Grayscale wins court battle against SEC; Bitcoin jumps 6% within first hour after ruling
Grayscale wins court battle against SEC; Bitcoin jumps 6% within first hour after rulingThe case has been central to the debate surrounding Bitcoin spot ETFs, which several institutional players have applied for this year.
Happy Tuesday!The global crypto market cap is $1.11 trillion, with a 24-hour volume of $49.83 billion. The price of Bitcoin is $27,914.70, and BTC market dominance is 49.1%. The price of Ethereum is $1,736.11, and ETH market dominance is 18.9%. The best-performing sector is Cannabis, which gained 54%. The Crypto Fear & Greed Index is currently Extreme Fear (39). Top News
Grayscale wins court battle against SEC; Bitcoin jumps 6% within first hour after rulingThe case has been central to the debate surrounding Bitcoin spot ETFs, which several institutional players have applied for this year. Robinhood holds over $3B in Bitcoin, ranks alongside Binance and Bitfinex’s biggest walletsAccording to recent investigative reports, Robinhood owns the third-largest BTC wallet — holding about $3 billion of BTC — a fraction of the $11.5 billion of crypto that it safeguards for its users. Mastercard Multi-Token Network moving at ‘amazing pace’ as Polytrade tests RWA token integration – reportMastercard's novel blockchain scheme sparks optimism as Polytrade showcases invoice financing possibilities. Latest Insights
More NewsDigital Currency Group to pay $1.4B as agreement made with Genesis for up to 90% of fundsGenesis bankruptcy reorganization plan agrees to $1.4B DCG finance for creditor recovery. Republican lawmakers object to Fed’s proposed crypto, stablecoin rulesRep. Patrick McHenry and others warn that the Fed's new written-permission requirement may force banks out of participating in the development of the digital asset ecosystem altogether. Breaking traditions: Why gold prices defy 10-year Treasury yield movementsThe historical divergence between gold and 10-year Treasury yields challenges market norms. SEC Commissioners Peirce, Uyeda push back against SEC’s NFT enforcement actionThe two commissioners issued a public statement raising concerns about the SEC's handling of its first NFT case. OpenAI debuts ChatGPT Enterprise with high-speed GPT-4 access, used by 80% of Fortune 500 companiesUnlocking productivity with ChatGPT Enterprise's unlimited GPT-4 access and bolstered security.
|
Older messages
Stablecoin settlements were on par with payments giant Visa during 2022
Monday, August 28, 2023
Stablecoins settled more than $11 trillion in value during 2022, rivaling payments giant Visa's $11.6 trillion settled.
The case for raising the Fed’s inflation target to 3%
Sunday, August 27, 2023
CryptoSlate's latest market report dives deep into the topic of inflation to present an argument for why the Fed should increase its inflation target.
U.S. government hits Bankman-Fried and attorneys with 4 million pages of discovery documents
Saturday, August 26, 2023
The former FTX CEO's lawyers argue that the government is overwhelming their client without allowing him the ability to adequately prepare his case.
Bitcoin’s most active supply hits 8-year low
Friday, August 25, 2023
Bitcoin's supply dynamics are helpful when analyzing the market, as they provide a window into the trading behavior of its vast user base.
What is a top-heavy market, and are we in one?
Thursday, August 24, 2023
Bitcoin price is still vulnerable under the weight of the growing supply held at an unrealized loss.
You Might Also Like
What is DeFAI? The AI-enabled DeFi narrative looking to take 2025 by storm
Wednesday, January 15, 2025
AI-driven DeFi projects aim to simplify finance with real-time insights, trading, and personalized strategies, but face hurdles in transparency and security. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈Solana’s daily DEX trading volume beat Ethereum’s by 84%; Sony launched its L2 blockchain, …
Wednesday, January 15, 2025
Solana's daily DEX trading volume beat Ethereum's by 84%. Sony launched its L2 blockchain, Soneium. Compound integrated Ethena's stablecoin and Mantle's liquid staking token. ͏ ͏ ͏ ͏ ͏
OKX Founder's Full Speech: "Always Hold Bitcoin"
Wednesday, January 15, 2025
January 14, 2025, OKX CEO Star delivered a speech via video link. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
JPMorgan believes Solana, XRP ETPs could attract $15 billion in net inflows
Tuesday, January 14, 2025
Both assets register $2.5 billion in assets under management currently, with a little over $500 million in inflows registered last year. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Coin Metrics’ 2025 Crypto Outlook
Tuesday, January 14, 2025
Key Trends & Outlooks Shaping Digital Assets in the Year Ahead ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Bitcoin’s sharp rise and fall starts week with $418 million in liquidations
Monday, January 13, 2025
Crypto positions unwind with $245M in longs liquidated across major exchanges. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
₿ US-based entities hold 65% more BTC reserves than non-US entities; Crypto.com launched stocks and ETFs trading i…
Monday, January 13, 2025
US-based entities hold 65% more BTC than non-US entities; Crypto.com launched stocks and ETFs trading in the US; South Korea is reportedly planning to gradually allow institutional crypto trading ͏ ͏ ͏
Crypto Crash Imminent As US DOJ Sells Over 69K BTC
Monday, January 13, 2025
Monday Jan 13, 2025 Sign Up Your Weekly Update On All Things Crypto TL;DR Crypto Crash Imminent As US DOJ Sells Over 69K BTC Senator Lummis To Head New Crypto Subcommittee Dogecoin Fails To Break
2024 Cex Annual Report: Binance's lead narrowed, while Bybit spot and Bitget contracts grew significantly
Monday, January 13, 2025
In December, major exchanges recorded a 14% increase in spot trading volume, with Bitget leading at 102% growth, and a 6% rise in derivatives trading volume, where Gate saw the largest increase at 111%