JP Morgan believes SEC will be forced to approve Bitcoin ETFs after losing case against GrayscaleJP Morgan analysts predict the SEC will approve spot Bitcoin exchange-traded funds after losing its court case against Grayscale.
Happy Monday!The global crypto market cap is $1.04 trillion, with a 24-hour volume of $24.08 billion. The price of Bitcoin is $25,812.18, and BTC market dominance is 48.4%. The price of Ethereum is $1,626.05, and ETH market dominance is 18.8%. The best-performing sector is Yield Farming, which gained 8%. The Crypto Fear & Greed Index is currently Fear (40). Top News
JP Morgan believes SEC will be forced to approve Bitcoin ETFs after losing case against GrayscaleJP Morgan analysts predict the SEC will approve spot Bitcoin exchange-traded funds after losing its court case against Grayscale. Ripple files motion to block SEC appeal attemptRipple's legal team argued in the filing that the court should reject the SEC's certification request as it does not meet the exceptional requirements needed to secure approval for an interlocutory appeal. More than half of Turkey has turned to crypto amid rapid currency devaluation – KuCoin reportThe survey was conducted in May 2023 and found that found that 52% of Turkish adults aged 18 to 60 have invested in cryptocurrencies, a 12% increase from 40% in November 2021.
More NewsSolana co-founder backs Ethereum amid MakerDAO fork considerationEthereum co-founder Vitalik Buterin sold all his MakerDAO's MKR tokens in reponse to the news. London Stock Exchange to pioneer blockchain-based trading venue for traditional assetsLSE does not intend to build anything around cryptocurrencies despite its dalliance with blockchain technology. Binance-backed BUSD circulating supply drops to less than $3BBinance has been urging its users to use alternative stablecoins with BUSD's demise now imminent. $2.8 billion traded in Digital Asset ETPs this week as outflows slowMinor crypto market cooldown countered by robust Bitcoin inflows, trading volume surge. Bitcoin enters September with diminished market leverageDecreased market leverage reflects growing caution among Bitcoin traders.
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