SEC Halts Grayscale Large Cap Fund Approval for ‘Review’

The U.S. Securities and Exchange Commission’s leaders are reviewing the agency’s recent approval of a Grayscale effort to convert a fund into an exchange-traded fund (ETF), a letter dated July 1 said. The SEC allowed Grayscale to uplist the Digital Large Cap Fund (GDLC), which holds $755 million in...
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Binance Dominates Bitcoin Futures with 87% Taker Volume: CQ

Fresh data from the on-chain analytics platform CryptoQuant shows Binance now commands 87% of global taker buy volume in Bitcoin (BTC) futures. This figure dwarfs the combined activity of major competitors like OKX, Deribit, BitMEX, and Bybit, which together account for only about 10%. Taker Volume Signals Market Supremacy...
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XRP Spikes 3% As Ripple Applies For US Banking License

Ripple (CRYPTO: XRP) is joining the ranks of crypto firms seeking greater legitimacy and regulatory clarity by applying for a national banking license with the U.S. Office of the Comptroller of the Currency. The move would shift oversight of Ripple’s stablecoin, RLUSD, from New York state regulators to federal...
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