Grayscale’s court win over the U.S. securities regulator will help keep crypto innovation in America, Republican presidential hopeful Vivek Ramaswamy is convinced. While praising the “strong decision,” Ramaswamy also commented that the case should have never reached the courts. Federal Courts Are the Only Line of Defense Against Shadow Government, Ramaswamy Says The court ruling […]
Bitcoin, Ethereum Technical Analysis: BTC Jumps Above $28,000, as Markets Remain Buoyed by Grayscale Court Win
Bitcoin climbed over the $ 28,000 level late on Tuesday, as markets reacted to the news that Grayscale had won its battle with the SEC. The ruling over the U.S. Securities and Exchanges Commission boosted crypto prices across the board, with bulls returning to action. Ethereum also surged, moving above $ 1,700. …
Biggest Movers: BNB Jumps 5% Higher, as Grayscale Wins Battle With SEC
BNB surged this afternoon, as markets reacted to the news a court in the United States was siding with Grayscale in its case with the Securities and Exchange Commission (SEC). The court said the SEC was wrong to deny Grayscale permission to migrate its bitcoin product into an ETF. Toncoin also rallied, hitting its strongest […]
Court Rules in Favor of Grayscale Against SEC in Bitcoin ETF Conversion Lawsuit
A D.C. court has ruled in favor of Grayscale, the largest crypto asset manager, in its lawsuit challenging the U.S. Securities and Exchange Commission’s decision to deny the conversion of GBTC to a spot bitcoin exchange-traded fund (ETF). The securities regulator “failed to explain its different treatment of similar products,” said the Circuit judge presiding […]