The new legislation was sponsored by the Sme Rodina party, also known as the “We Are Family” party, and was reportedly drafted as a precautionary measure against the proposed digital euro.Continue Reading on Coin Telegraph More
ARKK purchased nearly 330,00 shares of COIN on June 6, 2023, worth about $17 million at the time, according to disclosure statements. Two other exchange-traded funds (ETFs), Ark Fintech Innovation ETF and Ark Next Generation Internet ETF, also added 35,700 shares (worth $1.8 million) and 53,900 shares (worth $2.8 million), respectively. Continue Reading on Coin Telegraph More
The resulting agreement outlines measures for Binance.US to prevent any access by Binance officials to private keys of wallets, hardware wallets or root access to Binance.US’s Amazon (NASDAQ:AMZN) Web Services tools. Additionally, the U.S.-based crypto trading platform will disclose comprehensive information on business expenses, including estimated costs, in the coming weeks.Continue Reading on Coin Telegraph More
Some analysts expect Bitcoin’s range-bound action to continue for some more time. Cryptocurrency traders will be looking for some positive triggers that could push the price above the range. One such rumor floating in the markets is that after BlackRock (NYSE:BLK) filed for a Bitcoin spot exchange-traded fund, Fidelity Investments may also follow suit. If that happens, it will be a positive sign for the markets.Continue Reading on Coin Telegraph More
In a meeting of the U.K. Parliament’s House of Lords on June 19, many members advocated for the passage of the Financial Services and Markets Bill — legislation aimed at strengthening the country’s financial services industry. The bill went through a third reading in the House of Lords, one of the final stages in passage before considering any additional amendments and being signed into law.Continue Reading on Coin Telegraph More
The report noted that despite this downward trend, there was a glimmer of hope toward the end of the week, as news emerged that BlackRock (NYSE:BLK), one of the world’s largest asset managers, had submitted an application for a Bitcoin (BTC) exchange-traded product (ETP) in the United States. This development resulted in minor inflows; however, they were not significant enough to offset the earlier outflows observed during the week. As a consequence, the streak of outflows persisted.Continue Reading on Coin Telegraph More
The dismissal of Binance.US’s temporary restraining order by Judge Amy Berman Jackson of the United States district court is somewhat related to investors’ sentiment improving. On June 16, the exchange reportedly reached an agreement with the U.S. Securities and Exchange Commission (SEC), avoiding the freeze of its assets.Continue Reading on Coin Telegraph More
The past few weeks have seen a bearish trend fueled by regulatory uncertainty. Last week, Bitcoin (BTC) and BNB (BNB) saw 2.5% gains, but XRP (XRP) dropped 5.2%, and Ether (ETH) traded down 0.7%.Continue Reading on Coin Telegraph More
