
August 11th, 2025
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.
Coinbase is still enjoying a relatively healthy market sentiment as its stock price and target seem unperturbed by the SEC’s lawsuit.
Coinbase chief of legal said that the Court should grant a mandamus since the SEC’s delay is severely impacting the industry.
Earlier this year, the Seattle-based crypto exchange Bittrex announced its intent to wind down all its operations in the United States following heightened regulatory scrutiny by the SEC.