Analysis
Bitcoin nears $30,000 as ETF approval anticipation stirs market
BTC's positive momentum has also catalyzed significant price surges for altcoins like Ethereum, Solana, and XRP.
Oluwapelumi Adejumo 2 min read
US News
SEC and CFTC actions, state policy, ETFs, startups, and nationwide crypto market trends.
Coverage footprint 25.2%
News sentiment 41 /100
Top US Stories
ETF
Coinbase Chief Legal Officer predicts imminent approval of U.S. Bitcoin ETF
U.S. spot Bitcoin ETF's green signal anticipated in wake of SEC's Grayscale mishap.
Legal
SBF Trial – FTX general counsel had ‘no idea’ that SBF was misusing customer funds
FTX General Counsel Can Sun began his testimony by stating that he "didn't do anything wrong" and had "no idea" that the exchange and Alameda were misusing customer funds.
Latest US Crypto News & Analysis
Regulation
SEC drops charges against Ripple executives
Ripple's Brad Garlinghouse and Chris Larsen no longer face charges. However, Ripple and the SEC must settle on remedies for institutional XRP sale violations.
AI
Universal Music Group sues Anthropic for IP infringement
UMG alleged that Anthropic's AI could output "original" music and lyrics that were almost direct copies of protected songs.
Regulation
U.S. Treasury targets crypto mixer transactions as new class of ‘primary money laundering concern’
The Treasury's Financial Crimes Enforcement Network (FinCEN) announced the proposed change on Oct. 19, citing actors such as Hamas, ISIS, and the DPRK as frequent abusers of coin mixers.
Legal
Gemini claims ‘victim’ status in NYAG’s billion-dollar lawsuit
Gemini said the lawsuit validates its claim that Genesis and its parent company, Digital Currency Group, conspired defraud creditors.
Investments
What Grayscale’s S-3 registration means for its spot Bitcoin ETF prospects
Grayscale has worked for years to gain SEC approval for a U.S. spot Bitcoin ETF. It may finally be on the cusp of victory.
ETF
BlackRock spot bitcoin ETF approval could catapult BTC to $56,000 – Matrixport
A more conservative estimate by Matrixport projects that the top cryptocurrency's value could rise to $42,000.
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AI
NVIDIA steps up self-driving with Foxconn partnership to put NVIDIA DRIVE in cars
Politics
Lawmakers urge Biden administration to crack down on use of crypto by Hamas
Legal
SBF Trial – Forensic accountant reveals almost 70% of Alameda’s loans were serviced with FTX customer funds
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