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Bitget's Hong Kong Operation BitgetX to Cease, Shuns VATP License Application
November 13, 2023
Bitget, a leading crypto exchange, has decided to close operations of its Hong Kong division, BitgetX. The unit has voluntarily chosen not to apply for the Virtual Asset Trading Platform …
Read moreGrayscale Bitcoin Trust Discount Lessens Amid Rising ETF Optimism
November 13, 2023
The Grayscale Bitcoin Trust (GBTC) discount has reached its lowest level since July 2021. This is largely attributed to the growing optimism in the potential approval of a spot Bitcoin …
Read moreBithumb Plans 2025 IPO Amid Changes in Leadership
November 13, 2023
Leading South Korean cryptocurrency exchange Bithumb has unveiled plans for a 2025 Initial Public Offering (IPO) on the Korean Securities Dealers Automated Quotations (KOSDAQ) as a part of their strategic …
Read moreLearn Concept: Establishing Secure Cryptocurrency Exchanges
November 13, 2023
Building a secure and reliable cryptocurrency exchange is a critical concept in the world of crypto trading. A recent incidence of creating a 'Backpack Exchange' by former FTX executives in …
Read moreFormer FTX Executives Build New Cryptocurrency Exchange in Dubai
November 12, 2023
Former FTX executives, following the company's collapse, have come together to establish a new cryptocurrency exchange in Dubai, dubbed the 'Backpack Exchange.' The venture is led by ex-FTX lawyer Can …
Read moreLearn Concept: Understanding Future Impact of Bitcoin ETFs
November 12, 2023
Bitcoin exchange-traded funds (ETFs) are anticipated to have a significant impact on the crypto market. With the potential approval of a Bitcoin spot ETF, crypto asset investment in 2023 has …
Read moreBlackRock Challenges SEC's Differential Treatment of Crypto ETFs
November 11, 2023
Investment management firm BlackRock has argued that the U.S. Securities and Exchange Commission (SEC) has no valid reason to treat spot-crypto and crypto-futures exchange-traded fund applications differently. BlackRock's plan for …
Read moreBitcoin Demand Could Skyrocket 10x in a Year, Predicts Michael Saylor
November 11, 2023
According to Michael Saylor, MicroStrategy co-founder and established Bitcoin advocate, demand for Bitcoin could grow tenfold within the span of 12 months. Saylor expressed these views during a discussion at …
Read moreDiminishing Chances for Ripple's $770M Disgorgement in SEC Legal Case
November 11, 2023
An engaging and unpredictable legal saga unfolds as Ripple locks horns with the U.S. Securities and Exchange Commission (SEC). In recent developments, attorney John Deaton, representing XRP holders, asserts that …
Read moreCrypto Investment Hits $1B in 2023, Fueled by Bitcoin ETF Anticipation
November 11, 2023
Crypto asset investment in 2023 has crossed the $1 billion mark, driven mainly by the potential approval of a Bitcoin spot exchange-traded fund (ETF). Over the course of the year, …
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