Valkyrie Leveraged Bitcoin Futures ETF gets inspiration from TradFi memes
After being initially discussed in 2021, the investment fund is now capitalizing on the meme-worthy ticker for its new leveraged Bitcoin ETF. Go to Source Powered by WPeMatico
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Breaking: Court victory for Ripple as judge denies SEC motion to seal Hinman docs
United States District Judge Analisa Torres made the order on May 16 in a win for Ripple. Go to Source Powered by WPeMatico
SEC rebukes need for imminent crypto rulemaking, seeks denial of Coinbase petition
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC’s response, asserting that they will happily continue overseeing the sector via regulation as enforcement. Go to Source Powered by WPeMatico
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant. Go to Source Powered by WPeMatico
This Bitcoin options strategy allows early bird traders to prepare for BTC’s next breakout
Crypto traders expected a price reversal could use this options strategy to get positioned in Bitcoin. Go to Source Powered by WPeMatico
SEC under fire for its custody rule: Law Decoded, May 8–15
Last week was harsh for the United States Securities Exchange Commission, with industry figures and officials publicly criticizing the regulator. Go to Source Powered by WPeMatico
SEC revises $22M punishment against LBRY, seeks $111K instead
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount. Go to Source Powered by WPeMatico
Bitcoin’s dive under $27K liquidates $100M — So why aren’t margin traders flipping bearish?
BTC price falls below the 55-day support level at $27,000, but futures market resilience sparks hope for a recovery toward $28,000. Go to Source Powered by WPeMatico
SEC beyond crypto: HSBC and Scotia hit with fines over WhatsApp use
Both HSBC and Scotiabank have not been very supportive of the cryptocurrency industry’s adoption in recent years. Go to Source Powered by WPeMatico
Binance.US seeking to cut Changpeng Zhao’s majority stake: Report
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Go to Source Powered by WPeMatico
