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Crypto Scam Based on TV Show The Boy’s Word Sweeping Russia, Warns Central Bank
19.1.2024
Source: May Thawtar/Adobe Russia’s Central Bank has warned citizens about a crypto “scam” project based on the hit drama series The Boy’s Word: Blood on the Asphalt. Per the media outlet VN.RU, the project also calls itself “The Boy’s Word.” But the Central Bank says the project is a “pyramid...
SEC Postpones Decision on Fidelity’s Spot Ethereum ETF
19.1.2024
The United States Securities and Exchange Commission (SEC) has postponed its ruling on Fidelity’s spot Ethereum exchange-traded fund until March 5th, a new court filing reveals. “Completely expected” “The Commission finds it appropriate to designate a longer period within which to take action...
Ark Invest Diversifies Crypto Holdings, Buys $15.9 Million of Its Own Spot Bitcoin ETF
19.1.2024
Ark Invest has transitioned $15.9 million from the Proshares Bitcoin Strategy ETF to its in-house Ark 21shares Spot Bitcoin ETF. Cathie Wood’s Ark Invest Redirects Millions to In-house Bitcoin ETF Ark Invest, led by fund manager Cathie Wood, has made several trades based around bitcoin...
Best Crypto to Buy Now January 18 – dYdX, Flare, Sui
18.1.2024
Having hit a new monthly high after outpacing Uniswap in volume, the dYdX price has had an impressive surge, making DYDX one of the leading choices for the best crypto to buy now. While Flare has seen a 10% increase fueled by its new Google Cloud partnership, Sui Network has experienced negative...
Grayscale’s GBTC Sheds Over 13,700 BTC in 24 Hours Amid Rising Bitcoin ETF Competition
18.1.2024
Prior to Wednesday’s market opening, Grayscale’s exchange-traded fund, GBTC, reported holding 605,890.87 bitcoin in reserves. However, according to the company’s most recent update, there has been a significant decrease in GBTC’s holdings, with a reduction of 13,793.09...
Over $24 Billion in Cryptocurrency Received by Illicit Addresses in 2023, Down 40% from 2022: Chainalysis
18.1.2024
Crypto research firm Chainalysis revealed that at least $24.2 billion worth of cryptocurrency was sent to illicit wallet addresses in 2023, encompassing addresses associated with sanctions, terrorist financing, and scams. The figure is considered a conservative estimate, and Chainalysis expects...
Report: USDT-Issuer Tether Purchased 8,900 BTC, Worth $380 Million
18.1.2024
Source: AdobeStock The world’s largest stablecoin issuer, Tether, has reportedly expanded its Bitcoin holdings by acquiring an additional 8,888 BTC. This latest purchase cost a whopping $380 million. You cannot overstate how crucial this is for Bitcoin price discovery. Tether is earning ~$1bn/Q...
Vitalik Buterin Debates Over Blockchain Scaling Terminology
18.1.2024
Amid the rapidly evolving Ethereum ecosystem, Vitalik Buterin has rejoined the debate on the classification of layer-two scaling solutions, putting the spotlight on the security and scalability trade-offs between rollups and validiums. Vitalik Buterin Weighs in on Ethereum Layer-Two Inclusion...
Gary Gensler Warns about AI’s Impact to Financial Systems, Doesn’t Touch on Cryptocurrency
18.1.2024
Securities and Exchange Commission (SEC) Chair Gary Gensler has previously warned that artificial intelligence (AI) could lead to the next financial crisis. Gensler once again elaborated on this topic during a virtual fireside chat hosted by the non-profit advocacy organization Public Citizen...
New Bitcoin ETFs See Record Daily Flows As Total BTC Holdings Rise to $3 Billion
18.1.2024
Newly launched Bitcoin spot ETFs saw their highest daily flows on their fourth day of trading, absorbing $913.6 million on Wednesday. The wave of capital brings assets under management for all such funds that began trading last week up to $2.9 billion. Both figures – provided by Bloomberg...
Ethereum’s Dencun Upgrade Successfully Launches on Goerli Testnet After Initial Hiccups
18.1.2024
The Ethereum network has successfully implemented the Dencun upgrade on its Goerli testnet. This achievement comes as a part of Ethereum’s ongoing effort to introduce cost-effective data storage solutions on its blockchain. Dencun Upgrade Triumphs on Goerli Testnet After Initial Delay...
Senators Introduce New Crypto Legislation to Combat Illicit Finance in Crypto
18.1.2024
United States Senators Cynthia Lummis (R-WY) and Bill Hagerty (R-TN) introduced a new bill to combat illicit finance across the crypto sector on Wednesday. Disrupting bad actors Known as the Preventing Illicit Finance Through Partnership Act of 2024, the bill aims to coordinate efforts between...
Biggest Crypto Gainers Today on Uniswap – CBDC, TEST, TRUMP
18.1.2024
Uniswap logo Despite a slide in the Bitcoin (BTC) price to fresh 2024 lows under $41,500 in recent trade, crypto degens hunting fast gains continue to drive explosive action in low-cap markets, with CBDC, TEST and TRUMP the biggest crypto gainers today on Uniswap. The majority of major...
BlackRock’s New Bitcoin ETF Secures 25K BTC Holdings – Is Institutional FOMO Underway?
18.1.2024
BlackRock’s Bitcoin ETF launch has attracted both crypto experts and traditional investors, securing major holdings in its first week. Image by Luisa, Adobe Stock. BlackRock’s new spot Bitcoin ETF IBIT has attracted considerable interest from both retail and institutional investors...
Celestia Continues Pump to $20 as $GFOX Presale Eyes $5 Million
18.1.2024
$TIA is likely to return an excellent profit to crypto investors who commit to it. The trending altcoin shows huge potential, with exciting rallies since the beginning of the year. It’s set to be a top gainer this year, and analysts are optimistic about its boom. In the same vein, $GFOX...
Tether Market Cap Nears $95 Billion; Promising Outlook for Aave and InQubeta Gains
18.1.2024
The introduction of stablecoins into the crypto landscape has proven useful, although some haven’t been as stable as the name implies. Tether (USDT) is one such company that creates stablecoins, and is the most popular stablecoin in the world. The recent USDT creation of one billion tokens...
In Social Media Buzz, Investment Giant Franklin Templeton Commends Ethereum and Solana’s Advances
18.1.2024
Based in San Mateo, the prominent investment management firm, Franklin Templeton, has been actively posting about digital assets on social media following the recent approval of its new spot bitcoin exchange-traded fund (ETF). The firm’s U.S. X account now sports a modified logo featuring...
Hackers Mislead Rocket Pool X Users with Bogus Contract Breach Claims
18.1.2024
Followers of Ethereum-based staking protocol Rocket Pool’s X account have over the past 24 hours found themselves caught in a web of confusion. Hackers took control of the account and used it to spread misleading information about a supposed smart contract breach. From 6.30 UTC on Wednesday,...
DogWifHat Price Prediction as 500% Pump Shocks Market – Next Crypto Unicorn?
18.1.2024
A surge in Solana blockchain-based meme coin DogWifHat’s (WIF) price in recent days has shocked the market, with some claiming the token could be the next crypto unicorn. The DogWifHat price reached a new all-time high in the $53s earlier on Thursday, pushing its market cap at the time above $530...
Bitcoin Price and Ethereum Prediction as Billionaire Jamie Dimon Says BTC Has ‘No Value’ – Is Bitcoin Going to Zero?
18.1.2024
In the dynamic cryptocurrency market, Bitcoin (BTC) maintains stability around $42,500, despite the 1.20% downturn in the overall crypto market, now valued at $1.68 trillion. This steadiness is partly due to the excitement around the newly approved Bitcoin spot ETF, which has brought a fresh wave...