The pace of adoption of crypto exchange-traded funds in the United States has been surprising even to Grayscale. Read More at https://cointelegraph.com/news/crypto-etfs-expand-new-asset-types-indexes-grayscale-executive?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly Archives: August 2024
Coinbase finds flawed analysis in SEC's proposed exchange definition
In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again. Read More at https://cointelegraph.com/news/coinbase-sec-crypto-exchange-proposal-challenge?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA
The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term. Read More at https://cointelegraph.com/news/price-analysis-8-12-spx-dxy-btc-eth-bnb-sol-xrp-doge-ton-ada?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hamster Kombat turns down venture capital offers
Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development. Read More at https://cointelegraph.com/news/hamster-kombat-turns-down-venture-capital-offers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up
The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth. Read More at https://cointelegraph.com/news/bitdeer-clocks-50-gross-profit-jump-bitcoin-mining-ramp-up?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DEF buys patent to stop lawsuits against MakerDAO and Compound
The patent for “oracle-like” data storage contained technology that was already in existence, DEF said. Read More at https://cointelegraph.com/news/def-ends-dao-lawsuits-makerdao-compund-patent-acquisition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Judge finds Ripple Labs liable for $125M penalty in SEC case: Law Decoded
Ripple faces a $125 million civil penalty after a federal judge rules in favor of the SEC, rejecting the agency’s $2 billion claim. Read More at https://cointelegraph.com/news/ripple-labs-liable-125m-sec-penalty-law-decoded?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Super PAC focuses on unseating Sen. Warren, spends $850K on John Deaton
The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate. Read More at https://cointelegraph.com/news/crypto-super-pac-unseat-elizabeth-warren-support-john-deaton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Possible Bitcoin price drop to $52K rises as BTC derivatives data shows traders losing hope
Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC’s price weakness is set to intensify. Read More at https://cointelegraph.com/news/bitcoin-price-drop-to-52k-rises-as-btc-derivatives-data-shows-traders-losing-hope?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC charges Novatech, company founders, promoters with fraud
Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets. Read More at https://cointelegraph.com/news/sec-charges-novatech-founders-promoters-fraud?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound