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Bitcoin Under $39K As ETF Debut Continues To Be a ‘Sell-the-News’ Event
23.1.2024
BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%
Bitcoin ETFs Gain Momentum in Asia Post U.S. Approval
23.1.2024
As the first Bitcoin spot price exchange-traded funds receive historic approval in the United States, Asian industry leaders, particularly in Hong Kong, are actively exploring similar crypto products. BitGo’s APAC Director Abel Seow told Cryptonews that they are witnessing an increased interest...
Cathie Wood’s Ark Buys $64M of its Spot Bitcoin ETF Since Launch
23.1.2024
Famed money manager Cathie Wood’s investment firm bought an extra $21m of its bitcoin-based spot ETF on Monday, bringing its total purchases in the fund to around $64m. Ark Invest bought 523,541 shares of the Ark 21Shares Bitcoin ETF (ARKB) on Monday via its Ark Next Generation ETF (ARKW),...
Bitcoin Price Prediction: BTC at $40,100 Amid ETF Accumulation and SEC Decisions
23.1.2024
In the In the dynamic world of cryptocurrency, Bitcoin’s price prediction remains a topic of keen interest. As of recent observations, Bitcoin is trading around $40,104, marking a decrease of 2.80%. This movement comes amidst significant events in the crypto space, including the involvement...
Bitcoin Ordinals ‘Genesis Cat’ Sells for $254K in Sotheby’s Digital Art Auction
23.1.2024
“Genesis Cat,” a digital art piece created on the Bitcoin blockchain’s Ordinals protocol, was sold for over $250,000 at a recent Sotheby’s auction. Created by artist and engineer Francisco “FAR” Alarcon, “Genesis Cat” is a part of the Quantum Cats collection, produced...
Trump Reiterates Anti-CBDC Stance, Credits Vivek Ramaswamy for Policy Guidance
23.1.2024
The Republican frontrunner credited former candidate Vivek Ramaswamy for the policy
Wave of Spot-Based Bitcoin ETFs Could Drive Bitcoin to $60K This Year: CoinShares
23.1.2024
Despite facing hurdles, bitcoin’s price could rebound and potentially soar to $60,000 this year, per CoinShares’ analysis. In a report published Monday, CoinShares forecasted 2024 as a pivotal year for digital assets, anticipating a surge in bitcoin’s value following the recent launch...
Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures
23.1.2024
Rep. Maxine Waters has expressed significant concerns over Meta’s continued involvement in the digital asset sector. In a detailed letter addressed to Meta CEO Mark Zuckerberg and COO Javier Olivan, the California Democrat, known for her critical stance on Meta’s previous cryptocurrency...
Analysts Predict This Solana (SOL) Rival Token to Reach $10 in 2024, Priced at $0.008 Now
23.1.2024
Amidst the competitive market of digital currencies, analysts are turning their focus to a compelling Solana rival – Pandoshi (PAMBO). Currently priced at $0.008, this token is capturing the attention of market experts who predict an unprecedented rise to $10 by 2024. Such a significant forecast...
Monster Hunter Rise Broke On Steam Deck After Capcom Added DRM
22.1.2024
Monster Hunter Rise, the sixth mainline entry in Capcom’s creature-slaying action RPG, is now broken on Steam Deck. It seems that, right after the company replaced its old digital rights management (DRM) software with a new one, the game just wouldn’t boot up anymore. That sucks, but Capcom...
Bitcoin Price Plunges Below $40,000, Down Nearly 20% From Post-ETF Launch Highs – Here’s How Low the BTC Bears Could Bury the Price
22.1.2024
The Bitcoin (BTC) price just plunged below $40,000 for the first time since early December, taking its pullback from post-spot Bitcoin ETF approval highs above $49,000 to nearly 20%. Having shed over 3.5% since the start of the day, the BTC price was last changing hands just above $40,000. Reports...
Spot Bitcoin ETFs Record $4B in Inflows as Incumbent Crypto Fund Issuers Lose $2.9B
22.1.2024
Source: AdobeStock Spot Bitcoin exchange-traded fund (ETF) is garnering rising interest, but crypto fund incumbents are on the losing side of the equation. CoinShares’ Digital Asset Fund Flows Weekly Report on Jan 22 disclosed a substantial $4.13 billion in inflows since the launch of the first...
SEC Shut Off Extra Security on X For About 6 Months, Letting Hacker Breeze In
22.1.2024
The U.S. Securities and Exchange Commission (SEC) confirmed that a hacker took over its X account through a "SIM swap" attack that seized control of a cell phone associated with the account. That allowed the outsider to falsely tweet on January 9 that the agency had approved spot bitcoin...
Bitcoin-Based Digital Art Image 'Genesis Cat' Sells for $254K in Sotheby's Auction
22.1.2024
The sale of the digital image from the Taproot Wizards project came as popularity surges for the NFT-like creations minted atop the Bitcoin blockchain's Ordinals protocol. All in, some 19 lots sold by Sotheby's raked in a combined $1.1 million
Alameda Research Drops Lawsuit Against Grayscale Amid GBTC Outflows
22.1.2024
Alameda Research Ltd., the hedge fund associated with the bankrupt cryptocurrency exchange FTX, has voluntarily dropped its lawsuit against Grayscale Investments amid GBTC outflows. According to court filings from January 22, Alameda opted out of suing Grayscale, its CEO Michael Sonnenshein,...
Bitcoin Slides Below $40K, Now Down Nearly 20% From Post-ETF Euphoria
22.1.2024
Analysts at 10x Research are eyeing the $38,000 level for a potential bottom
Bitcoin Bulls Buoyed by Report of FTX's $1B GBTC Sale
22.1.2024
Flows of fresh investor money into the newly approved spot bitcoin ETFs may be far higher than previously thought
Global Crypto User Base Hits 580M, Following 34% Increase in 2023 – Crypto.com Report
22.1.2024
Source: Pexels Crypto asset adoption is accelerating, with over half a billion people becoming users or owners in 2023, according to a Crypto.com report. Making its disclosure in an 18-page report from its Research and Insights Team, the centralized Bitcoin exchange pointed out that 580 million...
Just In: FTX’s Bankruptcy Estate Sold 22 Million GBTC Shares, Leading to $1 Billion GBTC Outflow
22.1.2024
FTX’s $1 billion sell-off of its GBTC shares was a major catalyst of the trust’s outflows after becoming a spot Bitcoin ETF. Image by Formatoriginal, Adobe Stock. The ongoing bankruptcy proceedings for crypto exchange FTX have led to major sell-offs from one of the largest bitcoin...
Pandoshi (PAMBO) Stage 3 Sold Out, Total Raised Over $2 Million
22.1.2024
Pandoshi (PAMBO), a rapidly ascending star in the cryptocurrency sky, has achieved a remarkable milestone: the complete sell-out of its Stage 3 presale, raising over $2 million. This significant achievement underscores the increasing investor confidence in Pandoshi, as enthusiasts and crypto...