Tech & Crypto Digest: This Week’s Top News Highlights
Tech & Crypto Digest: This Week’s Top News Highlights
From breakthroughs in technology to major moves in the crypto space, here are this week’s leading headlines.”
1ATH.Studio
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Oct 6, 2023
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All Spot Bitcoin ETF’s To be Approved in 3–6 Months
Ex-managing directors from BlackRock, the global asset management titan, are optimistic about the imminent approval of a US spot Bitcoin ETF.
At CCData’s Digital Asset Summit in London, Steven Schoenfield, a former BlackRock executive now leading MarketVector Indexes, predicted that the SEC might green-light a spot Bitcoin ETF within “three to six months.”
Judge Denies SEC’s Appeal Bid in Ripple Case
Judge Torres denied the SEC’s request for an interlocutory appeal in the Ripple legal battle, citing that it wouldn’t significantly progress the case’s resolution. The trial is scheduled for April 23, 2024, with pretrial filings due by year-end.
Parties are encouraged to meet for settlement talks before the final pretrial conference, in a case where the SEC alleges Ripple raised $1.3B through XRP sales, with a mixed ruling by Judge Torres in July.
