Bitcoin’s price hovers below pre-ETF levels despite historic approval. Peter Schiff blames large Grayscale Bitcoin Trust outflows for muted performance. GBTC has seen over USD $1 billion in outflows throughout the first few days of ETF trading. However, an average of USD $150 million worth of Bitcoin ETF shares are being purchased daily, unrelated to […]
Cryptocurrency trading remains widespread in China despite a ban … Small investors in China are using an underground network of brokers and go- …
The CEO of US-based crypto exchange Kraken says the introduction of spot Bitcoin (BTC) exchange-traded funds (ETFs) will have a bullish impact on the crypto industry. Last week, the U.S. Securities and Exchange Commission (SEC) greenlighted BlackRock, Fidelity, Grayscale, VanEck, Bitwise, Franklin, Valkyrie, Hashdex, Ark Invest, WisdomTree and Invesco Galaxy to offer spot Bitcoin ETFs. […]
Solana (SOL) Labs is kicking off pre-orders for the new version of its crypto-focused smartphone weeks after the first edition sold out in a frenzy. Solana Mobile is offering customers a “Founder Window” to deposit $450 for the upcoming “Chapter 2” phone, which the project says is expected to ship in the first half of […]
Socket, a protocol in the decentralized finance (DeFi) space, recently encountered a security incident that led to a loss of approximately $3.3 million. The vulnerability stemmed from a call injection attack on the Socket protocol, specifically impacting wallets with infinite approvals to Socket contracts. As a response, all affected contracts have been swiftly PAUSED to […]
In an interview with Bloomberg, Rachel Aguirre, the head of product at BlackRock U.S. iShares, revealed that the firm’s spot Bitcoin ETF (IBIT) has witnessed a surge in inflows, predominantly coming from retail investors and newcomers to the cryptocurrency space. This revelation follows the impressive performance of IBIT, which has maintained its lead in total […]
The recently launched US Bitcoin exchange-traded funds (ETFs) have captured the attention of investors, drawing an impressive $1.9 billion in just the first three days of trading. According to a report by Reuters citing data from issuers and analysts, this surge, led by industry giants BlackRock and Fidelity, has sparked a significant shift in the […]
In a significant milestone for Core Scientific, Inc., the leading data center and software solutions company for blockchain computing has obtained bankruptcy court approval for its reorganization plan, paving the way for it to emerge from bankruptcy and return to be listed on Nasdaq at the end of January 2024. This achievement follows an oversubscribed […]
Ethereum price struggled to extend gains above $2,600 and $2,620. ETH trimmed gains and might struggle to stay above the $2,500 support zone. Ethereum attempted a fresh increase but failed to surpass $2,620. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance […]
U.S. Securities and Exchange Commission (SEC) official Hester Peirce sees the delayed approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) as “squandered time.” In a new interview with Natalie Brunell, Peirce, one of the SEC’s five appointed commissioners, says the regulator should reflect on what she argues were errors in the approval process. “This […]
By Mr. Roshan Aslam · Impact of Approval of Bitcoin ETFs · Adoption of Cryptocurrency and the upcoming Halving of Bitcoin Halving in 2024 · Ordinals and …
New meme coin Dogwifhat (WIF) skyrockets 150% on its appeal of being a dog… wearing a hat. BitMEX listing fuels hype, reminiscent of Solana’s BONK meme coin boom. However, Bonk’s past month should be a lesson to trigger-happy investors – meme coins go up and down at a moment’s notice. Contrary to popular belief, the […]
Solana’s price continued to fall by the day and has lost roughly 10% of its valuation in the last three weeks. It recently recovered from the monthly low but has found it difficult to push above a critical resistance. Since the price touched the $126.3 level in late December, Sol has been on the fall […]
Ark Investment Management LLC has invested $15.9 million in its recently-listed spot Bitcoin exchange-traded fund (ETF), ARK 21Shares Bitcoin ETF (ARKB). In a parallel move, the firm sold $15.8 million worth of shares in the ProShares Bitcoin Strategy ETF (BITO). According to Coindesk, ARK Invest demonstrated its commitment to its Bitcoin-related endeavors by acquiring 365,427 […]
Joseph Bankman and Barbara Fried were always close to their son. A certain amount of interest in the well-being of their son and that of his business dealings is to be expected. However, the FTX estate, now led by bankruptcy specialist CEO John J Ray III, argues that SBF’s parents – particularly his father – […]
A closely followed analyst is laying out a scenario that would bring ruin to crypto traders who are looking to make quick and easy gains this year. Trader Justin Bennett tells his 110,800 followers on the social media platform X that he’s keeping a close watch on the TOTAL chart, which tracks the market cap […]
Longtime crypto skeptic JPMorgan chief executive Jamie Dimon is once again slamming Bitcoin (BTC) as a “pet rock.” In a new interview on CNBC Squawk Box from the World Economic Forum in Davos, Switzerland, Dimon argues that there are no real use cases for Bitcoin other than for illicit purposes. However, Dimon does say there […]
BNB price is struggling to clear the $320 resistance zone. It might decline toward the $288 support zone before the bulls aim for another increase. BNB price is struggling to gain traction above the $320 resistance. The price is now trading near $310 and the 100 simple moving average (4 hours). There is a major […]
In the world of decentralized finance (DeFi), dYdX emerges as an undisputed leader by surpassing Uniswap in daily trading volume. The v4 version of dYdX, based on the interchain protocol Cosmos, recorded an impressive trading volume of $757 million within a 24-hour period, overshadowing Uniswap v3 on the Ethereum market, which reached $608 million during […]
In a detailed thread on the X social media platform, on-chain forensic analyst TruthLabs, known as @BoringSleuth and backed by former ETH advisor Steven Nerayoff, has leveled serious accusations against the Ethereum Foundation. According to TruthLabs, there is transactional evidence linking the foundation to the Gatecoin hack in 2016, an event preceding the infamous hack […]
Follow the thrill of cryptocurrency investors as analysts predict bull run in 2024. Learn what could make these coins deliver solid returns.
Shiba Inu soars 651% in epic whale surge, on verge of shedding zero from SHIB price
Judge in SEC vs Coinbase dismissal hearing expresses concern that the regulator is trying to expand its reach too far. Coinbase lawyers say previous crypto cases show that an underlying contract is required for security purchases. Crypto lawyer, known as MetaLawMan on X, expects the case to proceed and that Coinbase will ultimately win. The […]
One of the top memecoins in recent years is rallying after the announcement of a new free-to-play blockchain game. ApeCoin (APE), a memecoin associated with the Bored Ape Yacht Club non-fungible token (NFT) collection, APE hit a high of $1.67 and a low of $1.44 on January 17th – a difference of approximately 16%. APE […]
The U.S. Bitcoin spot ETFs witnessed a staggering total trading volume of almost $10 billion within a span of three days, according to insights from Bloomberg analyst James Seyffart. Grayscale GBTC led the charts with a three-day trading volume of $5.174 billion, followed by BlackRock’s IBIT at $1.997 billion and FBTC at $1.479 billion, resulting […]
Nukkleus Inc. has announced the signing of a Memorandum of Understanding (MOU) yesterday (Tuesday), outlining plans for a significant increase in its holdings in Jacobi Asset Management. The collaboration with Jacobi, recognized as the sponsor of Europe’s exclusive regulated and approved Bitcoin spot ETF traded on Euronext, reflects Nukkleus’ participation in innovative financial markets. Nukkleus […]
The first round of oral arguments between Coinbase and U.S. regulators during their major legal war has come to a close. The result? No immediate rulings – but the judge overseeing the case found herself impressed with Coinbase’s understanding of the issues and technologies at hand. Coinbase VS SEC on Staking Judge Katherine Polk Failla […]
DOGE (Dogecoin), the cryptocurrency propelled by internet memes, is gaining attention on Elon Musk’s X (formerly Twitter), as evidenced by a survey conducted by a leading Doge account. The community’s interest in integrating Dogecoin (DOGE) into the platform for payments and tips is apparent, reflecting a desire to move away from traditional fiat currencies. Related […]
Arthur Hayes outlines trading opportunities and long-term trend after Bitcoin ETF approvals
So, you will be asked to connect this fake account to a crypto wallet. Since you are on a malicious phishing page, it drains the cryptocurrency from …
In the last week, the launch of the BTC Spot ETF has created a significant impact on the crypto market, with total trading volumes in the 11 ETFs reaching $9.8 billion, and now ETH is in investors sights. Surprisingly, GBTC alone accounted for $4.6 billion in these volumes, according to the recent report published by […]