The DOJ has highlighted concerns surrounding the potential misuse of attorney involvement as a defense strategy.
The market will have to wait longer for a Bitcoin spot ETF approval despite the SEC’s court loss to Grayscale.
The Grayscale/SEC legal battle “should have never reached the courts in the first place,” Ramaswamy opined.
Apart from being a Bitcoin whale, Robinhood has also been identified as one the largest ETH holders.
Coinbase and Circle – the company behind USDT’s largest competitor, USDC – have been working together closely since the beginning.
The SEC has 45 days to appeal the court’s ruling, but Grayscale remains prepared to fight.
OKX’s August PoR report disclosed that the USD value of its reserves has dropped by roughly $1 billion from the $11.3 billion reported in July.
The new product comes with the name “Send Cash.”
Despite Grayscale’s major win over the SEC in court, the Federal Reserve remains a major obstacle to Bitcoin’s upward price momentum.
India’s second crypto unicorn – CoinSwitch – has supposedly become the latest digital asset entity to lay off employees.