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The amount of Ether stored on centralized crypto exchanges is at an unprecedented low, which could result in a supply squeeze, say analysts. Ether (ETH) exchange balances fell to 8.7% on Thursday last week, the lowest they have been since the network launched in mid-2015. The amount of the asset held on exchanges remained low…
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NEW DELHI: Supreme Court on Wednesday turned its critical gaze on its own functioning. On the growing trend of benches overturning orders of earlier ones within days or months of them being pronounced – such as on the menace of dog bites, retrospective environmental clearance, Bhushan Steel Ltd’s insolvency and the ban on fire crackers…
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The Commodity Futures Trading Commission (CFTC) on Monday launched a pilot program allowing select digital assets — bitcoin BTC$90,968.81, ether ETH$3,134.24 and USD Coin (USDC) or other payment stablecoins — to be used as collateral in U.S. derivatives markets. The program, announced by Acting Chairman Caroline Pham, is part of a broader push to give…
Crypto wallet provider Ledger put its plans to go public in the U.S. on hold due to difficult market conditions, according to two people with knowledge of the matter. Ledger has not filed any draft S-1 registration statement with the Securities and Exchange Commission (SEC), one of the people said. A confidential filing is typically…
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