Nasdaq and the New York Stock Exchange (NYSE) have withdrawn their applications to list and trade options based on two U.S. spot Bitcoin ETFs. Per an August 14 Securities and Exchange Commission (SEC) filing, the NYSE has withdrawn the proposed rule change that would enable it to list and trade options on the Bitwise Bitcoin ETF (BITB) and the Grayscale…
Month: August 2024
South Africa’s new AI framework sets foundation for tech leadership
As stakeholder consultations proceed, the feedback gathered will be instrumental in shaping a robust and effective AI policy. Source: https://cointelegraph.com/news/south-africa-ai-policy-framework-tech-leadership?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption
Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi. Source: https://cointelegraph.com/news/coinbase-cbbtc-boost-bitcoin-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price bounces 4% as triple 'death cross' sparks sub-$50K warning
BTC price weakness sees negative funding rates and a distinctly risk-off mood among Bitcoin traders. Source: https://cointelegraph.com/news/bitcoin-price-bounces-4-triple-death-cross-sub-50k-warning?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dubai court recognizes crypto as a valid salary payment
UAE lawyer Irina Heaver said the ruling shows the growing acceptance of crypto in employment contracts, recognizing the evolving nature of Web3 financial transactions. Source: https://cointelegraph.com/news/dubai-court-recognizes-crypto-salary-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Arbitrum DAO boosts ARB utility with staking and governance upgrades
The DAO bolsters its framework and community by enabling ARB staking and enhancing token utility and security. Source: https://cointelegraph.com/news/arbitrum-dao-arb-token-staking-governance-upgrade?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bank of Ghana unveils draft rules for cryptocurrency exchanges
The Bank of Ghana introduces draft guidelines to regulate digital assets, focusing on exchanges and consumer protection measures. Source: https://cointelegraph.com/news/ghana-new-crypto-regulations-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Paraguayan Justice System Achieves Conviction for Power Theft Crime Linked to Cryptocurrency Mining
The Paraguayan justice system has reached a milestone by achieving its second conviction related to a power theft crime linked to cryptocurrency mining. Carlos Raul Rojas, the owner of a dwelling where over 1,000 cryptocurrency miners operated, was sentenced to 18 months in prison for causing over $1.5 million in losses to the National Power […] Source: https://news.bitcoin.com/paraguayan-justice-system-achieves-conviction-for-power-theft-crime-linked-to-cryptocurrency-mining/
World’s 3rd largest public pension fund buys $34M MicroStrategy shares
South Korea’s public pension fund has just upped its crypto exposure further, buying tens of thousands of shares in MicroStrategy. Source: https://cointelegraph.com/news/south-korea-pension-fund-nps-buys-microstrategy-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Institutions not so interested in Bitcoin at $58K, metric shows
10x Research’s Markus Thielen says there’s one stablecoin metric that is key to indicating institutional interest in Bitcoin, but it’s not flashing green right now. Source: https://cointelegraph.com/news/bitcoin-price-metric-institutional-interest-stablecoin-minting-ratio?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound