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Former Bitmex Chief Predicts 30% BTC Correction — Warns Spot Bitcoin ETFs Could Make It Worse
8.1.2024
Former Bitmex CEO Arthur Hayes is cautioning about a potential 30% correction in the bitcoin market. “The washout could be even more severe if the slate of U.S.-listed spot bitcoin ETFs has already commenced trading,” he warned. “I could easily see a 30% to 40% correction due to...
SEC Issues ‘Fear of Missing Out’ Warning Ahead of Spot Bitcoin ETF Decision
8.1.2024
The U.S. Securities and Exchange Commission (SEC) has warned investors about fear of missing out (FOMO). “Just because others might buy a particular investment, doesn’t mean it’s the right opportunity for you,” the SEC noted. “We’ve all seen the increased interest...
Blackrock Expects SEC to Approve Spot Bitcoin ETF This Wednesday
7.1.2024
Blackrock, the world’s largest asset manager, reportedly expects its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust, to be approved by the U.S. Securities and Exchange Commission (SEC) this coming Wednesday. According to reports, the asset manager has lined up over...
Bitcoin’s First Wallet Comes Alive: A Sudden $1.17 Million Transaction Unfolds
7.1.2024
Image Source: Adobe An unidentified Bitcoin (BTC) user has sent 26.9 BTC, equivalent to $1.17 million, to the genesis wallet, the first-ever wallet created on the Bitcoin network by Satoshi Nakamoto. The transaction took place on January 5 at 1:52 am Eastern Time and attracted attention due to...
Mysterious Million-Dollar Bitcoin Transfer Sparks Wave of ‘Dust’ to Satoshi’s Genesis Wallet
7.1.2024
After the enigmatic transaction on Jan. 5, 2024, in which an unidentified bitcoin wallet transferred 26.917 bitcoin worth $1.19 million to Satoshi Nakamoto’s Genesis wallet, there has been a surge of about 34 dust transfers to the same address in the past 24 hours. A Slew of Micro...
Bonk Price Prediction as BONK Falls 68% From Recent Peak – Dip Buying Opportunity?
7.1.2024
In the ever-evolving cryptocurrency market, Bonk (BONK) has recently caught the eye of investors and traders alike. Despite its significant prominence, Bonk has experienced a dramatic 68% drop from its recent peak, currently trading at $0.000011. This decline has sparked interest among those...
Consortium of Nigerian Banks and Fintechs Cleared to Pilot Stablecoin
7.1.2024
The Nigerian central bank has given its go-ahead for the Africa Stablecoin Consortium (ASC) to pilot its cNGN stablecoin initiative in the financial regulator’s regulatory sandbox. The ASC asserts that the cNGN stablecoin can prove to be vital not only for the country’s payment rails but...
Report: Taiwan Police Arrest Crypto Exchange Bosses Accused of Fraud
7.1.2024
The police in Taiwan recently arrested two individuals who are accused of deceiving 100 investors into buying fake virtual currencies. The police also apprehended 14 other participants in the fraud scheme and recovered more than $7 million in both cash and virtual currencies. Worthless Virtual...
Investors Rush As Pandoshi (PAMBO) Presale Stage 3 Is Quickly Selling Out
7.1.2024
Pandoshi, an emerging player in the crypto market, is quickly gaining recognition for its novel approach and successful early funding rounds. Earning rapid acclaim in the crypto sphere, Pandoshi has raised over $1,700,000, reflecting market confidence in its future. The project differentiates...
Traders Liquidate $225M in Crypto To Start The Year While Meme Coin Sees Investor Boost
7.1.2024
TLDR The crypto market kicked off the new year with massive liquidations of $225 million. NuggetRush emerges as a memecoin that has attracted investor boosts. The engaging gameplay experience NuggetRush offers makes it an attractive choice worth diversifying your portfolios with. In a dramatic...
From Dogecoin to Rebel Satoshi: Why Seasoned Investors Are Shifting Focus to This Emerging Crypto Marvel
7.1.2024
TLDR Dogecoin stagnates at around $0.093, and experts expect it to start bleeding soon. Rebel Satoshi has gained 100% thus far, with more gains coming before February. As 2023 nears its end, top crypto coins like Dogecoin (DOGE) have recorded notable gains. However, novice investors who missed...
Former Citi Executives Launch New Bitcoin Product That Bypasses SEC Approval
7.1.2024
A group of former Citigroup executives has introduced a new product called bitcoin depository receipts. They explained that this crypto product does not need to be registered with the U.S. Securities and Exchange Commission (SEC). The new offering aims to be a “complementary” product...
Blackrock Lines up $2 Billion for Spot Bitcoin ETF Launch, Sources Say
7.1.2024
Blackrock, the world’s largest asset manager, has reportedly lined up more than $2 billion for its spot bitcoin exchange-traded fund (ETF) within days of launch. Vaneck’s head of digital assets research and a Bloomberg ETF analyst have independently verified with their sources that Blackrock...
Watchdog Group Warns SEC: Reject Spot Bitcoin ETFs or Face ‘Financial Carnage’
6.1.2024
Financial watchdog group Better Markets has called on the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), warning that they “will inflict massive investor harm.” The organization features U.S. Senator Elizabeth Warren’s...
2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months
6.1.2024
Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total deposited ether, with a massive addition of 1.7 million...
Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs
6.1.2024
During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $100 threshold on Saturday, Jan. 6, 2024. 2024 Brings Chill...
11 Spot Bitcoin ETFs Inch Closer to Approval — Analyst Says It’s ‘Basically Done’
6.1.2024
Eleven spot bitcoin exchange-traded funds (ETFs) are moving closer to approval by the U.S. Securities and Exchange Commission (SEC). Proposed rule changes to list and trade all 11 spot bitcoin ETFs on stock exchanges have been filed with the SEC. “It’s basically done,” an ETF analyst...
3 Reasons that show the next bull run is here and Solana (SOL) and Retik Finance (RETIK) are frontrunning it
6.1.2024
The cryptocurrency market, known for its volatility and unpredictability, has always been a subject of fascination for investors and enthusiasts alike. Speculations about the next bull run have been circulating for some time now, and it appears that the much-anticipated surge is finally upon us.In...
Solana Price Prediction as SOL Dips Below $100 and Bounces Back – Time to Buy?
6.1.2024
Solana (SOL/USD) has experienced a challenging start to 2024, with its price dipping below $95 despite a generally optimistic trend in the broader cryptocurrency market. Notably diverging from the upliftment seen in other cryptocurrencies spurred by the anticipation of Bitcoin exchange-traded funds...
Mystery Transfer — Unidentified Wallet Sends $1.19 Million in Bitcoin to Satoshi Nakamoto’s Genesis Address
6.1.2024
Two days after Bitcoin’s 15th anniversary, an unidentified wallet transferred roughly 26.917 bitcoin, valued at $1.19 million, into Satoshi Nakamoto’s Genesis wallet. Originating on Jan. 3, 2009, this wallet has primarily accumulated nominal dust transactions. Including the hard-coded...