Approval is a Matter of If, Not When

Grayscale Investments CEO Michael Sonnenshein has expressed optimism on the prospects of securing approval in its Bitcoin spot Exchange Traded Fund (ETF) pursuit. When asked whether he knew anyone who would want to invest in a Bitcoin ETF, he answered in the affirmative, noting that the approval is a matter of when, not if. Grayscale…

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U.S. Rep Mentions XRP Legal Status as Non-Security

U.S. Congressman Tom Emmer earmarked Ripple’s court victory against the SEC as a sterling example of regulatory abuse by the agency. In July, payment-focused crypto company Ripple secured a landmark victory against the United States Securities and Exchange Commission (SEC). U.S. District Court Judge Analisa Torres ruled that secondary sales of XRP may be considered…

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VC Spectra, Terra LUNA, And dYdX

Terra (LUNA) is currently grappling with a new SEC lawsuit alleging that the blockchain network was involved in fraudulent activities. dYdX (DYDX) experienced a bearish rally after the DeFi network unlocked tokens worth $505 million. Amid these developments, investor sentiment has surged around VC Spectra (SPCT) following its unexpected spike to $0.077, making it a…

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