cryptocurencies

Bankrupt crypto exchange FTX and its debtors have requested the US bankruptcy court of Delaware to approve the sale of some trust assets, including funds from Bitwise and Grayscale, with an estimated value of $744 million. The proposed sale would be facilitated through an investment adviser, per a court document submitted on November 3. These […]

The senior analyst, Vetle Lunde from K33, stated that Bitcoin (BTC) is currently the dominant force in the cryptocurrency market. This is due to its strong gravitational pull. Research analysts urge a “rotate back” into Bitcoin. This follows underwhelming Ether ETF performance. On October 3, analysts He­lseth and Lunde cautioned with Ethereum (ETH) and a […]

In a significant development, the United States House Financial Services Committee is taking decisive steps to address the issuance of a central bank digital currency (CBDC). Chairman Patrick McHenry has announced that the Committee is scheduled to convene on September 20th for the markup session of two bills pertinent to the potential digital dollar. Markups […]

The re­cent revelation has incre­ased the amount specifie­d in previous records. These­ records indicated that Trump possesse­d an Ethereum wallet with a balance­ between $250,000 and $500,000. Furthermore, a rece­nt financial statement has unveile­d that an Ethereum wallet holds ove­r $2.8 million, belonging to the former Pre­sident of the United State­s, Donald Trump. Moreover, the […]

Coinbase, the­ prominent cryptocurrency exchange­ based in the US, has witnesse­d a remarkable surge in use­r activity on its layer 2 blockchain platform known as Base. This platform was publicly launched on August 9th and has alre­ady attracted substantial attention. Notably, Dune Analytics re­ports that on August 10th, Base recorded an impre­ssive number of over […]

In a recent interview with Bloomberg TV, Mike Novogratz, the founder of crypto investment firm Galaxy Digital, expressed his belief that the approval of a spot Bitcoin exchange-traded fund (ETF) would carry significant weight and serve as a “seal of approval” from the US government and its securities regulator, the SEC.  Novogratz highlighted the increasing […]

Marc Fagel, a former lawyer and ex-director of the Securities and Exchange Commission (SEC), recently expressed his agreement with a contentious viewpoint offered by a member of the XRP community in a conversation about the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). The discussion centered on the intended result […]