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United States Securities and Exchange Commission (SEC) Chair Gary Gensler released a statement Wednesday morning criticizing the Financial Innovation and Technology for the 21st Century Act (FIT21) ahead of the crypto regulation’s expected vote in the House today. SEC Chair Gary Gensler Pushes Back On FIT21 Before House Vote In…

ETH has lifted by 2% in the past 24 hours, with the Ethereum price rising past $3,700 on a day when the crypto market as a whole is basically flat. This price gives ETH a 29% gain in a week and a 17% increase in a month, with the altcoin…

VanEck’s spot Ether exchange-traded fund (ETF) has now been listed on the Depository Trust and Clearing Corporation (DTCC) under the ticker symbol “ETHV.” The DTCC, a prominent American financial market infrastructure provider, plays a crucial role in clearing, settlement, and transaction reporting services, making the listing on DTCC an important…

Cryptocurrency derivatives trading platform Bitget has appointed Gracy Chen as its new CEO taking over from Sandra Lou, who is moving on to pursue other business goals. Before being promoted to CEO, Chen held the position of managing director of Bitget, where she oversaw its market expansion, business strategy, and…

Bitcoin Price Prediction Bitcoin (BTC) has dipped below $70,000, falling to around $69,229 after reaching an intra-day low of $69,939. This decline is due to reduced investor demand amid uncertainty about a potential September Fed rate hike. Additionally, recent ETF flow data shows mixed sentiments, with a significant drop in…

Stephen Findeisen, popularly known as “Coffeezilla” on YouTube, has accused artificial intelligence company Rabbit AI of orchestrating a nonfungible token (NFT) scam and attempting to cover it up. Findeisen, a prominent investigator on the video-sharing platform, recently released a video on the Coffeezilla channel, shedding light on Rabbit AI’s alleged involvement…

Hong Kong’s privacy watchdog on Wednesday instructed OpenAI founder Sam Altman’s Worldcoin project to halt all activities in the region. This includes scanning and collecting iris and facial images from the public using iris-scanning devices. After initiating an investigation into Worldcoin’s practices earlier this year, Hong Kong’s privacy commissioner concluded…

The U.S. prosecutors are pushing for a prison sentence of five to seven years for the former FTX executive Ryan Salame. According to a sentencing memorandum, the attorneys of the Southern District of New York have argued for an extended imprisonment term, citing the seriousness and the general deterrence in…

BlackRock’s spot Bitcoin exchange-traded fund (ETF) has generated significant traction, accounting for 95% of the total inflow into United States spot Bitcoin ETFs on Tuesday. The combined inflows for these ETFs surpassed $300 million, a substantial boost for the market. Preliminary data from Farside Investors reveals that BlackRock’s iShares Bitcoin Trust (IBIT)…

Uniswap Labs filed a 40-page response on Tuesday to the SEC’s Wells Notice, arguing against a potential lawsuit and urging the agency to drop the matter. It comes after the agency raised concerns a few weeks ago that Uniswap’s operations might violate US securities laws. The decentralized crypto exchange is…