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Coinbase Challenges CFTC Proposal on Prediction Markets

August 9, 2024

Coinbase has voiced strong opposition to a recent proposal by the US Commodities Futures Trading Commission (CFTC), which could have significant implications for prediction market platforms like Polymarket. In an …

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Bitcoin Surpasses $62,000 Amid Increased ETF Inflows and Eased Recession Fears

August 9, 2024

Bitcoin Surges Past $62,000 on the Back of Heavy ETF Inflows Led by BlackRockThe price of Bitcoin has made a notable resurgence, surpassing the $62,000 mark as of August 8, …

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Bitcoin, Ethereum, and Solana Surge as Traders Navigate Choppy Market

August 8, 2024

The cryptocurrency market has seen a significant uptick with positive moves in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) despite a previously turbulent week. Brighter economic numbers from the U.S. …

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Franklin Templeton’s Blockchain Fund Expands to Ethereum Layer-2 Arbitrum

August 8, 2024

Franklin Templeton has announced the launch of its blockchain-based money-market fund on Ethereum Layer-2 Arbitrum, capitalizing on the growing interest in tokenized funds. The $420 million OnChain U.S. Government Money …

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Toncoin Surges 10% Following Binance Listing Despite Market Concerns

August 8, 2024

Binance, the leading crypto exchange by trading volume, has announced the listing of Toncoin (TON) as of August 8th. This listing will introduce several new spot trading pairs for Toncoin, …

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BlackRock's Bitcoin ETF Leads Market Inflows Amidst Volatility

August 8, 2024

Overview of Bitcoin ETF InflowsInvestors in BlackRock's Bitcoin ETF showcased resilience amidst a week of market volatility, driving inflows of $52.5 million into the ETF. This substantial inflow marked a …

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Brazilian SEC Approves Solana-Based ETF

August 8, 2024

The Brazilian Securities and Exchange Commission (CVM) has given the green light to a Solana-based exchange-traded fund (ETF), marking a significant milestone for cryptocurrency investment in the country. The approval …

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FTX and Alameda Slapped with $12.7 Billion CFTC Settlement, Banned from Crypto Trading

August 8, 2024

US District Judge Peter Castel has approved a $12.7 billion settlement in a case involving the US Commodity Futures Trading Commission (CFTC), the bankrupt FTX exchange, and its affiliate, Alameda …

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IMF Acknowledges Progress in El Salvador's Bitcoin Strategy

August 7, 2024

The International Monetary Fund (IMF) has recognized notable progress in El Salvador’s adoption and implementation of Bitcoin as legal tender. While the IMF previously raised concerns about the potential risks …

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Ripple Settles with SEC: $125 Million Fine and XRP Surge

August 7, 2024

The long-standing lawsuit between Ripple and the US Securities and Exchange Commission (SEC) has finally reached a conclusion. The court has levied a $125 million fine on Ripple, putting an …

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