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SEC Could Approve Spot Bitcoin ETF Within 6 Months, Says Mike Novogratz
11.8.2023
Galaxy Digital CEO Mike Novogratz is optimistic that the U.S. Securities and Exchange Commission (SEC) could approve a spot bitcoin exchange-traded fund (ETF) within four to six months. The executive cited his contacts at Blackrock, the world’s largest asset manager, and investment...
BlackRock insiders say Bitcoin ETF is likely 6 months away: Novogratz
9.8.2023
“We’re going to fight like cats and dogs to win market share” once spot Bitcoin ETFs are approved, Galaxy Digital CEO Mike Novogratz told shareholders
Cardano Price Prediction as Blockchain Transactions Surge Up Nearly 50% in 3 Months – Are Whales Moving to Cardano?
8.8.2023
The price of Cardano (ADA) has dropped by 0.5% in the past 24 hours, with its slide to $0.290402 also representing a 5% loss in the last seven days.
This weekly fall comes amid a difficult period for the wider cryptocurrency market, which has recently been undermined by negativity surrounding...
Investors Have Stopped Shorting Bitcoin for First Time in 3 Months: CoinShares Report
8.8.2023
According to the latest Coinshares Fund Report, outflows into short Bitcoin (BTC) products have ceased for the first time in fourteen weeks.
This notable shift in the market suggests that significant digital asset funds are now adopting a different strategy towards the leading cryptocurrency...
Central Banks Resumed Gold Purchases in June
8.8.2023
Central banks ramped up gold purchases in June, according to statistics from the International Monetary Fund (IMF). In this period, central banks added 55 tonnes of gold to their reserves after three months of net selling, with China purchasing the most gold (21 tonnes). Central Banks Back...
Two Months in El Salvador: The Ground Game for Bitcoin Adoption
7.8.2023
A graduate student on leave from the Wharton School checks in on the first country to adopt Bitcoin as legal tender. Are locals buying it?
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
7.8.2023
Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job
Worldcoin expects more companies to integrate in the coming months, says product head
7.8.2023
The head of product at Tools for Humanity told Cointelegraph that Worldcoin is expecting more companies to integrate in the second half of the year
Binance Users Reach 150 Million, CZ Reveals
5.8.2023
Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto...
Poll: Majority of Americans See US Economy in Decline
3.8.2023
Despite months of increasingly positive economic indicators, a majority of Americans still believe the economy is worsening, according to a new CNN poll. CNN Poll Reveals Majority See Worsening Economy The survey of 1,279 adults found that 51% think the U.S. economy remains in a downturn that...
Ether Options Market Shows Bias for Price Weakness Over Next 6 Months
1.8.2023
Ether's price appears overvalued compared to Ethereum's dwindling revenues, one analyst said
Optimism transaction volumes surpass Abitrum’s for the first time in six months
27.7.2023
Optimism lost the top spot to Arbitrum in January, after the end of its season one “quest," but has regained it after Worldcoin launched on July 25
Global Crypto ATM Resurgence: Net Growth Rebounds After Initial 2023 Slump
26.7.2023
In the wake of over 5,000 crypto ATMs being taken out of service during the initial four months of 2023, the past four months have witnessed a resurgence in global crypto ATM installations. Crypto ATM Landscape Rebounds After Downturn Ever since the debut of the first bitcoin ATM in Vancouver...
Dogecoin Registers Biggest Single-Day Gain in 4 Months, Futures Open Interest Tops $500M
26.7.2023
DOGE jumped 10% on Tuesday, its biggest single-day percentage gain since April 3
Examining Worldcoin’s Concentrated Supply at Token Launch
25.7.2023
Following the Monday, July 24, launch of the worldcoin (WLD) token, the cryptocurrency quickly peaked at $3.30 per coin but has since depreciated by over 35%. Despite 18 months of beta testing and claims of more than 2 million sign-ups, the token has a scant 164,195 holders with its circulating...
Elon Musk says X will offer an 'entire financial world' in the coming months
25.7.2023
In light of the Twitter rebranding Elon Musk posted that in the coming months, users can expect to conduct their “entire financial world” via the X platform
Canadian Police Warn of Surge in Home Invasion-Style Robberies Targeting Affluent Crypto Investors
22.7.2023
Canadian law enforcement reports that affluent cryptocurrency investors have become targets of home invasion-style robberies. Both Delta Police and Royal Canadian Mounted Police in Richmond have issued warnings after having dealt with multiple robberies involving prominent cryptocurrency investors...
Coinbase to Wind Down Lending Program Over Coming Months
20.7.2023
Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said
Turkish Court Sentences Founder of Defunct Crypto Exchange Thodex to More Than 7 Months in Prison
20.7.2023
A Turkish court has sentenced Faruk Fatih Özer, the founder of the collapsed cryptocurrency exchange Thodex, to an effective seven months and 15 days in prison. During the trial, Özer denied being an executive of the crypto exchange when the platform allegedly failed to furnish the Tax Inspection...
Scarce Open Market Supply of Top Two Gold Tokens as Concentration Levels Run High Among Top Holders
18.7.2023
Over the last six months, the value of an ounce of gold has witnessed a 3.8% surge in relation to the U.S. dollar. Within the realm of cryptocurrencies, there exist two noteworthy tokens backed by gold: pax gold (PAXG) and tether gold (XAUT). Together, these tokens amass a considerable worth...