Ethereum software giant Consensys filed suit against the Securities and Exchange Commission (SEC) on Thursday, alleging that the regulator is trying to “seize control over the future of cryptocurrency”—and that the agency plans to designate Ethereum as a security. Consensys, the Ethereum startup behind the popular MetaMask wallet and Infura infrastructure platform, alleges that the SEC is overreaching in its…
Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over $20,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol. […] Source: https://news.bitcoin.com/blackrocks-bitcoin-etf-wallets-hold-over-20000-in-runes-tokens-arkham-data-shows/
Industry insiders anticipate the Securities and Exchange Commission (SEC) will reject proposals for exchange-traded funds (ETFs) linked to the price of ether in the coming month, according to sources familiar with the matter. Several firms, including VanEck and ARK Investment Management, have submitted applications to the SEC seeking approval for ETFs that would mirror the spot price movements of ether,…
Financial markets are experiencing a profound transformation with the rise of asset tokenization, signaling more than just a passing trend among technology enthusiasts. It represents a fundamental evolution in the management and transaction of assets on a global scale. The distinction between crypto-native tokens and tokenized real-world assets is paramount. While crypto-native tokens like bitcoin and ether exist purely in…
The company warned that the SEC reversing a position it had held since 2018 on Ether as a security could “spell disaster” for the network and drive innovation to a halt in the U.S. Source: https://cointelegraph.com/news/consensys-lawsuit-sec-ethereum
An Ohio state congressman has introduced legislation that would protect the right to use Bitcoin and other cryptocurrencies as peer-to-peer mediums of exchange. The Ohio Blockchain Basics Act, sponsored by state Rep. Steve Demetriou, “ensures American’s financial freedom” by protecting their right to “buy and sell,” to “mine,” and to “self-custody” their digital assets, as well as to run a…
The team defended itself against claims of excessive false positives, suggesting it was so effective that it caused a crypto drainer to give up in frustration. Source: https://cointelegraph.com/news/blockaid-caused-crypto-drainer-shut-down-defends-against-claims-false-positives
On Wednesday, the U.S. Department of Justice from the Southern District of New York brought charges against the creators of Samourai Wallet for running an unlicensed money transmission service and for engaging in money laundering activities. This development has left the cryptocurrency community in dismay, with many expressing their displeasure over the aggressive measures employed […] Source: https://news.bitcoin.com/privacy-is-not-a-crime-samourai-indictment-provokes-strong-reactions-from-crypto-advocates/
“Unsustainable budget deficits” and “persistent inflation” have HashKey Capital analysts predicting a $100,000 to $200,000 Bitcoin price by the end of 2024. Source: https://cointelegraph.com/news/persistent-inflation-will-be-key-in-bitcoin-s-run-to-200k-crypto-fund-manager
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Bitcoin and Ethereum turned slightly lower Thursday, sinking 1% each immediately after a key federal economic report indicated that the U.S. economy grew slower than expected…
