Cryptocurrency News Today TheBitTimes.com

The cat-themed MEW coin has reached impressive new levels, surpassing its previous all-time high and exceeding a market capitalization of $1 billion. This significant achievement follows Bitstamp’s announcement of new trading pairs for MEW, including MEW/USD and MEW/EUR. Additionally, Upbit, Korea’s leading exchange, reported that MEW’s trading volume has surpassed that of Bitcoin, indicating its growing popularity as a meme coin. Meanwhile, the trend of AI-driven cryptocurrencies is on the rise, with GOAT taking the lead. GOAT has also recently achieved a new all-time high (ATH) and continues to gain momentum. Moreover, tokens across several blockchains are posting price increases. This article focuses on the top trending cryptos on Solana Chain today. Top Trending Cryptos on Solana Chain Today The Hedgehog token (HOG) currently trades at $0.0261, with an approximate market cap of $26.07 million. Geckoro (KORO) is valued at $0.0134, with a market capitalization of ...

Bankrupt crypto exchange FTX filed in Delaware bankruptcy court to sell certain trust assets worth about $744 million owned by Grayscale and Bitwise. According to a joint statement from FTX and its debtors, this initiative will help prepare for payments to creditors in US dollars and allow debtors to move to sell trust assets at a lower price quickly. The document also states that selling trust assets to one or more buyers in one or more sales will reduce the cost and delay of filing a separate solicitation for each proposed sale under the sales procedures. “Additionally, because the Debtors may sell the Trust Assets to one or more buyers in one or more sales, sales pursuant to the Sale Procedures will alleviate the cost and delay of filing a separate motion for each proposed sale.” Court filing In March, affiliated debtors FTX and Alameda Research filed a lawsuit against Grayscale Investments. So, the plaintiffs are demanding the release of funds for shareholders of the Gra...

The trust company targets institutional investors in the United States as asset managers line up for a spot Bitcoin ETF. The United States may soon have a Bitcoin-only trust company, according to plans disclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement. The forthcoming entity will handle similar activities of a trust company , including Bitcoin custody, administration and management on behalf of its beneficiaries. According to Cory Klippsten, CEO of Swan, the solution intends to offer Bitcoin custody without the risks of having other altcoins under the same roof. "For years, we've heard from major clients, partners, and other Bitcoin companies that they would prefer a Bitcoin-only software and services stack that is focused strictly on the best custody that leverages Bitcoin's unique features,” Klippsten said. The companies are in contact with state regulators about the plans , but have not...