XRP price remains stagnant, but hopes of rebound are tied to spot Bitcoin ETF

The Securities and Exchange Commission (SEC) encountered a significant stir after its Twitter account appeared to announce approval for spot Bitcoin exchange-traded funds (ETFs). However, contrary to the tweet’s assertion, the SEC’s Chair, Gary Gensler, confirmed that none of the applications for spot Bitcoin ETFs had received approval as of Tuesday afternoon. The regulator’s official […]

New data reveals that prominent centralized exchange (CEX) platforms, including Crypto.com and Bybit, saw their trading volumes surge in December. According to blockchain reporter Colin Wu, in December, the overall spot trading volume of centralized crypto exchanges rose 27.4% month-on-month despite some of them seeing notable dips. “In December, the spot trading volume of major […]

A closely followed crypto trader thinks that one Ethereum (ETH) challenger may be on the cusp of a breakout rally. Crypto trader Ali Martinez tells his 40,000 followers on the social media platform X that Solana (SOL) is forming a bullish continuation pattern on the hourly chart. The analyst shares a chart that suggests SOL […]

[PRESS RELEASE – Singapore, Singapore, January 11th, 2024] As the blockchain industry emerges from a prolonged bear market, BitsLab, a leading name in blockchain security auditing, is making significant strides. Focusing on emerging Web3 ecosystems, BitsLab is redefining its approach to blockchain security auditing through its subsidiaries MoveBit and ScaleBit. MoveBit, originally a collaboration of […]

After the hype around blockchain technology and cryptocurrency in Web3 … cryptocurrency-related fraud dropping. The industry lost $1.8 billion …

The year 2023 marked a significant milestone in the world of cryptocurrency payments, with CoinGate, a leading payment intermediary in the industry, reporting a record-breaking year. CoinGate processed over 1.29 million crypto payments in 2023, equivalent to one payment every 24 seconds.  The data indicates that the total number of crypto payments reached 1,294,058, marking […]

The Chicago Board Options Exchange (CBOE) has declared on their website that VanEck, Fidelity, and ARK 21Shares Spot Bitcoin Exchange-Traded Funds (ETFs) will officially commence trading starting tomorrow, pending regulatory approval and effectiveness. The CBOE’s announcement signifies a major milestone in the quest for regulated and direct exposure to Bitcoin through ETFs, allowing both institutional and […]

Ethereum (ETH) continued its upward trajectory Wednesday, clocking a 10% gain in 24 hours to breach past the vaunted $2,600 mark. Market watchers attribute this surge to a confluence of factors, primarily fueled by anticipation of a forthcoming Ethereum exchange-traded fund (ETF) in the wake of the expected approval for a Bitcoin ETF in the […]

The founder and CEO of SkyBridge Capital Anthony Scaramucci believes that the total market capitalization of Bitcoin (BTC) could rise more than 13-fold from the current level. Scaramucci says in a new CNBC interview that BTC’s total market cap stands to potentially equal that of Bitcoin with the entry of mainstream investors following the potential […]

Ripple’s Chief Legal Officer Stuart Alderoty gives SEC four-day deadline for clarifying fake Bitcoin ETF approval

India has ramped up its regulatory measures against offshore cryptocurrency exchanges, directing Apple to remove apps from crypto exchanges such as Binance from its App Store within the country. According to a report by Bloomberg, this recent escalation follows a notice from the Financial Intelligence Unit (FIU) targeting nine platforms suspected of regulatory misconduct in […]

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. BONK took the crypto world by storm in late 2023 with exceptional single-day gains of over […]

X (Twitter) has officially discontinued supporting non-fungible tokens (NFTs) as profile pictures for its paid subscribers. This decision signifies a notable shift in the platform’s direction. It also has ambitious plans for 2024, including peer-to-peer payments and enhanced AI-powered tools. X (Twitter) No Longer Supports NFTs The feature allowed Twitter Blue subscribers to showcase their […]

The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers tell @FoxBusiness the @SECGov will […]

Hester Peirce, also known as ‘crypto mom,’ didn’t mince her words in a statement responding to the approval of spot Bitcoin exchange-traded products by her agency after a decade of rejecting them. “Today marks the end of an unnecessary, but consequential, saga,” she said on Jan. 10. The saga likely would have spanned well beyond […]

… cryptocurrency on Wall Street and beyond … cryptocurrency on Wall Street and beyond. The Securities and Exchange Commission, whose three-part …

Today, the United States Securities and Exchange Commission (SEC) has officially approved the listing of the first-ever spot Bitcoin Exchange-Traded Funds (ETFs). This move marks a historic milestone in the evolution of Bitcoin adoption within traditional financial markets. “Today, the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) […]

The Bitcoin market was swept into a frenzy following an alleged hack of the US Securities and Exchange Commission’s (SEC) X account, falsely claiming the approval of 11 spot ETFs. This misinformation led to a rollercoaster in Bitcoin’s price, which initially soared from $46,800 to $48,000, only to crash to $45,000 within a span of […]

The growing anticipation surrounding the approval of a Bitcoin ETF in the United States has sparked a wave of optimism in the cryptocurrency market. Currently, over 90% of BTC holders, equivalent to about 970,000 addresses, are enjoying profits despite the recent turbulence caused by fake news about the product’s approval. The event triggering this phenomenon […]

Whopping one billion Dogecoin just vanished from Binance to unknown wallet, adding suspense to crypto world, as Dogecoin’s lunar landing date unveiled

Its official: the Securities and Exchange Commission (SEC) has approved the spot Bitcoin exchange-traded fund (ETF). The confirmation came just before the expiration of today’s (Wednesday) deadline on the application of the Ark 21Shares Bitcoin Trust. The official confirmation came a day after a compromised X account of the SEC falsely announced that the regulator […]

The recent 33% decline in Ripple’s (XRP) price has raised questions about whether this downward trend will continue or if a correction is nearing its end. Currently, Ripple is finding significant support, which could play a crucial role in determining its next price movement. If this support level holds, it may provide a foundation for […]

As the overall cryptocurrency market enjoys a robust bullish trend, Litecoin ($LTC) has joined the momentum, securing a 5.5% gain and presently trading at $70. This upward movement aligns with the prevailing enthusiasm surrounding the potential approval of Spot ETFs. Litecoin has initiated the new year on a strong note, processing a noteworthy 6.3 million […]

Long-awaited approval from US financial authorities means cryptocurrency fans have a new way to trade.

Ethereum has been increasing in the past day in the hopes that an ETH ETF might be next in line on the SEC’s agenda. Meanwhile, the probability of a further bullish continuation seems to remain high, considering what the charts are demonstrating. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price […]

Today, Bitwise Asset Management unveiled a new initiative, confirming their pledge to allocate 10% of profits from the Bitwise Bitcoin ETF (BITB) towards supporting Bitcoin open-source development, according to a press release sent to Bitcoin Magazine.  The donations will benefit three esteemed non-profit organizations – Brink, OpenSats, and the Human Rights Foundation’s Bitcoin Development Fund. “Bitcoin […]

Crypto analyst Ali Martinez has predicted an outstanding long-term price for Cardano (ADA), although subject to some downside before the target is reached. The Cardano (ADA) price is currently declining, down by 4.2% in the past 24 hours and 16.7% in a larger timeframe. The crypto did manage to turn bullish for a few hours […]

Valkyrie Funds’ co-founder Steve McClurg has discussed the likelihood of Ethereum and XRP ETFs following the SEC’s anticipated approval of a Bitcoin spot ETF

With SEC’s approval confirmed, spot Bitcoin ETFs are officially set to launch, marking what some commentators believe is a turning point in Bitcoin’s history. Whatever events unfold from here, it’s worth considering why now is the right time for ETFs to get the green light, and how Bitcoin and the wider crypto industry may be […]

A closely followed crypto strategist believes that people may be underestimating the upside potential of Bitcoin (BTC) for this market cycle. Analyst Jason Pizzino tells his 93,700 followers on the social media platform X that some traders are already marking the possible approval of a slew of Bitcoin exchange-traded funds (ETFs) as the end of […]

Cboe BZX Exchange has approved the listing of spot Bitcoin ETFs from multiple asset managers, including ARK 21Shares, Invesco Galaxy, Fidelity, VanEck, WisdomTree, and Franklin Templeton. The United States Securities and Exchange Commission (SEC) has yet to give full approval. Still, the Cboe’s approval is a significant step towards approving shares of a spot Bitcoin […]