Market
Regulation
BitGo secures preliminary approval in Singapore to become major payment institution
Singapore has proven attractive to several crypto-related firms looking to expand their operations into new coast.
Exchanges
Binance confirms Apple India App Store exchange removal amid regulatory concerns
Binance and other impacted exchanges had failed to comply with the adequate regulatory framework in India.
Regulation
SEC faces congressional scrutiny after social media account hack exposes weak security
Social media platform X said the SEC account was compromised because it lacked vital security measures.
Crypto
Bitcoin sheds $50 billion in market capitalization after fake SEC ETF approval rattles market
Traders speculating on digital asset prices lost nearly $220 million during the past day.
Technology
Elon Musk’s X platform to introduce peer-to-peer payments
The social media platform further revealed intentions to use AI to improve its users' experience.
Analysis
Ethereum-Bitcoin ratio drops to historic low as ETF approval speculation heightens
The ETH/BTC ratio has steadily declined since Ethereum completed the Merge event in 2022.
Crypto
Grayscale’s BTC fund shows record trading and narrowing discount amid ETF approval buzz
Grayscale's Bitcoin Trust is experiencing heavy trading activity as ETF approval looms.
Bankruptcy
Digital Currency Group still owes Bitcoin, USD to Genesis, filing suggests
DCG had publicly claimed it had repaid the loan it owed to its bankrupt subsidiary Genesis.
Regulation
SEC Chair Gary Gensler issues stark warning about crypto investing ahead of Bitcoin ETF decision
With the SEC expected to imminently approve a Bitcoin ETF, Chair Gensler alerts investors to risks involved in crypto investments.
ETF
Grayscale to slash fees to 1.5% after spot Bitcoin ETF conversion, still highest among rivals
Grayscale cuts Bitcoin ETF management fees amid intense competition from rivals.
Technology
Ripple’s XRP Ledger surging network activity stirs DDOS attack concerns
Unexpected transaction spike on XRP Ledger disrupts decentralized exchange operations.
Crypto
Japanese e-commerce giant Mercari to allow Bitcoin payments for products
The BTC transactions would be converted in real time via the BTC through its exchange partner in real time.