
April 29th, 2025
Justin Sun has transferred nearly $30 million worth of ETH tokens to Huobi, sparking rumors of a large upcoming sale.
The United States SEC has argued that almost all crypto assets are unregistered securities but experts see it differently for Bitcoin and Ethereum.
In a motion filed on June 21, Binance.US claimed the SEC has no evidence that the crypto exchange commingled users’ funds.
Valkyrie’s application for a spot Bitcoin ETF is another submission that will likely be rejected by the SEC based on its antecedents.
In addition to recruiting top-tier lawyers to bolster its defense, Coinbase has also filed “amicus briefs,” commonly known as friend-of-the-court briefs.
There is a renewed hope that the US Securities and Exchange Commission (SEC) may finally approve a spot Bitcoin ETF.
iShares, Bitwise, WisdomTree, and Invesco, have just submitted proposals for a Bitcoin ETF, signaling a significant advance in the crypto business.
Binance is working towards the full integration and implementation of the Bitcoin Lightning Network to ensure smooth customer experience for deposits and withdrawals.
The crypto sector also saw its largest Bitcoin short squeeze since May amid a new high spurred by traditional interest in cryptocurrencies.
Gemini highlighted their plans to diversify their customer base and reduce the dependence on the US market.
EDX Markets plans to step into the crypto space just when the regulatory developments are quite hot and the US SEC has been cracking hard on crypto firms.
Despite the large amounts being removed, data suggests that Binance remains the exchange with the largest BTC balance.
The market capitalization of the flagship cryptocurrency recently hit levels greater than that of all other cryptocurrencies combined.
SBF is expected to return for a court hearing later this year, when all the investigations will be tabled for the judge to rule on the matter.
The traditional firm could dominate the US digital asset space for a long time to come.