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SEC’s Cash Only Restriction for Spot Bitcoin ETF Is Nonsense, Says Vaneck Director
30.12.2023
A director of digital assets strategy at asset management firm Vaneck says the U.S. Securities and Exchange Commission (SEC)’s cash-only requirement for spot bitcoin exchange-traded funds (ETFs) is “nonsense.” He predicted that it would not hold out for long since publicly listed...
Senate Ethics Committee Urged to Investigate Senator Elizabeth Warren on Misleading Crypto Statements
30.12.2023
The CEO of the Chamber of Digital Commerce says the Senate Ethics Committee should launch a full investigation on Senator Elizabeth Warren for making false and misleading statements about crypto. “Senator Elizabeth Warren has misled the American people as well as the U.S. Congress on multiple...
Monex Group Secures Majority Stake in Canada-based 3iQ
29.12.2023
Source: Pixabay Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ. According to a press release published Thursday, 3iQ will collaborate with Coincheck, a Japanese cryptocurrency exchange acquired by Monex Group back in 2018, to bolster the digital...
Crypto Stocks, Bitcoin Miners Sell-Off as Profit-Taking Caps Explosive Year-End
29.12.2023
Bitcoin slipped below $42,000 on Friday, stalling below its yearly high
Crypto Ban in Nigeria Stalls eNaira Adoption Despite Global Recognition
29.12.2023
Source: AdobeStock Chinedu Albert, a legal expert specializing in Nigerian tech and innovation, has attributed the challenges facing the adoption of the eNaira, the Central Bank of Nigeria’s digital currency (CBDC), to a previous crypto ban. In an exclusive interview with Cointelegraph...
EVMs Evolve with Parallelized Technology, Offering Blockchain Scalability, Transaction Speed and Fee Efficiency
29.12.2023
Parallelized EVMs are redefining blockchain capabilities, enhancing transaction speed and efficiency across platforms. Image by İnci Özgür, DALL-E 3. Blockchain technology is witnessing a major shift—one that promises to reshape how we think about and interact with digital ledgers. We’re...
FTX Debtors Release Estimated Values for Cryptocurrency Claims, Bitcoin Priced at $16,871 per Coin
29.12.2023
Source: Adobe / Александр Поташев FTX Trading Ltd. affiliated debtors have submitted a motion for the entry of an order estimating the value of claims related to digital assets and fiat currency, including customer entitlement claims. In a filing made on December 27 in the United States Bankruptcy...
Bitcoin Price Prediction: BTC at $42,650, Is Downtrend Looming?
29.12.2023
  In the fluid world of cryptocurrency, Bitcoin (BTC/USD), the trailblazer of digital currencies, finds itself at a pivotal juncture. As of December 29, Bitcoin’s price hovers at $42,627, reflecting a 1.82% decline in the past 24 hours. This downturn brings Bitcoin’s market...
Peter Schiff Says ‘Big Surprise’ Awaits in 2024 — Warns of Crash, Recession, High Inflation Returning With Vengeance
29.12.2023
Economist Peter Schiff has shared some predictions for 2024. “The big surprise in 2024 will not only be that the economy crashes into recession, but that high inflation returns with a vengeance,” he described. The technicals are breaking down for the U.S. Dollar Index, he added...
Bitcoin Price Prediction as BTC Spikes Up 1.6% – Larger Rally Incoming?
28.12.2023
In a striking development in the cryptocurrency arena, Bitcoin, the foremost digital asset, has seen a notable surge, spiking to $43,800. This recent uptick in Bitcoin’s value, amounting to a 1.6% increase, has sparked speculation and anticipation among investors and market observers....
FTX Estate Faces Objections Over Lowered Crypto Claims Valuation Amid Bankruptcy Proceedings
28.12.2023
On Dec. 27, 2023, FTX debtors released a projected valuation of claims involving digital assets, with the proposal suggesting conversion of claims into dollar amounts pegged to crypto asset values as of Nov. 11, 2022. Consequently, an individual who held bitcoin on FTX would receive $16,871...
Publicly Listed Bitcoin Miners Soar in 2023 — Marathon Leads With 767% Surge
28.12.2023
Since the year began, both bitcoin and the broader crypto economy have risen a great deal in value, with bitcoin climbing over 150% since Jan. 1, 2023. Yet, an impressive 11 out of 13 bitcoin mining firms listed on Nasdaq have seen even more substantial triple-digit increases this year. Topping...
HKbitEX Collaborates with Shanghai Technology Exchange for Asset Tokenization Solutions
28.12.2023
  The Hong Kong-based digital asset exchange, HKbitEX, partners with Shanghai Technology Exchange to develop asset tokenization (RWA) solutions for tech companies, supported by China’s Ministry of Science and Technology and Shanghai municipal government. On December 28, in a significant...
Indonesia to Require Cryptocurrency Exchanges to Register with Country’s National Digital Asset Bourse
28.12.2023
Image Source: Pixabay The Indonesian government has announced that all cryptocurrency exchanges operating within the country will be required to register with the newly established Commodity Future Exchange (CFX). Launched earlier this year, the CFX is the world’s first national bourse...
2024: The Year AI and Crypto Converge – Major Boom Incoming?
28.12.2023
Source: Adobe / Yan As we approach 2024, analysts foresee a convergence of artificial intelligence (AI) and web3 technologies leading to a flourishing subsector within the crypto space. The maturation of both AI and crypto has paved the way for innovative developments that could redefine...
Hong Kong to Become the Next Crypto ETF Hub as BTC ETF Anticipation Continues in US
28.12.2023
Source: Pixabay Hong Kong is poised to become a leading hub for cryptocurrency exchange-traded funds (ETFs), particularly spot Bitcoin (BTC) ETFs, as anticipation grows for the approval of such ETFs in the United States. Industry leaders believe that Hong Kong’s Securities and Futures...
Kyberswap Exploit Fallout: Platform’s Workforce Cut by 50%
28.12.2023
The CEO of Kyberswap, the decentralized finance aggregator, revealed on Christmas Day that the platform recently laid off 50% of its workforce. The CEO added his organization is in the process of creating a voluntary database that is expected to help these workers secure new jobs in the Web3 space....
Bitcoin Price Prediction: Surges to $43,500, MicroStrategy’s Holdings Exceed $8B
28.12.2023
In a striking move that underscores the growing clout of cryptocurrencies, Bitcoin has surged to an impressive $43,545, marking a 2.77 percent increase on Thursday. This notable ascent further cements its position as a dominant player in the digital currency market. In a parallel development...
Digital Asset Products Record $103 Million Inflows as Assets Under Management Maintains $52 Billion Position
28.12.2023
Source: Adobe / Luisa Cryptocurrency funds recorded $103 million inflows in the penultimate week of the year as institutional investors keep momentum toward a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). Recent data provided by CoinShares shows massive inflows...
Bitcoin Price Prediction as Billionaire Michael Saylor Announces New $600 Million BTC Purchase – Time to Buy?
27.12.2023
In a recent development that’s invigorating the cryptocurrency market, Bitcoin (BTC) has experienced a resurgence, now hovering around the $43,000 mark. This comes after a momentary dip below $42,000, with the digital currency currently trading near $42,300. The global cryptocurrency market...