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Grayscale Investments has filed a lawsuit against the US Securities and Exchange Commission (SEC) in less than hour after they had their application to convert its Grayscale Bitcoin Trust product… The post Grayscale Files Lawsuit Against SEC For Rejection of Bitcoin ETF Application appeared first on SuperCryptoNews.

Grayscale Investment enlists the help of Jane Street and Vertu in its bid to convert its Grayscale Bitcoin Trust product into a spot-backed ETF.  The post Grayscale Makes Fresh Attempt at Spot Bitcoin ETF appeared first on SuperCryptoNews.

A massive US$3 trillion household and corporate cash hoard in the U.S. is threatening to complicate U.S. Federal Reserve measures to use interest rates to rein in inflation. The post Massive US$3 trillion Cash Horde Complicates Central Bank Rate Hikes appeared first on SuperCryptoNews.

Sweden-based Sveriges Riksbank First Deputy Governor Cecilia Skingsley has stated that a central bank digital currency (CBDC) is an investment to protect the fiat system as cash will eventually fall.… The post CBDC: A Worthwhile Investment to Protect the Fiat System appeared first on SuperCryptoNews.

It has been two weeks since a devastating storm hit the town of Hardin, Montana. Bitcoin mining firm Marathon Digital Holdings revealed that they have yet to recover from the… The post 75% of Marathon’s Mining Operation Is Still Out of Commission appeared first on SuperCryptoNews.

Goldman Sachs (-0.43%) downgrades cryptocurrency exchange Coinbase Global (-8.54%) to sell, but average analyst sentiment suggests that shares in the exchange could more than double regardless.  The post Goldman Sachs downgrades Coinbase Global to “SELL” appeared first on SuperCryptoNews.

Asian central banks are cleaning out their coffers to shore up their currencies as a soaring dollar erodes the purchasing power of their currencies.  The post Asian Central Banks Buffet Currencies Against Dollar’s Rally appeared first on SuperCryptoNews.

The Iran Power Generation, Transmission and Distribution Company — also known as Tavanir — has recently told the crypto miners to stop operations as they are anticipating electricity shortages for… The post Mining Ban Draws the Ire of Iranian Crypto Community appeared first on SuperCryptoNews.

Investors betting on listed cryptocurrency firms have been more heavily exposed to volatility as business and commercial risk is lumped onto companies dealing in already volatile assets The post Crypto’s Picks & Shovels Trade More Volatile than Underlying Asset Tracked appeared first on SuperCryptoNews.

The Bank of International Settlements warns that policymakers are at risk of pushing the global economy into stagflation, marked by high inflation and low growth.  The post Bank of International Settlements Warns of Stagflation appeared first on SuperCryptoNews.

Bitcoin miners are traditionally "hodlers" who only sell the cryptocurrency when needed, but persistently low prices and leveraged miners are being pressured to sell to make ends meet.  The post Could the bottom come when the last Bitcoin Miner becomes a bear? appeared first on SuperCryptoNews.

Weaker economic data has investors betting that central banks will be constrained in their ability to tighten policy, seeing an 11th hour rally in rate-sensitive tech stocks. The post A week of relief for markets, but is it durable? appeared first on SuperCryptoNews.

Central bankers are having to contend with one of the most complex macroeconomic environments in decades and as a result, are having to develop policy on the fly, fueling uncertainty.  The post It’s Not Policy that will Spark a Recession, It’s Uncertainty appeared first on SuperCryptoNews.

Bitkub Blockchain Technology together with Enter Corporation develops blockchain technology as strategic partners to strengthen Bitkub Chain. The post Bitkup join Enter Corporation to develop blockchain technology appeared first on SuperCryptoNews.

Persistence is everything in business, and there are some who believe that the survivors of the current Crypto Winter could go on to lead the most valuable Web3 businesses in the future. The post Crypto Crash Survivors Could be Future Tech Giants appeared first on SuperCryptoNews.

Energy stocks which were the one bright spot amidst the current market malaise, have fallen alongside other sectors on recession concerns.  The post Stocks Get Hammered Across the Board, No Sector Safe appeared first on SuperCryptoNews.

Prominent cryptocurrency exchange Coinbase will soon be closing down its Coinbase Pro service and move all of its features to the main platform. The firm stated that it wishes to… The post Coinbase Pro Shutters Permanently, Moves Features to Main Platform appeared first on SuperCryptoNews.

Ripple Labs CEO Brad Garlinghouse recently criticised the regulations on local crypto firms imposed by the US Securities and Exchange Commission (SEC) for the lack of consistency. During the Collision… The post Ripple CEO Finds Contradictions in SEC’s Crypto Regulations appeared first on SuperCryptoNews.

The Spanish Treasury has recently introduced a new set of rules that apply to cryptocurrency operators and holders. These proposed rules — which some believe to be excessively strict —… The post Spanish Treasury Proposes New Set of Crypto Rules appeared first on SuperCryptoNews.

The US subsidiary of Binance exchange now allows users to trade four Bitcoin spot market pairs without charging them a single cent. “Since inception, we have been known for our… The post Binance US Offers Bitcoin Trading at Zero Cost appeared first on SuperCryptoNews.

Tether announced that Tether tokens (GBPT) pegged to the British Pound Sterling will be slated for launch in early July. It will be joining the ranks of other fiat-pegged Tether… The post Tether Set to Launch British Pound Sterling-Pegged Tokens appeared first on SuperCryptoNews.

Celsius Network suggests that it will need more time to normalize withdrawals and operations.  The post Celsius Network Takes Its Own Temperature appeared first on SuperCryptoNews.

Normalizing central bank policy will hit the lower and middle classes hardest, as they grapple with inflation while borrowing costs for mortgages and auto loans soars.  The post Normalizing Central Bank Policy Hurts Those Who Can Least Afford It appeared first on SuperCryptoNews.

Bank of Japan goes on an incredible US$81 billion bond-buying spree to put a lid on soaring Japanese sovereign bond yields, which appears to have worked for now.  The post Bank of Japan Pulls Off a Last-Minute Miracle to Cap Bond Yields appeared first on SuperCryptoNews.

Input Output, the development team at Cardano, has recently created Lace — a new light wallet that comes equipped with a range of features that enable users to manage, control… The post Cardano Dev Team to Launch Their First Light Wallet appeared first on SuperCryptoNews.

US-based Exchange-Traded Funds (ETF) provider ProShares has announced the launch of the first short Bitcoin futures ETF — called the ProShares Short Bitcoin Strategy ETF — on the New York… The post ProShares to Launch Short Bitcoin Strategy ETF Soon appeared first on SuperCryptoNews.

Crypto startups attracting eye-watering valuations are now having to contend with years of austerity as the sector faces pullbacks from what appears to be a lengthy crypto winter.  The post Crypto Startups Faceoff Austerity as Cold Winter Bites appeared first on SuperCryptoNews.

Investors need to manage their expectations as 0.75% rate hikes by the U.S. Federal Reserve become par for the course, as opposed to the more modest 0.50% hikes earlier.  The post If 75-basis-point hikes aren’t super-sized, what is? appeared first on SuperCryptoNews.

Tokens.com recently announced that Hulk Labs — a subsidiary aimed at making strategic investments in utility driven NFTs and Play-to-Earn (P2E) games — has formed a play-to-earn partnership with the… The post Tokens.com & The Democratic Republic of Congo Formed Play-to-Earn Partnership appeared first on SuperCryptoNews.

Major American video game retailer GameStop has just integrated with Ramp — a payments company that enables crypto payment features. This allows GameStop Wallet users to directly purchase Ethereum with… The post You Can Now Purchase Ethereum With GameStop Wallet appeared first on SuperCryptoNews.

With the crash of cryptocurrencies, Bitcoin is not doing so well, with a loss of 40% of its value. Furthermore, the grass is not greener on the other side as… The post Is Litecoin Still One of the Best Altcoins to Buy? appeared first on SuperCryptoNews.

Last night, an anonymous whale account deposited over 5 million SOL (worth $170 million at the time) and represented 88% of USDC borrows. The developers at Solend Labs were worried… The post Majority of Solend Users Voted to Take Over Whale Account appeared first on SuperCryptoNews.

Possibility of further selling in cryptocurrencies even as the last bull looks to become a bear as leverage and interdependence in decentralized finance has yet to fully run its course.  The post When the last Crypto Bull Becomes a Bear appeared first on SuperCryptoNews.

Oil remained resilient in Asian trading as traders focused on renewed demand from the region which is progressively opening up to travelers. The post Oil Regains Footing as Demand Side Strong appeared first on SuperCryptoNews.

Times may be hard for the crypto trading world as of late. However, that isn’t enough to dampen Tesla CEO and SpaceX Founder Elon Musk’s support for the meme-based Dogecoin… The post More Dogecoin in These Trying Times? Yes Please! appeared first on SuperCryptoNews.

As soon as the US Federal Reserve announced their decision to increase interest rate, Bitcoin experienced a recovery from an 18-month slump. Alas, it was a brief respite as the… The post Bitcoin Dipped Below $20,000 for the First Time Since December 2020 appeared first on SuperCryptoNews.

Most crypto traders would have heard of Three Arrows Capital (3AC) implosion. Even the best traders can get wiped out by the market. As the legendary investor Warren Buffet used… The post Trading Strategy For A Market That Keeps Going Down appeared first on SuperCryptoNews.

Billionaire Elon Musk recently stated that it is sensible for Twitter to integrate digital payments during an all-hands meeting with the social media company. “Money is fundamentally digital at this… The post It Makes Sense for Twitter to Support Crypto Payments appeared first on SuperCryptoNews.

Thought to be among the biggest holders of cryptocurrency in the world, the past few days have revealed forced liquidations and margin calls at 3AC, putting downwards pressure on an already embattled cryptocurrency market having to deal with rising interest rates. The post Cryptocurrency Fund Three Arrows Capital took One Arrow too Many appeared first on SuperCryptoNews.

Given how U.S. Federal Reserve policy has taken on an outsize influence on the markets, more traders are throwing in the towel and just selling everything. The post No Easy Outs for Stock Traders appeared first on SuperCryptoNews.

It is now coming to light that Tether may actually have some real dollars, outside of the commercial paper, Treasuries, precious metals and cryptocurrencies that it uses to back USDT, in a small Bahamas bank called Capital Union. The post Cryptocurrency Post-Fed Relief Rally appeared first on SuperCryptoNews.

Yesterday, a senior Fed official called for rate hikes to a level which stunt economic growth by the end of the year, unperturbed by what that would do to the labor market. The post Upsize my Rate Hikes appeared first on SuperCryptoNews.

It seems like there is a sliver of hope for the crypto market after Bitcoin’s dismal 18-month performance — its price of 20,079.72 USD being the all-time lowest since December… The post Bitcoin Bounces Back From an 18-Month Slump appeared first on SuperCryptoNews.

Trouble at VC-backed Celsius Network, one of the largest decentralized lenders in the cryptocurrency space, sent prices plunging.  The post Cryptocurrency Bloodbath takes Market Cap below US$1 trillion appeared first on SuperCryptoNews.

Investors trying to figure out whether they should sell everything now can consider to sell half to cut losses and hold on to the other half in case markets rebound suddenly.  The post Blood on the Streets appeared first on SuperCryptoNews.

The last few months have been painful for many crypto enthusiasts. Major DeFi platforms like Luna and Celsius have simply imploded. Is it simply because their fundamental design and business… The post Forget DeFi – Here Comes GameFi appeared first on SuperCryptoNews.

Data suggests that there are large intraday swings for Bitcoin, falling at the close of New York trading hours and rising at the open, with a simple possible strategy to buy in U.S. and sell in Asia.  The post Do Asian Markets have outsized influence on Bitcoin’s Gains? appeared first on SuperCryptoNews.

Fed policy has been one for predictability and a slightly higher than forecast CPI data on Friday shouldn't be enough to shake its resolve, stiffer rate hikes in July is a possibility, but not June.  The post Why the Fed is unlikely to raise rates by 75-basis-points in June  appeared first on SuperCryptoNews.

After launching with much anticipation, MoD seems to have fallen off the cliff due to its many launch issues. Player count was increasing in the first two days after its… The post Is Mines of Dalarnia Worth Playing? appeared first on SuperCryptoNews.

Ethereum developers delay setting off the "difficulty bomb" that would set the path for the Merge upgrade, raising fears that the software upgrade to a Proof-of-Stake could be delayed further. The post Ethereum is Getting Hammered on Multiple Fronts appeared first on SuperCryptoNews.