China News Official TheBitTimes.com

Key takeaways Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF). Shiba Memu’s presale has now officially surpassed the $3.5 million mark. The cryptocurrency market has underperformed over the last few hours, but that hasn’t halted investors’ interest in several crypto projects. Shiba Memu’s presale has now officially surpassed the $3.5 million mark, and the team is close to reaching its target for this round.  Grayscale takes another bold step in the market Grayscale Investments announced a few hours ago that it has partnered with  NYSE Arca to file for approval from the U.S. Securities and Exchange Commission (SEC) to  convert the Grayscale Ethereum Trust (ETHE) to a spot ethereum ETF . At the moment, the company’s Ethereum Trust is the largest Ether investment product in the world, with nearly $5 billion in assets under management. Grayscale made a similar move wi...

Binance said after carefully considering feedback from the community and several projects it revised operations to comply with EU standards. Binance has decided to reverse its plan to delist a number of privacy coins in Europe after it said it has revised operations in order to comply with local regulations.  In a comment from the cryptocurrency exchange recevied on June 26, Binance said that: "After carefully considering feedback from our community and several projects, we have revised how we classify privacy coins on our platform to comply with EU-wide regulatory requirements." It also commented that since it operates as an exchange registered in various EU jurisdictions, it is “obliged” to follow local regulations that require exchanges to, “be able to monitor transactions for coins listed on our platform." Initially, Binance was to delist privacy tokens for users in France, Italy, Spain and Poland, rendering them no longer able to buy or sell 12 privacy tokens be...

Mar 27, 2023 at 08:39 // Price Author Coin Idol This week saw a series of downward moves in cryptocurrencies. As cryptocurrencies OP, IMX and ARB are in the downtrend zone, there is a risk that they will fall further. On the other hand, CFX and STX could regain their previous highs as long as cryptocurrencies move above the moving average lines. Later, we will discuss a handful of these other coins in more detail. Arbitrum Arbitrum (ARB) is in a sideways trend but has climbed above the 50-day line SMA. The crypto currency 's value fell from a high o...