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07/12/24 | Mt. Gox Bitcoin Transfers, Ethereum ETFs Progress, Solana ETFs Speculation, Outcome of Paxos's Investigation, Failure of SAB 121 Repeal
In this episode of AltXCrunch, we bring you the latest updates from the world of cryptocurrency and blockchain. Mt. Gox recently moved $2.7 billion worth of Bitcoin to a new wallet as part of its creditor repayment plan, impacting Bitcoin's market dynamics. Meanwhile, asset management firms like VanEck and 21Shares are advancing with revised registrations for Ethereum ETFs, potentially launching trading by mid-July.VanEck and 21Shares have also filed forms for Solana ETFs, awaiting SEC decisions possibly influenced by the upcoming U.S. elections. The SEC's conclusion that Paxos' BUSD stablecoin is not a security provides clarity amidst regulatory discussions.Legislatively, the U.S. House failed to override President Biden's veto on a bill affecting crypto custody regulations, maintaining current SEC guidelines. Stay tuned with Mackenzie on AltXCrunch for more insights into alternative finance and crypto developments.
For any questions or comments, please feel free to share your thoughts with us: https://open.firstory.me/user/clu9fc7oo00h5011h1msqew8g/comments
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AltXCrunch is powered by ALTINVEST, a state-of-the-art Al based Intelligent Strategic Lending Bot that can maximize lending profit with minimal efforts.
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By ALTINVESTIn this episode of AltXCrunch, we bring you the latest updates from the world of cryptocurrency and blockchain. Mt. Gox recently moved $2.7 billion worth of Bitcoin to a new wallet as part of its creditor repayment plan, impacting Bitcoin's market dynamics. Meanwhile, asset management firms like VanEck and 21Shares are advancing with revised registrations for Ethereum ETFs, potentially launching trading by mid-July.VanEck and 21Shares have also filed forms for Solana ETFs, awaiting SEC decisions possibly influenced by the upcoming U.S. elections. The SEC's conclusion that Paxos' BUSD stablecoin is not a security provides clarity amidst regulatory discussions.Legislatively, the U.S. House failed to override President Biden's veto on a bill affecting crypto custody regulations, maintaining current SEC guidelines. Stay tuned with Mackenzie on AltXCrunch for more insights into alternative finance and crypto developments.
For any questions or comments, please feel free to share your thoughts with us: https://open.firstory.me/user/clu9fc7oo00h5011h1msqew8g/comments
---
AltXCrunch is powered by ALTINVEST, a state-of-the-art Al based Intelligent Strategic Lending Bot that can maximize lending profit with minimal efforts.
Unlock your passive income 👉 https://reurl.cc/rrma7k
Powered by Firstory Hosting