Will $30K be a new springboard for Bitcoin bulls?
Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests. Go to Source Powered by WPeMatico
SEC
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Judge denies motion from Binance regarding allegedly ‘misleading’ SEC statements
The legal teams for Binance, Binance.US and CZ filed a motion for the court to order the SEC to comply with “applicable rules of conduct” following allegedly misleading statements. Go to Source Powered by WPeMatico
US lawmaker calls for info from Treasury and SEC on crypto market structure bill
Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers. Go to Source Powered by WPeMatico
Volatility Shares Trust aims for listing of leveraged Bitcoin futures ETF
The debut of shares for the Bitcoin investment vehicle is potentially set for June 27, but the U.S. SEC has a pattern of denying many crypto-linked ETF applications. Go to Source Powered by WPeMatico
SEC waives BlockFi’s $30M fine until creditors are paid
The U.S. SEC was at the top of BlockFi creditor’s list with a $30 million settlement balance from February 2022. Go to Source Powered by WPeMatico
Binance.US solves USD withdrawal issues but warns it won’t last long
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US. Go to Source Powered by WPeMatico
Crypto enthusiasts are wrong to target Gary Gensler
Laws in the United States are the problem. Cryptocurrency advocates should focus on changing them — and, in the meantime, consider moving to the European Union. Go to Source Powered by WPeMatico
US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried’s arrest
The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried’s charges and arrest had been publicly available at the time. Go to Source Powered by WPeMatico
Valkyrie joins rush with BTC spot ETF application to go with its futures, miners ETFs
The cryptocurrency fund manager is at least the fourth to seek a BTC spot ETF listing in the last week; Fidelity is rumored to be preparing to apply, too. Go to Source Powered by WPeMatico
Binance, Binance.US, and CZ allege SEC made ‘misleading’ statements on exchange assets
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets”, despite a court transcript suggesting otherwise. Go to Source Powered by WPeMatico
