Crypto Publisher

🇺🇸 US SEC expected to deny spot 🪙 Ether ETFs in May The United States Securities and Exchange Commission (SEC) will most likely deny spot Ether exchange-traded funds (ETF) in May, according to a new report. Reuters reported on April 24 that U.S. issuers and other firms expect the SEC to reject spot Ether ETF applications next month following meetings with the regulator in recent weeks, citing four people who participated in the meetings. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🇪🇺 EU's anti-money laundering bill passes final vote, here's what's next for crypto-asset service providers The European Parliament adopted new rules that would formally put in place due diligence requirements for crypto firms in a bid to combat money laundering. The European Parliament voted on Wednesday to adopt a package of laws that would in part enhance "due diligence measures and checks on customers’ identity" including so-called crypto asset managers. They would also have to report suspicious activities to authorities. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

📣 Robinhood lists SHIB, AVAX, COMP for trading in New York Robinhood has opened trading of Shiba Inu (SHIB), Avalanche (AVAX), and Compound (COMP) for New York residents. The latest batch of listings bring Robinhood's total number of tradable tokens in the Empire State to 11: New Yorkers can buy and sell bitcoin (BTC), ether (ETH), dogecoin (DOGE), Shiba Inu, Avalanche, bitcoin cash (BCH), chainlink (LINK), litecoin (LTC), ethereum classic (ETC), aave (AAVE) and compound, according to the company's email to New York residents, which was seen by The Block. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022. Terraform Labs and Kwon were found liable on civil fraud charges earlier this month, when a Manhattan jury concluded that they had misled investors about the stability of their so-called “algorithmic” native stablecoin, Terra USD (UST), and the use cases for the Terra blockchain. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

🟠 Binance unveils spot copy trading feature in automated strategy tools expansion Binance, the largest crypto exchange by trading volume, is set to roll out a new spot copy trading tool — enabling users to follow and automatically execute the same trades as some of the platform’s top traders. “At Binance, we’re always listening to our users and incorporating their feedback into our products. Our users give us great ideas because, very often, they know what works best for them,” Binance CTO Rohit Wad said in a statement shared with The Block. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitwise: Bitcoin Will Have 'a Great Next 12 Months' Bitwise Asset Management expects bitcoin to have a great next 12 months. A Bitwise researcher has explained that the cryptocurrency will likely continue to test its “higher highs” this year and next. He considers regulatory risk to be the primary concern for bitcoin. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Mt. Gox creditors report bitcoin and bitcoin cash payment update on claims system Multiple Mt. Gox creditors have reported that the trustee has updated claim accounts with bitcoin and fiat repayment data. According to users of the Mt. Gox insolvency subreddit, the Mt. Gox trustee has added specific amounts to be repaid and dates of the completion of repayment to their claim accounts. Multiple screenshots show that the repayment status in the fiat currency repayment claim section is labeled complete. A number of users have claimed that they received fiat currency repayments in their bank accounts. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Mt Gox: Euphoria Hits Community As New Repayment Date Comes Into View Mt Gox may be nearing the final stage of its much-anticipated repayment process to its creditors as the community recently took to Reddit to celebrate the new updates on its website. One Reddit user dubbed Due_Career_4786 stated that the Mt Gox website went down a few days ago due to some suspected technical discrepancies. He precisely mentioned that the glitch was a function of an ongoing update being carried out on the platform. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

💰 Bitcoin Halving, Runes Proliferation Results in Historic Fee Increases, Crypto Community Reacts Onchain fees have soared to their highest level since block height 840,000 and continue to stay elevated. At approximately 9 p.m. ET on Friday, a high-priority fee on the Bitcoin network escalated past the $240 per transfer mark. Currently, fees are hovering around 590 satoshis per virtual byte (sat/vB), which equates to approximately $52 per transfer. The significant increase in fees has generated a considerable amount of discussion within the cryptocurrency community over the past 12 hours. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus

❄️ Tether brings USDT and gold stablecoins to the TON blockchain Stablecoin issuer Tether is launching its U.S. dollar-backed USDT and gold-backed XAUT stablecoins on The Open Network blockchain. USDT on TON will go live on April 20, and XAUT on TON will follow in the coming months, Tether CEO Paolo Ardoino told The Block. While USDT is available on over a dozen blockchains, TON is the second blockchain XAUT is expanding onto after Ethereum, Ardoino said. Source 🔊 Join @Crypto_Publisher 💬 Contact us @Crypto_Marcus