Grayscale victory doesn't help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline.

Grayscale victory doesn't help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline.
Harvard scholar Christine Kim writes that income and wealth in the metaverse should be subject to immediate taxation.
Harvard scholar Christine Kim writes that income and wealth in the metaverse should be subject to immediate taxation.
Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether.
The United States' equities markets are on a recovery path. The S&P 500 Index (SPX) surged 2.50% last week to record its best week since June. Even though Bitcoin (BTC) also attempted a relief rally, the bulls could not sustain the higher levels. In the end, Bitcoin finished the week with a marginal loss of 0.5%.
One of the main reasons Bitcoin gave back its gains was because the Securities and Exchange Commission delayed its decision on all spot Bitcoin exchange-traded fund applications. However, this has not dented the expectations of analysts.
In a recent note, JPMorgan analysts said that the regulator will eventually approve several Bitcoin ETFs.
Daily cryptocurrency market performance. Source: Coin360The short-term price action in Bitcoin remains in flu. But that has not deterred the long-term investors who have held onto their stockpile. Glassnode data shows that the currently mined supply dormant for three years or more has hit a new high of 40.538%.
Could Bitcoin break out of its range in the next few days? What are the important levels to watch out for? Let’s analyze the charts to find out.

Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown.
Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown.
Tharman Shanmugaratnam has served as Singapore's finance minister and the head of the country's financial regulator during his time in government.
BTC derivatives flipped bearish after Bitcoin failed to establish bullish momentum despite the heightened spot ETF prospects.
Cryptocurrency exchange Bybit has released a free AI-powered trading assistant delivering insights from the platform’s market data.
Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it's now been sent back for amendments.
Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it's now been sent back for amendments.
The officials in the U.K. released their priorities for the upcoming global AI summit during which they plan to focus on risk and policy.
Despite BlackRock’s application for a Bitcoin spot ETF, its approval remains uncertain, with the SEC favoring another futures-based Ether ETF.
Cristiano Ronaldo was asked if he currently owns any NFTs and if he plans to release more NFT collections.
The Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services.
The Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services.
Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services.
The cybersecurity bill's latest version reportedly contains ways to "track and neutralize" crypto and digital assets stolen by North Korea, according to a local media report.
Binance' product lead Mayur Kamat says he is passing the baton to “next gen leaders” to take some time off after years of product work.
