Max Keiser, a Bitcoin maximalist, alleged to his 550,000 followers on X that he considered Ark Invest CEO Cathie Wood’s recent statements about a Bitcoin exchange-traded fund (ETF) to be false. “This is misleading,” he declares in a post on X (formerly Twitter). Cathie Wood Says Bitcoin ETF is Quick and Efficient for Institutions Cathie […]
Exchange-traded fund (ETF) analysts have dispelled rumors that spot Bitcoin funds will be backed by ‘paper Bitcoin’ or fractional reserves. Instead, they will be fully backed by the asset itself, which means issuers will need to load up. Rumors regarding the backing of Bitcoin exchange-traded funds have been circulating, adding to the apprehension before the […]
The native token of a little-known Ethereum (ETH) scaling solution has soared by triple digits amid the announcement of an incentive program. Ethereum layer-2 Metis (METIS) is up nearly 20% over the past 24 hours and up 261% in seven days from December 20th’s opening price of $25.67. METIS is trading at $92.58 at time […]
ARK Invest CEO Cathie Wood says the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the US will likely have a negative impact on the price of the flagship cryptocurrency. In a new interview on CNBC, Wood says investors eager to take profits will “sell on the news” of securities regulators giving their […]
Blast, an upcoming Ethereum layer 2 platform, is generating buzz following its exclusive early access event, anticipating a public launch of the completed platform in February 2024. Recent data from Spotonchain indicates a major milestone for Blast_L2, reaching a total value locked (TVL) of $1.1 billion. A substantial amount, equivalent to 477,000 ETH ($1.15 billion), […]
The FIU has also written to the Ministry of Electronics and Information Technology to block the URL of cryptocurrency exchanges as their …
Amid rapidly growing anticipation for the launch of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, concerns have arisen from many in the Bitcoin community regarding if these funds will truly hold spot Bitcoin or not. In response to these worries, Bloomberg Intelligence ETF analyst James Seyffart has stepped forward to allay fears, assuring […]
In the dynamic realm of cryptocurrencies, Axie Infinity’s AXS token has embarked on a remarkable ascent, witnessing an impressive surge of over 35% in the past 24 hours and currently trading at $9.26. This rally catapults AXS to the forefront of gaming cryptocurrencies, boasting a market capitalization of $1.4 billion and a circulating supply of […]
Cathie Wood, the founder and CEO of ARK Investment Management, has recently shared her optimistic outlook on the approval of Bitcoin Exchange-Traded Funds (Bitcoin ETFs). According to Wood, multiple Bitcoin ETFs could be approved by January 10, 2024, according to an interview with CNBC. ARK Invest, under Wood’s leadership, has a pending spot Bitcoin ETF […]
MicroStrategy increased its Bitcoin holdings with massive $615 million purchase
Japan’s Monex Group is diving further into digital currencies as it has agreed to acquire a majority stake in 3iQ Digital Holdings, a Canadian crypto asset management company. However, the announcement today (Thursday) did not elaborate on the acquisition details. Expanding Crypto Industry Exposure “Our long-term strategy is to strengthen our asset management business, and […]
Tether, the company behind the popular stablecoin USDT, announced a significant milestone in its growth, with its market value reaching $91 billion. It was also revealed that over 2023, the firm has added approximately $4 billion in excess reserves to its stablecoin’s consolidated reserves, showcasing its commitment to stability and resilience in the volatile digital […]
The chief executive of the Chamber of Digital Commerce says that Bitcoin (BTC) could hit a seven-figure price tag by 2029 if adoption continues at the current rate. In a new interview on CNBC Television, Perianne Boring, the crypto advocacy group’s founder and CEO, says that BTC’s fair value price is likely already somewhere between […]
Hedge funds in the crypto space are reportedly gearing up for what some think could be a positive year for digital assets markets. After surviving a deep bear market in 2022, firms like Pantera Capital, run by crypto veteran Dan Morehead, are expecting altcoins to start outperforming Bitcoin (BTC) as the market cycle evolves, Bloomberg […]
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice Investors throughout the U.S. are awaiting the release of a Bitcoin ETF. However, despite applications from BlackRock, Grayscale, Ark 21shares, Vaneck and Hashdex, the SEC has consistently delayed making a decision. Now, with BlackRock making a new […]
The surge in cryptocurrency popularity has led to the emergence of online cryptocurrency exchangers as key players in the digital financial market.
Crypto analyst Egrag Crypto recently shared an interesting story of his discussion with a top banker regarding the XRP price. The discussion centered around XRP, with Egrag and the banker analyzing how the altcoin could be worth $2,500 in the near future. XRP Price To $2,500 Is A Possibility Talks about XRP hitting $2,500 arose […]
After losing steam last month, Matic fell and entered a range mode. Although it managed to rebound and push well above the 0.9 level following a massive surge in a week. Now on the verge of breaking out. Looking at the market structure, Matic appeared to have provided some discount in the past month, but […]
Ripple and anonymous wallets have been spotted transferring half billion XRP, community making wild guesses
In a recent panel discussion hosted at the Finance Magnates London Summit (FMLS:23), prominent figures in the digital asset industry shared crucial insights into the evolving landscape of crypto regulation. The panel, moderated by Erwin Voloder, the Head of Policy at the European Blockchain Association, delved into the challenges and transformations catalyzed by recent events, […]
Binance Coin (BNB) experienced a notable increase of 7.34%, reaching its highest level in six months and closing the market capitalization gap created by Solana’s recent gains. Before December 23, BNB held the third position among the largest cryptocurrencies, but Solana’s impressive 50% gains in seven days changed that ranking. The question now is whether […]
In a groundbreaking move, Taproot Wizards, a renowned art collection inscribed by Bitcoin Ordinals, has announced the development of a method that allows Bitcoin enthusiasts to remove specific inscriptions from their Bitcoin software. The company’s pseudonymous Chief Technology Officer, Rijndael, revealed the news in a post on December 26, stating, “Merry Christmas, ord disrespectoors! I […]
China’s Supreme Procuratorate has dealt a significant blow against illegal cryptocurrency operations by sentencing Zhao Dong, the founder of RenrenBit and a minor shareholder of Bitfinex, to a seven-year prison term. The prominent crypto figure faced charges for running illegal business operations and engaging in unauthorized foreign exchange trading. This move underscores China’s continued crackdown […]
Remittances-focused crypto project Telcoin (TEL) is offering an update after a cybersecurity breach that resulted in the loss of funds. The remittances crypto project says that it is “aware of the situation with the Telcoin App” and has consequently “frozen use of the app.” According to cybersecurity firm PeckShield, Telcoin suffered an exploit that resulted […]
Deep-pocketed investors are suddenly scooping up massive amounts of Chainlink (LINK) and one other Ethereum (ETH)-based altcoin, according to on-chain data. The blockchain data tracker Lookonchain noticed that newly created crypto whale wallets were accumulating two digital assets Wednesday using the top global crypto exchange Binance. One crypto whale scooped up more than $4 million […]
ITALY-BITCOIN-COMPRO-EURO-CRYPTOCURRENCY. Crypto Gets Crazy Again With Dog-Inspired Tokens and Bitcoin Eyeing $45,000 · Crypto Exchanges as Bitcoin …
A crypto analyst has put together a bold prediction as to the future trajectory of the XRP price. Based on his prediction, the XRP community could see the crypto token’s price enter three digits soon enough. XRP Price To Rise To $352 In a video posted on YouTube, the crypto analyst behind the JWK Show […]
Artificial intelligence was the leading crypto narrative for the year, according to recent research from industry metrics outlet CoinGecko. Moreover, Web3 gaming was also a popular narrative for 2023. Artificial intelligence (AI) was by far the most popular crypto narrative in 2023. It accounted for 11.3% of total crypto narratives interest, according to a December […]
The following content does not constitute the opinion of BeInCrypto and should not be construed as financial advice In an interesting turn of events, Justin Sun, the mastermind behind Tron, has once again thrown the crypto world into a frenzy with a significant Shiba Inu withdrawal. This move adds yet another layer of mystique to […]
Can DOGE and SHIB follow dumping of BONK?
The creditors of the collapsed crypto exchange Mt. Gox woke up to a surprise as some had received the settlement proceeds twice. Now, the trustee is sending emails to such creditors asking for a refund of the excess amount. Mt. Gox Creditors Receive Double Payments A Reddit user posted the contents of the email received […]
In the ongoing pursuit of effective blockchain scaling solutions, an intriguing alternative has caught the eye of the blockchain community. Arbitrum, a cutting-edge scalability solution crafted to boost the performance of major blockchains such as Ethereum, has garnered substantial attention for its capacity to expedite transaction execution. With the integration of Arbitrum into the Ethereum […]