Grayscale legal team seeks SEC meeting over proposed Bitcoin ETF conversion
Grayscale legal team seeks SEC meeting over proposed Bitcoin ETF conversionThe company's legal team sent a letter to the regulator on Sept. 5 requesting to discuss next steps in the wake of recent court decisions.
Happy Wednesday!The global crypto market cap is $1.03 trillion, with a 24-hour volume of $22.55 billion. The price of Bitcoin is $25,547.79, and BTC market dominance is 48.2%. The price of Ethereum is $1,621.40, and ETH market dominance is 18.9%. The best-performing sector is Yield Farming, which gained 7%. The Crypto Fear & Greed Index is currently Fear (42). Top News
Grayscale legal team seeks SEC meeting over proposed Bitcoin ETF conversionThe company's legal team sent a letter to the regulator on Sept. 5 requesting to discuss next steps in the wake of recent court decisions. MetaMask rolls out ‘Sell’ feature, allowing users to cash out crypto to fiat in-appThe feature is part of Metamask Portfolio and provides a crypto-to-fiat off-ramp via PayPal or bank transfer. Coinbase launches institutional lending serviceThe company confirmed the news after an SEC filing revealed new details. Latest Insights
More NewsMarathon Digital Bitcoin mining production down 9% in August; CEO cites Texas heatwaves as contributing factorIntense Texas summers have become a recurring annual strain on global Bitcoin markets. Genesis Global Trading ends U.S. over-the-counter trading ‘voluntarily and for business reasons’The company first made the announcement by email to U.S. clients and confirmed the news in a statement seen by CryptoSlate. SBF lawyers continue to argue jail conditions ‘not workable’ hindering court preparationFTX founder struggles with trial preparation amid U.S. detention conditions Nostr domain on sale for $5 million, may host Lightning wallet services if unsoldBen Arc pledged to give 10% of the proceeds to the other cofounder of Nostr. Coinbase-backed Base restores block production after more than 40 minutes outageBase has surged into the top 10 rankings on DeFiLlama's Total Value Locked (TVL) charts.
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Tether now a top global buyer of US Treasury bills amid market turmoil
Tuesday, September 5, 2023
Stablecoin giant Tether emerges as top global US Treasury buyer amid market volatility
JP Morgan believes SEC will be forced to approve Bitcoin ETFs after losing case against Grayscale
Monday, September 4, 2023
JP Morgan analysts predict the SEC will approve spot Bitcoin exchange-traded funds after losing its court case against Grayscale.
Bitcoin futures show renewed confidence amidst price surge
Sunday, September 3, 2023
Rise in estimated leverage ratio signals risk appetite resurgence in Bitcoin market.
Ex-SEC chair Jay Clayton says approval for a spot Bitcoin ETF is ‘inevitable’
Saturday, September 2, 2023
Clayton is nevertheless unsurprised by the delay in the SEC's decisions.
SEC delays decision on seven spot Bitcoin ETFs, including Blackrock’s
Friday, September 1, 2023
The regulator will not reach a decision on various proposed rule changes until October.
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