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Bankruptcy Move: FTX Ventures Cuts Deal with Dave for $100 Million Stake
6.1.2024
Source: Sora Shimazaki / Pexels Dave, a fintech firm specializing in financial services through its mobile application, is set to acquire a $100-million convertible promissory note previously issued to FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX. The deal involves Dave...
11 Spot Bitcoin ETFs Inch Closer to Approval — Analyst Says It’s ‘Basically Done’
6.1.2024
Eleven spot bitcoin exchange-traded funds (ETFs) are moving closer to approval by the U.S. Securities and Exchange Commission (SEC). Proposed rule changes to list and trade all 11 spot bitcoin ETFs on stock exchanges have been filed with the SEC. “It’s basically done,” an ETF analyst...
Mystery Transfer — Unidentified Wallet Sends $1.19 Million in Bitcoin to Satoshi Nakamoto’s Genesis Address
6.1.2024
Two days after Bitcoin’s 15th anniversary, an unidentified wallet transferred roughly 26.917 bitcoin, valued at $1.19 million, into Satoshi Nakamoto’s Genesis wallet. Originating on Jan. 3, 2009, this wallet has primarily accumulated nominal dust transactions. Including the hard-coded...
Ark Invest Continues to Sell Coinbase Shares
6.1.2024
In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s strong performance in the last quarter of 2023. Ark Invest...
ETFs Are Tots Coming, ETFs Are Not Coming, ETFs Are ETFing and 20 Crypto Jokes
6.1.2024
  Source: AdobeStock / Monkey Business This is your weekly digest of top crypto news from Cryptonews.com, followed by a collection of 20 hand-picked crypto jokes. __________ This week in crypto: unsurprisingly, ETF discussions. While Tuttle Capital Management filed for six new Bitcoin ETFs...
Nasdaq-Listed Bitcoin Miner Cleanspark to Launch in-House Trading Desk, CEO States It ‘Makes Financial Sense’
6.1.2024
Cleanspark, a Nasdaq-listed Bitcoin mining company, has announced that it will launch an in-house trading desk to maximize the return on its cryptocurrency holdings. Cleanspark CEO Zachary Bradford explained that organizing their trading desk made “financial sense,” given the high...
Crypto Giant Coinbase to Enhance EU Presence with Key Derivatives Acquisition
6.1.2024
Source: Adobe / Rafael Henrique Coinbase has revealed plans to offer crypto-linked derivatives in the European Union (EU) market. The company has reportedly told CNBC that it has entered into an agreement to acquire an unnamed holding company, which holds a MiFID II license. MiFID II,...
Harvesting the Digital Skies: The Controversial Practice of Airdrop Farming
6.1.2024
As the crypto economy burgeons, a new trend called airdrop farming is taking root, offering both promise and pitfalls. The following is an exploration of this emerging practice, unraveling its intricacies, potential rewards, and the controversies it stirs. The Double-Edged Sword of Airdrop Farming:...
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
6.1.2024
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all deposits on any of its “public-facing vaults.”...
Binance Assigns Monitoring Tag to Privacy Coins, Including Monero and Zcash
6.1.2024
Binance, the largest cryptocurrency exchange, has recently announced that it will start monitoring ten new projects, including privacy blockchains like Monero, Firo, Mobilecoin, and Zcash. Binance reported that these projects might be delisted in the future, failing to meet the criteria required...
Asset Manager Vaneck Pledges to Donate 5% of Spot Bitcoin ETF Profits to Bitcoin Core Developers for 10 Years
6.1.2024
Asset management firm Vaneck has pledged to donate 5% of its spot bitcoin exchange-traded fund (ETF) profits to support Bitcoin Core developers for at least 10 years. The company is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC) to launch its spot bitcoin ETF....
Crypto Vision Conference 2024 – Philippines: “Decrypting the Crypto Market Outlook for 2024”
6.1.2024
Be ready on a journey of discovery and insight at this pivotal event, where the future of cryptocurrency and digital finance takes center stage. Unlock the future prospects of the crypto market at the Crypto Vision Conference 2024 in Makati, Philippines! Event Overview The Crypto Vision Conference...
New Year, New Record — Bitcoin’s Difficulty Rises 1.65% in First 2024 Retarget
6.1.2024
Bitcoin’s network difficulty experienced its first increase of 2024 on Jan. 5, at block height 824,544, rising 1.65% to an unprecedented network peak of 73.2 trillion. This inaugural adjustment of the year succeeds the 27 dynamic shifts witnessed in 2023, including a total of 20 increases....
Weekly Crypto Highlights: NEAR Protocol Jumps 80% in a Month, Galaxy Fox Eyes 15% Increase
6.1.2024
Market optimism reaches all-time highs, and consensus amongst analysts is that 2024 will be a generational bull market. Risk assets on the long tail of the spectrum, such as cryptos, will be the largest gainers. Wise investors are making a game plan by putting together a list of the top 10 cryptos...
Bitcoin (BTC) Scores Big in the NFL; Solana (SOL) & Borroe Finance (ROE) Hold Strong in Uptrend
6.1.2024
In the ever-intersecting worlds of sports and finance, Bitcoin (BTC) just made a major touchdown in the NFL, signaling a new era for cryptocurrency in mainstream sports. Meanwhile, in the crypto market, Solana (SOL) and Borroe Finance ($ROE) are displaying impressive strength in their uptrend...
Shiba Inu’s Shibarium Hits Key Milestone; Investors Focus Shifts to Decentraland and Borroe Finance
6.1.2024
In the ever-evolving crypto landscape, Shiba Inu’s Shibarium is making waves, hitting a major milestone faster than its peers. But that’s not all the buzz in the crypto world. Investors are now turning their eyes to other exciting prospects like Decentraland and Borroe Finance, which...
‘Blockchain Basics Act’ Introduced in Missouri Takes the Bitcoin Regulation Battle to State Level
6.1.2024
The Blockchain Basics Act, introduced recently into the Missouri State House, seeks to guarantee crypto-related rights, including self-custody, transacting, mining, and staking, to the state’s people. Proposed by Rep. Phil Christofanelli, the bill aims to take the crypto legislation fight...
Celsius Network Unstakes Ethereum Holdings Amid Reorganization Efforts
5.1.2024
The bankrupt cryptocurrency lender Celsius Network announced its plan to unstake significant holdings of ethereum to facilitate asset distribution to its creditors. This move is part of the firm’s ongoing efforts to restructure and resolve outstanding liabilities. Crypto Lender Celsius...
Experts Weigh in on Bitcoin ETF Approval As Sell-the-News Event
5.1.2024
As the SEC’s decision on bitcoin ETFs looms, market participants prepare for market impact. Analysts reflect on the possibility of a “buy the rumor, sell the news” situation. A Bitcoin ETF Approval Could Trigger Major Market Movements With the cryptocurrency community eagerly...
Best Crypto to Buy Today January 5 – Celestia, Aptos, Osmosis
5.1.2024
Celestia, Aptos, Osmosis, Sponge V2, and TG.Casino are top options for the best crypto to buy today. Image by cryptonews.com. With major technical advancements and their prices hitting record levels, Celestia, Aptos, and Osmosis are seeing rising investor interest, driving the cryptocurrencies into...