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Solana Price Prediction as Price Hits $47: Is a Steady Climb Ahead?
10.11.2023
The Solana price has jumped by 6% in the past 24 hours, with the altcoin gaining by 5% in the past hour alone. This puts SOL at $49.56, marking a 28% gain in a week and a 121% increase in the last 30 days, while the altcoin has also increased by nearly 400% since January. […]
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BIS Research Report: Stablecoins Not Secure as Store of Value
9.11.2023
Stablecoins. Source: Adobe / Grispb Fiat-backed stablecoins are “not a safe store of value,” according to a new research report from the Bank for International Settlements (BIS). According to the report, the BIS found that from January 2019 to September 2023, fiat-backed stablecoins were able...
Brief Approval Window Opens for spot Bitcoin ETF Applicants, 90% Chance of Approval by January
8.11.2023
In an exciting development, Bloomberg ETF research analysts, Eric Balchunas and James Seyffart, unveiled data showing an eight-day long window wherein the Securities and Exchange Commission (S.E.C) could approve all 12 spot Bitcoin ETF applicants beginning as soon as tomorrow. A Brief Window...
Spot Trading Volumes Surge in October, Reaches Highest Level Since January 2021: CCData Research
8.11.2023
Source: Pixabay Spot trading volumes on centralized crypto exchanges saw a significant surge last month, marking the highest month-on-month increase since early 2021. According to research from CCData, the total spot trading volume rose by 87.2% to $632 billion in October, the highest monthly...
End of Line for BSV on Coinbase, Exchange to Delist Crypto in January 2024
8.11.2023
Coinbase has announced it will be removing bitcoinsv (BSV) from its platform, having informed its clientele through an email notification. BSV, which was created following a hard fork from the Bitcoin Cash protocol on November 15, 2018, will no longer be hosted on Coinbase’s services after...
Coinbase to Cease Bitcoin SV Support by Jan 2024, Urges Holders to Withdraw Tokens
8.11.2023
Source: Adobe / prima91 Leading crypto exchange and wallet Coinbase on Tuesday, unveiled plans to completely cease support for Bitcoin SV (BSV) token. The platform had delisted the token in 2021. Coinbase confirmed the changes in a note sent to users stressing that the platform “will no longer...
Decade of Resilience — A Look at 10 Pioneer Crypto Companies That Are Still Standing
7.11.2023
Over 15 years have passed since Satoshi Nakamoto launched the crypto revolution with the release of the Bitcoin white paper. On the brink of January 3, 2024, the network celebrates a decade and a half of continuous activity. Though many companies folded in 2023, several of the original players...
Nigerian Central Bank Refutes Claims It Plans to Redenominate the Naira in 2024
2.11.2023
The Nigerian Central Bank has denied claims in a widely circulating text message that it plans to redenominate the naira starting in January 2024. According to the bank, the authors of the message had seemingly “modified text eked from an old policy” by a previous governor in 2007....
Northern Data Secures $610 Million Debt Financing from Tether as New ASIC Technology Makes Mining Profitable Again
2.11.2023
Northern Data AG, Europe’s largest Bitcoin mining company, has secured a debt financing facility of around $610 million from a company within the Tether Group amid advancements in ASIC technology that have made mining profitable again. The loan agreement, which has a term until January...
Today in Crypto: Hackers Stole $1.41 Billion YTD and $22.2 Million in October, Google Cloud Launches Solana Network Dataset on BigQuery
1.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Security news Bug bounty and security services platform Immunefi published its ‘Crypto Losses in October 2023...
SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein
31.10.2023
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on...
Bitmain to start shipping new Bitcoin Antminer T21 in January 2024
26.10.2023
Bitcoin miner supplier Bitmain has released its brand-new Antminer T21, featuring a computing power of 190 TH/s and an energy efficiency ratio of 19 J/TH
Spot Bitcoin ETF Application Approvals Likely By January 10th, JPMorgan Argues – How High Can the BTC Price Pump in 2024?
20.10.2023
The US Securities and Exchange Commission's (SEC) recent decision not to appeal a ruling that went against them in the Grayscale case brings the approval of spot Bitcoin ETFs in the US closer, JPMorgan argued in a research report released earlier this week.
The first approvals are likely to come...
Ethereum LSDFi sector grew nearly 60x since January in post-Shapella surge: CoinGecko
18.10.2023
The LSDFi sector’s total value locked has grown 5,870% since January as ETH holders seek better yields
Bitcoin’s Hashrate Skyrockets: On Track to Hit Half a Zettahash Milestone by Year’s End
15.10.2023
Bitcoin’s hashrate, a key indicator of its computational power, shattered previous records on October 12, 2023. As measured by a seven-day simple moving average (SMA), it has surged to an impressive 455 exahash per second (EH/s). To put that into perspective, the hashrate was hovering around...
Meme Coin Market Plummets $3.2 Billion in 2023: Dogecoin and Shiba Inu Lead Declines
15.10.2023
Data reveals that the meme coin market has diminished by over $3 billion in value since the dawn of 2023. The leading meme coin by market cap, dogecoin (DOGE), saw a decrease of $2.46 billion from January onwards. Concurrently, shiba inu (SHIB) experienced a drop of approximately $1.22 billion over...
Grayscale’s Bitcoin Trust Discount to NAV Narrows Sharply to a 16.59% Gap
13.10.2023
Grayscale’s Bitcoin Trust, known as GBTC, has witnessed a significant shift in its market dynamics. In January 2023, GBTC traded at a significant 48.31% discount to its net asset value (NAV). Today, that gap has narrowed to 16.59%, indicating changes in market sentiment and presenting...
SEC Postpones Verdict on Ark 21shares and Global X Spot Bitcoin ETFs
27.9.2023
The U.S. securities regulator recently announced a delay in its verdict on the Ark 21shares Bitcoin ETF. Consequently, the U.S. Securities and Exchange Commission (SEC) has marked January 10, 2024, as the decisive day to either greenlight or reject the proposed amendment. SEC Pushes Back Decision...
SEC pushes deadline for ARK 21Shares spot Bitcoin ETF to January
26.9.2023
The commission gave itself an additional 60 days to consider the listing of ARK 21Shares’ investment vehicle on the Cboe BZX Exchange, with a final deadline set for Jan. 10
Kansas adjourns crypto bill targeting political donations to January 2024
20.9.2023
The bill required politicians to “immediately convert” the crypto donations to U.S. dollars — with no scope of expenditures or HODLing the funds