Grayscale’s AUM soars after court win, but it faces stiff competition in ETF markets.

The days since Grayscale’s critical court win against the SEC have seen the company face challenges and opportunities. On Aug. 29, a court ruled that the SEC must reconsider Grayscale’s application to transform its GBTC fund into a spot Bitcoin ETF, overturning the SEC’s initial denial on grounds that the decision was “arbitrary and capricious,” […] The post Grayscale’s AUM soars after court win, but it faces stiff competition in ETF markets appeared first on CryptoSlate. origin »

Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’.

Crypto exchange Gemini rejected the proposed settlement deal between bankrupt crypto platform FTX and Genesis, according to an Aug. 31 court filing. Gemini posited that the proposed settlement between the failed firms is an attempt to manipulate the voting process for the bankruptcy plan, further describing it as a “sweetheart pre-plan deal” designed to benefit […] The post Gemini rejects Genesis, FTX proposed settlement, describes it as ‘sweetheart pre-plan deal’ appeared first on CryptoSlate. origin »

Binance receives unprecedented Bitcoin transfer as ‘whales’ influence sends market plunging.

Quick Take Yesterday marked a significant movement in the Bitcoin market, recording a roughly 4% decline in value, as the price of Bitcoin plunged below the $26,000 mark. This move was coupled with the largest influx of Bitcoin to exchanges witnessed in 2023, with the majority of these inflows accredited to prominent holders, commonly referred […] The post Binance receives unprecedented Bitcoin transfer as ‘whales’ influence sends market plunging appeared first on CryptoSlate. origin »

Shiba Inu Devs Re-open ETH Bridge to Shibarium Chain, while Bitcoin Spark ICO skyrockets.

In recent developments, the Shiba Inu devs are re-opening the Ethereum bridge to the Shibarium chain after the launch hiccups led to a surge in transactions surpassing operational limits. Simultaneously, the ongoing Initial Coin Offering (ICO) of Bitcoin Spark (BTCS) at phase three has generated remarkable momentum, raising expectations about its potential impact on the […] The post Shiba Inu Devs Re-open ETH Bridge to Shibarium Chain, while Bitcoin Spark ICO skyrockets appeared first on CaptainAltcoin. origin »

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Chainlink Exchange Supply Plummets, Is This Bullish?.

On-chain data shows the Chainlink exchange supply has observed a plummet, something that could turn out to be bullish for the asset’s price. Chainlink Supply On Exchanges Has Registered A Drawdown Recently According to data from the on-chain analytics firm Santiment, the LINK supply on exchanges could be forming a bullish divergence right now. The […] origin »

Bitcoin, crypto prices fall as bumpy September rolls in.

Crypto prices traded lower on Friday as Bitcoin retested the $26k area. Declines across major altcoins added to the forecast of a “bumpy” ride in historically negative September. Cryptocurrencies were largely down on Friday, September 1 as major caps slid amid a surprising decline likely fueled by latest delays for spot Bitcoin ETFs. origin »

US Court Defies SEC Interpretation Of Crypto, XRP Lawyer Weighs In.

Regulators are still figuring out how to oversee crypto, but some recent judicial rulings show promise for the industry’s legal battles with the US Securities and Exchange Commission (SEC). Bill Morgan, an attorney representing Ripple in its protracted legal battle with the SEC, has been vocal about the evolving judicial stance on crypto. His recent comments underline […] origin »

Aave v3 loans surge, hit record high on Ethereum.

Stablecoins, including sDAI and GHO, propelled Aave V3's $100 million loan record. Assets staked on the protocol reduced in the last 24 hours. A whopping $100 million— that was the value oThe post Aave v3 loans surge, hit record high on Ethereum appeared first on AMBCrypto. origin »

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