CEO at DeFi Alliance DAO

DeFi Alliance DAO

📰 Daily Crypto News Roundup - August 30, 2023 Welcome to today's crypto news roundup, where we bring you the most important headlines from cryptocurrency and blockchain technology. 1️⃣ Bitcoin Surges After Grayscale Wins Appeal Against SEC Bitcoin's price significantly surged following the United States Court of Appeals for the D.C. Circuit's ruling in favour of Grayscale against the U.S. Securities and Exchange Commission (SEC). Grayscale's appeal relates to its quest to launch a Bitcoin spot exchange-traded fund (ETF). The court found the SEC's denial of Grayscale's proposal to be "arbitrary and capricious" due to inconsistent treatment of similar products. While this victory is a...