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Spot Bitcoin ETF Bidding War Heats Up as Applicants Drop Proposed Management Fees Ahead of Expected SEC Approvals – Where Next for the BTC Price?
9.1.2024
Bitcoin (BTC) Token on a Laptop / Source: Adobe Various ETF providers are dropping the management fee they plan to charge investors who buy their spot Bitcoin ETFs, as a bidding war heats up ahead of the expected approvals by Wednesday. Up to 13 ETF providers may be given the green light to launch...
Bitcoin Price Marks First-Ever “Golden Cross” During ETF Hype
9.1.2024
Source: Adobe / A.AKS Bitcoin (BTC) just flashed an ultra-bullish technical indicator called the “golden cross” for the first time ever on its weekly price chart. A golden cross occurs when a short-term moving average of an asset’s price crosses above a long-term moving average. Market participants...
Is It Too Late to Buy Bitcoin SV? BSV Price Shoots Up 20% as Meme Kombat Approaches Launch
9.1.2024
As crypto markets brace for major movements, Bitcoin SV price has undertaken a major +2-% BSV price pump, leaving some side-lined traders asking ‘is it too late to buy Bitcoin SV?’. Find out in BSV Price Analysis. This comes as markets sit on the precipice of a huge fundamental winds...
New Scientist’s Bitcoin Ban Article Sparks Backlash: Experts Slam ‘Bad Science’ and Bias
9.1.2024
On Jan. 8, 2024, a New Scientist article sparked debate by questioning whether nations ought to consider banning bitcoin due to its environmental footprint. The editorial has drawn significant criticism from numerous bitcoin supporters. Environmental, social, and governance (ESG) expert Daniel...
Is Celestia Doomed? TIA Price Drops 4.2% as New Bitcoin Project Reaches $7.9 Million
9.1.2024
Celestia crypto has bounced back strong from a 4.2%, drop, yet, some disparate holders are still questioning whether TIA price is doomed, dig into TIA price analysis to find out. Growth for the modular layer-1 blockchain has been fuelled by increased interest in a plethora of airdrops available...
Key Price Drivers for Bitcoin This Month + More Crypto News
9.1.2024
Source: AdobeStock / Vitor Miranda 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: Key Price Drivers for Bitcoin This Month CoinTracking Crypto News Today: Crypto Tax Tool for UK Investors Launched...
Blockchain Association Addresses Sen. Warren’s Criticism of Crypto Hires
9.1.2024
Source: Pixabay The Blockchain Association has published a public response to Senator Elizabeth Warren’s criticism of the crypto industry’s hiring of former government officials. In an open letter published on January 9th, Blockchain Association CEO Kristin Smith addressed Sen. Warren’s previous...
Honduran City of Prospera Adopts Bitcoin as Unit of Account
9.1.2024
The city of Prospera in Honduras has recently adopted bitcoin as a unit of account, allowing companies to pay taxes and determine obligations in bitcoin. The measure could incentivize the development of a circular economy, given that bitcoin has been legal tender in the city since 2022. Prospera...
Crypto Staking is One of the Best Ways to Grow Wealth This Year – But Where to Invest Securely?
9.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The crypto market is entering a new period of growth in 2024 according to market analysts. With a series of Bitcoin spot ETF approvals and the next Bitcoin halving event on the horizon, it wouldn’t...
Solana Ecosystem Boasts Over 2,500 Monthly Active Developers, Reports Solana Foundation
9.1.2024
Source: AdobeStock / Aleksandra Sova The Solana (SOL) ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation. In a comprehensive report released on January 9, the foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000...
Blockchain Analysts See Big Potential in This Lesser-Known AI Crypto – Time to Buy?
9.1.2024
Crypto traders are buying LPX tokens in Launchpad XYZ’s presale to gain access to AI-powered trading analytics. Image by Kerem Goktug Kaya, DALL-E 3. According to blockchain analytics firm Nansen’s December report, 2024 could be a watershed year for artificial intelligence‘s...
Notable Absence of Hashdex in Latest Round of S-1 Bitcoin ETF Amendments
9.1.2024
Source: Adobe / Backcountry Media In the recent wave of amended S-1 filings by multiple asset managers on January 8, the notable absence of digital asset management firm Hashdex has caught the attention of industry observers. The firm, which already offers a Bitcoin futures-based exchange-traded...
Elastos Introduces Elacity DRM, Web3’s First Digital Rights Management Tool
9.1.2024
Source: Elastos Elastos has announced the launch of Elacity DRM, a new digital rights management (DRM) tool designed specifically for Web3, focusing on video content creators. Elacity DRM introduces an Access Economy Protocol (AEP) that combines non-fungible token (NFT) technology with...
Cleanspark Bolsters Bitcoin Mining Might With 60,000 S21 Rig Acquisition From Bitmain
9.1.2024
The bitcoin mining firm Cleanspark, listed on Nasdaq, recently revealed the acquisition of 60,000 S21 miners produced by Bitmain. Scheduled for delivery in the next quarter, this purchase represents approximately 12 exahash per second (EH/s) of hashing power. Moreover, Cleanspark has secured...
“Bitcoin is Topping Out” – Jim Cramer Shifts Stance Within Days
9.1.2024
Jim Cramer. Source: CNBC Financial analyst Jim Cramer says Bitcoin (BTC) is topping out amid recent gains recorded at the start of the year following optimism for the approval of a spot ETF by the Securities and Exchange Commission (SEC). Cramer, the host of CNBC’s Mad Money, speculated on Jan...
Bonk Price Prediction as BONK Skyrockets 30% in 24 Hours – Can it Overtake Shiba?
9.1.2024
The Bonk price has surged by 30% in the past 24 hours, rocketing to $0.00001327 as the wider market prepares for the SEC to approve spot Bitcoin ETFs tomorrow. BONK is now down by 10% in the past week and by 27% in the past fortnight, yet today’s ascent also means it has gained...
XRP Price Prediction as Rumors Emerge of XRP ETF in April 2024 – Rally Imminent?
9.1.2024
The XRP price has risen by 2% in the past 24 hours, hitting $0.5669 on a day when the wider cryptocurrency market has gained by 5%. Despite this rise, XRP remains down by 11% in the past week and by 13% in the last 30 days, although the altcoin has gained by 61% in the […]
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Cameroonian Fintech Startup Koree Secures $200,000 in Pre-Seed Funding
9.1.2024
The Cameroonian fintech startup Koree recently secured $200,000 in pre-seed funding which was led by the co-founder of the Nigerian payments company Duplo. The fintech said it will use the funds raised to launch a marketplace that rewards users for the purchases they make. Users Rewards...
BINK Token Skyrockets 30,000% and This Other Meme Coin Could Explode Next
9.1.2024
In the latest memecoin pump, BONK token spin-off BINK token has exploded +30,000%, and now traders are speculating this other meme coin could explode next after BINK crypto skyrocket. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots...
Thai Government’s Digital Wallet Stimulus Plan Under Scrutiny
9.1.2024
Source: AdobeStock / kikujungboy Has the Thai government’s plan to deposit money in citizens’ digital wallets received approval from the legal adviser? Depends on whom you’re asking. The confusion began on Sunday. According to The Nation, the Council of State has given its opinion...