Search
“We Have Heard Nothing to Indicate Anything but Approval,” Senior ETF Analyst Says
3.1.2024
A senior ETF analyst has cast doubt on the accuracy of a new report published by crypto investment services provider Matrixport alleging the SEC may very well reject all spot Bitcoin ETF applications come January. “Massively out of consensus” “People tagging me like crazy on this “rejection”...
Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence
3.1.2024
Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, last year, the New York Department of Financial Services (NYDFS) instructed Paxos to cease the issuance of BUSD. Beyond these...
CoinDCX Clarifies Fraud Complaints Against Scam Crypto App Sharing its Name
3.1.2024
Source: Shutterstock The Delhi Police have initiated a cheating case against crypto app CoinDCX, following complaints from users about alleged bank fraud. However, India’s largest crypto exchange CoinDCX clarified that the fraud did not occur on their platform but rather on a fake...
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
3.1.2024
A new research study has partly attributed the growth in the use of bitcoin “as a transactional layer” to the increased number of crypto platforms that have joined the Lightning Network ecosystem. The study however found that just over 6% of centralized crypto exchanges have...
Jim Cramer: Bitcoin Can’t Be Killed — It’s a Technological Marvel That Is Here to Stay
3.1.2024
Jim Cramer, the host of CNBC’s Mad Money show, has made some bullish statements regarding Bitcoin. Noting that the crypto cannot be killed, he emphasized: “It’s a technological marvel, and people have to start recognizing that it’s here to stay.” He further stated...
Grayscale Updates Spot Bitcoin ETF Application but Left out Some Key Information
3.1.2024
Crypto asset management firm Grayscale Investments has updated its spot bitcoin ETF filing in hope of being included in the initial round of decisions by the U.S. Securities and Exchange Commission (SEC). However, the firm has omitted some key information that the SEC reportedly wants included...
Crypto Whales are Accumulating This AI Crypto Coin For a 2024 Rally – What Do They Know?
2.1.2024
AI crypto platform yPredict is nearing the end of presale for its $YPRED token. Image by Kerem Goktug Kaya, DALL-E 3. The crypto market has seen incredible technological advancements in recent years, with projects utilizing artificial intelligence (AI) at the forefront of this progress. AI-focused...
XRP Price Prediction as Trading Volume Spikes to $2 Billion – Are Investors Flocking to XRP?
2.1.2024
XRP (XRP) Chart / Source: Investing.com XRP (XRP) trading volumes have picked up again following a subdued few days due to New Year’s celebrations, clocking in at around $2 billion in the past 24 hours, as per CoinGecko. That’s roughly in line with, if not a little bit above, average trading...
Is It Too Late to Buy Sei? SEI Price Rallies 35% as New Meme Coin Approaches Launch – Time to Buy?
2.1.2024
Sei (SEI) Chart / Source: TradingView As the Sei ($SEI) pump continues at the start of 2024, investors are increasingly asking whether they may have missed their opportunity to buy the cryptocurrency. SEI/USD was last changing hands at around $0.75, up a further 6% on Tuesday and taking gains since...
Who Has the Best Bitcoin ETF? BlackRock’s Fee Still A Mystery
2.1.2024
Source: DALL·E Trillion-dollar asset managers are eyeing approval for their Bitcoin (BTC) ETF products within days, and all are competing to seize market share at the opening bell. One major area of competition relates to management fees – the annual cost imposed by funds to handle the BTC backing...
Is Helium Price Going to Zero? HNT Drops 6% as Novel New Mining Protocol Secures $7.2 Million in Funding
2.1.2024
Source: Dall•E 3 The Helium price has fallen by as much as 6% in the past 24 hours, slipping to $6.82 on a day when Bitcoin ETF hopes have caused the market to rally by the same percentage. HNT is now down by 4.5% in a week and by 21% in a fortnight, yet the […]
The post Is Helium Price Going...
New Mickey Meme Coin Capitalizes on Cartoon’s Public Domain Status
2.1.2024
Image Source: Sky News Crypto enthusiasts have created a meme coin inspired by Mickey Mouse, the beloved cartoon character, after the first-ever cartoon featuring the iconic mouse entered the public domain. The newly minted token, known as MICKEY, quickly emerged in the wake of Mickey Mouse’s...
China Raises Alarm Over Corrupt Officials Exploiting Cold Storage Cryptocurrency for Illicit Cross-Border Transactions
2.1.2024
Image Source: Pexels Official Chinese media sources have raised concerns regarding the exploitation of cryptocurrencies by corrupt officials for illicit activities. The use of cold storage methods for cryptocurrencies, in particular, has become a cause for alarm as it allows these individuals...
Crypto Crossroads — Contrasting 2024 Predictions Signal a Year of Defining Shifts
2.1.2024
Throughout the past year, enthusiasm and speculation around bitcoin and other crypto assets have surged, particularly as the year drew to a conclusion. The Motley Fool’s forecasts for 2024 strike a pessimistic tone, anticipating a “buy the rumor, sell the news” scenario related...
Is It Too Late to Buy Mina Protocol? MINA Price Jumps 8% as New Mining Protocol Receives $7 Million in Funding
1.1.2024
While the MINA price has been rallying since December 19, Bitcoin Minetrix presale has surpassed expectations, reaching $7.1 million in crypto presale round. Image by Kerem Goktug Kaya, DALL-E 3. Mina Foundation‘s MINA has been performing well since December 19, which can be attributed to...
Solana-Based TSUKA Coin Rockets Up 2,500% Overnight and Crypto Whales Say This Other Coin is Next
1.1.2024
Sponge V2 looks to carry the torch of the red-hot Sponge V1 meme coin. Image by Kerem Goktug Kaya, DALL-E 3. In recent years, meme coins like $SHIB, $DOGE, and $SPONGE have produced sizeable gains for some investors. The latest addition to the meme niche gaining traction is $TSUKA, a...
Attorney Says They Are “Receiving 5-6 Emails a Day” From Victims of Pig Butchering Scams
1.1.2024
Source: AdobeStock / James Thew Pig butchering scams, a rapidly growing criminal activity involving online romance, fake crypto investments, and human trafficking, have been plaguing US citizens, resulting in significant financial losses. In a recnet interview, Erin West, Deputy District Attorney...
VanEck Adviser Says Spot Bitcoin ETF Impact is Overestimated Despite Long-Term Gains
1.1.2024
Source: Adobe Stock VanEck adviser Gabor Gurbacks pointed out that the hype of a Bitcoin (BTC) spot ETF in the market could be overestimated in terms of short-term inflows but could see long-term gains as the window widens. In a Jan 1 post, Gurbacks wrote on X (formerly Twitter) that people have...
Coinbase’s Chief Legal Officer Slams US Decision to Drop Additional Charges Against Bankman-Fried, Calls it a ‘Miscarriage of Justice’
1.1.2024
Source: a video screenshot, ABC News / YouTube US prosecutors have decided not to pursue the remaining charges against Sam Bankman-Fried, including allegations of foreign bribery and bank fraud. However, it is the dropped charge of unlawful political donations that has sparked significant concern...
Coinbase ‘Extensively Prepared’ for Spot Bitcoin ETF Approval
1.1.2024
Crypto exchange Coinbase says that it has “extensively prepared” for spot bitcoin exchange-traded fund (ETF) approvals by the U.S. Securities and Exchange Commission (SEC). Most spot bitcoin ETF applicants have named the Nasdaq-listed crypto platform as the custodian for their...