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Bitcoin’s First Wallet Comes Alive: A Sudden $1.17 Million Transaction Unfolds
7.1.2024
Image Source: Adobe An unidentified Bitcoin (BTC) user has sent 26.9 BTC, equivalent to $1.17 million, to the genesis wallet, the first-ever wallet created on the Bitcoin network by Satoshi Nakamoto. The transaction took place on January 5 at 1:52 am Eastern Time and attracted attention due to...
BlackRock’s Bitcoin ETF Awaits Green Light: Approval Anticipated This Wednesday
7.1.2024
Source: Pixabay / tombark The long-awaited approval for a spot Bitcoin exchange-traded fund (ETF) may finally come this Wednesday. BlackRock, the world’s largest asset manager and one of the contenders seeking to launch a spot bitcoin ETF, is reportedly expecting its application to...
Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs
6.1.2024
During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $100 threshold on Saturday, Jan. 6, 2024. 2024 Brings Chill...
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...
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...
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,...
Investors Take Caution Amid Leverage Purge and Delayed Spot Bitcoin ETF Prospects: Expert
5.1.2024
Image by plysuikvv, Adobe Stock Investors have grown more cautious ahead of the US Securities and Exchange Commission’s upcoming decision on the approval of an exchange-traded fund (ETF) linked directly to Bitcoin (BTC). According to Jacob Joseph, a research analyst at CCData, the recent...
Central Bank of Nigeria Approves Africa Stablecoin Consortium to Pilot cNGN Stablecoin in Regulatory Sandbox
5.1.2024
Source: AdobeStock / Faraz The Central Bank of Nigeria (CBN) has granted approval to the Africa Stablecoin Consortium (ASC) to launch the cNGN stablecoin in its regulatory sandbox. The stablecoin is set to be introduced on February 27, 2024, the Africa Stablecoin Consortium, a collaborative effort...
Why are Polygon (MATIC) investors worried? Which Altcoin are they moving to? Experts answer
5.1.2024
In a recent twist of events, investors in Polygon (MATIC) find themselves contending with apprehensions amidst the altcoin encountering formidable resistance levels. As experts analyse the unfolding situation, a noticeable trend emerges— a considerable number of these investors are redirecting...
Ethereum Price Prediction with Major Gains Expected in 2024 – Can ETH Surpass Its All-Time High?
5.1.2024
Source: Dall•E 3 The Ethereum price has gained by 2% today, rising back to $2,260 as the wider market recovers from a sharp selloff earlier in the week. ETH’s current price means that it has lost 4% in a week and 0.5% in the last 30 days, yet the biggest altcoin in the market remains...
Social Media Buzzes with ‘Buy the Dip’ Calls Following Bitcoin’s Slide
5.1.2024
Source: AdobeStock / REDPIXEL In a recent surge of optimism among cryptocurrency traders, social media platforms have been flooded with calls to “buy the dip” following Bitcoin’s price slide. According to data from blockchain analytics firm Santiment, mentions of the phrase...
Vocal XRP Advocate John Deaton Volunteers to Testify at Crypto Hearing
5.1.2024
Source: Pixabay Renowned crypto lawyer John Deaton has volunteered to testify at a congressional hearing on cryptocurrencies scheduled for January 10. On Thursday, Deaton took to X (formerly Twitter), expressing his willingness to represent the interests of several individual token holders....
Taiwanese Crypto Exchange ACE Founder, Employees Arrested Over Fraud Allegations
5.1.2024
Source: Pixabay Taiwan’s leading crypto exchange ACE and its masterminds have been accused of making false claims around speculative token listings to defraud investors. The local city police on Wednesday conducted multiple raids, arresting ACE founder David Pan, and co-conspirator Lin Nan. A total...
Marathon Digital Mines Record 1,853 BTC in December, up 56% from November
5.1.2024
Source: AdobeStock / Photocreo Bednarek Bitcoin mining company Marathon Digital has set a new production record by mining the highest amount of Bitcoin in a single month. In a press release on January 4, the Florida-based firm announced that it successfully mined 1,853 Bitcoin during December...
Celsius Network Announces Unstaking of Ethereum Holdings to Facilitate Distribution to Creditors
5.1.2024
Source: Adobe/Canva Now-defunct cryptocurrency lender Celsius Network has revealed plans to unstake its Ethereum (ETH) holdings as part of its efforts to distribute assets to creditors. In a recent announcement made on X, Celsius Network shared that it intends to carry out...
US SEC Cites Terraform Case in Coinbase, and Binance Rulings
5.1.2024
Source: Pixabay The US. Securities and Exchange Commission (SEC) has cited the Terraform Labs recent ruling during the Coinbase and Binance hearings strengthening its claim that the cryptocurrency exchanges went against the securities law. On 28 December, the SEC ruled that Terraform Labs tokens...
Biggest Crypto Gainers Today on DEXTools – PEPE, 0XOS, ITX
4.1.2024
Top Crypto Gainers Today on DEXTools Blue chip cryptocurrency markets are recovering on Thursday following Wednesday spot Bitcoin ETF approval FUD/leverage flush out-fuelled pullback, with Bitcoin (BTC) last up more than 3% on the day and back above $44,000 and Ether (ETH) up around 3.5% and eyeing...
Cipher Mining Boosts Capacity with 16,700 New Bitcoin Miners
4.1.2024
Source: Adobe / Photocreo Bednarek Prominent Bitcoin (BTC) mining firm Cipher Mining has acquired 16,700 new mining rigs, aiming to position itself as one of the leading players in the industry following the anticipated Bitcoin halving event in April. The company plans to install these...
Bitcoin’s Flash Crash Sends Shockwaves Through Gaming Token Market
4.1.2024
Source: Adobe/nuclear_lily Bitcoin’s recent flash crash has sent shockwaves across the cryptocurrency market, impacting various gaming-related tokens. On Wednesday, Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a rapid decline of approximately 7%, prompting...
XRP Price Prediction as XRP Drops Below $0.60 Support – Time to Buy the Dip?
4.1.2024
The XRP price has sunk by 9% in the past 24 hours, falling below the all-important $0.60 support level after a bad day for the cryptocurrency market yesterday. At $0.576124, the altcoin has lost 10% in a week and 6% in the last 30 days, although it does remain up by 64% in the past […]
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