Grayscale Win Fuels US Innovation Amid ETF Delays

Bitcoin’s price landscape remains dynamic and ever-evolving. As the cryptocurrency is currently trading at $26,081, marking an over 4% decline on Friday, the backdrop presents a mix of challenges and opportunities.  A landmark court decision favoring Grayscale has emerged as a beacon of hope, propelling avenues for Bitcoin innovation within the United States.  Legal expert …

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HashKey’s New $100M Fund to Focus on Altcoins, With Less Than 50% Allocation for BTC and ETH

Image Source: HashKey Group HashKey Capital, the investment arm of Hong Kong-based crypto giant HashKey Group, has allocated a significant portion of its newly launched to major altcoins.  The fund aims to invest less than 50% of its allocation in Bitcoin (BTC) and Ethereum (ETH), the two largest cryptocurrencies, Jupiter Zheng, the portfolio manager of the fund, said in …

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Major Ethereum Staking Providers Promise Not to Own More Than 22% of Validators

Ethereum. Source: Adobe In an effort to maintain the decentralized nature of the Ethereum (ETH) network, several prominent liquid staking providers have implemented or are in the process of implementing a self-limit rule.  The rule ensures that these providers will not own more than 22% of the Ethereum staking market, which could help address concerns over the …

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Fetch.ai Price Pumps 10% – Experts Predict These 3 AI Coins Are Next Cryptos To Explode In September

Source: TradingView / FETUSDT Bullish momentum has returned to Fetch.ai’s FET token with the price rallying 10% over the past week. This upside move has propelled FET above its 20-day, 50-day, and 100-day exponential moving averages, which is often viewed as a precursor to further gains. However, after briefly hitting a multi-month high of $0.2570 …

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Binance’s Asia-Pacific Head Departs Amidst Market Share Decline and Regulatory Pressures

Source: ShutterStock According to Bloomberg’s sources, Leon Foong, who served as the head of Binance Asia-Pacific, is leaving his position at the world’s largest cryptocurrency exchange. Foong was crucial in Binance’s growth in South Korea, Thailand, and Japan. While an official announcement is pending, insiders have signaled his imminent departure. Amid regulatory lawsuits and scrutiny …

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El Salvador Bitcoin City Attracts ‘First Resident’

Source: Daniel Umana/Adobe El Salvador’s Bitcoin City has reportedly attracted its first international “resident,” with an American bitcoiner moving to the area where the city is being constructed. Per the government-aligned newspaper Diario El Salvador, the man’s name is Corbin Keegan. He was described as “an American bitcoiner who has […] settled on one of …

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Best Crypto to Buy Now August 31 – Maker, Mantle, dYdX

The U.S. Securities and Exchange Commission (SEC) announced on August 31 that it will postpone decisions on proposed rule changes related to spot Bitcoin exchange-traded funds (ETFs) until October. The SEC is postponing judgments on proposed rule changes that would allow Fidelity (Wise Origin), VanEck, WisdomTree, Invesco, and others to offer spot Bitcoin ETFs on …

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Bitcoin Price Prediction as BTC Dips 4% – More Sell-Off Ahead?

In the world of cryptocurrencies, Bitcoin’s unpredictable price movements are always under the microscope.  Today, with Bitcoin’s price hovering at $26,164 and a 24-hour trading volume reaching a staggering $18 billion, the cryptocurrency has seen a dip of nearly 4% in the last day.  Despite the recent setback, Bitcoin continues to reign supreme with its …

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6 Bitcoin ETF Applications Delayed So Far, BlackRock Rumored to Be Next—Fidelity, WisdomTree, Valkyrie, VanEck, Bitwise, Invesco

Image by Sergei Tokmakov, Esq. https://Terms.Law from Pixabay Today, the U.S. Securities and Exchange Commission (SEC) announced delays in its decisions regarding Bitcoin ETF applications from six companies out of seven—Fidelity, WisdomTree, Valkyrie, VanEck, Bitwise, and Invesco.  The regulatory body stated it would need at least 45 more days to review these applications, pushing the …

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