Bitcoin Slides Back to $26K as Euphoria From Grayscale’s Win Fades: SantimentÂ
Bitcoin has retraced its steps after plenty of push and pull by news of the Grayscale win.
Bitcoin has retraced its steps after plenty of push and pull by news of the Grayscale win.
Though unlikely, the SEC may respond to its defeat by rescinding past approvals for Bitcoin futures ETFs.
The Grayscale/SEC legal battle "should have never reached the courts in the first place," Ramaswamy opined.
The SEC has now been put on the back foot which, in turn, dramatically improved chances for the approval of
If the SEC continues to drag the launch of a spot Bitcoin ETF, it might face another lawsuit.
The last time Bitcoin's trading volume jumped above $30 billion was during the crypto crash on August 17.
The SEC has 45 days to appeal the court’s ruling, but Grayscale remains prepared to fight.
The SEC's loss to Grayscale has caused Rep. Warren Davidson to renewed calls for Gensler's removal.
Bitcoin supply available on crypto exchanges had increased before the pivotal court ruling in favor of Grayscale.
Crypto market analysts have turned bullish overnight following Grayscale’s court victory against the Securities and Exchange Commission.Â