Blockchain
JPMorgan sees spot Ethereum ETFs trading before 2024 elections amid political gains
JPMorgan predicts that the newly approved spot Ethereum exchange-traded funds (ETFs) will likely begin trading before the November US presidential elections, citing crypto’s increasing
Blockchain
Ethereum HODLing milestone: over 80% unmoved for six months or more
Quick Take A recent analysis of Ethereum’s supply, visualized through the “HODL waves” chart created by Glassnode, reveals that a significant portion of Ethereum supply remains
Blockchain
Why staking was removed from Ethereum ETFs to get SEC approval
The removal of staking from Ethereum ETFs has been driven by regulatory pressures from the US Securities and Exchange Commission (SEC) Issuers amended their ETF filings to exclude staking provisions
Blockchain
Bitcoin, Ethereum ETFs stand alone as SEC unlikely to approve non-CME futures listed digital assets
Quick Take On May 23, the SEC approved the Ethereum (ETH) exchange-traded funds (ETF) In January, commercial litigator Joe Carlasare suggested that approving a spot Bitcoin ETF indicated that an ETH
Blockchain
Nigerian High Court delays Binance executive trial over health concerns
A Nigerian High Court has adjourned the money laundering trial against Binance and its executive Tigran Gambaryan to June 20 because of the executive’s health concerns, according to a May 23
Blockchain
Ethereum ETF approval fails to ignite crypto market, sparking $400 million in losses
The broader crypto market experienced significant volatility during the past day as the US Securities and Exchange Commission approved several spot-based Ethereum exchange-traded funds (ETFs)
Blockchain
BlackRock’s IBIT inches closer, trails GBTC by just 4,561 BTC
Quick Take According to Farside data, on May 23, Bitcoin (BTC) exchange-traded funds (ETFs) saw a significant accumulation of $1079 million Notably, five out of the 11 tracked ETFs experienced net
Blockchain
No vote needed for SEC approval of Ethereum ETF in positive sign for other cryptocurrencies
The SEC approved Ethereum ETFs through delegated authority, a decision that could significantly impact the crypto market Unlike the Bitcoin ETF approval in January, which required an SEC vote, this
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US court rules crypto influencer conducted unregistered offering of crypto asset securities
the US District Court for the Western District of Texas granted partial summary judgment in favor of the Securities and Exchange Commission (SEC) against crypto influencer Ian Balina The court ruled
Blockchain
Supreme Court denies Coinbase’s request to compel arbitration in Dogecoin sweepstakes dispute
The US Supreme Court denied Coinbase’s motion to compel arbitration related to its Dogecoin (DOGE) sweepstakes on May 23 The judge ruled that “a court, not an arbitrator,” must
Blockchain
Congress passes bill banning Federal Reserve from creating a CBDC
The US House of Representatives passed HR 5403, the CBDC Anti-Surveillance State Act, sponsored by Majority Whip Tom Emmer (MN-06) The legislation blocks the creation and issuance of a central bank
Blockchain
FTX examiner recommends further investigation into shortfalls, S&C’s legal representation
The court-appointed examiner, Robert J Cleary, has released a detailed report recommending additional investigations into several aspects of the collapsed FTX Group, particularly focusing on FTXUS,