Ripple CEO Slams CoinDesk Over Inaccurate Report on XRP – The Crypto Basic
Ripple CEO Brad Garlinghouse has criticized popular cryptocurrency news outlet CoinDesk for inaccurately reporting a recent court ruling regarding XRP. California District Court Judge Phyllis J. Hamilton issued Last week, a highly anticipated ruling was handed down in a securities class action lawsuit against Ripple. In his ruling, the judge dismissed all securities charges against […]
U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge – CoinDesk
In an order late Friday, Judge Amy Berman Jackson of the District of Columbia Court ruled that the SEC’s charges against Binance relating to its initial coin offering and ongoing sales of BNB, BNB Vault, staking services, failure to register, and fraud allegations can proceed. The judge granted Binance and Zhao’s motion to dismiss the […]
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations – CoinDesk
Bitcoin (Bitcoin) Ether soared more than 19%, rising to $3,700 and trading at 7.7% early Tuesday, after Bloomberg analysts raised the probability that the Spot ETH exchange-traded fund (ETF) will be approved in the US to 75%. It exceeded $1,000, the highest price since early April. Other major stocks posted relatively small gains, with XRP, […]
Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval – CoinDesk
Ethereum price has already risen slightly during US trading hours on Monday (Ethereum) The stock rose more than 10% after two Bloomberg ETF analysts significantly raised the likelihood that the U.S. Securities and Exchange Commission would approve the Spot ETH ETF. “James Seifert and I are increasing the probability of approval for the Spot Ether […]
U.S. Senate Votes to Kill SEC's Crypto Accounting Policy, Testing Biden's Veto Threat – CoinDesk
The U.S. Senate on Thursday joined the House in calling for the removal of the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, but President Joe Biden vetoed the resolution. He declared that he would exercise the right. Although the Senate voted 60-38 to overturn the policy, commonly […]
Grayscale's Bitcoin ETF Sees First Inflow After Billions Lost Since January – CoinDesk
Grayscale Bitcoin Trust (GBTC), the largest Bitcoin ETF by assets, saw net inflows of new capital from investors. According to Farside Investorsthe first daily increase since the product was introduced in January. The Far Side reported a net addition of $63 million on Friday. Tally. Grayscale products have traditionally been the leading investment vehicle for […]
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut – CoinDesk
The virtual currency market as a whole has fallen, and so has Bitcoin. (Bitcoin) Hong Kong’s soon-to-be-launched crypto spot exchange-traded fund (ETF) has failed to generate excitement among investors, hovering around $63,000. BTC fell during the day from $64,000 at the weekend and briefly fell to $61,800, but recovered to nearly $63,000 by mid-afternoon US […]
Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report – CoinDesk
Bitcoin (Bitcoin) The cryptocurrency tumbled after new data showed higher inflation and slower growth in the United States in the first quarter, briefly falling below $63,000 on Thursday. The U.S. government’s first-quarter GDP report showed growth of just 1.6%, well below the 2.5% expected by analysts and below the 3.4% expected in the fourth quarter […]
Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens – CoinDesk
Even though this is the most anticipated Bitcoin halving ever (at least according to Google’s search history), the announcement of high-profile Bitcoin builder Casey Rodamor’s latest work, “Rune,” has attracted attention even among developers who have long disdained blockchain. Digital tokens that can be minted on the platform. Rodamor is known for the release of […]
Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving – CoinDesk
Bitcoin (Bitcoin) The stock price has stabilized around $63,700 due to the cryptocurrency’s fourth halving, which will change the economics of the miners that support the Bitcoin ecosystem. BTC recently barely rose from its level just before the 840,000th Bitcoin block was mined as of the start of Saturday UTC time. Bitcoin fell to $59,685 […]