Coinbase stock surges after favorable federal ruling for Grayscale
In the final moments of the trading session on Tuesday, Aug.29, the value of COIN stood at $85.13 per share, a jump of 15% over the previous day’s close. Go to Source
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Will Evergrande’s collapse have a silver lining for crypto?
This week, The Market Report discusses Grayscale’s victory against the SEC, the impact of Evergrande’s bankruptcy, and what happened to the 16 trillion PEPE tokens reportedly stolen. Go to Source
GBTC Bitcoin ‘discount’ may be gone by 2024 as share price gains 17%
GBTC shares trading at a lower implied value to BTC price may soon be a thing of the past, a new prediction says. Go to Source
Crypto community jubilant over Grayscale decision, but uncertainty remains
The court’s decision that the SEC has to consider Grayscale’s Bitcoin spot ETF application is good news for crypto but maybe not as impactful as some hoped. Go to Source
Grayscale wins the court battle, but what does this mean for a spot Bitcoin ETF?
The SEC may have a limited window to appeal the court decision, while Grayscale could forward forward with an amended application for its spot Bitcoin exchange-traded fund. Go to Source
Sealing docs in Binance case could suggest a criminal probe, says former SEC official
According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret. Go to Source
BTC price jumps to 2-week highs on Grayscale vs. SEC Bitcoin ETF win
BTC price volatility returns as good news over the GBTC conversion to a spot Bitcoin ETF sends markets rallying. Go to Source
Breaking: Grayscale wins SEC lawsuit
Bitcoin and the broader cryptocurrency market rose sharply on the news. Go to Source
New tax rules for crypto in the US: Law Decoded
The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers. Go to Source
SEC charges podcaster in first unregistered securities sales claim against NFT offering
Impact Theory produces entertainment and educational podcasts and was “trying to build the next Disney” when it invited investors to purchase its NFTs. Go to Source
