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US Supreme Court to Hear Nvidia’s Bid to Dismiss Crypto-Related Lawsuit

The U.S. Supreme Court has agreed to hear Nvidia’s appeal to dismiss a securities fraud lawsuit accusing the company of misleading investors about its sales to the cryptocurrency industry. Nvidia’s…

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Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares

Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus…

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Cumberland Earns Bitlicense, Bolstering Institutional and OTC Crypto Services

According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial…

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Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses

While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto…

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Ethereum Technical Analysis: ETH Faces Mixed Signals Amid Short-Term Downtrend

On June 17, 2024, ethereum is priced at $3,521, fluctuating between $3,495 and $3,645 over the past 24 hours. Ethereum On the 1-hour chart, ethereum’s (ETH) recent high is $3,652,…

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SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds (ETFs) to launch this summer. The SEC is still working…

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Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence

Paul Ryan, a former speaker of the House of Representatives, has assessed the possible role that stablecoins will play in fighting an upcoming U.S. debt crisis. According to Ryan, the…

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Crypto Sector Secures $317M in Venture Capital Deals in Early June

With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a…

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