News Explorer — U.S. Spot Bitcoin ETF Approval ‘Unlikely to Prove a Game Changer’ for Crypto Market: JPMorgan Report

U.S. Spot Bitcoin ETF Approval ‘Unlikely to Prove a Game Changer’ for Crypto Market: JPMorgan Report

According to a report by JPMorgan, Grayscale’s recent court victory against the SEC may increase the likelihood of a spot Bitcoin ETF being approved. However, such an approval is “unlikely to prove a game changer for the crypto market,” as overseas spot Bitcoin ETFs have failed to attract considerable investor interest.

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Sep 4, 9:08 am

Coindesk

U.S. Spot Bitcoin ETF Approval ‘Unlikely to Prove a Game Changer’ for Crypto Market: JPMorgan Report

According to a report by JPMorgan, Grayscale’s recent court victory against the SEC may increase the likelihood of a spo… Read Summary

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Sep 4, 12:02 am

Decrypt

Lido Dominance Prompts Warnings About Liquid Staking Derivatives

Lido Finance, the leading decentralized platform for liquid staking ETH, now accounts for about a third of all staked Et… Read Summary

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Sep 3, 11:32 pm

Decrypt

Binance Is ‘Way Ahead of the Game’ on US Regulations, Says CZ

Despite facing regulatory scrutiny and lawsuits, Binance CEO Changpeng Zhao remains confident in the company’s strength… Read Summary

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Sep 3, 11:23 pm

Decrypt

‘Ethereum Is Awesome’, Says Solana Co-Founder Amid Planned MakerDAO Migration

The MakerDAO protocol is nearing the final phase of its multiyear overhaul called Endgame, which includes the launch of… Read Summary

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Sep 2, 8:32 pm

Decrypt

Half of the People in Turkey Now Own Crypto: Report

Crypto adoption in Turkey has increased from 40% to 52% over the past year and a half, according to a survey conducted b… Read Summary

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Sep 2, 6:39 pm

The Block

Vitalik Buterin Sells His Remaining MakerDAO Tokens

Ethereum co-founder Vitalik Buterin has sold his remaining stake of 500 MakerDAO tokens on CoW Protocol, receiving 353 E… Read Summary

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Sep 2, 4:30 pm

The Block

Sam Bankman-Fried and Alameda Research Execs Received Personal Cash Transfers From Company Funds

A recent filing from the FTX debtors revealed that executives of Alameda Research, including former FTX CEO Sam Bankman-… Read Summary

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Sep 2, 10:01 am

Decrypt

Base Network Rakes in the Fees Riding Crypto’s Favorite Memes

CoinGecko research shows that Coinbase’s layer2 solution, Base, reached 1 million addresses in just 11 days, making it t… Read Summary

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Sep 2, 2:51 am

Cointelegraph

MakerDAO Cofounder Floats Solana Codebase for Native Chain Instead of Ethereum

MakerDAO cofounder Rune Christensen has proposed building the upcoming native chain for the decentralized finance projec… Read Summary

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Sep 1, 10:32 pm

Decrypt

Solana Co-Founder Says FTX’s SOL Should Be Distributed to Customers

FTX’s new management may be considering selling its large holdings of Solana (SOL) tokens, as evidenced by movement of t… Read Summary

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Sep 1, 8:54 pm

The Block

Ripple Labs Opposes SEC’s Request for Appeal: Filing

Ripple Labs has filed a new document opposing the U.S. Securities and Exchange Commission’s (SEC) request for an appeal… Read Summary

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Sep 1, 6:42 pm

Decrypt

Robinhood Repurchases $606M in Shares Seized From FTX Founder

Robinhood has completed a buyback of $606 million in seized shares that were once owned by FTX founder Sam Bankman-Fried… Read Summary

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Sep 1, 6:19 pm

Decrypt

Uniswap Court Ruling Makes DeFi a Regulatory ‘Anomaly’

A district judge ruled that Uniswap investors and developers are not liable for the impact of so-called scam tokens, sta… Read Summary

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Sep 1, 5:07 pm

Decrypt

USDC Stablecoin Market Share Hits Two-Year Low

The market cap of USD Coin (USDC) has hit a two-year low, dropping to $26.1 billion and making it the sixth largest digi… Read Summary

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