Grayscale argues that the differences between futures and spot Bitcoin ETFs have no correlation to approvals because prices are based on the same spot Bitcoin markets. Asset management firms continue to fight for a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States as regulators remain skeptical of the idea. Craig Salm, chief legal officer at...Continue Reading

A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles. Bitcoin (BTC) starts another week in a precarious position near $20,000 ahead of fresh macro upheaval. After admittedly sealing its best week’s gains since March, the largest cryptocurrency is struggling to hold onto its recently-reclaimed levels. Major resistance...Continue Reading

Manchester City fans will also have a chance to win season tickets in the OKX Hospitality Box via scanning QR codes on street art commissioned by the crypto exchange. Crypto exchange OKX has announced that it has made a deal with English Premier League (EPL) champions Manchester City to become the team’s training kit sponsor...Continue Reading

Projects formerly running on the fallen Terra blockchain have collaborated to help each other migrate over to the Polygon layer-two network. More than 48 different crypto projects formerly based on the failed Terra ecosystem have found a resurgence by migrating over to Polygon.  Polygon Studios CEO Ryan Wyatt expressed delight at his network’s ability to...Continue Reading

The embattled platform continues to wind down its debts to decentralized finance (DeFi) lending protocols, having just paid off 20 million USDC to Aave. Crypto lending platform Celsius has reportedly hired lawyers from Kirkland & Ellis LLP to advise on its restructuring options — the same firm that assisted Voyager Digital with its bankruptcy filing...Continue Reading

Interest in Axie Infinity appears to be picking up again following the launch of its new NFT land staking feature and ongoing upgrades to the Origin battle game mode. Play-to-earn (P2E) Metaverse game Axie Infinity appears to be on the mend, with its NFT sales volume pumping 205% over the past seven days. The project’s...Continue Reading

It’s unclear whether the potential lawsuit will eventually see Musk purchasing the platform at the previously agreed price, at a new price, or not at all. Social media platform Twitter is reportedly looking to file a lawsuit as early as this week against Telsa CEO Elon Musk after he announced his intention to pull out...Continue Reading

CoinFLEX is moving quickly to retrieve as much liquidity as it can from a debacle that has left it $84 million short due to a delinquent account held by an unnamed whale. Crypto investment platform CoinFLEX is moving forward with its plan to reclaim $84 million in funds by starting arbitration procedures in Hong Kong...Continue Reading

Bitcoin has historically seen its price down from previous highs for more than three years, and the latest peak took place just seven months ago. Bitcoin (BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021. June 2022 has...Continue Reading

ETH price saw a brief breakout following the successful merge on the Sepolia testnet, but analysts say the altcoin’s failure to flip $1,300 to support hints at further downside. The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful completion of its second-to-last major Merge...Continue Reading