Grayscale withdraws its Ethereum Futures ETF application
The withdrawal comes a little over two weeks before the United States securities regulator will be forced to make a decision on at least one spot Ether ETF application.
Related Posts
Bitcoin bounces at $41K as optimism increases over stocks correlation
A quiet day for crypto markets combines with hopes that a macro uptick will lift Bitcoin and Ether higher in the coming days. 783 Total views 21 Total shares Bitcoin (BTC) rebounded strongly from $41,000 during Jan. 20 as bears hoping for a step into lower territory stayed disappointed.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData…
AI systems used in deadly military operations in Israel: Report
The IDF has reportedly extensively deployed AI to establish itself as a global leader in autonomous weaponry. 440 Total views 21 Total shares The Israel Defense Forces (IDF) are reportedly utilizing artificial intelligence (AI) to choose targets for air strikes and manage logistics.According to a Bloomberg report, officials in the Israeli military confirmed its use…
Bitcoin Insurance Funds Take a Beating as Markets Rout
Amid global market mayhem, several major Bitcoin (BTC) and crypto insurance funds are showing signs of severe strain. As of March 13, Bitcoin derivatives exchange Deribit recorded a shocking slide in the balance of its Bitcoin insurance fund, down from 391 BTC to 183 BTC (-53%) within a span of three days.Deribit Bitcoin insurance fund balance.…
Texas to probe FTX endorsements by Tom Brady, Stephen Curry and other celebs
The Texas State Securities Board is scrutinizing payments received by celebrities to endorse FTX US, as part of a wider probe into FTX's collapse. 860 Total views 6 Total shares NFL quarterback Tom Brady and NBA point guard Stephen Curry are reportedly among the celebrities facing a probe from the Texas financial regulator over their…
Coinbase Issues Statement Clarifying It Doesn’t Engage in Proprietary Trading
Major U.S. crypto wallet provider and exchange service Coinbase has refuted “inaccurate” media reports that the platform engages in proprietary trading, in an official statement published Thursday, September 20.According to Coinbase, media coverage has “inaccurately characterized” the results of the New York Virtual Markets Integrity Report, to which Coinbase had voluntarily contributed information about its…
Wrapped Bitcoin supply drops to negative after 11,500 wBTC burn linked to Celsius
Wrapped Bitcoin garnered DeFi traders' support in the 2021-22 bull season, but the demand started to fade post numerous crypto contagions led to redemptions. 177 Total views 7 Total shares Own this piece of history Collect this article as an NFTThe supply of wrapped Bitcoin (wBTC) dropped to its lowest since May 2021 after the…
Polygon price jumps 60% in four days amid ‘pretty big’ MATIC accumulation
Polygon (MATIC) took a break from its prevailing bearish course, posting one of sharpest rebound in the crypto market this week.Notably, MATIC's price has risen to $0.50 this June 23, four days after hitting $0.317, its lowest level since April 2021. This amounts to roughly a 60% gain, surpassing the performances of even Bitcoin (BTC)…
Regulated Swiss Crypto Bank SEBA Expands Services to 9 New Countries
Switzerland-based cryptocurrency bank SEBA has expanded its services to nine new countries. According to Finance Magnates on Dec. 12, SEBA revealed that accounts are now fully operational for institutional clients and accredited investors in Singapore, Hong Kong, the United Kingdom, Italy, Germany, France, Austria, Portugal.As previously reported, SEBA Bank AG (formerly SEBA Crypto AG) is…