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Bitfinex Securities to Launch in El Salvador on Jan 31 as First Registered Service Provider
31.1.2024
Bitfinex is set to launch in El Salvador on January 31, becoming the first registered and licensed digital asset service provider in the country. Bitfinex Securities, a prominent digital asset exchange, disclosed its plan to establish operations in El Salvador in an email shared with...
Global X Exits the Spot Bitcoin ETF Approval Race
31.1.2024
ETF provider Global X, has pulled its application for a spot Bitcoin ETF, an SEC filing on Tuesday showed. The CBOE BZX Exchange submitted a withdrawal notice for the Global X Bitcoin Trust on Jan. 26, around two weeks after the SEC approved 11 other spot Bitcoin ETFs. Securing approval for these...
Liquidity and Regulatory Issues Are Obstacles to Tokenization of Real World Assets, Says Van Eck CEO
30.1.2024
In a January 28 interview with Real Vision co-founder Raoul Pal, Van Eck CEO Jan van Eck noted that a couple of major challenges are hindering the tokenization of real-world assets. According to van Eck liquidity and regulatory issues are still blocking the progress of asset tokenization. “Who...
Areon Gears up for Mainnet Integration on Exchanges by Jan 31
30.1.2024
PRESS RELEASE. Crypto enthusiasts hold their breath as excitement builds around the upcoming integration of Areon Network‘s new layer 1 chain with major exchanges. Scheduled for January 31 at 14:00 UTC, the integration marks a significant milestone for the project, the resumption of trading...
Portal Raises $34 Million to Develop Decentralized Bitcoin Cross-Chain Swaps
30.1.2024
Fintech provider Portal has raised $34 million in seed funding to develop its Bitcoin-based decentralized exchange (DEX) which will aid cross-chain swaps between multiple networks. In a Jan 30 announcement, the company disclosed an exit from stealth mode and an inflow of $34 million to build...
New York’s Bar Association Seeks Law Reform to Keep Crypto Market Lead
30.1.2024
New York City’s Bar Association has pitched an amendment to the law relating to emerging technologies aiming to see the city maintain its crypto market lead. The proposals on several issues were contained in its New York’s state Legislative Agenda released on Jan 29. The Bar seeks to amend lawsuits...
Gate.io Announces Launch of Innovative Inscription Launchpad and Navigation Services
30.1.2024
Jan 30th, Panama City – Gate.io, a leading digital asset trading platform, is proud to announce the launch of its innovative Inscription Launchpad and Navigation service. Designed for blockchain innovators and investors, it leverages Web3 technology to provide a straightforward, all-in-one...
Chris Dixon’s New Book Explores All the Cool Stuff Blockchain Can Do
30.1.2024
Chris Dixon, general partner at Andreessen Horowitz, releases his new book “Read Write Own: Building the Next Era of the Internet” on Jan. 30. He wrote the book to show how blockchain offers an opportunity to create an open internet fostering creativity and progress. Dixon, who joined...
dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal
30.1.2024
The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...
Rep. French Hill Voices Optimism for Crypto Legislation Progress in 2024
30.1.2024
U.S. House Representative and Financial Services Subcommittee on Digital Assets Chair French Hill (R-AR) has voiced optimism about the progress of cryptocurrency legislation in 2024. During an event hosted by the Foundation for Defense of Democracies on Jan. 29, Hill discussed the crypto...
9 Newly Launched Spot Bitcoin ETFs Accumulate BTC Holdings Worth Nearly $6 Billion
29.1.2024
Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin holdings, now standing at 46,238.09 bitcoin as of Jan. 29, 2024....
PeckShield: Crypto Scams Plummeted 27.78% in 2023
29.1.2024
Blockchain security firm PeckShield has released an overview of the state of cryptocurrency hacks in the last twelve months with over 600 reported cases resulting in losses of $2.61 billion. Impressively, crypto scams saw a drop of 27.78% in 2023. The company disclosed its latest findings in a...
Ethereum Technical Analysis: ETH Trade Volume Remains Low Amid Selling Pressure
29.1.2024
On Jan. 29, 2024, ethereum’s price dynamics display a nuanced interplay of market elements. The current price of ether stands at $2,247, with a 24-hour range fluctuating between $2,246 and $2,284. Despite its substantial market capitalization of $270 billion, ether trading volume remains...
Bitcoin Technical Analysis: Bearish Signals and Bullish Hints Amidst Market Turbulence
29.1.2024
Bitcoin, the leading digital currency by market cap, showcased nuanced market dynamics on Jan. 29, 2024. Bitcoin’s value fluctuated within a narrow band, ranging from approximately $41,950 to $42,069 within the last hour. Indicators such as oscillators and moving averages reveal a diverse...
Top Chinese Asset Manager Moves to Launch Bitcoin ETF in Hong Kong
29.1.2024
The Hong Kong subsidiary of Chinese asset management firm, Harvest Fund Management, applied for a spot Bitcoin ETF on Jan. 26. This marks the first submission of its kind in Hong Kong, Tencent News reported on Monday. The Securities and Futures Commission (SFC) is said to be expediting approval...
Stellar Delays Smart Contract Upgrade Following Bug Discovery
29.1.2024
The Stellar Development Foundation (SDF) has postponed its scheduled smart contract upgrade after discovering a bug in the upgrade. According to a recent announcement published by the Stellar Development Foundation, the Protocol 20 upgrade, originally slated for a Jan. 30 launch, was delayed...
2024 Sees Steepest Weekly Plunge in NFT Sales, 5 Major Blockchains Register Double-Digit Losses
28.1.2024
In the span between Jan. 20 to Jan. 27, 2024, there was a notable decline in the sales volume stemming from non-fungible tokens (NFTs), plunging 21.25% from the week before. The leading blockchains in seven-day sales, Ethereum and Bitcoin, experienced substantial decreases, ranging from 28.78%...
Bitcoin Stabilizes Over $42,000 as Crypto Fear and Greed Index Shifts to Neutral
28.1.2024
Recently fluctuating within the realms of “greed” and “extreme greed,” the Crypto Fear and Greed Index transitioned into a “neutral” phase on Sunday, Jan. 28, 2024. This shift coincides with bitcoin’s value jumping slightly over $42,000. In...
Sleeping Bitcoin Wallets Awake: Over $14 Million in BTC Moved From Long-Inactive Addresses
28.1.2024
Based on the latest onchain data, on Jan. 27, 2024, a wallet established on Aug. 28, 2013, transferred 115.50 bitcoin valued at $4.84 million, marking its first activity in more than a decade. Furthermore, two dormant accounts from 2017 also executed transactions on Saturday, moving a total...
Nigerian Currency Plunges to New Low Versus the USD, Central Bank Governor Says Naira is ‘Undervalued’
28.1.2024
The Nigerian currency reportedly plunged to a new low versus the U.S. dollar on the official market on Jan.25. Central Bank governor Olayemi Cardoso has said the naira is currently “undervalued” and that efforts are underway to rectify this. Official and Parallel Market Exchange Rates...