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Bitcoin ETF Approval Imminent: SEC’s Key Decision Expected This Week


Source: DALL·E This week marks a potentially transformative moment for cryptocurrency as the U.S. Securities and Exchange Commission (SEC) is expected to make a key decision on the approval of several spot Bitcoin exchange-traded funds (ETFs). The SEC’s decision, due by Jan. 10, will...

Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance


According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 1.31% to $308.23 million, a decrease of $4.09 million from the prior week’s $312.32 million. NFTs centered around Bitcoin remained at the forefront among 21 distinct blockchain networks, experiencing...

SEC Implicitly Recognizes Ether as Commodity, Paving Way for ETF


Source: DALL·E An Ethereum (ETH) spot ETF is due to reach the U.S. market after a slew of Bitcoin (BTC) based equivalents are likely greenlighted next week, according to Bloomberg ETF analyst James Seyffart. During a private webinar with CryptoQuant on Thursday, the analyst argued that...

Senator Thom Tillis Adds Voice in Opposition to Warren’s Anti-Crypto Bill


Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter. Tillis’ “significant concerns” Tillis’ letter, originally published by Porter to...

Arbitrum’s Total Value Locked Surges Past $2.5 Billion as Token Nears $2


Source: Arbitrum Ethereum layer 2 network Arbitrum has recorded high transaction volumes at the start of the year as well as its total value locked (TVL) tapping $2.5 billion.  On-chain data shows the firm’s bullish performance in the last week of 2023 and the early days of 2024 with surging...

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