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Fallout From Falsely Confirmed Approval of Spot BTC ETFs + More Crypto News


Source: AdobeStock / Angelov Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Fallout From Falsely Confirmed Approval of Spot BTC ETFs Crypto Exchanges to Gross Over $50Bn in 2024 Binance Labs-Backed...

Altcoins Weekly Losses Grow as Market Liquidations Continue


Pixabay Cryptocurrencies face market corrections days into 2024 based on several factors ranging from trader gripping reports, a fake spot Bitcoin (BTC) ETF social media post, and other factors.  On-chain data shows declining asset prices in the second week of the year, especially around altcoins...

SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet


Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved.  The incident, which caused significant volatility in the crypto...

Valkyrie CIO Says Market May See Ripple, Ethereum ETFs Next


Source: DALL·E Valkyrie Funds Chief Investment Officer Steven McClurg says it wouldn’t be surprising if a Ripple and Ethereum spot exchange-traded fund (ETF) came to the market speaking in an interview with Bloomberg TV. “It wouldn’t surprise me if we saw Ripple or Ethereum spot ETFs...

SEC confirms Twitter hack, Denies Bitcoin ETF approval


Gary Gensler, the SEC chairperson, recently confirmed that the SEC Twitter/X account was compromised. The chairperson stated that the US Securities and Exchange Commission has yet to approve any Bitcoin ETF product. While the X/Twitter account was compromised, the unidentified party released...

BitGo Gains In-Principle Approval from Authority to Operate in Singapore


Source: Pixabay / sasint BitGo has recently been granted in-principle approval from Singapore’s Monetary Authority of Singapore (MAS) for a Major Payment Institution license. According to a social media post published by the established American digital asset custody firm, BitGo is one step...

VC Chamath Palihapitiya States Bitcoin Is Ready to Cross the Chasm in 2024


Chamath Palihapitiya, venture capitalist and CEO of Social Capital, explained that 2024 will be the year for bitcoin to “cross the chasm” and become a mainstream asset. Palihapitiya believes that the approval of an upcoming slew of spot ETFs will power bitcoin to become part of...

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