The largest digital asset manager, Grayscale Investments, filed paperwork with the U.S. Securities and Exchange Commission (SEC) on September 19 for a new exchange-traded fund dedicated to ethereum (ETH) futures. The Grayscale Ethereum Futures Trust will hold ethereum futures contracts for the fund.
Grayscale Investments Submits Ethereum Futures ETF Proposal to SEC
Grayscale has approached the SEC…
Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud – Legal Bitcoin News
September 21, 2023
A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $1.5 million, according to…
What Are Rollups? Ethereum's Main Scaling Solution Examined – Learning - Insights Bitcoin News
September 21, 2023
Rollups are structures that have been designed as a way of scaling Ethereum’s capacity to process transactions and data. They group a bunch of tasks and compute them offchain, only posting the result of these transactions to Ethereum, allowing more data to be piled up on…
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Gains Ahead of FOMC Decision – Market Updates Bitcoin News
September 21, 2023
Bitcoin retreated from recent highs on Wednesday, ahead of the upcoming U.S. Federal Open Market Committee (FOMC) interest rate announcement. The Fed is expected to keep rates unchanged, despite inflation rising by more than expected in August. Ethereum also gave up gains in today’s session.
Bitcoin
Bitcoin started the day trading marginally lower, as markets prepared for the highly anticipated…
Awakening of 2012 Bitcoins: 8 Transfers Mobilize 520 BTC After 11 Years – Bitcoin News
September 21, 2023
In September 2023, a flurry of dormant so-called “sleeping bitcoins” from 2012 stirred to life. On September 18, a whopping 909 BTC worth more than $24 million changed hands. Not resting there, the momentum carried into the next day when vintage transfers from 2012…
Biggest Movers: XRP, MATIC Move to Multi-Week Highs on Wednesday – Market Updates Bitcoin News
September 21, 2023
XRP was a big mover on Wednesday, despite cryptocurrency markets mostly consolidating in today’s session. Traders have moved to secure recent gains, ahead of September’s Federal Reserve interest rate decision. Polygon was also in the green, hitting a two-week high in the…
SEC's Crypto Chief Signals Ramp-Up in Enforcement: 'We're Going to Continue to Bring Those Charges’ – Regulation Bitcoin News
September 21, 2023
According to David Hirsch, head of the U.S. Securities and Exchange Commission’s (SEC) Crypto Assets and Cyber Unit, more enforcement actions against firms that haven’t properly registered with the regulator are expected. Hirsch discussed crypto assets and exchanges Tuesday at an SEC forum in Chicago.
SEC Crypto Head Forewarns Tougher Enforcement
While the crypto community has focused on the…
Fraud Investigation of Crypto Exchange JPEX Triggers Trading Halt, Arrests, Increased Regulatory Scrutiny – Exchanges Bitcoin News
September 20, 2023
A fraud investigation of cryptocurrency exchange JPEX in Hong Kong has led to the shutdown of some trading activities on the platform, the arrest of multiple people, and increased regulatory scrutiny of the entire crypto sector. “This incident highlights the importance…
Blockchain Capital Doubles Down on Crypto, Launches Two Funds Totaling $580 Million – Bitcoin News
September 20, 2023
Blockchain Capital, a venture capital fund for cryptocurrency builders, has announced the closing of two funds that together total $580 million. The fundraiser, the largest one of the company in its ten years of existence, reveals the interest of investors in the blockchain…
In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses the American subsidiary of the leading crypto exchange of non-cooperation with its probe.
U.S. SEC Fails to Secure Court Authorization to Inspect Binance US Software
Securities…
