A top crypto analytics firm, Santiment, has reported that wealthy investors, known as whales, are accumulating a significant amount of a popular Ethereum-based token. Over the past three months, these affluent buyers have been stacking up tokens of the decentralized oracle protocol Tellor (TRB), resulting in a surge in its value.
Market makers play a crucial role in filling buy and sell orders in trading. They have the ability to fill the limit order and decide whether to return the additional slippage amount or keep the difference.
G7 competition authorities and policymakers are utilizing their enhanced skillsets to monitor and anticipate potential threats to market competition. By scanning the horizon for early warning signs of conduct or market factors that could disrupt the balance of competition, they aim to maintain market contestability.
Liminal has provided support in a recent CBI operation by assembling a specialized team. The team created multi-sig and multi-party computation wallets to securely store the seized assets. Although the specific details of the operation have not been disclosed, it is worth noting that India has experienced two significant cryptocurrency scams in the recent past. One involved a $300 million scam, resulting in the arrest of 18 individuals, while the other was a $120 million scam, leading to the arrest of at least two individuals.
A call option is a financial contract that gives the purchaser the right, but not the obligation, to buy the underlying asset at a predetermined price on or before a specific date. On the other hand, a put option is a financial contract that gives the purchaser the right, but not the obligation, to sell the underlying asset at a predetermined price on or before a specific date.
A widely followed crypto trader who accurately predicted the bottom for Bitcoin (BTC) in 2018 is expressing bullish sentiment on the flagship crypto asset.
The Securities and Exchange Commission (SEC) has issued delay orders for several companies, including BlackRock, Bitwise, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie. Analyst James Seyffart stated that this is the first available window for these companies to launch their products since Grayscale's court victory was affirmed. It is believed that the SEC intends to allow all 12 filers to proceed with their launches.
Yuga Labs, the heart of the Yuga community, organizes ApeFest to foster a sense of togetherness among its members. However, recent events have overshadowed the positive experience of ApeFest attendees.
When it comes to the pricing of an ETF, market expectations play a crucial role. In the case of a new ETF that is yet to be approved, the pricing may not be fully reflected in the market. This is because potential buyers of the ETF may not be aware of its impending launch or may not expect it to be approved in the near future.
A widely followed crypto strategist believes that Dogecoin (DOGE) is preparing for a significant upward movement. The pseudonymous analyst, Kaleo, predicts that DOGE will follow the footsteps of other altcoins that have recently experienced substantial gains.
In a recent floor statement, Representative Emmer proposed an amendment that aims to limit the Securities and Exchange Commission (SEC) from using funds for enforcement activities related to digital asset transactions. The amendment states that the SEC should only have jurisdiction over this asset class once Congress passes legislation granting them authority. Emmer expressed concerns about the effectiveness and competence of SEC Chair Gensler and believes that this measure will keep him in check. The purpose of the amendment is to provide the digital asset industry with an opportunity to grow and develop within the United States.
A new crypto bill has been introduced in the U.S. House of Representatives. However, neither of the bill's authors holds prominent positions on committees or is part of the House leadership. This raises questions about the bill's chances of success.
SEC Chair Gary Gensler recently addressed the topic of Grayscale's application and other related matters. When asked about the agency's next steps, Gensler stated that he would not provide an answer at this time. The SEC is currently awaiting recommendations from its staff before taking any action. In the meantime, Gensler released a video highlighting the important work being done by the agency's corporation-finance arm. This work is focused on addressing the challenges posed by rapidly evolving technology and business models, which will play a crucial role in the evaluation of Grayscale's application.
The Santa Claus rally, a phenomenon observed in the stock market, could potentially have a positive impact on Bitcoin prices. According to Matrixport, a leading cryptocurrency financial services provider, there is a possibility of a rally in Bitcoin prices in the near future.
A temperature check poll on the proposal started on November 3rd and will end on November 10th. The purpose of this poll is to gather feedback and determine whether the proposal should be taken to an official Arbitrum DAO vote.
The Securities and Exchange Commission (SEC) has rejected Binance and Binance.US's motion to dismiss the lawsuit filed against them earlier this summer. The SEC argues that the motion is based on distorted and tortured interpretations of federal law and precedents. In June, the SEC sued Binance, along with Coinbase, alleging that both companies offered unregistered securities to the public. The lawsuit against Binance also includes additional allegations.