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SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight

SEC in Advanced Talks with Asset Managers for Spot Bitcoin ETF: BlackRock in the Spotlight

The U.S. SEC is in advanced discussions with BlackRock on a spot Bitcoin ETF, marking a significant moment in cryptocurrency's mainstream adoption.

FTX Hack Suspect Reactivates Wallet

FTX Hack Suspect Reactivates Wallet

Blockchain analytics firm Spot On Chain reported a significant movement in a crypto wallet associated with the historic FTX hack on September 30, 2023. The wallet, labeled 0x3e957, transferred 2,500 ETH (approx. $4.2 million) amidst the anticipation surrounding the launch of Ethereum-based ETFs in the U.S. This marks the first activity in the wallet since the hack, with the wallet still holding 12,500 ETH.

Significant Unlock of Optimism's OP Tokens Imminent, Wintermute Transfers a Large Batch to Binance

Significant Unlock of Optimism's OP Tokens Imminent, Wintermute Transfers a Large Batch to Binance

According to Token Unlocks data, a significant amount of Optimism's OP tokens is scheduled for release on May 31st. A total of 386,547,056.64 OP tokens, equivalent to approximately $587 million and accounting for 9% of the total supply, are set to be unlocked.

SEC Rejects VanEck Spot Bitcoin Trust Proposal

SEC Rejects VanEck Spot Bitcoin Trust Proposal

The United States Securities and Exchange Commission has denied the proposal for a spot Bitcoin trust by investment manager VanEck. This decision follows a trend of the SEC denying every application for a spot Bitcoin trust over the last six years. Two SEC commissioners have released a statement criticizing the decision and alleging a double standard in the Commission’s approach to commodity-based exchange-traded products (ETPs).

OKX Announces Listing of Aevo for Spot Trading, Expanding Derivatives Offerings

OKX Announces Listing of Aevo for Spot Trading, Expanding Derivatives Offerings

OKX has announced the listing of Aevo (AEVO), a derivatives-focused L2 platform, for spot trading, with the trading schedule starting from March 12, 2024.

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Halts EUR Deposits for Binance Users: What You Need to Know

Paysafe Payment Solutions Limited has abruptly stopped processing EUR deposits for Binance users. The decision affects several Binance services, including spot trading and auto-invest plans. Users are advised to convert their EUR balances to USDT by October 31, 2023, or withdraw them to their bank accounts.

Spotify Says Testing New Feature to Allow Artists Promote NFTs

Spotify Says Testing New Feature to Allow Artists Promote NFTs

Music streaming platform Spotify is planning to add support for NFTs in the future.

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

Binance's Market Dominance Challenged as OKX and Upbit Gain Ground

The 2023 CEX Market Report shows Binance's dominance diminishing as OKX and Upbit gain market share. Factors like on-chain data, user growth, and social media presence contribute to the evolving CEX landscape.

Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging

Vitalik Buterin's USDC Transfer, Market Crash and USDC Depegging

Vitalik Buterin, the co-founder of Ethereum, recently executed a transaction that involved transferring 3,300 USD Coin (USDC) amidst a market downturn. This event coincided with Ethereum's price falling by more than 10%, reaching a low of $2,100, and a significant depegging of USDC by 24% against USDT.

Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application

Bitwise CIO Matt Hougan Discusses Amended Spot Bitcoin ETF Application

Matt Hougan, CIO of Bitwise, used a Twitter thread to elaborate on the firm's amended spot Bitcoin ETF application. He emphasized the need to prove that the CME bitcoin futures market is a "regulated market of significant size" for surveillance purposes and highlighted Bitwise's history of original research in their ETF filings.

Gemini Co-founder Marks Spot Bitcoin ETF Approval Struggle for A Decade

Gemini Co-founder Marks Spot Bitcoin ETF Approval Struggle for A Decade

The 10-year anniversary of the day that Cameron Winklevoss and his brother Tyler filed for the top slot in the first Bitcoin Exchange-Traded Fund (ETF) was celebrated today by the co-founder of the cryptocurrency exchange Gemini.

MoonXBT Eliminates Fees on Multiple Spot Trading Pairs

MoonXBT Eliminates Fees on Multiple Spot Trading Pairs

MoonXBT is no longer charging fees for multiple spot trading pairs to ease the burden on users during the ongoing economic crisis.

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