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Sources Say Hong Kong Set to Approve First Spot Bitcoin ETFs as Early as Monday
12.4.2024
A recent report indicates that spot bitcoin exchange-traded funds (ETFs) are poised to receive approval from Hong Kong regulators as early as this Monday, as stated by “people familiar with the matter.” Harvest, Hashkey and Bosera ETFs Likely to Debut in Hong Kong Next Week Following...
Circle deploys USDC smart contract for BlackRock’s BUIDL Fund
12.4.2024
Circle, a leading fintech company and issuer of the USDC stablecoin has announced the deployment of a specialized smart contract tailored to investors in BlackRock’s BUIDL Fund. This innovative, intelligent contract solution aims to streamline and automate the transfer process for investors...
AltLayer introduces the second stage of ALT staking
12.4.2024
AltLayer introduces the second stage of ALT staking, which will allow the dual staking function for users to stake ALT, along with ETH and LSTs. Dual stakers will come in for rewards from the forthcoming Xterio ecosystem rewards. MACH functions as an AVS, wherein users can allocate ETH and LSTs....
Can more Solana news drive price higher, or will BSC DeFi narrative takeover?
12.4.2024
Solana news on developments and announcements helped the SOL price recover from its death knell in the past. Meanwhile, the momentum rallied by DeFi on Binance Smart Chain projects is so intense that it’s taking over the crypto market. New projects like Octoblock, with hot presales...
Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition
12.4.2024
Gopax, a prominent South Korean cryptocurrency exchange backed by Binance, disclosed a net loss of 51.3 billion Korean won ($37 million) for the fiscal year 2023.
The post Gopax Reports Reduced Net Loss of $37 Million After Binance Acquisition appeared first on Cryptonews
New cryptocurrency Shiba Inu (SHIB) investors are rapidly adding to their portfolio
12.4.2024
In the dynamic landscape of cryptocurrency investing, one token that has garnered significant attention in recent times is Shiba Inu (SHIB). As new investors enter the market seeking opportunities for exponential growth, many are turning to SHIB as a potential addition to their portfolios. With...
Cleanspark to Upgrade Mining Fleet With 100,000 S21 Pro Bitcoin Miners From Bitmain
12.4.2024
The publicly traded bitcoin mining company Cleanspark has exercised its option to acquire 100,000 bitcoin mining machines from Bitmain. The firm initially secured the option last year, and the agreement has now been enhanced to include the latest S21 Pro model from Bitmain, which offers 15 joules...
Shiba Inu join hands with CDSA to resolve AI concerns within Shibarium
12.4.2024
Shiba Inu becomes the first Layer 2 (L2) blockchain network to team up with the CDSA (Content Distribution and Security Association) to improve blockchain technology in terms of content distribution and security. On 11 April 2024, SHIB, the collective of digital solutions and assets based...
Bitz casino announced USDT coin as a new payment method
12.4.2024
Bitz casino, the colossus of the online gambling arena, has just done something so revolutionary that it’s right up there with the wheel’s invention: they’re now accepting USDT (Tether) coin. Yes, in a move that’s sure to have historians reeling for millennia, Bitz enhances...
Coinbase Derivatives releases Bitcoin Cash and Litecoin futures contracts
12.4.2024
Coinbases has added another feather to its cap, becoming the first cryptocurrency exchange approved by the Commodity Futures Trading Commission to provide Bitcoin Cash and Litecoin-powered contracts. The fact that they surpassed investors’ expectations since their inception at the beginning...
Bitcoin Technical Analysis: BTC Traders on Edge as Mixed Signals Keep Market Guessing
12.4.2024
As of April 12, 2024, bitcoin’s price exhibits resilience, trading at $70,748, with oscillators showing mixed signals while moving averages firmly suggest a bullish trend heading into the weekend. Bitcoin The relative strength index (RSI) on the daily scale sits at a neutral 56, indicating...
Bitgert coin’s meteoric rise: Unveiling a 100x gem phenomenon
12.4.2024
Bitgert is attracting quite a lot of attention in the cryptocurrency industry because it focuses on offering practical solutions for cryptocurrency transactions. It has grown so fast that some people think it may surpass its initial status as just another meme coin to become one of the biggest...
Dogecoin moves closer to dethrone XRP
12.4.2024
Dogecoin is in the 8th spot and XRP is in the 6th, with USDC in between on the list of top cryptocurrencies. However, the trend is expected to flip their positions soon. DOGE is climbing the value at a time when XRP has either halted or is bagging a dip. Also working well for DOGE …
FinCEN appreciates Coinbase’s stance against financial crimes
12.4.2024
The Financial Crimes Enforcement Network (FinCEN) gives a thumbs up to Coinbase for its aggressive stance against illegal financial activities and for assisting law enforcement agencies. The message was delivered through a post on X by the Chief Legal Officer of Coinbase, Paul Grewal....
Is it possible to buy a Tesla with DOGE? Musk drops a bombshell
12.4.2024
Elon Musk and Dogecoin go way back. Tesla’s founder was among the pioneers who accepted and promoted the original meme coin. Now that DOGE has established its market presence, people are wondering whether Tesla will accept the meme token. The question was asked of Musk in a recent interview...
Solana tackles congestion with Anza and Jupiter DEX fixes
12.4.2024
Solana is facing a serious problem of network clogging due to innumerable instances of transaction delays and user inconvenience. There are also doubts about the platform’s upgradability potential. Solana is known for its high output and low latency. To better understand the reasons behind...
A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks
12.4.2024
Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatly from housing wealth,” which now accounts...
British Columbia Province to Regulate Electricity Supply for Crypto Miners
12.4.2024
Canadian province of British Columbia is seeking to regulate cryptocurrency mining electricity use, due to its “unchecked growth.”
The post British Columbia Province to Regulate Electricity Supply for Crypto Miners appeared first on Cryptonews
Base users will return to Binance Smart Chain to jump on a new utility project
12.4.2024
Binance Smart Chain (BSC) has become a favored platform for users seeking to engage in decentralized finance (DeFi) activities. With the emergence of innovative projects like Octoblock on BSC, Base network users are anticipated to troop to BSC and get the best crypto to buy now. Base network Base...
99Bitcoin presale is now live! The next BRC-20 project with explosive potential
12.4.2024
We are fast approaching the biggest crypto event of 2024 as the Bitcoin (BTC) halving event looks like it may happen in the next two weeks when the number of blocks hits 740,000. The Price of BTC has been fluctuating as experts argue whether historical trends will once again prove true or whether...