Author: Crypto Insider

The launch of United States-based spot Ether exchange-traded funds (ETFs), which many expected to occur as early as July 2, has been delayed by the U.S. Securities and Exchange Commission (SEC). According to Bloomberg ETF analysts Eric Balchunas and James Seyffart, the SEC has taken additional time to return the S-1 forms submitted by prospective…

The ratio of active Bitcoin addresses has plummeted to its lowest level since November 2010, according to onchain data from IntoTheBlock. In June, the weekly active wallet ratio dropped to a low of 1.22% while peaking at 1.32%. The month’s highest ratio was last seen in November 2010. Additionally, the total number of active wallets…

Cryptocurrency exchange Binance has failed to convince a United States court to dismiss most claims made against it by the country’s securities regulator. Claims related to Binance’s staking program, the sale of BNB after its initial coin offering and anti-fraud violations will proceed, Judge Amy Berman Jackson stated in a June 28 court filing. The security regulator’s claim…

The number of Bitcoin “whole-coiners” — a name given to addresses holding one or more Bitcoin — has remained above 1 million for the last 13 months. The one million “wholecoiner” milestone was first reached on May 13, 2023, when Bitcoin was trading at just $27,000, according to data from Glassnode. This number of wholecoiner wallet addresses reached…

Binance, the world’s largest cryptocurrency exchange, has introduced new security measures to prevent the misuse of account features and enhance the platform’s integrity. The decision follows the discovery of account misuse, which has given certain users unfair advantages. The new measures aim to create a healthy and sustainable market environment that prioritizes the interests of all users….

Crypto and blockchain lawyer Irina Heaver believes newly-released regulations in the United Arab Emirates (UAE) may prohibit crypto payments in the country. On June 5, the board of directors of the Central Bank of the United Arab Emirates (CBUAE) discussed projects under the country’s financial infrastructure (FIT) program, an initiative to boost digital transformation. In…