationTether (USDT) and sister company Bitfinex declared their decision to withdraw their opposition to a New York Freedom of Information Act (FOIL) request filed by a group of journalists, including Bloomberg Businessweek’s Zeke Faux. that much FOIL request It involves Tether and Bitfinex agreeing to pay an $18.5 million fine with the New York Attorney General (NYAG) to resolve a two-year lawsuit over alleged commingling of $850 million in customer and company funds. the company behind largest stablecoin Based on trading volume, Tether said it has demonstrated its commitment to transparency through past actions, including withdrawing its…
Binance Labs and BNB Chain Launch New Founder-Focused Track to Incubate 100 Early-Stage Projects – Chainwire housenewsroomBinance Labs and BNB Chain Launch New Founder-Focused Track to Incubate 100 Early-Stage Projects We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of specific services explicitly requested by the subscriber or user, or for the sole purpose of transmitting communications over electronic communications networks. Technical storage or…