Bitwise announces Ethereum ETF launch on Oct. 2

Bitwise Asset Management has revised its spot Bitcoin (BTC) exchange-traded fund (ETF) application and confirmed that trading for two Ether (ETH) futures ETFs will commence on Oct. 2. The firm has revealed that trading is scheduled to commence for the Bitwise Ethereum Strategy ETF and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF. Bitwise […]

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Litecoin’s price halved in less than three months. Buying the dip is risky despite a small head and shoulders pattern forming.

Litecoin’s price halved in less than three months Buying the dip is risky despite a small head and shoulders pattern forming The dollar’s rally needs to stop for coins like Litecoin to reverse fortunes The US dollar registered one of the biggest rallies ever during summer. For example, it gained against the EUR for eleven […]

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Paradigm accuses SEC of bypassing rules in Binance lawsuit

Venture capital firm Paradigm has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard rulemaking procedures in its current legal action against the cryptocurrency exchange Binance. In a statement released on Friday, Sept. 29, Paradigm stated the SEC is attempting to use the allegations in its complaint to alter the law […]

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Do Kwon dismisses Slack chat records as irrelevant evidence

Terraform Labs co-founder Do Kwon has contested the importance of Slack messages presented as evidence. These involved discussions with his co-founder Daniel Shin about manipulating transactions to attract investors. The United States Securities and Exchange Commission (SEC) included the Slack conversation between the two co-founders, dated back to September 2019, in a recent court filing. […]

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Kraken offers stock trading as exchanges adapt to changing regulations

Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere. Kraken is reportedly moving to offer securities trading in the United States and the United Kingdom to expand its reach and compete with popular apps like Robinhood, which offer both crypto and stock trading. On […]

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Crypto Lender BlockFi Says It’s Taken Major Step Toward Emerging From Bankruptcy

The beleaguered crypto lender was among a rash of digital asset companies that froze their customers’ accounts and eventually collapsed after FTX blew up last fall. The restructuring plan, which more than 90% of creditors approved, will enable BlockFi to recover the assets it lost to crypto exchange FTX and failed hedge fund Three Arrows […]

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Industry leaders and policymakers weigh in on a potential US gov’t shutdown

The United States House of Representatives has rejected a bill passed by the Senate aimed at funding the government, and Speaker Kevin McCarthy’s proposals have so far failed to gain traction with hard-right lawmakers in the House — all actions suggesting that the U.S. government is heading toward at least a partial shutdown starting on […]

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Google Cloud is now a validator on Polygon

Polygon Labs has announced that Google Cloud is now a validator on Polygon PoS network. The new validator will bring “same infrastructure” powering YouTube and Gmail. Google Cloud joins recent addition Deutsche Telekom. Polygon Labs has announced that Google Cloud is now officially a validator on the Polygon PoS network. The company revealed the development […]

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