On Tuesday, the federal appeals court ruled that the Securities and Exchange Commission (SEC) must reevaluate the application of Grayscale Investments, a crypto asset manager, to launch the first bitcoin exchange-traded fund (ETF). This ruling marks a setback for SEC Chair Gary Gensler’s attempts to regulate the burgeoning crypto sector.
Bitcoin Cash, the junior of the powerhouse Bitcoin, is currently experiencing a bullish trend. Today, its price has surged by 30%, reaching an all-time high for this year at $298. This significant increase in price can be continued with the constant upward movement of Bitcoin Cash in recent weeks, with
The cryptocurrency market has seen substantial fluctuations in an intriguing turn of events. Significantly, Bitcoin (BTC) has exhibited a modest gain of 1.90%, valued at $30,714.56. Furthermore, its market cap, a whopping $596,283,024,337, reflects Bitcoin’s undying reign in the crypto world. Moreover, trading volumes have touched $16,224,582,599, further solidifying its
The current Bitcoin ETFs season succeeds in powering the bulls in the crypto market. After a long period of distress, Bitcoin (BTC) climbs up to attain its one-year high at $31K. Aiding BTC, forked cryptocurrencies march in as the top gainers with surprising price rallies. Remarkably, Bitcoin Cash (BCH) surged
Finally, the sun’s shining all bright and with rainbows upon the much-darkened crypto market. The cryptocurrency market witnessed a standard surge with the boom of the whole market finally after a long time. Finally, the much-awaited time in means of a prominent period is here it seems. Amidst the rise
BNB Chain has recently announced a major update to its stablecoin infrastructure. The initiative introduces gasless stablecoin payments, aimed at enhancing transaction efficiency on the network. This move is set to improve the overall user experience by reducing transaction costs across the network. The initiative aims to simplify stablecoin transfers,
The UK High Court has officially classified Tether (USDT) as a form of property under English law. This ruling, delivered on September 12, 2024, is the first of its kind in the UK to follow a full trial. The case involved a fraud victim who sought to recover stolen USDT
Staking in cryptocurrency lately has been something in high demand among those investors who are willing to generate some passive income by locking up their digital assets for the benefit of blockchain networks. The thing is, though, in a sea of staking services, picking the one that suits your needs
FLock and io.net have collaborated to develop the first Proof of AI (PoAI) consensus mechanism in the world, which validates the integrity of nodes functioning inside a decentralized compute network. Through the completion of compute-intensive AI training tasks, decentralized physical infrastructure networks (DePINs) may use PoAI to verify the integrity of DePIN nodes. PoAI
Staking cryptocurrencies are a powerful way to get rewards while holding on to your digital assets. But flexibility in plans related to staking is paramount in the process of maximizing earnings and managing risks associated with such investments. This article now puts into perspective the five best platforms to earn
