Coinbase confronted the SEC in a federal appeals court, urging for new cryptocurrency regulations. The exchange argues current rules are unworkable for the crypto sector, while the SEC maintains existing frameworks are sufficient.
XRP has seen a dramatic 115% increase in trading volume, dominating South Korean cryptocurrency markets and outpacing even Bitcoin and Ethereum in popularity on major exchanges.
The SEC has approved multiple Ethereum spot ETFs, allowing traditional market investors to gain exposure to the world’s second-largest cryptocurrency, marking a significant milestone in the crypto investment landscape.
Bitcoin (BTC) is trading around $63,000, showing muted anticipation for the upcoming debut of Hong Kong’s spot cryptocurrency exchange-traded funds (ETFs). Despite the lack of excitement, an executive from one of the issuers expects the first-day issuance to surpass the U.S. debut in January.
Several major cryptocurrencies, including Ethereum, Bitcoin, and Dogecoin, experienced significant price increases at the start of the week, driven by a confluence of positive catalysts. These include the potential for short squeezes, favorable technical trading patterns, and geopolitical tailwinds from leading Chinese money management firms.
HBC has become the first bank to introduce a blockchain-based tokenized real-world asset with the launch of its new Gold Token investment product, targeting retail investors in Hong Kong and responding to the Chinese regulator’s push for digital assets for public use.
A group of Republican lawmakers has formally requested the SEC Chair Gary Gensler to provide clear guidance on the regulatory stance regarding the custody of Ethereum (ETH) by Special Purpose Broker-Dealers (SPBD).
Bitcoin (BTC) has achieved a remarkable milestone by surpassing the market capitalization of silver, following its recent surge to a new all-time high (ATH) above $72,000. This feat highlights Bitcoin’s growing dominance and solidifies its position among the world’s most valuable assets.
BlackRock’s Bitcoin exchange-traded fund (ETF), IBIT, has reached a significant milestone by amassing over $1 billion in assets under management. This achievement highlights the increasing interest and adoption of digital assets within traditional investment circles.
According to Anthony Pompliano, the founder of Pomp Investments, Bitcoin (BTC) could double in price to $138,000 within the next few weeks, following a years-long bull trend and the asset’s recent break of its previous all-time high of $69,000.
