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This Is Low Long Grayscale vs. SEC Battle Over Bitcoin ETF Might Last


A major legal battle between digital asset giant Grayscale Investments and the US Securities and Exchange Commission (SEC) over the rejected application to convert the Grayscale Bitcoin Trust (GBTC), the world's largest BTC fund, to a spot exchange-trading fund (ETF) might last even two years...

UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption


Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300%...

Crypto Exchange Bitso Launches Remittance Service in Colombia


Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...

Short Bitcoin ETF Sees Higher Trading Volume Last Week as Longs Liquidated


The recently-launched short Bitcoin (BTC) exchange-traded fund (ETF) BITI saw higher trading volumes last week compared to its launch week. The peak in volume so far happened as liquidations of leveraged bitcoin long positions reached its highest in close to two weeks.... Read More: Short Bitcoin...

Bank of America’s Active Crypto Users Drop More Than 50% in Bear Market


Bank of America has revealed that the number of its customers who are active crypto users has declined more than 50% from its peak in November last year. In addition, the bank said its data “shows that outflows to crypto platforms have fallen sharply,” indicating that...

EA’s Bad Tweet Last Week Has Led To Roundtable Meetings With Angry Staff


Remember last week? It happened about 34 years ago, so if you don’t, I understand. But last Thursday, the official EA Twitter account tweeted a bad joke about single-player games that led to an internet-wide roasting and eventually an apology from the Battlefield publisher. And apparently, EA...

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty


Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that...

Fantasy Battle Royale Spellbreak Shutting Down, Studio Absorbed By Blizzard


Spellbreak, the magic-based battle royale, is spellbroken, shutting down early next year, developer Proletariat announced in a blog post. Also, the whole studio is getting absorbed by Blizzard, the result of a recent acquisition intended to beef up development on World of Warcraft.Read more

Crypto Losses? Koinly Reveals 5 Tax Hacks You Need Now


PRESS RELEASE. With crypto markets down around 50% in the past month and over 70% from their highs in late 2021, many crypto investors are searching for answers after their profits from the last few years have evaporated into the ether. Following the incredible bull market, crypto investors enjoyed...

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