Bitwise Bitcoin ETF to absorb $120M Osprey Bitcoin Trust
Subject to closing conditions, the agreement will see Bitwise’s Bitcoin ETF scoop up all the Bitcoin from the Osprey Bitcoin Trust.
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Hinman documents in Ripple case raise questions about SEC’s motives
The newly released Hinman documents relevant to the ongoing legal battle between Ripple and the United States Securities and Exchange Commission have shed light on internal divisions within the SEC and raised questions about its motives.The Hinman documents pertain to internal SEC communications regarding a speech delivered by former director William Hinman in 2018. During…

Shanghai Man: Bitcoin interest drops in China amid crackdown on social media and miners
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, following a tumultuous few weeks of regulation, the Bitcoin world’s focus shifted to Miami and Latin America. Searches for Bitcoin on…

Major Crypto Exchange Bitfinex to Briefly Go Offline for Upgrade Next Week
Cryptocurrency exchange Bitfinex announced that it will be offline for up to seven hours next week in a Medium post published on June 20.Per the announcement, the exchange will go offline for up to seven hours to carry out system upgrades on June 26. The post further specifies that Bitfinex’s hybrid counterpart Ethfinex will also…

UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation
The United Arab Emirates’ (UAE) Securities and Commodities Authority (SCA) has published draft regulations for crypto assets.Seeking feedback from the industryAccording to an official statement from Oct. 15, the SCA will be collecting public feedback on the draft regulations until Oct. 29 before providing the final drafted legislation regarding the industry.All parties involved in the…

New regulators are set to define Europe's crypto policies
The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union.

Coinbase stock may rally to $310 on Trump-led crypto policies
Coinbase exchange’s stock price has received an optimistic price prediction from a Bernstein analyst, citing improving crypto regulatory clarity in the world’s largest economy. Gautam Chhugani, an analyst at global asset management firm Bernstein, initiated coverage of Nasdaq-listed Coinbase (COIN) stock with an outperform rating and a price target of over $310. The analyst expects

Estonia: Amendments to Anti-Money-Laundering Regulations Will Tighten Crypto Regulation
The Estonian Ministry of Finance will shortly add amendments to a recently-passed financial bill that are meant to “tighten” crypto-related regulation, Estonian financial newspaper Äripäev reports Nov. 28.According to the article, a new version of the Anti Money Laundering (AML) and Terrorist Financing Prevention Act came into force this week in Estonia, conforming legislation to…

Bitcoin price eases downside as traders demand $24.5K support holds
While little changed, BTC price monitors hope that a "cascade" to $23,000 can be avoided. 139 Total views 1 Total shares Bitcoin (BTC) recovered some lost ground on June 16 as markets shook off mixed United States macro signals.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBlackRock Bitcoin ETF plan buoys marketsData from Cointelegraph Markets Pro…