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ProShares And Bitwise Files 7 Bitcoin and Ethereum ETF Together ProShares and Bitwise have filed three applications with the U.S. Securities and Exchange Commission (SEC) for ETFs focused on Bitcoin (BTC) and Ethereum (ETH). advertisement ProShares filed an application for the Bitcoin & Ether Equal Weight Strategy ETF. It will track the performance of the Bitcoin & Ether Equal Weight Index. ProShares has filed in total four applications for Ethereum-focused ETFs this week. In addition, Bitwise also filed applications for the Bitcoin and Ether Market Cap Weight Strategy ETF and the Bitcoin and Ether Equal Weight Strategy ETF. Bitwise has filed three Ethereum-based ETFs applications this week. Bloomberg ETF analysts James Seyffart and Eric Balchunas noted that the number of Ether futures ETF filings reaching 12 now. Recommended Articles Crypto Presale Project...

CZ Binance Dispelling FUDs Latest FUD reported by CoinGape involves allegations of arbitrage opportunities on Binance.US, where Bitcoin, Ethereum, and USDT were reportedly available at significant discounts compared to global spot prices. Renowned trader Peter Brandt voiced criticism, labeling it the “scam of the decade”. advertisement I believe this is the one of the big reasons Binance has such a tight team. We have always had external pressure, FUD, etc. As a result, we are constantly in the trenches together. – CZ Binance , July 10, 2023 Moreover, the departure of key executives from Binance .US has fueled speculation about the exchange’s stability following the lawsuit filed against it by the U.S. Securities and Exchange Commission (SEC) for alleged violations of securities laws. CZ Binance dismisses these departures as normal turnover and attributes concerns to FUD , maintaining that they are unrelated to the SEC action. ...

Also Read: Coinbase Derivatives Exchange To Launch BTC, ETH Futures On June 5 advertisement The Summary Judgement in the lawsuit is awaited from Judge Analisa Torres while June 13, 2023 is by when the Hinman speech documents are to be publicly released. XRP Delisting Has No Legal Precedent In the context of Uphold being one of the rare US crypto exchanges to still offer XRP trade, Nancy Beaton, the Chief Revenue and Marketing Officer at the crypto exchange, said there was no legal precedent to follow when it comes to not listing the token. In the recent times, the XRP token holder community has also pushed the same argument while demanding that the exchange list the cryptocurrency on its platform. She added that Uphold would follow it if and when there is a legal precedent. However, she affirmed that there is no legal precedent currently and that they feel comfortable listing the token. “We are highly regulated so we do take compliance incredibl...

It’s not the first time Do Kwon is represented by Dentons. He hired lawyers from Dentons many times for his legal defense to challenge subpoenas and lawsuits. advertisement Do Kwon Brings Dentons Law Firm to Defend Against US Lawsuit Terra co-founder Do Kwon currently facing a passport forgery case in Montenegro had his bail revoked by the court after prosecutors challenged the bail for house arrest due to flight risk and bail amount. Amid rising talks on his extradition, Do Kwon has hired Dentons law firm to represent him in lawsuits and investigations in the US, reported Digital Asset on May 29. Dentons ranks sixth in the 2023 ranking of global law firms and the world’s largest law firm in terms of lawyers. The US Securities and Exchange Commission sued Do Kwon and Terraform Labs in February on accusations of fraud and selling unregistered securities. In March, the U.S. District Attorney’s Office for the Southern District of New York ind...