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Elon Musk’s X Has Licenses in Multiple U.S. States to Process Payments, Including Crypto

Elon Musk’s social media platform X, formerly Twitter, has obtained money or currency transmitter licenses in seven U.S. states.

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Author: Sandali Handagama

SEC Could Prepare Alternative Arguments to Reject Spot Bitcoin ETFs: Berenberg

Coinbase’s potential involvement in spot bitcoin ETFs could serve as part of the SEC’s reconfigured arguments for rejecting the applications, the report said.

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Author: Will Canny

Scores of Friend.tech Users Remain Active Even as Trading Volumes Drop 95%

Falling revenues have led some market commenters to say the platform has “gone dead.” But has it?

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Author: Shaurya Malwa

Bitcoin Holdings on Crypto Exchanges Dwindle to 2M, Fewest Since January 2018

The number of BTC held in wallets tied to crypto exchanges has declined by 4% this month, data tracked by CryptoQuant show.

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Author: Omkar Godbole

Binance to ‘Gradually’ End Support for BUSD Products

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Author: Jamie Crawley

Bitcoin Starts to Retrace Grayscale-Fueled Gain; SOL, XRP, DOT Lead Majors Slide

The CoinDesk Market Index, a weighted index of over 100 tokens, fell 0.71% in the past 24 hours, suggesting profit-taking across the board.

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Author: Shaurya Malwa

Gemini Opposes Genesis Bankruptcy Plan: ‘Woefully Light on Specifics’

Attorneys for crypto exchange Gemini argued that a proposed resolution for Genesis’ bankruptcy doesn’t have enough detail or provide any assurances for some if its largest debtors in a new filing Wednesday.

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Author: Nikhilesh De

Grayscale’s SEC Victory May Render Alameda’s Redemptions Lawsuit Unnecessary, Bloomberg Analysts Say

The ruling could lead to Grayscale’s GBTC converting into a bitcoin ETF, which would allow redemptions, making Alameda’s suit unnecessary, Bloomberg Intelligence analysts said in a note on Wednesday.

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Author: Ian Allison

Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win

Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.

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Author: Krisztian Sandor

Save a Tree, Use Web3

Distributed technologies can reshape supply chains, and help consumers and businesses to make more responsible decisions.

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Author: Marc Johnson


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