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 – […]
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 […]
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 […]
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 […]
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 […]
Shiba Inu soars 651% in epic whale surge, on verge of shedding zero from SHIB price
Follow the thrill of cryptocurrency investors as analysts predict bull run in 2024. Learn what could make these coins deliver solid returns.
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 […]
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 […]
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 …
A widely followed crypto strategist warns that a Solana (SOL) competitor that’s up more than 3x in the last 30 days is flashing signals that it may have printed a short-term top. The pseudonymous analyst known as Altcoin Sherpa tells his 205,700 followers on the social media platform X that while layer-1 blockchain Sei (SEI) […]
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 […]
Gemini has secured approval from the French regulator to launch its services in France. This significant development opens a new chapter for Gemini, allowing it to extend its offerings to retail and institutional clients in the European market. Gillian Lynch, the Head of EU at Gemini, emphasized the importance of this regulatory approval in the […]
Report encourages holders of Cardano’s native token—ADA—to sell their bags, citing lack of outside usage of the network, no major stablecoins. Report authors conclude Cardano is a dying chain with no hope of wider adoption. Muted response from Cardano founder, Charles Hoskinson, fails to satisfy the community. SELL! SELL! SELL! That’s the message to ADA […]
CoinGecko, a major cryptocurrency data aggregator, has removed over 24,000 ‘dead’ cryptos from its platform. This highlights the fact that over 50% of all crypto have failed, with the highest number of 5,724 perishing in 2021 alone. CoinGecko deactivates cryptos based on criteria like lack of trading activity for over 30 days, fraudulent activities such […]
While Bitcoin’s price has been in a consolidation phase post ETF adoption, Ethereum is witnessing significant gains. Currently trading at $2,571, Ethereum’s market valuation has reached $308.97 billion, marking a 1.53% increase. According to Santiment data, Ethereum’s price dominance against Bitcoin has surged by +22.4% in the past week. This period has seen the creation […]
Core Scientific, a provider of blockchain computing data centers and software solutions, announced that the United States Bankruptcy Court for the Southern District of Texas has confirmed the Chapter 11 plan of reorganization. With the Bankruptcy Court’s approval, Core Scientific is now set to emerge and re-list on the Nasdaq by the end of January […]
Grayscale, an American digital asset management company, has witnessed a staggering amount of outflows in its Spot Bitcoin ETF, Grayscale Bitcoin Trust (GBTC). Analysts speculate that the outflows may be linked to several factors, including high trading fees and accounting irregularities. Grayscale Experiences Massive Outflows After successfully securing approval for its Spot Bitcoin ETF against […]
Veteran trader Tone Vays is issuing a warning that Bitcoin (BTC) could soon undergo a much bigger market correction. In a new video update, the seasoned analyst tells his 123,000 YouTube subscribers that Bitcoin could dip into the mid-$30,000 range if it fails to reclaim a key level. “All signs are pointing to a much, […]
Bitcoin (BTC) user pays eye-watering transaction fee, which is almost 30,000x higher than ordinary commission
Hagerty, Lummis Introduce Cryptocurrency Legislation to Foster Public-Private Coordination on Combatting Illicit Finance. January 17, 2024.
In the dynamic world of digital currencies, David Schwartz, Ripple’s CTO, recently addressed the crypto community’s concerns about the absence of the genesis block on the XRP Ledger (XRPL). This discussion was prompted by questions from the community, especially a member named MetaMan, who was doubtful about the XRPL’s unusual beginning at block 32,569. The […]
In a surprising move, asset management firm VanEck announced that it plans to close and liquidate its VanEck Bitcoin Strategy ETF (XBTF), just two years after its launch on the CBOE in November 2021. On January 16, 2024, the Board of Trustees of VanEck ETF Trust officially approved the liquidation and dissolution of the fund, […]
Digital assets infrastructure provider, Aquanow, and cryptocurrency exchange, Gate.io, have announced a strategic partnership aimed at enhancing global liquidity for the next generation of blockchain projects. With Gate.io boasting over $6 billion in daily trading volume and a user base of 13 million, the collaboration signals a notable move towards modernizing financial services through crypto […]
After a month of quiet paws, Shibarium, the Layer-2 solution for the popular meme coin Shiba Inu, has roared back to life with a staggering 200% increase in daily transactions over the past two days. This surge marks a dramatic turnaround from its recent lull, reigniting optimism among the SHIB army and sending the platform’s […]