After a significant rally in the last two days, the asset’s price has retreated below the daily resistance level of $25k. In the last couple of days, Bitcoin has enjoyed a significant price rally to f...
Tag: Rejects
SEC’s Gensler rejects crypto’s threat to move overseas
Gary Gensler is the current chairman of the SEC, appointed by President Joe Biden in April 2021. The regulation of cryptocurrencies has been a topic of debate lately concerning fraud, money laundering...
SEC Rejects VanEck Spot Bitcoin Trust Proposal
The United States Securities and Exchange Commission has denied a proposal by investment manager VanEck for the creation of a spot Bitcoin trust, a financial product that would allow investors to trad...
SEC rejects VanEck’s spot BTC ETF application, yet again
The U.S. SEC on 10 March rejected the investment manager VanEck’s application to create a spot Bitcoin exchange-traded product (ETP). The SEC alleges that no exchange has so far demonstrated its fund’...
rejects class action suit against FTX- The Cryptonomist
The FTX exchange has recently come under fire from investors with several proposed class action lawsuits against the now-bankrupt crypto company. This attempted class action comes from investors who a...
Why Senegal rejects the CFA and is warming to Bitcoin: video
Cointelegraph goes to Senegal, West Africa. The medium-sized African nation recently hosted a Bitcoin conference (BTC) and more and more merchants and customers are joining the Lightning Network. Arm...
Judge Torres Rejects SEC Motion to Put Down Expert Testimony
On Monday, March 6, Defense attorney James Filan shared the latest ruling from Judge Analisa Torres in the ongoing Ripple vs SEC battle. During the recent hearing, Judge Torres granted and denied moti...
MakerDAO Rejects $100 Million Loan To Cogent Bank –
Join Our Telegram channel to stay up to date on breaking news coverage The MakerDAO community has turned down Cogent bank’s proposal to borrow $100 million from the platform. According to the decentra...
Court Rejects Immunity For Police Who Held 83-Year-Old Grandmother At Gunpoint
An 83-year-old woman who was held at gunpoint and handcuffed after her car was wrongly reported as stolen can sue the officers responsible, the Ninth Circuit U.S. Court of Appeals ruled earlier this m...
The Fed Rejects Custodia Bank’s Membership Application
Custodia Bank, a bank that deals in cryptocurrencies, asked the United States Federal Reserve to reconsider its membership application to the Federal Reserve System. However, the United States Federal...
Blockchain Association Rejects Court’s Securities Ruling on Private Blockchains
Following the decision of a federal judge to allow a lawsuit against Dapper Labs’ NBA Top Shot nonfungible tokens (NFTs) to go forward, the chief legal officer of the Blockchain Association stat...
US Judge Rejects Dapper Labs’ NBA Top Shot NFT Lawsuit Motion
A U.S. district court judge has rejected Dapper Lab’s motion to dismiss a lawsuit against it. The lawsuit concerns the NBA Top Shot NFTs and alleges that the latter is a security. The NBA Top Shot NFT...
Bitcoin levels to watch as BTC price rejects at key $25K trendline
Bitcoin (BTC) climbed back above $24,000 at the Feb. 17 Wall Street open as analysis favored “consolidation and continuation” higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoi...
Bankruptcy Judge Rejects New Investigation into FTX Collapse
A bankruptcy judge on Wednesday rejected calls for a new, independent investigation into the collapse of FTX. Reuters reports that Judge John Dorsey of the United States Bankruptcy Court for the Distr...
Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch
On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to fight against the corruption that contributed to hyperinflation in the i...
Sri Lanka Rejects Billionaire Tim Draper’s Proposal of Bitcoin Adoption
37 mins ago | 2 mins read Bitcoin News Tim Draper sought to persuade the government and central bank to accept bitcoin. Sri Lanka’s GDP shrank by 8% in 2022 and its benchmark inflation rate was 54.2% ...
John Deaton Rejects XRP Buyback Plan – Find Out Why!
A renowned attorney, John E. Deaton, has taken to Twitter to clarify his stance on Jimmy Vallee’s XRP buyback proposal. The proposed terms of the XRP buyback mentioned making a payment to the attorney...
AVAX rejects $22 as correction reinstates – Cryptopolitan
The Avalanche price analysis right now is negative. Bulls succeeded in extending the positive trend yesterday by trying to enhance the coin’s value, but the price increase was modest. However, their b...
Sri Lanka’s central bank rejects cryptocurrency push from Tim Draper – Cryptopolitan
Billionaire investor and Bitcoin advocate Tim Draper made an unexpected visit to the Central Bank of Sri Lanka to promote cryptocurrency as a weapon against corruption. Still, he faced a hostile recep...
Sri Lanka rejects billionaire Tim Draper’s Bitcoin pitch to tackle corruption
Tim Draper, a prominent cryptocurrency advocate, and billionaire investor faced unexpected resistance during his recent visit to Sri Lanka. The Silicon Valley entrepreneur was in the country to film a...
Bitvavo Crypto Exchange Rejects 70% Repayment Plan from DCG
Bitvavo – a Dutch bitcoin exchange – has rejected a proposal from the Digital Currency Group (DGC) headed by Barry Silbert to repay approximately 70 percent of the debt owed to it by Genesis Trading. ...
Fed rejects crypto bank’s application to join U.S. payment system
The Federal Reserve Board on Friday rejected a Wyoming-based crypto-centric bank’s application to become a member of the central bank’s exclusive payment system. In a press release, the Fed said the f...
U.S Federal Reserve Rejects Custodia Bank’s Membership Application
60 mins ago | 2 mins read Bitcoin News Custodia, formerly known as Avanti Bank has been waiting almost 18 months. The Wyoming-based bank sued the Federal Reserve in June 2022. Custodia Bank’s applicat...
SEC Rejects Another Spot Bitcoin ETF Bid by ARK and 21Shares
Another day, another refusal by the Securities and Exchange Commission (SEC) to allow a Bitcoin spot ETF to launch in the United States. The latest rejected proposal came from Cathie Wood’s ARK Inves...
U.S. SEC Once Again Rejects ARK Invest’s Proposal for a Spot Bitcoin (BTC) ETF
The U.S. Securities and Exchange Commission (SEC) has turned down another attempt to launch a spot Bitcoin (BTC) exchange-traded fund proposed by Cathie Wood’s ARK Invest and global crypto ETF provide...
SEC Rejects Bitcoin Spot ETF Proposal of Ark Invest and 21Shares
8 hours ago | 2 mins read Bitcoin News The SEC has approved the introduction of several Bitcoin futures ETFs in the past. Institutions would be able to bypass internal charter restrictions as per SEC....
Florida Rejects AP African American Studies Course—Here’s What It Actually Teaches
Topline Florida has drawn widespread controversy for rejecting an AP African American Studies course that Gov. Ron DeSantis (R) and his administration claim “lacks an educational purpose” and pushes a...
Former FTX U.S. CEO Sam Bankman-Fried rejects liquidators’ claim of recovered assets
Sam Bankman-Fried, the founder and former chief executive of FTX U.S., has rejected claims by the company’s current leadership made in a presentation on Tuesday that the team has only recovered US$181...
Court rejects Elon Musk’s request to move Tesla shareholder trial out of San Francisco
A federal judge has denied Elon Musk’s request to move his upcoming trial against a group of Tesla shareholders to Texas, according to Bloomberg (via The Verge). On January 7th, less than two weeks be...
Bitvavo Rejects DCG’s 70% Debt Repayment Offer
The cryptocurrency exchange Bitvavo, which is a significant creditor of the financially challenged cryptocurrency startup Digital Currency Group (DCG), has rejected DCG’s proposal of partial deb...