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Elon Musk’s X Abandons NFT Profile Pictures, Sidelining Ethereum Integration
11.1.2024
Image Source: Getty Images X (formerly Twitter), under the ownership of Elon Musk, has discontinued a feature that allowed premium users to use non-fungible token (NFT) images as their profile pictures. The feature, introduced in January two years ago, was aimed at Twitter Blue subscribers...
Bitcoin ETFs Secure Approval Exactly 15 Years After Hal Finney’s Iconic ‘Running Bitcoin’ Tweet
11.1.2024
Finney, who died in August 2014, was also the first person besides Bitcoin’s pseudonymous creator, Satoshi Nakamoto, to download and run Bitcoin’s software
US Spot Bitcoin ETF Approved, UK Unlikely to Follow Suit
11.1.2024
Over the years, the FCA has repeatedly flagged concerns about the extreme volatility of crypto assets It’s a historic moment for the cryptocurrency market as the US Securities and Exchange Commission (SEC) finally approved eleven spot Bitcoin ETFs. Crypto enthusiasts around the world are looking...
Mass Approvals: SEC Green-Lights 11 Spot Bitcoin ETFs
10.1.2024
The U.S. Securities and Exchange Commission (SEC) has approved 11 spot bitcoin exchange-traded funds (ETFs) for listing and trading on U.S. stock exchanges. In a historic move after years of anticipation and regulatory hurdles, the approved spot bitcoin ETFs are expected to start trading Thursday...
Tom Lee Predicts Bitcoin Could Reach $500,000 in Next Five Years
10.1.2024
Source: Pixabay Crypto market analyst Tom Lee has predicted that Bitcoin could reach $500,000 within the next five years. In an interview on CNBC’s “Squawk Box,” Lee predicted that Bitcoin could hit $100,000 and “maybe” $150,000 within the next 12 months, and added that “something around half...
World’s First AR & VR Ecosystem that Connects the Smartest Minds Together – 5th Scape’s Limited Presale Window is Now Open
10.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Virtual Reality (VR) is one of the fastest-growing and most interesting sectors in the entertainment sector. It has experienced exponential growth over the last few years. The industry has been...
OneCoin Crypto Scam: German Court Sentences Fraudsters to Jail
10.1.2024
Source: Svetoslav Radkov/Adobe Founders of the infamous OneCoin cryptocurrency scam have been sentenced to several years in jail by a German court. A German court in Münster on Monday handed down sentences to key accomplices involved in the OneCoin crypto fraud case. The couple Frank Ricketts...
El Salvador’s Bitcoin Investment Yields $12.6 Million in Unrealized Gains Ahead of Bitcoin ETF Decision
9.1.2024
Source: AdobeStock/ MMollaretti El Salvador’s Bitcoin (BTC) portfolio of 2,798 tokens has yielded an unrealized profit of $12.6 million, and there are no plans to sell. El Salvador is sitting on $12.6 million in unrealized profits on its bitcoin (BTC) investment after being in the red for...
Bitcoin Primed To Repeat Bullish Crossover From Epic 2016 Rally After 8 Years of Wait — Here’s What You Need to Know
9.1.2024
The Bitcoin price action is signaling a bullish crossover unseen for 8 years that mimics the epic 2016 rally, indicating potential new highs ahead. Image by Kerem Goktug Kaya, DALL-E 3. Bitcoin ETF hype is currently pushing prices higher, but behind the scenes, a key indicator is flashing bullish...
Bitcoin Decouples from Nasdaq, 40-Day Correlation Now Stands at Zero
9.1.2024
Source: Adobe/vinnstock Bitcoin (BTC) has broken free from its historical correlation with Nasdaq (NDX), with the 40-day correlation dropping to zero. For most of the past four years, BTC had been moving in sync with the tech-heavy equity index on Wall Street. However, according to data analyzed...
Binance.US Taps Lesley O’Neill as its New Chief Compliance Officer
8.1.2024
Source: AdobeStock / piter2121 Binance.US, the American subsidiary of global cryptocurrency behemoth Binance, has announced the appointment of Lesley O’Neill as its new Chief Compliance Officer. According to a recent announcement, O’Neill brings a wealth of experience to the role, having...
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...
Harvesting the Digital Skies: The Controversial Practice of Airdrop Farming
6.1.2024
As the crypto economy burgeons, a new trend called airdrop farming is taking root, offering both promise and pitfalls. The following is an exploration of this emerging practice, unraveling its intricacies, potential rewards, and the controversies it stirs. The Double-Edged Sword of Airdrop Farming:...
Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years
6.1.2024
Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC) to launch its spot bitcoin ETF....
Exness marks 15 years in the financial markets
4.1.2024
Exness, a multi-asset broker, recently completed 15 years in the financial markets. The celebrations were done in Cyprus by bringing together a group of partners, employees, and privileged clients. The company is known to offer a wide range of instruments, including, but not limited to, Forex...
Radiologex Unveils R-DEE Protocol Network and Announces Limited RDGX Token Pre-Sale
4.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Radiologex Technologies Ltd. proudly presents the debut of the R-DEE Protocol™ Network by Radiologex, a bespoke blockchain solution for the global healthcare IT sector. After more than five years...
Mystery Wallet Rockets to Top 10 Bitcoin Holders With 8,888 BTC New Year’s Gain
3.1.2024
A bitcoin wallet, believed to be linked to Tether, the leading stablecoin issuer, has ascended to become the tenth largest holder of bitcoin. This elevation occurred after an accrual of 8,888 bitcoin from Bitfinex as the year concluded. Presently, the wallet’s holdings total around 66,465.20...
Stablecoin Storm — Gemini’s GUSD Shrinks 93% Amidst Market Turbulence
3.1.2024
Over the past few years, the stablecoin market has significantly slowed, particularly since mid-2022, following the collapse of Terra’s stablecoin. Additionally, last year, the New York Department of Financial Services (NYDFS) instructed Paxos to cease the issuance of BUSD. Beyond these...
How BlackRock’s ETF Approval Alters the Landscape and Affects Cogwise, Which is Revolutionizing Stock and Cryptocurrency Trading
3.1.2024
The world of cryptocurrency has seen a surge in popularity over the past few years, with many investors turning to digital currencies as a way to diversify their portfolios. However, with the increasing number of cryptocurrencies on the market, it can be difficult to make informed investment...
Crypto Whales are Accumulating This AI Crypto Coin For a 2024 Rally – What Do They Know?
2.1.2024
AI crypto platform yPredict is nearing the end of presale for its $YPRED token. Image by Kerem Goktug Kaya, DALL-E 3. The crypto market has seen incredible technological advancements in recent years, with projects utilizing artificial intelligence (AI) at the forefront of this progress. AI-focused...