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Polymarket Bets Reflect Low Confidence in Ethereum ETF Approval by SEC
7.5.2024
According to a wager on the decentralized betting platform Polymarket, the likelihood of a spot ethereum exchange-traded fund (ETF) gaining approval from the U.S. Securities and Exchange Commission currently stands at just 7%. This forecast commenced in January with a 76% probability of approval...
Grayscale’s GBTC spot Bitcoin ETF rakes in $4M
7.5.2024
The GBTC spot exchange-traded fund belonging to Grayscale managed to rake in $4 million within the converted trust. This was the second inflow. This is after 78 days of the GBTC ETF net outflows when it came in for a further .$63 million. From the time GBTC converted into the spot bitcoin trust...
CREAT’OR Shakes Up Equity Crowdfunding With Beta Stage ICO and StakeXchange Platform
7.5.2024
PRESS RELEASE. Victoria, Seychelles, May 7th, 2024 – CREAT’OR (Crypto Related Equity And Token Operational Resources) has officially launched its highly anticipated Initial Coin Offering (ICO), currently in the BETA Stage, offering an incredible 85% discount on its CRET Token. This is...
Bitcoin whale’s dormant wallet reactivates after a decade
7.5.2024
In an unexpected turn of events that has created discussion and intrigue in the cryptocurrency industry, a dormant Bitcoin wallet belonging to a well-known whale has unexpectedly resurfaced after being idle for over a decade. The rapid activity in the wallet, which contains a significant amount...
Crypto options desk QCP Capital wins Abu Dhabi license: Report
7.5.2024
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region
Bitcoin exchange inflows witnessing a real downslide
7.5.2024
BTC exchange inflows have been declining for some time, as CryptoQuant author Axel Adler Jr. noted in a post on X. Where the exchange inflow is concerned, it is an on-chain identifier tracking the full volume of Bitcoin that investors have deposited into wallets connected with centralized...
First Mover Americas: Bitcoin Settles Into $63K-$64K Range
7.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Leading Colombian bank launches crypto exchange and peso stablecoin
7.5.2024
The Colombian bank behind the crypto exchange claimed the platform was created after nearly a decade of study and research
Chainalysis Named Council Member of MENA Banking Group’s Digital Asset Lab
7.5.2024
Chainalysis, a blockchain analysis firm, has been appointed as a council member of Digital Asset Lab. The firm will use its expertise to assist Emirates NBD’s lab in understanding market trends and client needs. The Digital Asset Lab’s objective is to comprehend how Emirates NBD’s customers...
KonnektVPN: Positive Changes in VPN Industry With AI Integration and Fresh Features
7.5.2024
PRESS RELEASE. Dover, Delaware, USA, May 7th, 2024 – KonnektVPN is a company that is going to modify the VPN industry, offering a pivotal shift from conventional VPN models. The inception of KonnektVPN signifies a bold departure from traditional approaches, prioritizing user privacy...
Australian Tax Office seeks data from 1.2 million crypto exchange users: Report
7.5.2024
The personal and crypto-transaction related details could help identify users who failed to report their tax obligations, according to the Australian Tax Office
Bitcoin slips to $63K amid increased U.S. regulatory pressure
7.5.2024
Speculations are doing the rounds that though Bitcoin is experiencing a downward slide to $63,000, it will soon make a substantial recovery. The reason for the drop is being attributed to the added regulatory strictures. The price ups and downs continued following RobinHood, a brokerage business...
Bitcoin trader flags key levels as BTC price attacks $64K liquidity
7.5.2024
BTC price eats away at positions as Bitcoin bulls attempt to carve a path higher
Nigeria to ban peer-to-peer crypto trading in naira
7.5.2024
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”
Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes
7.5.2024
Amid a cooling U.S. economy and potential Fed rate reductions, Bitcoin's price spikes to $64,000, highlighting its safe-haven appeal.
The post Bitcoin Price Prediction: Hits $64,000 on U.S. Economic Slowdown, Rate Cut Hopes appeared first on Cryptonews
Leading Colombian Conglomerate Bancolombia Launches Crypto Exchange, Introduces Peso Stablecoin
7.5.2024
Bancolombia Group, one of the leading banks in Latin America and the biggest bank in Colombia, is entering the crypto business with the launch of Wenia, a cryptocurrency exchange. Wenia seeks to disrupt Bitso’s and Binance’s dominance in the cryptocurrency exchange industry in Colombia...
Grayscale Bitcoin ETF takes the slow train to recoup $17.4B outflows
7.5.2024
GBTC recorded inflows for two consecutive days — bringing its total inflows to $66.9 million
How long does it take to mine 1 Bitcoin?
7.5.2024
Mining a Bitcoin block takes about 10 minutes, but does that timeframe translate to mining 1 Bitcoin?
Bitcoin Rebound Has Crypto Options Traders Anticipating $100K
7.5.2024
The number of active bitcoin call contracts is significantly higher than puts, indicating bullish market sentiment
Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving
7.5.2024
Public mining companies have reported decreases in Bitcoin production ranging from 6% to 12% for the month of April following the halving event.
The post Public Mining Companies Experience Production Decline of 6-12% in April Post-Halving appeared first on Cryptonews