Grayscale CEO Michael Sonnenshein on Wednesday said they were “deeply disappointed” and “vehemently disagree” with the SEC’s decision to deny their application. 1509 Total views 24 Total shares Grayscale Investments has launched a legal challenge against the Securities and Exchange Commission (SEC) after being denied its application to convert its Grayscale Bitcoin Trust (GBTC) into […]
“We are putting an end to the wild west of unregulated crypto, closing major loopholes in the European anti-money laundering rules,” said European Parliament member Ernest Urtasun. 1392 Total views 39 Total shares The European Council has reached an agreement to form an anti-money laundering body that will have the authority to supervise certain crypto […]
MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai (DAI) stablecoins into a combination of United States treasuries and bonds. Following a straw poll in a governance Signal Request, the decentralized autonomous organization (DAO) members now must decide whether the […]
The billionaire investor said a bigger focus on applications and utility outside of finance would bring more back to the crypto space and possibly reverse the declining market. 5782 Total views 83 Total shares Mark Cuban, the billionaire entrepreneur known for his role as one of the main investors on the reality television show Shark […]
Despite his initial losses in trading, JC Enriquez still strongly believes that crypto will bring him more profit in the years to come. 1560 Total views 32 Total shares From the highs of feeling like a total genius to the lows of downward price movements, crypto investing has taken Dubai-based trader JC Enriquez on a […]
No let-up in risk assets means Bitcoin faces more selling pressure, but hope remains that a key moving average could soon see a challenge. 2241 Total views 12 Total shares Bitcoin (BTC) returned under $20,000 on June 29 as analysts stayed hopeful of a trip higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Traders looks […]
Despite a significant fine from Iowa’s regulator just two weeks earlier, BlockFi has scored itself a license in the state. Source: Cointelegraph
“Litigation and enforcement activity is likely to accelerate in the current regulatory climate, perhaps in unpredictable ways,” says lawyers from Choate Hall & Stewart LLP. 1101 Total views 4 Total shares Regulatory uncertainty surrounding crypto has created a “fertile environment” for crypto-related litigation and enforcement to grow, according to lawyers from Choate Hall & Stewart […]
Marathon’s CEO Fred Thiel said that it will take time to get the facility back to full strength, but that the company could decide to speed up its move out of H… Source: Cointelegraph
The alternative investment group is banking on the “CeDeFi exchange” to shape the “future of finance” with a commitment that will bolster Unizen’s ecosystem. 2409 Total views 47 Total shares Cryptocurrency exchange Unizen has scored a $200 million investment from private equity group Global Emerging Markets (GEM), which it will use to expand its business […]