Posts published on June 27, 2024 go to media archive 3/5

Solana Climbs 8.1% Following Vaneck’s SEC Filing for SOL-Based ETF

Following Vaneck’s application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has appreciated 8.1% against the U.S. dollar. Apart from bitcoin, ethereum, and stablecoins, solana…

Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests

A research firm Coinbase contracted is suing the U.S. Securities and Exchange Commission (SEC) and a federal banking agency, accusing them on Thursday of failing to produce documents under open-records laws that would shed light on the regulators'…

US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest Inflows for Bitcoin ETFs…

Coinbase Sues SEC, FDIC for Transparency on Crypto Regulations

Coinbase has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and Federal Deposit Insurance Corporation (FDIC) to obtain documents on their approaches to cryptocurrency regulation. Coinbase’s chief legal officer…

Despite Fee Reduction, Bitcoin Network Faces Stubborn Transaction Backlog

Bitcoin transaction fees have stayed below $7 since Jun. 9, 2024, and have fallen under $3 in the last five days. Even with this decrease in fees, over 200,000 unconfirmed transactions have persisted in the backlog, as the queue has not come close…