Ethereum is fast approaching a very particular flippening. The raw number of ETH staked inside the Ethereum blockchain is set to surpass the ether kept on crypto exchanges for the first time ever some time over the next few weeks. Meanwhile, The U.S. Securities and Exchange Commission’s (SEC) approval of 2x Bitcoin Strategy ETF, also called BITX, paves way for the Volatility Shares ETF launch on Tuesday, June 27, 2023.
PBN Research
Coinbase Walks Away with Supreme Court Victory in Arbitration Case
https://blockworks.co/news/coinbase-supreme-court-victory
Justice Kavanaugh, who delivered the opinion, said, “When a federal district court denies a motion to compel arbitration, the losing party has a statutory right to an interlocutory appeal.”
SEC approves BTC Futures
https://watcher.guru/news/sec-approves-first-leveraged-bitcoin-futures-etf
The US Securities and Exchange Commission (SEC) has approved its first leveraged Bitcoin Futures ETF. Moreover, the Volatility Shares’ offering is now the first ETF of its kind to be available in the United States, and it is set to begin trading on Tuesday, according to a Coindesk report.
Bitcoin Passes $31k
https://blockworks.co/news/bitcoin-passes-31k
Bitcoin (BTC) soared to $31,230 Friday afternoon in New York. The largest crypto is now up around 20% since June 18, good for its best performing week since March 13, when the asset rallied around 26% on the heels of stablecoin USDC’s depegging.