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SEC Expected to Approve ‘a Handful’ of Spot Bitcoin ETFs on Wednesday, Report
9.1.2024
The U.S. Securities and Exchange Commission (SEC) is expected to green-light “a handful” of spot bitcoin exchange-traded funds (ETFs) on Wednesday, potentially unleashing a wave of trading this week. On Monday, 10 applicants submitted their final amendments, including Blackrock, which...
SEC Chair Gary Gensler Issues Crypto Warnings as Spot Bitcoin ETF Decision Looms
9.1.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued warnings about crypto investing amid soaring anticipation for potential spot bitcoin ETF approvals. The SEC chief stressed that crypto investors “should understand they may be deprived of key info”...
Visa Adopts Web3 Tech for Its New Loyalty Engagement Solution
9.1.2024
Visa, a worldwide leader in credit payment technology, has announced that it will include Web3 elements in its customized loyalty program solution. The company partnered with Smartmedia Technologies, a Web3 loyalty rewards startup, to add innovative features to these programs that include virtual...
Best Crypto to Buy Now January 8 – Injective, Stacks, Axelar
8.1.2024
The best crypto to buy now – Injective, Stacks, Axelar, Sponge V2, and Bitcoin Minetrix surge amid bullish technical and fundamental factors. Image by cryptonews.com. The INJ price has soared as the platform’s final Injective token unlock approaches, positioning it as a...
Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee
8.1.2024
Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee. Shift in House Financial Services Committee Leadership Could Lead to More...
Bitcoin Soars Past $47K, Outstrips Meta in Market Cap Amid ETF Speculation and Intense Trading
8.1.2024
Bitcoin breached the $47K threshold on Monday, fueled by growing excitement over the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). The leading crypto asset kicked off the day at $43,247 per unit, then climbed to a peak of $47,281 by 2:10 p.m. Eastern Time (ET). Bitcoin Rally...
Reviving Retro — Ninjalerts CEO Unveils SNES Emulator on Bitcoin Blockchain to Preserve Classic Games
8.1.2024
The chief executive officer of Ninjalerts announced on Monday that a functional Super Nintendo Entertainment System (SNES) emulator has been successfully encoded onto the Bitcoin blockchain. The head of Ninjalerts emphasized that the inscription of the emulator on the Bitcoin network was motivated...
Bitcoin Price Prediction as BTC Achieves 20-Month High Above $47K – Can It Break Past $50,000 Soon?
8.1.2024
Bitcoin, the flagship cryptocurrency, has recently soared above the $47,000 mark, reaching a 20-month high, amidst growing investor optimism. This remarkable rally is largely driven by the buzz around the anticipated approval of Exchange-Traded Funds (ETFs) by financial giants such as BlackRock...
North Korea’s Lazarus Group Moves $1.2M Bitcoin From Coin Mixer to Holding Wallet
8.1.2024
Source: AdobeStock North Korea-sponsored hacking syndicate Lazarus Group has transferred $1.2 million worth of cryptocurrency from a mixer, marking their largest transaction in over a month. In a post on X (formerly Twitter) on January 8, blockchain analysis firm Arkham reported that the Lazarus...
10 Spot Bitcoin ETF Applicants Submit Final Amendments With SEC
8.1.2024
Ten spot bitcoin exchange-traded fund (ETF) applicants have filed their final amended registration statements with the U.S. Securities and Exchange Commission (SEC). The amended filings reveal a fierce fee war among spot bitcoin ETF issuers. Grayscale charges the highest fee of 1.5% while Bitwise...
Cryptocurrency Institutional Funds Record $151 Million Inflows in First Week of 2024
8.1.2024
Source: Adobe / Luisa Digital assets investment funds recorded $151 million in inflows in the first week of 2024 as institutional investors drive adoption following anticipation of a spot Bitcoin (BTC) ETF approval by the Securities and Exchange Commission (SEC). A new CoinShares Digital Asset Fund...
Ethereum Technical Analysis: Ether Echoes Bitcoin’s Volatility Amid Growing ETF Anticipation
8.1.2024
Ethereum’s trading value, standing at $2,265, represents a fluctuation within a daily range of $2,170 to $2,310, against the dynamic canvas of a $272 billion market capitalization and a robust 24-hour trading volume of $19.24 billion. Ether, along with a multitude of crypto assets, mirrors...
Bitcoin Technical Analysis: BTC Traders Brace for Potential ETF Approval
8.1.2024
The crypto community is abuzz with expectations as bitcoin’s pricing reflects a sophisticated dance between investor sentiment and analytical forecasts. The prospective green light for a spot bitcoin exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC) is a...
Bitcoin ETF Applicants Reveal Fees in Latest Filings Ahead of SEC’s Key Decision This Week
8.1.2024
Source: Adobe Stock Multiple applicants for a spot Bitcoin exchange-traded fund (ETF) submitted their final Form S-1 amendments to the United States Securities and Exchange Commission (SEC) on Monday, setting the stage for a potentially historic week in the cryptocurrency market. Bitwise, Valkyrie...
Celsius drafts a plan to unstake Ethereum
8.1.2024
Celsius is going through a crisis amid bankruptcy. Increasing liquidity is one approach to meeting creditors’ demands. As a result, the company has devised a strategy to sell a significant chunk of its ETH and raise funds to pay off the debt. The plan implies unstaking Ethereum tokens valued...
Binance’s new cloud mining presale begins!
8.1.2024
Binance, one of the leading global cryptocurrency exchanges, has launched a presale on its latest Cloud Mining products designed for Bitcoin BTC mining. Furthermore, Binance’s move to enable GPU crypto mining is a giant leap towards making cryptocurrency mining more affordable and accessible...
Bonk Price Prediction as BONK Bounces 7% From Recent Bottom – Sell-Off Over?
8.1.2024
The Bonk price has slipped by 4.5% in the past 24 hours, dropping to $0.00001019 on a day when the cryptocurrency market has fallen by 1.5%. BONK is now down by 23% in the past week and by 44% in the past fortnight, although it is actually 7% up from its 30-day low of $0.0000095. […]
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Curve Finance founder Michael swaps select tokens for CRV
8.1.2024
The founder of Curve Finance, Michael Egorov, has swapped some of his tokens for CRV. Per reports, Michael has swapped 15.9 million $T and 24 $ETH tokens for 913,489 CRV tokens. The swap had averaged $0.516 at the time of the process. He still has some of the shares in ETH and T. While the …
South Korea’s Tax Authority, DAXA Form Committee to Prevent Illegal Transactions: Report
8.1.2024
Source: Pixabay South Korea’s tax Authority, the Korea Customs Service group and five major cryptocurrency exchanges including Bithumb Korea, Coinone, Korbit, and Streami have formed a group to prevent illegal foreign transactions, according to a report by News1.KR. The Digital Asset Exchange...
Litecoin takes the lead in cryptocurrency payments
8.1.2024
Litecoin has become the most used crypto for payments, according to new BitPay data. According to the largest payment processor in the world, LTC holds a global share of 38.25% in payments. The percentage rose from 34.52% in November to 38.25% in December 2023. The number set a new all-time high...