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Grayscale Urges Simultaneous Approval of Bitcoin Spot ETFs, Citing Market Interconnectedness
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a bid to shape the future of spot Bitcoin Exchange-Traded Funds (ETFs), Grayscale’s Chief Legal Officer, Craig Salm, emphasizes the need for the Securities and Exchange Commission (SEC) to approve all spot ETF applications simultaneously. Grayscale’s legal team has submitted a…
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US House Committee Advances Clarity for Payments Stablecoin Bill amid Concerns of Tech Giants’ Influences
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. The US House Financial Services Committee has taken a momentous stride towards establishing a federal regulatory framework for stablecoins. Despite concerns surrounding Elon Musk’s potential involvement in creating his own stablecoin, the proposed bill, known as the “Clarity for Payments Stablecoin” bill,…
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SEC Chairman Expresses Concerns Over Fraud and Manipulation in the Cryptocurrency Market
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In a recent interview with Bloomberg, Securities and Exchange Commission (SEC) Chairman Gary Gensler shared his apprehension about the alleged prevalence of fraud and manipulation in the cryptocurrency market. These remarks come at a time when investing giants like BlackRock have filed…
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Shiba Inu Holds Fort as a Prominent Token Choice among Ethereum Whales
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. By: Zeng Han-Jun, Head of Research Among the notable tokens held by the top 100 Ethereum whales, stablecoins often dominate the scene. However, Shiba Inu remains a formidable presence in these holdings. According to data from whale tracking website, WhaleStats, Shiba Inu…
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Are Bitcoin Cash Miner Withdrawals Indicating Bearish Trend?
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. By: Zeng Han-Jun, Head of Research Bitcoin Cash (BCH) experienced a surge in price last month, attracting renewed interest from investors. However, recent data suggests that the altcoin’s momentum may be waning. Notably, Bitcoin Cash miners have been rapidly withdrawing their funds,…
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Flashbots Raises $60 Million in Series B Funding, Reaching Unicorn Status
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Ethereum-based software provider Flashbots has successfully secured $60 million during its series B funding round, positioning itself as a prominent player in the blockchain industry. As a result, Flashbots’ valuation has now surpassed $1 billion, reflecting the growing interest in the company’s…
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