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As Crypto Markets Brace For SEC Decision – Here’s Why Bitcoin ETF Token (BTCETF) Could Be The Ultimate Beta Play
10.1.2024
Wednesday, January 10, 2024 – Crypto markets are alive with anticipation for the U.S. Security and Exchange Commission’s long-awaited decision on spot Bitcoin ETFs, and eagle-eyed traders are targeting Bitcoin ETF Token (BTCETF) as the perfect beta play – here’s why. After months...
Coinbase Executives Offer Security Support to SEC Following Account Hack
10.1.2024
SEC chair Gary Gensler. Source: A video screenshot, YouTube / SEC Coinbase executives have offered to help the U.S. Securities and Exchange Commission (SEC) following the Monday hack of the federal agency’s account on X. Coinbase offers to assist with “security protocols” “Hey...
Tom Lee Predicts Bitcoin Could Reach $500,000 in Next Five Years
10.1.2024
Source: Pixabay Crypto market analyst Tom Lee has predicted that Bitcoin could reach $500,000 within the next five years. In an interview on CNBC’s “Squawk Box,” Lee predicted that Bitcoin could hit $100,000 and “maybe” $150,000 within the next 12 months, and added that “something around half...
Decentralized AI Platform Ritual Hires BitMEX Co-Founder Arthur Hayes As Advisor: Report
10.1.2024
Source: YouTube / Real Vision Crypto BitMEX co-founder Arthur Hayes has joined forces with decentralized AI platform Ritual in an advisory capacity. The Block reported on Wednesday that Hayes had joined Ritual’s advisory team, and will help the decentralized AI platform to expand...
Ethereum Bounces Back: Surpasses 2-Year Low Against Bitcoin Following Erroneous SEC Announcement
10.1.2024
On Jan. 9, 2024, ethereum’s value relative to bitcoin plummeted to its lowest level since November 2021. Yet, in the past 24 hours, ether has rallied, gaining 3.66% against bitcoin, recovering from this two-year low. Ether Rebounds Strongly in Wake of SEC Misstep On Wednesday, ethereum (ETH)...
Arthur Hayes Joins Decentralized AI platform Ritual
10.1.2024
BitMEX co-founder Arthur Hayes has joined decentralized AI platform Ritual as an adviser with the aim of committing to the financialization of the AI industry
Bit.Store Leads with a First: BRC20 Token Integration for Crypto Card Recharges
10.1.2024
PRESS RELEASE. Lithuania, 10th Jan 2024: In a groundbreaking move, Bit.Store has become the first crypto card service to integrate BRC20 tokens (Bitcoin Originals) for card recharges. This pioneering step demonstrates Bit.Store’s commitment to innovation in the cryptocurrency space, offering...
Turkey Nears Completion of Crypto Framework; Minister Confirms FATF Compliance
10.1.2024
Turkey Crypto Regulation Source: Adobe / Husamex Turkey’s Minister of Treasury and Finance, Mehmet Simsek, announced that Turkey is reportedly in the final stages of preparing a legal regulation for crypto assets. He also shared insights into the imminent cryptocurrency law and compliance...
UAE-Based Phoenix Group Bolsters Mining Capabilities With $187M Bitmain Deal Amidst Global ASIC Race
10.1.2024
Phoenix Group, a bitcoin mining and blockchain infrastructure company, recently disclosed its acquisition of $187 million in application-specific integrated circuit (ASIC) bitcoin mining rigs. The purchase was made from Bitmain, one of the leading ASIC manufacturers in the industry. Phoenix Group...
Fallout From Falsely Confirmed Approval of Spot BTC ETFs + More Crypto News
10.1.2024
Source: AdobeStock / Angelov Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Fallout From Falsely Confirmed Approval of Spot BTC ETFs Crypto Exchanges to Gross Over $50Bn in 2024 Binance Labs-Backed...
North Korea-Affiliated Hackers Stole $600 Million in 2023 — Ten Times More Damaging Than Anyone Else
10.1.2024
North Korea-affiliated hackers stole digital assets worth $600 million in the past year. According to a TRM Labs report, this figure will likely rise to $700 million if additional attacks which occurred at the tail end of the year are traced to the same hackers. North Korea and its affiliates...
Why Are Ethereum ETF Approvals Facing Delays? InQubeta Raises Over $8M in Presale
10.1.2024
While crypto users had been keenly eyeing the launch of Ethereum (ETH) exchange-traded funds (ETFs) throughout 2023, their rollout has been slower than what many analysts expected. While crypto users might be frustrated by the delayed launch of spot ETFs, a lot of attention has been drawn...
OneCoin Crypto Scam: German Court Sentences Fraudsters to Jail
10.1.2024
Source: Svetoslav Radkov/Adobe Founders of the infamous OneCoin cryptocurrency scam have been sentenced to several years in jail by a German court. A German court in Münster on Monday handed down sentences to key accomplices involved in the OneCoin crypto fraud case. The couple Frank Ricketts...
Wintermute Reports 400% Surge in OTC Crypto Trading Volumes for 2023
10.1.2024
Source: Wintermute Wintermute has reported a staggering 400% increase in over-the-counter (OTC) trading volumes for the year 2023 in the midst of a challenging year for crypto exchanges.In the latest report of its OTC performance, the crypto market maker and liquidity provider Wintermute revealed...
SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet
10.1.2024
Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved. The incident, which caused significant volatility in the crypto...
Binance Reveals AI Tokens Outperform BTC and ETH With up to 650% Yearly Gains
10.1.2024
Source: AdobeStock / Limitless Visions Binance Research has found that artificial intelligence (AI) coins in 2023 saw notably larger gains than crypto giants bitcoin and ethereum. At the same time, funding for AI-related Web3 projects has surged. According to a report by the research arm of...
Solana Price Prediction as Developer Activity Hits New High – A Bullish Signal for SOL?
10.1.2024
The Solana price has dropped by 3% in the past 24 hours, slipping to $97.37 on a day when the wider crypto market has fallen by 0.5%. SOL has now fallen by 10% in a week and by 14% in the past fortnight, yet the altcoin remains up by an impressive 41% in the last […]
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Australian Government Official to Question Regulator Over Its Failure to Warn Crypto Investors
10.1.2024
The Australian government’s assistant treasurer, Stephen Jones, has stated his intention to query the country’s securities regulator over its failure to warn investors about the risks of investing in the now-collapsed crypto investment firm Hyperverse. Jones stated that a “bunch”...
BONG Token Is Up 42,500% as This Other Crypto Prepares to Launch on Exchanges
10.1.2024
As DEX-traded tokens continue to post earth-shattering rallies, BONG token has seen a +20,000% BONG price explosion, and now traders are gravitating to the other crypto project. This comes as recent months have seen a huge trend in explosive DEX-traded token moves, with countless moon-shots...
Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister
10.1.2024
Under draft proposals, crypto firms will be required to obtain licenses from the country’s capital markets regulator