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Bitwise files for Spot ETH ETF but wants SEC to wait till December


Bitwise has recently filed for a spot in Ethereum ETF with the US Securities Exchange Commission (SEC). The technology solutions provider wants to leverage the success of the Bitcoin ETFs in the US. However, Bitwise has expressed hope that the SEC will wait until December to make the final...

Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit


Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. “Our trading volumes and business more generally have imploded,” said Blodgett after the SEC froze Binance.US’...

Bonk Price Prediction as BONK Surges 50% in 24 Hours – $1 BONK Incoming?


Meme coin BONK has surged 50% in the last 24 hours and nearly 75% in the last week to hit a new two-and-a-half-month high of $0.00002116, according to data from CoinGecko. Although the token is now back within the range it was on December 22 last year, it’s still nearly 40% short of...

Pepe Price Prediction as PEPE Pumps Up 30% – Are Whales Buying Again?


The Pepe (PEPE) price pumped up 30% on Monday, with investors flooding back into the meme coin amid a surge in risk-taking activity across cryptocurrency markets as Bitcoin (BTC) retook $54,000 for the first time since early December 2021. The post Pepe Price Prediction as PEPE Pumps Up 30% –...

US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain: Matrixport


The price of the leading cryptocurrency Bitcoin surged over 23% this month, crossing the $52,000 mark for the first time since December 2021. 12% of the surge came during US trading hours, as per a report by Matrixport. The post US Trading Hours Drive 12% of Bitcoin’s 23% Monthly Gain:...

How Indonesia’s Election Outcome Will Impact Crypto


Indonesia, a trillion-dollar economy, is impossible to ignore. The country held its election on Wednesday with defence minister Prabowo Subianto and ex-governors Anies Baswedan and Ganjar Pranowo all competing to become the next president. In December, Indonesia’s Mayor Gibran Rakabuming...

CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal


The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10 million....

As Cardano Price Rises, Spotlight Turns to an Emerging Green Crypto Project


As the Cardano price rises towards $0.55 and threatens a break back to last December’s highs in the $0.68 area, the spotlight is turning to an emerging green crypto project called eTukTuk. The Cardano price rose through a downtrend that had been in play since December on Thursday. It was last...

Bitmain’s Mining Firm BitFuFu Set to Go Public in the U.S. via SPAC


BitFuFu, a bitcoin mining firm affiliated with Bitmain, a prominent player in the cryptocurrency mining industry, is advancing towards a public listing in the United States through a merger with a special-purpose acquisition company (SPAC). On December 31, BitFuFu filed an F-4 form with the U.S....

Cardano’s Price Dips Below $0.50 Level – Time to Buy?


Cardano’s price dipped below $0.50 yesterday by lunchtime EST and continued to sustain the losses throughout most of today. The ADA token posted a dip of about 2% over the last 24 hours and currently changes hands at $0.49. Considering its recent price action, this is somewhat of a comedown....

British Columbia Court Upholds B.C. Hydro’s Ban on Crypto Mining


A provincial supreme court judge in British Columbia has deemed B.C. Hydro’s moratorium on crypto mining projects reasonable, according to a ruling posted on Monday. The moratorium, initially enacted in December 2022, faced a challenge from Conifex Timber, a forestry company diversifying into...

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