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SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF
SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF

The SEC set its next deadline to July 5, 2024 to approve or disapprove of the proposed spot ether ETF. Optimism for the SEC approving such a product has dwindled over the past few months

The Block·2024/05/06 22:04
Bitcoin miners are starting to feel the pinch
Bitcoin miners are starting to feel the pinch

The 7-day moving average of Bitcoin’s hash rate has dropped slightly since the halving, to just over 600 EH/s, but is still historically high. This is an excerpt from The Block’s Data & Insights newsletter.

The Block·2024/05/06 20:46
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations

Robinhood Markets said that the SEC has issued its crypto unit with a Wells Notice. The SEC told the company that it is anticipating filing an enforcement action over alleged securities violations.

The Block·2024/05/06 14:31
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