Bitcoin Whales: BTC Price Dips Below $26,000
On-chain data reveals a notable increase in transactions worth $1 million, indicating that Bitcoin whales are responsible for the collapse. As a result of SpaceX’s sale of $373 million worth of Bitcoin, the price of the world’s largest cryptocurrency, Bitcoin (BTC) fell below $26,000, a 9% drop. Bitcoin’s decline has also dragged the broader crypto […]
Crypto Mixer Tornado Cash Loses Lawsuit Over US Sanctions
The Judge denied the removal of US sanctions against Tornado Cash by comparing its smart contracts to vending machines. On Thursday, August 17, a federal magistrate denied a motion from crypto participants and giants such as Coinbase, who argued that the U.S. Treasury’s sanctions against the crypto mixing service provider Tornado Cash were excessive. Six […]
US SEC to Approve First Ethereum Futures ETF
Bloomberg reports that the US SEC is set to sanction an Ethereum Futures ETF as the crypto community awaits a Bitcoin ETF. Bloomberg reports that the US SEC is set to sanction an Ethereum Futures ETF as the crypto community awaits a Bitcoin ETF. Valkyrie is anticipated to list the first Ether Futures ETF on October […]