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SEC, Ripple case nears conclusion, Grayscale withdraws ETF filing, and more: Hodler’s Digest, May 5-11

SEC files final response in its case against Ripple, Grayscale withdraws futures ETH ETF filing, and dormant BTC wallet wakes up after 10 years.

Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain

She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”

OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

The game is currently available in early access on the Epic Games Store.

Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.

JPMorgan’s Onyx to industrialize blockchain PoCs from Project Guardian

Traditional firms like JPMorgan and WisdomTree are seeking to turn Project Guardian’s blockchain proofs-of-concept into scalable financial products.

Interpol Nigeria boosts cybersecurity with virtual asset training

The training will enable officers to effectively address cybercrimes involving virtual assets, particularly stablecoins.

Bitcoin halving 'danger zone' has 2 days left with BTC price retesting $60K

Bitcoin has almost completed its prime BTC price drawdown phase after April’s halving, the latest analysis confirms.

What is cryptocurrency insurance, and how does it work?

Learn how cryptocurrency insurance protects your digital assets from theft, hacks and other risks. Understand the coverage options and how this specialized insurance works.

ARK and 21Shares drop staking plans from Ethereum ETF proposal

Bloomberg ETF analyst Erich Balchunas suggests the update may be a response to potential SEC feedback despite no official comments.

Binance under FRA's surveillance for next 3 years: Report

International consultancy firm Forensic Risk Alliance will reportedly closely oversee all compliance activities of cryptocurrency exchange Binance.

SEC insists that Coinbase 'just does not like the answer'

The United States SEC argues that “having made the weather, Coinbase cannot claim that it is now raining.”

Mark Cuban advocates for CFTC to regulate 'all crypto' ahead of US election day

Billionaire investor Mark Cuban says that assigning all authority to the CFTC "could solve" the problem of vocal crypto voters for current United States president Joe Biden.

‘Open-source’ CBDCs aren’t going to protect you from government

Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people.

JPMorgan reports holding shares of several spot Bitcoin ETFs

The largest bank in the U.S. with $2.6 trillion in assets reported to the SEC that it had purchased roughly $760,000 worth of shares of Bitcoin ETFs.

WBTC address poisoner sends nearly all funds back to victim after negotiations

Blockchain data shows that nearly 23,000 ETH was transferred into the victim’s account after negotiations opened on May 10.

Crypto Biz: SEC targets Robinhood, Grayscale’s Ethereum ETFs, and more

This week’s Crypto Biz features Robinhood’s Wells notice, Grayscale’s Ether ETF application, Coincheck’s merger deal and Block’s billionaire debt offering.

House expected to vote on crypto bill offering SEC, CFTC clarity in May

The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives.

Solana fees to surpass Ethereum, trader loses over $1M due to hard fork: Finance Redefined

Is Solana living up to its so-called “Ethereum-killer” status? And one trader was left over $1 million poorer due to a hard fork.

3 reasons why traders put an $800 target on BNB price

BNB price continues to show strength, leading traders to place an $800 price target on the Binance exchange token.

Bitcoin price flash crash raises chance of BTC dip to $54K

Bitcoin price drops more than 2% in an hour, leading to $127 million in long liquidations.

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