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Signs of the next crypto bull run?

[ad_1] As 2023 drew to a close and with the start of 2024, the crypto market is once again experiencing a resurgence, one that is reminiscent of the bull run witnessed back in December 2020.  The ongoing revival has brought with it a renewed sense of optimism and potential, with investors hoping for a major…
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Could funds potentially buy up all BTC in circulation?

[ad_1] The long-awaited potential approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States could mean the market sees Bitcoin supply suddenly drop as funds snap up as much as they can, some market observers have predicted. With prominent firms like Ernst & Young expecting U.S. Securities and Exchange Commission (SEC) approval…
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Bank of Spain selects partners for CBDC testing

[ad_1] Spain’s central bank, Banco de España, has chosen its collaborators a year after publishing an open call for partners to participate in central bank digital currency (CBDC) tests. On Jan. 3, the central bank published a resolution announcing its partnership with Cecabank, Abanca, and Adhara Blockchain. The pilot of the wholesale CBDC will take…
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Cathie Wood’s ARK dumps 800K Grayscale Bitcoin Trust shares

[ad_1] ARK Invest, one of the applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, has continued to dump its holdings of Grayscale Bitcoin Trust (GBTC) stock with the sale of yet another significant batch of shares. On Dec. 18, ARK sold 809,441 GBTC from its ARK Next Generation Internet ETF…
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BlackRock, ARK revise Bitcoin ETF plans along SEC’s cash-only model

[ad_1] Major applicants for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States are amending their filings to comply with the cash redemption model demanded by securities regulators.  Investment manager BlackRock and Cathie Wood’s ARK Invest have updated their S-1 registration statements for a spot Bitcoin ETF with the U.S. Securities and Exchange…
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BTC price bounces 5% as investor says Bitcoin ETF ‘99.9% done deal’

[ad_1] Bitcoin (BTC) returned above $43,000 on Dec. 19 amid fresh news over the United States’ would-be first spot BTC exchange-traded fund (ETF). BTC/USD 1-hour chart. Source: TradingView Bitcoin ETF excitement still simmering Data from Cointelegraph Markets Pro and TradingView showed a BTC price recovery, taking the market to local highs of $43,456 after the…
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SEC delays several Ethereum ETFs, pushing final decision to May

[ad_1] The United States Securities and Exchange Commission is pushing back its decision on several Ether (ETH) exchange-traded funds (ETFs) to May 2024. In several Dec. 18 regulatory filings, the agency delayed its decision on the Hashdex Nasdaq Ethereum ETF and the Grayscale Ethereum Futures ETF. The Hashdex Ether ETF aims to hold both spot…
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US court approves settlement against Binance, firm to pay $2.7B to CFTC

[ad_1] A United States court has entered an order against crypto exchange Binance and its former CEO Changpeng “CZ” Zhao, which will see Binance pay $2.7 billion and CZ pay $150 million to the Commodities Futures and Trading Commission (CFTC). In a Dec. 18 statement, the CFTC announced that the U.S. District Court for the…
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Coinbase appeals SEC rulemaking petition denial as promised

[ad_1] Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and Exchange Commission (SEC) denied Coinbase’s petition for rulemaking on cryptocurrency on Dec. 15, the crypto exchange appealed the decision on the same day. Coinbase chief legal officer Paul Grewal promised immediate action as soon…
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UK plan on digital securities sandbox laid before Parliament

[ad_1] The United Kingdom Financial Services and Markets Act’s provisions on a digital securities sandbox are scheduled to come into force in January 2024 after being presented to Parliament. In a Dec. 18 publication, the U.K. government announced the Digital Securities Sandbox (DSS) regulations of the 2023 Financial Services and Markets Act, which were laid…
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