One of the major highlights of Grayscale’s victory over the US Securities and Exchange Commission (SEC) was its positive effect on Bitcoin’s price. However, renowned economist Peter Schiff has explained why Grayscale’s win may not be good for Bitcoin in the long run.  A GBTC ETF ‘Bearish’ For Bitcoin Schiff […]

The announcement of Patricia Token (PTK) by Nigerian crypto exchange Patricia was greeted by users with scepticism and some suspicion, as they took to social media to question the motives behind the move. Now, in a response to that reaction, the crypto exchange company has released a white paper seeking to […]

On Tuesday, the District of Columbia Court of Appeals issued a favorable ruling for Grayscale over the SEC. The court mandated the SEC to reevaluate its previous decision, which had resulted in the rejection of Grayscale’s proposal to introduce a Bitcoin exchange-traded fund (ETF) focused on spot trading. As a […]

Bitcoin Cash (BCH) and several prominent altcoins are experiencing an upward trajectory in their trading prices, attributed to a recent report indicating a favorable ruling by the US federal appeals court.  The court’s decision suggests that the US Securities and Exchange Commission (SEC) erred in its rejection of Grayscale’s application […]

In a recent interview with Thinking Crypto, Paolo Tasca, co-founder and chairman of the DLT Science Foundation, author, and professor, has shed light on the longstanding oversight of the cryptocurrency markets by U.S. regulatory authorities. Tasca pointed out the detrimental impact of the lack of transparency and regulatory certainty on […]

Cryptocurrency exchange Binance is expanding its offerings in Latin America with the launch of a new crypto-to-bank account payment solution for the region. On Aug. 30, Binance said it’s working with licensed transfer processing providers for its new “Send Cash” product that allows users from nine countries to transfer crypto […]

Bitcoin price rallied above $26,500 and $27,000. BTC tested the $28,000 resistance zone and is currently correcting lower toward $27,000. Bitcoin jumped and cleared the $26,500 resistance zone. The price is trading above $26,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend […]

In a refreshing ruling on August 29, the United States District of Columbia Court of Appeals said the stringent Securities and Exchange Commission (SEC) was, after all, wrong in denying Grayscale to convert their over-the-counter (OTC) Bitcoin Trust (GBTC) into a Bitcoin spot exchange-traded fund (ETF).  The regulator had previously barred […]

Tether, the stablecoin issuer behind USDT, has reportedly added Britannia Bank & Trust, a private bank based in The Bahamas to process dollar transfers on its platform. It is understood Tether has instructed clients to send money to Britannia’s bank account over the last few months, according to an Aug. […]

A recent report from Bitfinex has shed light on a trend in the Bitcoin market. The report shows despite the unpredictability of the crypto market; long-term Bitcoin holders appear to be playing the patience game, signaling a buoyant outlook on the digital currency. This resilience and sense of optimism come […]