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Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market
30.1.2024
Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF Fee Slashed in Response to Intense Market...
Super Bowl 58 Wagers Heat up — 49ers Lead as Crypto Betting Markets Favor Their Victory
30.1.2024
In just under two weeks, the National Football League (NFL) champions of the American Football Conference (AFC), the Kansas City Chiefs, and their counterparts from the National Football Conference (NFC), the San Francisco 49ers, will clash in the much-anticipated Super Bowl 58. As of right...
Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh
30.1.2024
Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily allocated using the firm’s newly introduced...
Chimpzee (CHMPZ) Draws In More Investors as Bitmart Listing and 40% APY For Staking Makes It Irresistible
30.1.2024
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. Chimpzee (CHMPZ) has received widespread acclaim within the cryptocurrency community, and recent significant advancements have significantly amplified enthusiasm for this environmentally friendly...
Transak Partners With Visa for Rapid Crypto to Fiat Conversion in 145 Nations
30.1.2024
On Tuesday, Transak, a company specializing in payment infrastructure, revealed its partnership with the financial services powerhouse Visa. This collaboration aims to empower users in 145 nations with the capability to seamlessly exchange their crypto holdings into local fiat currencies...
Googles Updates Advertising Policy for Crypto, Allows ETF Ads
30.1.2024
Google has finally executed an advertising policy update announced in December, allowing some cryptocurrency finance products, like the recently approved bitcoin ETFs, to include sponsored links on its platforms. Consequently, some bitcoin ETF issuers, like Vaneck and Blackrock, are already posting...
GBTC Holdings Dip Below 500K BTC as Rivals Ramp up Accumulation
30.1.2024
The latest data from Grayscale’s GBTC reveals that the trust’s bitcoin holdings have diminished to below 500,000, following a departure of 6,138.79 bitcoin from its reserves in the past day. Conversely, Blackrock’s IBIT has bolstered its bitcoin assets by 4,603.24 bitcoin...
India’s Web3 community seeks relief in the upcoming Budget 2024
30.1.2024
India’s Finance Minister, Nirmala Sitharaman, will present the budget for 2024–2025 on February 1, 2024. This is the last budget session before the nation delves into the Lok Sabha elections. The Web3 community of the country, for one, has come forward with its demands. The community seeks...
What Lies Ahead for Crypto Now That the Fabled Bitcoin ETF Is Here? — Calaxy CEO Solo Ceesay
30.1.2024
It finally happened. Well into the second decade of the digital assets revolution, we’ve finally witnessed the approval of the highly anticipated spot Bitcoin ETF. Dubbed by Michael Saylor as “the biggest Wall Street development in the last 30 years”, the launch of the spot Bitcoin ETF is...
Defendant Pleads Guilty to Drug Related Charges, Forfeits $150 Million Worth of Cryptocurrency
30.1.2024
An Indian national has pleaded guilty to conspiracy and narcotics-linked charges issued by a United States District Court. The guilty plea resulted in a forfeiture of $150 million worth of cryptocurrency. In a recent press release, the United States Attorney General’s Office in the Southern...
Is It Too Late to Buy Sui? SUI Price Pumps Up 43% as Meme Kombat Approaches Exchange Listings
30.1.2024
The SUI price has jumped by 11% in the past 24 hours, rising to $1.62 as the cryptocurrency market as a whole rises by 2% today. SUI has now risen by 52% in the past week and by 95% in the last 30 days, with the layer-one utility token benefitting from the rapid growth of […]
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Will Dogecoin achieve $0.1 in 2024? Expert’s outlook!
30.1.2024
Dogecoin is exchanging hands at $0.0818, up by 2.74% in the last 24 hours. Its market capitalization has increased by 2.68%, with the 24-hour volume experiencing a jump of 139.37%. Based on market trades and sentiments, the value could increase in the coming days. Most of it has been credited...
Floki and TokenFi Staking Halted Following Hong Kong Regulatory Concerns
30.1.2024
The Floki Inu cryptocurrency team has decided to halt its Floki and TokenFi staking programs in Hong Kong following a warning from the Securities and Futures Commission (SFC), which listed them as “suspicious investment products.” This response comes after the SFC warned users about...
Coinbase shares expert views on the state of bridging in 2024
30.1.2024
Coinbase recently shared its expert views on the state of bridging in 2024. The official post by Coinbase read that bridges have become a pivotal infrastructure for service providers, users, and protocols. There are three types of bridges primarily being used in the market: Bridge Aggregators...
Forget Ethereum, this rival token Priced at $0.09 will reach $16 in 2024
30.1.2024
  The cryptocurrency landscape is witnessing a seismic shift as a new challenger, priced at a mere $0.09, emerges to rival Ethereum’s long standing supremacy. This token, Retik Finance, is not just another entrant in the crowded crypto space; it represents a paradigm shift...
The Principality of Liechtenstein accepts $EGLD & other cryptos
30.1.2024
The Principality of Liechtenstein recently announced support for $EGLD and other cryptocurrencies. The European nation has joined hands with xMoney.com to accept cryptocurrencies like BTC and ETH for all state services. xMoney.com confirmed the news on its official X/Twitter account as well....
Rep. French Hill Voices Optimism for Crypto Legislation Progress in 2024
30.1.2024
U.S. House Representative and Financial Services Subcommittee on Digital Assets Chair French Hill (R-AR) has voiced optimism about the progress of cryptocurrency legislation in 2024. During an event hosted by the Foundation for Defense of Democracies on Jan. 29, Hill discussed the crypto...
Breez Wallet Shows Offline Lightning Network Payments Solution
30.1.2024
Breez Wallet, a Lightning Network (LN) focused wallet, has shown an implementation that allows users to receive LN payments without being online. The service, which will be included in an upcoming non-custodial wallet app, leverages the wallets’ own SDK using mobile notifications to receive...
80% of Comments on Tweets from Famous Projects are from Phishing Scam Accounts: SlowMist
30.1.2024
Approximately 80% of comments on tweets from famous projects are occupied by phishing scam accounts. In a recent Medium post, the SlowMist Security Team said it has been inundated with reports of theft within the cryptocurrency community. “Upon analyzing these incidents, we discovered that...
Bitcoin Price Prediction Surges to $43,500 Amidst New ETF Launches and Fidelity Gains
30.1.2024
In the dynamic world of cryptocurrency, the latest Bitcoin price prediction sees the digital asset making a notable surge, reaching $43,500 with an increase of approximately 2.75% on Tuesday. This uptick in Bitcoin’s value comes amidst a flurry of activity in the exchange-traded fund (ETF)...