Grayscale stated that approving all Bitcoin ETF applications at once would be fair and orderly and won’t give one applicant the advantage over other.
Fundstrat believes that he Bitcoin ETFs market could possibly outgrow the precious metals ETF market and the Bitcoin ETF category could alone reach a value of $300 billion.
The bill would establish clear rules for crypto firms to register with the U.S. Securities and Exchange Commission (SEC) as well as the Commodity Futures Trading Commission.
BofA said that the Ripple-SEC court ruling doesn’t bring enough clarity over the regulatory situation and demands for a comprehensive regulatory framework.
Worldcoin’s native token WLD shot up by 100% in just two hours of launch on top crypto exchanges.
The lawsuit claims that SBF and his allies siphoned off funds from sister brand Alameda Research for their personal gains, and not benefiting FTX.
Kuwaits top regulator CMA said that it would also ban local regulators from issuing license to any virtual assets service providers (VASPs) in the country.
Robert F. Kennedy Jr said that backing USD and other debt obligations with hard assets like Bitcoin will bring strength back to the Dollar.
The US SEC said that they are still assessing the court’s order, and it remains a contentious issues going ahead.
Ripple said that it plans to soon start conversations with American banks about using its On-Demand Liquidity (ODL) product that uses XRP for settlements.