According to a court filing, embattled Terraform Labs co-founder Do Kwon wants to delay his Securities and Exchange Commission (SEC) trial to mid-March, pending his extradition to the country from Montenegro. In a Jan. 11 letter to Judge Rakoff, as shared by Inner City Press, Kwon’s legal team revealed that…

Quick Take The dawn of Exchange Traded Fund (ETF) spot Bitcoin trading on Jan. 11, 2023, witnessed a voluminous trade worth $4.65 billion. Market dominators Grayscale Bitcoin Trust (GBTC), BlackRock, and Fidelity, spearheaded the activities, accounting for 50%, 22%, and 15% of the total trade, respectively. GBTC, holding a lion’s…

On Jan. 11, 2024, the first Bitcoin spot ETFs in the U.S. finally launched after years of anticipation. To mark this milestone, CryptoSlate’s team was joined by SwissBorg’s Alex Fazel to share their perspectives. Impact on Bitcoin price The panelists had mixed views on how quickly the ETFs may impact…

Senator Elizabeth Warren asserted on Jan. 11 that U.S. securities regulators incorrectly decided to approve spot Bitcoin ETFs. Warren wrote in a post on X: “The [Securities and Exchange Commission] is wrong on the law and wrong on the policy with respect to the Bitcoin ETF decision. If the SEC…

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The U.S. Securities and Exchange Commission (SEC) said in a Jan. 11 filing that it aims to have Ripple provide certain documents in an ongoing legal case. Specifically, the securities regulator requested a court order compelling Ripple Labs, Inc. to produce financial statements for 2022 and 2023. The SEC also…

Grayscale applied for a Bitcoin covered call ETF on Jan. 11, as seen in a filing from the company and in various external reports. In a statement to Reuters, Grayscale CEO Michael Sonnenshein said: “This should be received as a declaration of not only not just having gotten GBTC to…

Worldcoin verified nearly 16,000 Argentines in a single day in late December, bringing the number of people verified by the platform in the South American country to more than 500,000, or over 1% of its total population. The increased demand is coming at a time when the project’s WLD token…

The newly approved 11 spot Bitcoin ETFs amassed over $4 billion in trading volume on their first day, with Grayscale, BlackRock, and Fidelity Investments accounting for the majority of the volume. The SEC approved 11 spot Bitcoin ETFs on Jan. 11 after years of rejections due to market manipulation concerns,…

Vanguard has restricted its customers from purchasing Bitcoin ETFs, including the popular Grayscale Bitcoin ETF (GBTC), and reportedly plans to ban these products from its platform for being too risky. Vanguard’s decision to ban all Bitcoin ETFs from its platform was first reported by a senior ETF analyst at Bloomberg.…