Bitcoin traders wipe Grayscale gains after SEC delays spot ETF decisions

In less than a day, Bitcoin (BTC) has shed nearly all the gains it made from Grayscale Investment’s court victory against the United States Securities regulator. On Aug. 29 Bitcoin popped to... Read more »

Grayscale’s AUM soars after court win, but it faces stiff competition in ETF markets

The days since Grayscale’s critical court win against the SEC have seen the company face challenges and opportunities. On Aug. 29, a court ruled that the SEC must reconsider Grayscale’s application to... Read more »

CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?

The Chicago Mercantile Exchange (CME) introduced its Bitcoin futures contract in December 2017. This was around the same time that Bitcoin (BTC) had reached an all-time high of $19,800, but by late 2018,... Read more »

Bitcoin futures show renewed confidence amidst price surge

Earlier this week, Bitcoin broke above the $27,000 barrier on the news about Grayscale’s court victory against the SEC. The decision marks a pivotal win for Grayscale and carries profound ramifications for... Read more »

Arkham IDs Robinhood as 5th-largest ETH holder

Crypto analytics platform Arkham Intelligence has revealed financial services company and crypto trading platform Robinhood as a leading holder of Ether (ETH) and the owner of the fifth-largest ETH wallet, which contains... Read more »

Kinetix eyes GMX’s path, aims to revolutionize Kava Chain with perpetual swaps

GMX launched in early September 2021 as a decentralized perpetual exchange offering swaps and leverage trading and it made a big splash in the DeFi community. If you haven’t heard about GMX,... Read more »

Bitcoin ETFs have 75% chance of approval this year: Bloomberg analysts

Bloomberg analysts have raised the probability for an approved spot Bitcoin exchange-traded fund (ETF) by the end of 2023, following a recent Grayscale victory against the federal securities regulator. In a Aug.... Read more »

Bitcoin analysts doubt BTC price rally as $23K target gains popularity

Bitcoin (BTC) drifted toward $27,000 after the Aug. 30 Wall Street open as the dust settled on digital asset manager Grayscale’s legal victory. BTC/USD 1-hour chart. Source: TradingView BTC buyer interest remains... Read more »

Huobi seeing increased outflows to competitors according to new reliance metrics

The downfall of FTX has underscored the counter-party risks that exchanges can impose on the market. As traders and investors tread with heightened caution, there’s an evident demand for reliable metrics to... Read more »

SEC’s first deadlines to approve 7 Bitcoin ETFs coming over the next week

The United States Securities and Exchange Commission is facing its first deadlines to decide on seven spot Bitcoin (BTC) exchange-traded fund applications, with the latest being Sept. 4 amid its defeat to... Read more »