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Bitcoin ETFs Enable the ‘Mass Marketing’ of a Worthless Asset to Main Street Americans, Says Better Markets
12.1.2024
An independent nonprofit organization said the U.S. Securities and Exchange Commission’s approval of spot bitcoin exchange-traded funds has enabled the “mass marketing of a known worthless, volatile, and fraud-filled financial product to Main Street Americans.” The organization...
Cardano Price Prediction as Bulls Hold $0.57 Level – Here’s Where ADA Might Head Next
12.1.2024
The Cardano price has dropped by 1% in the past 24 hours, slipping to $0.5754 as the wider market cools off a little following the SEC’s approval of several Bitcoin ETFs. ADA is now up by 4% in the past week, and while it’s actually down by 6% in a fortnight, it remains up...
POLDO Token Skyrockets 35,000% Overnight as New Memecoin Prepares to Launch on New Exchanges
12.1.2024
In the latest meme coin skyrocket, Poldo Token has undertaken a whopping +35,000% price explosion overnight. Now, this other meme coin could be next after red-flags emerge in Poldo price analysis. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless...
Solana’s MEV Bot Strikes Gold: $1.8 Million Earned in Seconds from Meme Coin Trade
12.1.2024
Source: AdobeStock / Sergey Nivens A MEV (Maximal Extractable Value) arbitrage bot operator, known as 2Fast, has achieved a profit of $1.8 million from a single transaction bundle. The bot, under the control of 2Fast, transformed an initial investment of 703 SOL, valued at approximately $70,000...
Coinbase’s Rollup Base Updates Roadmap and Goals for 2024
12.1.2024
Base, the Coinbase incubated rollup, has updated its roadmap and goals for 2024. In a blog post, Base informed that it will not only focus on building a development platform but on fostering the decentralization of such an environment, building on-chain apps, and bringing liquidity to...
Worldcoin Hits New Record in Argentina, Adoption in India Still High
12.1.2024
Source: Worldcoin Worldcoin has hit a new record in Argentina and released an update to the verification process. A spokesperson talked with Cryptonews about plans in 2024, Worldcoin surpassing the 5M-accounts milestone, the successful Shopify integration, and continued World App adoption in India...
Manta Network’s Ethereum Layer 2 Blockchain Exceeds $800M in TVL
12.1.2024
Source: Adobe / lumerb Manta Pacific, the native Layer 2 modular blockchain of Manta Network, has witnessed a 65-fold increase in Total Value Locked (TVL) over the last quarter. Launched just under four months ago, in October 2023, Manta Pacific’s TVL started at a modest $10 million. However...
Franklin Templeton Unveils EZBC, its Spot Bitcoin ETF Offered on Cboe BZX Exchange
12.1.2024
Source: Getty Images Franklin Templeton has stepped into the digital asset arena with the launch of its spot Bitcoin (BTC) exchange-traded fund (ETF). Named the Franklin Bitcoin ETF and trading under the ticker symbol EZBC, the fund is specifically designed for U.S. investors and mirrors...
Bitcoin Price Prediction: ETF Surge Boosts BTC to $46,000 Amid Dollar Fluctuations & Inflation
12.1.2024
In the ever-evolving landscape of digital currencies, Bitcoin has once again captured the financial world’s attention. Amid a backdrop of significant market movements, Bitcoin is currently trading at $45,986, marking a decrease of 1.20 percent as of Friday. This recent fluctuation comes...
Vendetta Games Beginners Guide: Hunting bounties in the Wild West metaverse?
12.1.2024
Vendetta Games’ flagship game, Chalk River Metaverse, blends the wild-west, open-world combat genre with NFTs and web3. Users made the first alpha tests available for the public earlier last year, but the game has come a long way since then. While we wait for its upcoming token generation...
Mike Novogratz Predicts a Bitcoin ETF War Between Invesco, BlackRock, and Fidelity
12.1.2024
Source: LinkedIn The recent regulatory approval of 11 Bitcoin (BTC) spot exchange-traded funds (ETFs) has set the stage for an intense battle among asset management firms. Renowned crypto enthusiast Mike Novogratz, who is CEO of Galaxy Digital, has forecasted a fierce struggle for dominance...
Congressman Warren Davidson Rails Against Treasury’s ‘Red Herring Arguments’ On Crypto
12.1.2024
Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has rejected the policy suggestions made by the U.S. Treasury on crypto assets, stating these seek to ban digital assets in the U.S. using unworkable...
Terra Founder Do Kwon Asks US Court to Push Trial to Mid-March
12.1.2024
Source: Terra / YouTube Do Kwon, the former CEO of Terra, is seeking a delay in the Securities and Exchange Commission (SEC) trial against him and his former company so he can attend the trial. Kwon’s counsel has formally requested a U.S. court to postpone the trial due to uncertainties...
Crypto Community Calls to Boycott Vanguard as $7.7 Trillion Asset Manager Blocks Spot Bitcoin ETFs
12.1.2024
Source: Vanguard Asset management giant Vanguard has opted not to allow the purchase of spot Bitcoin exchange-traded funds (ETFs) on its platform, triggering the crypto community. According to a report from The Wall Street Journal on January 11, Vanguard stated that it will not offer the new spot...
Fundstrat Says Bitcoin Is Headed for $150K — Predicts BTC Could Hit $500K in 5 Years
12.1.2024
Financial research firm Fundstrat’s head of research has predicted that the price of bitcoin is headed for $150K and could hit $500K in five years. Emphasizing the cryptocurrency’s finite supply and “a potentially huge increase in demand with a spot bitcoin approval,”...
South Korea Regulator Holds Firm Stance Against Crypto ETFs Approval
12.1.2024
Source: AdobeStock While the US has finally approved a decade-long wait for Bitcoin exchange-traded funds (ETFs), South Korea still stands firm in banning BTC ETFs. South Korea’s Financial Services Commission (FSC) said that the launch of virtual currency ETFs is “impossible”...
South Korean Crypto-related KOSDAQ Stocks Soar on Bitcoin ETF News
12.1.2024
Source: mirsad/Adobe South Korean crypto-related KOSDAQ stocks “soared” on the news of the US Securities and Exchange Commission (SEC)’s approval of 11 Bitcoin spot ETFs. No South Korean crypto firm has yet floated on the Korean Exchange. However, several listed companies have...
Robert Kiyosaki Increases BTC Holdings After SEC Approval of Spot Bitcoin ETFs
12.1.2024
Rich Dad Poor Dad author Robert Kiyosaki has revealed that he bought additional bitcoin following the approval of spot bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The famous author is deeply concerned about the U.S. economy, particularly the threat...
Domestic Exchanges Account for 99.7% of Brazilian Cross-border Crypto Trades – Central Bank
12.1.2024
Source: Alexey Novikov/Adobe Exchanges that buy coins overseas to sell on the domestic market account for most of Brazil’s cross-border crypto trade, a Central Bank report has found. The findings were published in an official post from the bank’s data analysis team. The authors reported...
StarkWare CEO Uri Kolodny Steps Down for Health Reasons, Continues as Board Member
11.1.2024
Source: StarkWare Uri Kolodny, the CEO and co-founder of StarkWare Industries, has stepped down from his role due to family health issues. However, he will remain a board member of StarkWare and Starknet Foundation. Announcing his decision on X, Kolodny appointed Eli Ben-Sasson, the president...