Articles

  • 22 hours ago | coingape.com | Boluwatife Adeyemi

    Highlights VanEck, 21Shares, and Canary Capital sent a letter to the SEC, requesting that the Commission reinstates the first-to-file approval rule for S-1s. The crypto ETF issuers stated that this will reaffirm the Commission's commitment to creating a vibrant and competitive financial marketplace. The SEC is known to have approved all applications for a Spot Bitcoin ETF and Spot Ethereum ETF at the same time.

  • 1 day ago | coingape.com | Boluwatife Adeyemi

    Highlights Gemini has filed its draft registration statement for its IPO with the US SEC. The exchange has yet to determine how many Class A common stock it will offer or the price range. Meanwhile, the IPO is expected to occur after the SEC review process. Crypto exchange Gemini has made another step towards its proposed US IPO, filing a draft S-1 with the US Securities and Exchange Commission (SEC).

  • 1 day ago | coingape.com | Boluwatife Adeyemi

    Highlights Trump urged "too late" Jerome Powell to cut rates by 1% from the current benchmark 4.25% to 4.5% interest rate. The president alluded to the fact that Europe has cut rates 10 times this year while the Fed is yet to make any. He asked the Fed to cut rates and approved them to raise it again if inflation comes back. CME FedWatch data shows there is a 99% chance that interest rates will remain unchanged following the June FOMC meeting.

  • 1 day ago | coingape.com | Boluwatife Adeyemi

    Story Highlights MSTR stock has gained over 2% today following the drop below $370 on June 5. This comes following Strategy's upsized STRD IPO offering. Saylor's company plans to raise $1 billion from the offering to buy more Bitcoin. The MSTR stock is back in the green after it closed the June 5 trading session down over 2%, as the Bitcoin price also dropped to as low as $100,000.

  • 1 day ago | coingape.com | Boluwatife Adeyemi

    Highlights Samson Mow advised Elon Musk to go all in on Bitcoin, by allowing Tesla to adopt a BTC Strategy. He also urged the world's richest man to allow SpaceX offer discounts on launches paid in BTC. This comes amid the Tesla stock crash, caused by the world's richest man feud with Donald Trump. Bitcoin maximalist Samson Mow has made an interesting proposition to the world’s richest man, Elon Musk.

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