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Genesis Global Capital Can Sell $1.3B Stake in Grayscale’s Bitcoin Trust
Genesis Global Capital has received approval to sell its $1.3 billion stake in Grayscale's Bitcoin Trust (GBTC). The green light came from Judge Sean Lane after Genesis sought permission to sell its investments. This move allows Genesis to convert its... -
UK Regulator Issues 450 Alert On Illicit Crypto Promotions
On February 14, 2023, the Financial Conduct Authority (FCA) disclosed in a press release the actions it has implemented to combat illicit financial promotions. The FCA, UK's financial regulatory body, issued 450 consumer alerts in the last quarter of 2023,... -
US Treasury Official Request More Authority to Combat Crypto Crime
Brian Nelson, a U.S. Treasury official, has voiced concerns regarding the role of cryptocurrency in facilitating illicit financial activities. He intends to delineate the agency's worries to members of the House and advocate for increased authority to combat nefarious actors.... -
Robinhood Stock Rises on Q4 Revenue Beat and Surprise Profit
Robinhood (NYSE: HOOD) stock is trading higher in US postmarket price action today after the company reported its Q4 earnings which showed that it not only topped revenue estimates in the quarter but also posted a surprise profit in the... -
Binance Founder Changpeng Zhao’s Jail Term Postponed Till April
Binance founder Changpeng Zhao’s sentencing has been moved to April 30 from the initial date of February 23. Zhao, charged with money laundering, could serve up to 18 months in prison. However, U.S. prosecutors are pushing for a longer sentence.... -
Joe Biden’s ‘Laser Eyes’ Meme Post-Super Bowl Sparks Crypto Speculation
Amidst the Super Bowl aftermath, President Joe Biden's social media post unexpectedly sparked speculation within the crypto community. Crypto enthusiasts speculate Biden's "laser eyes" photo on X implies Bitcoin advocacy despite its seemingly unrelated context. Joe Biden Laser Eyes Meme... -
Musk Faces Another Setback as Judge Orders Him to Testify in Twitter Probe
Tesla CEO Elon Musk is no stranger to controversies but his legal woes have worsened in 2024 after a judge ordered him to testify in the SEC’s Twitter probe. The move comes days after a Delaware court voided his 2018... -
Republicans Criticize SEC’s DEBT Box Approach Ahead of 2024 U.S. Elections
Republican legislators have penned a letter to the U.S. Securities and Exchange Commission (SEC), expressing concerns about evidence misinterpretations in the DEBT Box case. The legislators believe the SEC's conduct raises doubts about past enforcement actions and future crypto regulations... -
Best Cryptocurrencies To Buy Today (9th February 2024) – $RUNE, $BEAM, $FLOW
In a market that's always brimming with potential, identifying the best new cryptocurrencies to invest in can be both exciting and overwhelming. Amidst the vast ocean of digital assets, three coins stand out for their innovative technology and promising use... -
Disney Stock Rises After Q1 Earnings Beat as Streaming Losses Narrow
Disney stock (NYSE: DIS) is trading sharply higher in US premarket price action today after the company beat earnings estimates for the first quarter of its fiscal year 2024 and also reported narrow losses in its streaming business. Disney reported...