Former SEC Commissioner Paul Atkins said the new SEC Chairman, Gary Gensler, could withdraw the lawsuit against Ripple XRP. Rep. Warren Davidson (R-OH) reintroduced his signature Token Taxonomy Act to congress. This bill establishes much looked-for clarity for businesses, consumers, and regulators operating in the growing U.S. blockchain ecosystem. Digital asset management firm Grayscale might be on the cusp of trying to launch a bitcoin exchange-traded fund (ETF), according to new job postings. Israeli pension company Altshuler Shaham has sunk $100 million into the Grayscale Bitcoin Trust (GBTC). Digital Currency Group, the parent of Grayscale, said it’s authorized the purchase of up to $250 million worth of the lagging shares of the Grayscale Bitcoin Trust (OTCQX: GBTC), its subsidiary’s flagship product.
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.
