The FTX wallet has shifted $6.23 million in Ether (ETH), in addition to more than $4 million in various alternative cryptocurrencies.
The SEC will have will have 45 days to review the proposed rule changes with next hearing to happen on October 17.
As per market analysts, the chances of spot Bitcoin ETF approval by the end of 2024 are almost certain.
The court said that SEC failed to provide a good reason to deny spot Bitcoin ETF while they continue to permit the futures ETFs for Bitcoin.
The SEC decision this week could be a game changer for Bitcoin investors and the broader crypto market.
SHIB price hasn’t quite reacted positively to the Shibarium launch as the memecoin continues to face the selling pressure.
MasterCard to discontinue all of its co-branded card initiatives with Binance in Argentina, Brazil, Colombia, and Bahrain, effective from September 22.
Shopify platforms will accept payments in USDC stablecoin since would be more comfortable in accepting cryptocurrencies, closely tied to the US dollar.
The report provided insights that a CBDC might lend support to financial innovation in areas like debt securities markets.
Some market analysts believe that an FTX-like situation might pan out if BNB price falls further and Binance could liquidate its Bitcoins to protect BNB.