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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...
Latam Insights: Solana Expands to Brazil, Tether Seeks to Expand in Venezuela
8.1.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Solana announces its expansion to Brazil, Tether seeks to expand in Venezuela, and Bitcoin Argentina advises to receive bitcoins in the upcoming asset...
How to Buy Retik Finance (RETIK)? A Beginner’s Guide
8.1.2024
The cryptocurrency landscape is a vast and ever-evolving frontier, where innovation and ambition often collide. Retik Finance emerges as a beacon in this digital gold rush, promising a revolution in how we interact with our finances. However, for newcomers, navigating the intricacies of buying...
Community speculates about XRP ETF applications
8.1.2024
The US Securities & Exchange Commission is expected to approve all Bitcoin ETF applications on or around January 10, 2024. This has sparked enthusiasm among the Ripple Community members, for they believe that XRP ETF applications could be next on the table. While no official statements have...
Binance.US Taps Lesley O’Neill as its New Chief Compliance Officer
8.1.2024
Source: AdobeStock / piter2121 Binance.US, the American subsidiary of global cryptocurrency behemoth Binance, has announced the appointment of Lesley O’Neill as its new Chief Compliance Officer. According to a recent announcement, O’Neill brings a wealth of experience to the role, having...
‘Blockchain Basics Act’ Lands in Nebraska, 13 States to Introduce Crypto Legislation in 2024
8.1.2024
The Blockchain Basics Act, a bill that seeks to protect several blockchain-based activities from being outlawed by the U.S. government, has been introduced in Nebraska. Sponsored by Sen. Eliot Bolstar, the bill is similar to the one introduced in Missouri recently, and 11 more states are expected...
Bitcoin Adoption Soars: In-Person Vendors Accepting Bitcoin Triple in 2023
8.1.2024
Source: DALL·E The landscape of cryptocurrency usage is rapidly changing, with over 6,000 in-person vendors across the globe now accepting Bitcoin. According to BTC Map, the up-to-date number of merchants accepting Bitcoin holds steadily above 6,000, currently at 6,332 as of Jan. 8. In the past...
Bitcoin Price Prediction: SEC Alerts, ETF Optimism and a 6000% Growth Outlook
8.1.2024
In the rapidly evolving world of cryptocurrency, Bitcoin continues to capture headlines and investor interest, trading at $43,548 with a slight decrease of nearly 1% as of Monday. Amidst this fluctuating landscape, the U.S. Securities and Exchange Commission (SEC) has issued a fresh warning about...