Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching
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Survey of financial advisers and Grayscale comments suggest strong support for spot crypto ETF
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq's Jake Rapaport. 414 Total views 7 Total shares While the United States Securities and Exchange Commission (SEC) has yet to approve a spot Bitcoin exchange-traded fund, a recent Nasdaq survey suggested that…
SEC opposes Richard Heart’s bid to dismiss $1B securities lawsuit
The SEC hit back at Richard Heart’s bid to dismiss its lawsuit, claiming it has sway over him as his alleged illicit securities sales targeted the US.
Confident in the Future: EOS Developers Attempt 10% Buyback Ahead of Major Announcement
Earlier this week, it was revealed that EOS developer Block.one is attempting a 10% buyback of its stock, reportedly the second one in less than a year.It seems that some of the company’s investors are up for a big payday: The earliest backers could expect a hefty 6,567% return on their initial investments, while Michael…
Price analysis 12/27: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, LINK, TON
Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Coinbase to acquire skew crypto data analytics platform
Some of skew's institutional clients include One River Asset Management and Susquehanna International Group. 900 Total views 12 Total shares United States’ cryptocurrency giant Coinbase has acquired institutional-grade blockchain data analytics platform skew.Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed…
Loan refinancer and BitLicensee SoFi is clear to launch a national bank in the US
The new bank will be subject to heightened scrutiny from the OCC for at least three years. 1380 Total views 21 Total shares In an announcement on Wednesday, the Office of the Comptroller of the Currency (OCC) granted SoFi a conditional license to operate as a national bank in the United States.The OCC is the…
Law Decoded: Of AML and appointees, Nov. 6–13
Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.Editor's noteIn the United States, as President Donald Trump stonewalls any efforts at transitioning to a new administration, all eyes are on Joe Biden’s potential team and any hints as to candidates for major appointed positions. Further complicating…
Telegram to Award Devs $400K in TON Blockchain Smart Contracts Contest
Global messaging app Telegram announced a coding competition for building smart contracts for the Telegram Open Network (TON) Blockchain.5 types of smart contractsThe contest includes three parts with a prize fund for all included tasks ranging from $200,000 to $400,000, according to an announcement posted on the Telegram Contests channel on Sept. 24. The contest…