SEC acknowledges slew of crypto ETF filings as reviews, approvals accelerate
The regulator is seeking comment on filings covering crypto staking, options and altcoin ETFs, among others.
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Crypto bank Custodia sues the Fed over 19 month delay on account approval
Custodia wants to compel the Federal Reserve Board and its Kansas City branch to approve its application for a Fed master account within 30 days. 603 Total views 5 Total shares Wyoming based digital asset bank Custodia is suing the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, claiming an…
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Coinomi Wallet Addresses Vulnerability Concerns
Coinomi Wallet denied recent claims that its software sends wallet recovery seed phrases to Google’s remote spell checker servers in plain (unencrypted) text. The company refuted the claims in an official statement published on Feb. 27.In the statement, Coinomi claims that, unlike what was reported, the seed phrase transmission was encrypted via SSL (HTTPS), with…
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70% of unregulated exchange transactions are wash trading: NBER study
The researchers found that in some exchanges, the wash trading volume can go as high as 80%. 95 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTWith exchanges becoming a focus as the FTX fiasco continues, a new research paper suggested that almost three out of four transactions in…
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Bakkt Trades 71 Bitcoin Futures Contracts in First 24 Hours
Intercontinental Exchange’s (ICE) Bakkt platform has traded 71 Bitcoin (BTC) futures contracts in the first 24 hours following its launch on Sept. 22.According to ICE historical data on Bakkt’s Bitcoin/USD futures contract trading, the platform has traded 71 BTC at press time, with the last recorded trading price settling at $9,875 per Bitcoin.Bakkt Bitcoin (USD)…
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Silicon Valley and ‘smart money’ are behind this Bitcoin rally, data suggests
Bitcoin (BTC) is continuing to show strong momentum even after a major rally. Key data points show that the uptrend has likely been fueled by smart money in recent months. This means retail or mainstream investors have been largely on the sidelines as BTC price surpassed $15,000 this month.In 2017, when the price of Bitcoin…
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Crypto Markets See Mixed Signals, Bitcoin Still Above $4,000
Tuesday, Jan. 8 — crypto markets are seeing mixed signals, according to data from Coin360, after a day mostly in the green. Bitcoin (BTC) still remains above current psychological barrier of $4,000, while some of the other major cryptocurrencies see mild losses.Market visualization from Coin360Bitcoin has not dipped below the $4,000 mark for almost two…
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Gemini Appoints New Asia-Pacific MD, Sets Sights on Singapore Expansion
The Winklevoss twins’ crypto exchange continues its global expansion with the appointment of a Managing Director for the Asia-Pacific region. 1774 Total views 37 Total shares The Gemini cryptocurrency exchange is expanding further into Asia with the appointment of former Leonteq Asia CEO Jeremy Ng as Managing Director of Asia Pacific region.The move sets the…
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Black Friday Rally to $170 for Ether? — Here’s What Must Happen
Earlier this week Ethereum’s token Ether (ETH) took a serious tumble as Bitcoin (BTC) price swiftly broke down to $6,560 on Nov. 25. The price dropped through numerous supports, forming a bottom at $131.60, a point not seen since March 25. As one would expect, Bitcoin’s drop to $6,560 quickly led the crypto market to become…