Ethereum ETF Approval Odds Increase as SEC Asks For New Filings
The U.S. Securities and Exchange Commission (SEC) is requiring exchanges to update their spot Ethereum exchange-traded fund (ETF) filings. According to a recent post shared by Bloomberg Intelligence ETF analyst Eric Balchunas, the SEC is asking the applicants to file new
Coinbase Taps Ex-Rep. Kendrick Meek for Advisory Council as House Gears Up for Crypto Legislation Vote
Former Congressman Kendrick Meek (D-Fla.) is hopping on board Coinbase’s global advisory council, The Hill reported on Monday. Faryar Shirzad, Coinbase’s chief policy officer, welcomed Kendrick for his experienced leadership, noting its importance in updating the system, especially with 52 million Americans
Bitcoin Hits Record Highs Against Local Currencies in Asia and South America with 7% Daily Surge
Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price. On May 21, Bitcoin reached an intraday and six-week high of $71,650, marking a gain of over
FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report
Martin Gruenberg, the chairman of the United States Federal Deposit Insurance Corporation (FDIC), to step down from his position following an investigation that exposed a toxic workplace culture at the bank regulator. Gruenberg, who has been leading the FDIC since August
FDIC Chairman Martin Gruenberg Steps Down Following Toxic Workplace Culture Report
Martin Gruenberg, the chairman of the United States Federal Deposit Insurance Corporation (FDIC), to step down from his position following an investigation that exposed a toxic workplace culture at the bank regulator. Gruenberg, who has been leading the FDIC since August
Brazil Central Bank Crafting Crypto Regulation Plan, Expected by Year’s End
Brazil’s central bank unveiled a multi-phase plan to regulate crypto and virtual asset service providers on Monday. It aims to finalize the regulatory proposals by the end of this year. These regulations will establish rules that verify and enforce greater transparency
Top Crypto Gainers Today on DEXScreener – WIFMAGA, MEGA, APE
As crypto markets lurched higher on Monday on optimism that Ethereum ETFs might soon get approval, renewed risk appetite saw traders hunting for top crypto gainers today flock to the on-chain markets. Ether (ETH) surged a stunning 19% on Monday and
Russian Crypto Mining Sector Could Grow ‘by 20-40%’ in 2024 – Report
The Russian crypto mining industry could grow “by between 20% and 40%” in 2024, a new report has claimed. Per the media outlet Overclockers, the claims came from industry insiders in a report from BitRiver. The latter is Russia’s biggest crypto mining
Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report
South Korean analysts think new challenges await the “next generation” of stablecoins, as the industry continues to develop. The use of algorithms in stablecoin development, they say, will present new “risks” for token holders. And experts are still unconvinced by their
Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally – Time to Buy?
Crypto experts are flocking to invest funds in an exciting new Solana meme coin Sealana (SEAL) as the crypto market rally accelerates on Monday in wake of rising hopes for the SEC to approve spot Ethereum ETFs this week. Ether (ETH)