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MUSK Token is Up 400x in 24 Hours and This Might Be the Next Crypto to Explode
11.1.2024
In the latest Solana meme coin skyrocket, an Elon Musk-themed token has undertaken a 400x MUSK price explosion in less than 24-hours, and now traders are targeting this new meme coin as the next to pump. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with...
Blockchain Association to Elizabeth Warren: Crypto Can Potentially Disrupt or Compete With ‘Too Big to Fail’ Banks
11.1.2024
The Blockchain Association has rejected U.S. Massachusetts Senator Elizabeth Warren’s claims that former security officials collaborating with it seek to weaken the country’s “ability to catch and prosecute America’s enemies.” According to the nonprofit organization, ex-U.S....
Vitalik Buterin Advocates for Modest Gas Limit Increase in Ethereum Network
11.1.2024
Ethereum. Source: Adobe Ethereum co-founder Vitalik Buterin has recommended a “modest” increase in the gas limit to enhance the potential throughput of the Ethereum network. During a Reddit ask-me-anything (AMA) organized by the Ethereum Foundation’s research team, Buterin...
Elon Musk’s X Abandons NFT Profile Pictures, Sidelining Ethereum Integration
11.1.2024
Image Source: Getty Images X (formerly Twitter), under the ownership of Elon Musk, has discontinued a feature that allowed premium users to use non-fungible token (NFT) images as their profile pictures. The feature, introduced in January two years ago, was aimed at Twitter Blue subscribers...
Hong Kong Lawmaker Urges Government to Follow US in Approving Spot Bitcoin ETFs
11.1.2024
Source: Pixabay In the wake of the United States’ approval of spot Bitcoin ETFs, a lawmaker in Hong Kong has called on the local government to swiftly follow suit and position the city as a leader in the cryptocurrency space. Johnny Ng, a member of the Hong Kong Legislative Council...
RBI Governor Remains Critical of Crypto, Says World Can Not Take Crypto Mania Like Tulip Mania
11.1.2024
Source: X / @FinMinIndia The governor of the Reserve Bank of India, Shaktikanta Das, has reiterated the central bank’s negative stance on crypto. He said that the RBI’s position on cryptocurrency remains unchanged. “Traveling down that path will create huge risks. I don’t think...
Bitcoin is “Not Taking Off” as Mainstream Payment: BoE Governor
11.1.2024
Source: AdobeStock / Iakov Kalinin Andrew Bailey, Bank of England governor, says cryptos lost its momentum to keep up a in the mainstream payments system. He stressed that cryptos such as Bitcoin are “pretty inefficient” as a payment method as it has not “keep up the momentum.” “My own sense...
Social Media Platform X Halts NFT Profile Service, Stirring Mixed Reactions in Crypto Sphere
11.1.2024
The social media platform X has discontinued its non-fungible token (NFT) profile picture service, a feature introduced just last year in January 2022. The crypto community’s response to this move has been notable, with Kraken’s founder, Jesse Powell, labeling it as “a step...
Bitcoin Price Prediction: BTC Above $46,000 Amid ETF Green Light & Kiyosaki’s $150K Forecast
11.1.2024
Bitcoin price has surged above $46,000 as the US Securities and Exchange Commission (SEC) approved 11 spot bitcoin exchange-traded funds (ETFs) on Wednesday. The approval came after a US congressional panel requested an SEC briefing on a fake tweet that claimed the regulator had authorized...
Immediate Cipro Ai Review – Scam or Legitimate Trading Platform
11.1.2024
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content Immediate Cipro Ai is a crypto trading platform with its new version – Immediate Cipro 500. Per the website, this platform purportedly has a host of features designed to optimize...
VanEck Launches Pro-Crypto Ad Campaign; Arbitrum and Borroe Finance Anticipate Significant Gains
11.1.2024
VanEck, a renowned asset management firm, has stirred the crypto market with its latest move – launching a pro-crypto advertisement titled “Born to Bitcoin.” This strategic decision comes amidst their pending application for a spot Bitcoin exchange-traded fund with the U.S. Securities...
Spot Bitcoin ETFs Approved: Here’s How Crypto Executives Reacted
11.1.2024
The US Securities and Exchange Commission (SEC) has finally approved a range of spot Bitcoin (BTC) exchange-traded fund (ETF) applications. The decision comes more than a decade after the initial filing for a crypto-based ETF, a financial product designed to track the performance of various assets...
Coinbase to Custody Eight Spot Bitcoin ETFs Following SEC Approval
11.1.2024
Source: Coinbase Coinbase has announced its official role as the custodian for eight of the newly approved spot Bitcoin exchange-traded funds (ETFs), following a monumental decision by the U.S. Securities and Exchange Commission (SEC). According to a recent blog published by Coinbase,...
US Spot Bitcoin ETF Approved, UK Unlikely to Follow Suit
11.1.2024
Over the years, the FCA has repeatedly flagged concerns about the extreme volatility of crypto assets It’s a historic moment for the cryptocurrency market as the US Securities and Exchange Commission (SEC) finally approved eleven spot Bitcoin ETFs. Crypto enthusiasts around the world are looking...
Bitwise to Donate 10% of Spot Bitcoin ETF Profits to Open-Source Bitcoin Development
11.1.2024
Source: Pixabay Bitwise Asset Management has unveiled plans to allocate 10% of the profits generated by its Bitwise Bitcoin ETF (BITB) to support Bitcoin open-source development. CEO Hunter Horsley expressed enthusiasm about funding core developers, particularly those who have played pivotal roles...
Cathie Wood Lashes Out at Gary Gensler Over Criticism of Crypto Space after Approving Spot Bitcoin ETFs
11.1.2024
Ark Invest CEO Cathie Wood has expressed disappointment at the statement made by SEC Chair Gary Gensler shortly after the agency approved a dozen exchange-traded funds (ETFs) that directly hold Bitcoin. “He just denigrated the whole crypto space. I couldn’t believe it,” she said...
Robert Kiyosaki Predicts BTC Will Soon Hit $150K as SEC Approves Bitcoin ETFs — Says ‘I Will Be Buying More Bitcoin’
11.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has predicted that the price of bitcoin will hit $150,000 “soon,” as the U.S. Securities and Exchange Commission (SEC) approved spot bitcoin exchange-traded funds (ETFs). He emphasized that he will be buying more bitcoin. Kiyosaki has issued...
Jamie Dimon Insists Bitcoin Doesn’t Have Value as JPMorgan Teams up With Blackrock on Spot Bitcoin ETF
11.1.2024
JPMorgan Chase CEO Jamie Dimon has insisted that bitcoin doesn’t have value, emphasizing that its use cases are sex trafficking, tax avoidance, money laundering, and terrorism financing. However, JPMorgan has teamed up with Blackrock to help the world’s largest asset manager grow...
Ripple Labs Initiates Plan to Repurchase $285 Million Stake from Early Investors
11.1.2024
Source: AdobeStock Cryptocurrency company Ripple Labs has announced its plans to repurchase shares worth $285 million from early investors and staff. ???? #Ripple to buy back $285 million of its shares, valuing company at $11 billion.#crypto — Aman????Sai (@amansaiofficial) January 10, 2024...
Former FTX CEO Sam Bankman-Fried Retains New Counsel, Files Notice in Federal Court Ahead of Sentencing
10.1.2024
Source: A Video Screenshot, YouTube / CBS News Former FTX CEO Sam “SBF” Bankman-Fried has informed the federal court that he has retained new counsel ahead of his sentencing hearing for seven criminal charges. Additionally, SBF’s legal team submitted a sealed document indicating...