Grayscale Zcash ETF Filing Advances as ZEC Price Rises

Grayscale has taken another step toward launching a spot Zcash ETF in the United States after updating its registration paperwork with the U.S. Securities and Exchange Commission (SEC). The asset manager filed Amendment No. 4 to its Form S-3 registration statement, bringing the proposed Grayscale Zcash ETF closer to a potential NYSE Arca listing. Grayscale […]

CFTC Bans Caroline Ellison From Trading for 5 Years Over FTX

Caroline Ellison and Gary Wang received multiyear CFTC bans under final orders resolving their FTX-related civil cases. The regulator cited extensive cooperation and declined to seek restitution, disgorgement or civil penalties at this time. CFTC Finalizes Multiyear Restrictions The Commodity Futures Trading Commission (CFTC) announced Aug. 19 that former Alameda Research CEO Caroline Ellison and […]

Bitcoin Breaks $66,500 as ETF Inflows and US Crypto Policy Fuel Rally

Bitcoin surged above $66,500 for the first time since July, supported by fresh US crypto regulatory developments, renewed spot Bitcoin ETF inflows and a significant technical breakout. Bitwise Chief Investment Officer Matt Hougan described the latest developments as creating an increasingly bullish environment for Bitcoin and the broader cryptocurrency market. One major catalyst was the […]

Binance to Delist LTC, SUI and Five Other Spot Trading Pairs

Binance has announced plans to delist seven spot trading pairs, including pairs involving major cryptocurrencies Litecoin (LTC) and Sui (SUI), as part of its latest market review. According to the crypto exchange, trading for the affected Binance spot trading pairs will end on August 21 at 03:00 UTC. The pairs scheduled for removal are F/USDC, […]