False SEC approval news once caused market turmoil; Ethereum ETF rumours now raise similar concerns. SEC hastens document updates for Ether ETF, hinting at possible approval despite no guarantees. Past confusions over security status linger with approval of key filings pending. Could this be another moment like we saw in the process of the Spot […]
ETH surges over 20% on the day following news of progress on Ethereum spot ETFs. The hype train is departing the station! Please ensure your FOMO is safely stowed! Ethereum, the second largest cryptocurrency by market cap, has surged over 20% in the past 24 hours on news of sudden progress towards US spot ETF […]
MoonBag Presale is a Game Changer. Can Baby DogeCoin & Cardano Follow Up? Are you ready to enter the digital world of cryptocurrency where individuals and traders constantly look forward to grabbing an opportunity that provides them unparalleled returns? Well, go no further. Introducing MoonBag presale which is the newest sensation and is a novel contender within […]
Gracy Chen, a seasoned entrepreneur with a decade of experience in business management, marketing, and investment, has been appointed as the new Chief Executive Officer (CEO) of the crypto exchange Bitget. She will succeed Sandra Lou, who is stepping down to pursue personal business goals. Gracy Chen Takes the Helm as Bitget’s New CEO Gracy […]
In a recent interview with Bitcoin Magazine, Shinobi sat down with Andrew Poelstra from Blockstream to discuss his colleague Rusty Russell’s ambitious proposal. Rusty plans to restore several abandoned features from Bitcoin’s code, a bold move that could significantly enhance the functionality and expressivity of Bitcoin scripts. Understanding the New Costing Model One of the […]
In a new YouTube analysis released to his 502,000 followers, crypto strategist Miles Deutscher shared his insights on the evolving landscape of crypto investments. Deutscher’s discourse delved deep into the inefficacies of traditional venture capital (VC) investment models in the crypto space and proposed an alternative strategy focusing on certain altcoins which he believes are […]
While the ETF approval process could be delayed until 2025, it could be Ether’s most significant price catalyst.
[PRESS RELEASE – Singapore, Singapore, May 20th, 2024] ELFi Protocol, a decentralized derivatives trading platform, has successfully completed two rounds of strategic financing, raising a total of $5 million. The latest round with leading investment from IDG Capital and KuCoin Ventures. ELFi Protocol has been launched on the Arbitrum testnet and is conducting an open […]
Michael Oliver, the proprietor of Momentum Structural Analysis (MSA) – a research firm specializing in detecting momentum-based movements – believes the recent gold bull market rally might differ from the other gold rallies. Oliver stated that due to several factors, not investing in gold could mean missing “what will likely be a generational event.” MSA […]
The price of Ethereum has surged by more than 16% over the past 24 hours
As the cryptocurrency market continues to evolve, ChainBitVortex aims to eliminate doubts and foster trust among traders worldwide. About …
Canadian authorities have arrested a 25-year-old man for allegedly masterminding a crypto Ponzi scheme that defrauded investors for over $30 million. After an 18-month investigation, police in Ontario have announced that they arrested Aiden Pleterski for fraud and money laundering charges, Canadian government-funded media CBC reports. Says Ontario Police Chief Peter Moreira, “It’s alleged that […]
As the Bitcoin and Ethereum prices hav barreled toward a new all-time high, short-term traders have been suffering the brunt of the liquidations. In the last day alone, over $330 million was liquidated from the crypto market and the majority of this has been from short traders who expect prices to fall once again. Over […]
Does code as freedom of speech mean that developers aren’t responsible for how their creations are used?
BlockDAG’s Transparent Ranking System Steals the Show, Luring Investors Away from Retik Finance and Amassing $28.5M Presale! As Retik Finance gears up for its anticipated Uniswap listing, aiming to integrate cryptocurrency with mainstream finance, the crypto community watches with a mix of excitement and skepticism. Amidst this, BlockDAG has stolen the spotlight with its impressive […]
One selling point for Bitcoin is that it is politically neutral. After all, it’s a ledger, decentralized, and wherever we each fall on the political spectrum, we all need to keep track of our own funds. That’s not to say everyone thinks Bitcoin is the best way to do this, but the neutrality of the […]
TL;DR Bitcoin is at a crucial point according to several experts, with the possibility of reaching new all-time highs if it surpasses $67,500. The recovery above $66,000 and positive inflows into BTC ETFs in the US indicate a bullish sentiment among investors. Despite the resistances, analysts expect a potential rally, although some like Michael Novogratz […]
TL;DR Crypto Rebound: Crypto investment products saw a significant rebound with $932 million in inflows for the second week, largely due to the market’s reaction to the CPI report, with 89% of inflows occurring in the last three trading days. Regional Dynamics: The U.S. led with $1,002 million in inflows, while Grayscale experienced its first inflows since January. Bitcoin was the […]
Kraken is monitoring developments around stablecoins due to the new EU MiCA regulations, which could limit trading with these assets. Mark Greenberg from Kraken denies any plans to delist USDT, emphasising compliance and ongoing support under EU regulations. MiCA imposes strict requirements on stablecoin issuers, including reserve maintenance and licensing, potentially impacting Kraken’s operations. According […]
Conflict of interest concerns have been raised over Ethereum Foundation researcher Justin Drake’s appointment as an advisor to Eigen Foundation—the organisation behind Ethereum’s new restaking protocol. Drake acknowledged the position entitles him to millions of dollars of EIGEN tokens vested over three years, “which could easily be worth more than the combined value of all […]
Shiba Inu (SHIB) faces critical juncture in its price action
A bankruptcy court judge has approved a plan by the cryptocurrency lender Genesis Global to return about $3 billion to its creditors and investors …
The New York State Attorney General (AG) has brokered a $2 billion settlement with Genesis Global to help those defrauded by Gemini Earn. Last winter, NY state AG Letitia James sued the crypto exchange Gemini, the lending firm Genesis and the investment giant Digital Currency Group (DCG) over allegations that the companies attempted to conceal $1.1 billion […]
[PRESS RELEASE – Geneva, Switzerland, May 21st, 2024] LAKE (LAK3), a pioneering Web3 ecosystem dedicated to transforming the global water economy through blockchain technology, Real World Assets (RWA) and the LAK3 token, is excited to announce its participation and sponsorship of the London Blockchain Conference, taking place from May 21 to 23. Ahad Ali, LAKE’s […]
David Bailey, CEO of Bitcoin Inc., took time out of running the Bitcoin Asia Conference in Hong Kong to sit down with Bitcoin.com’s COO, Jason Sheman. The conversation delved into the lessons learned from past mistakes, the strategic pivot to Bitcoin, the Bitcoin Conference, Bitcoin Layer twos, and stablecoins on Bitcoin. Bitcoin Asia Conference Highlights: […]
At the MicroStrategy World: Bitcoin for Corporations conference, Nathan McCauley, co-founder and CEO of Anchorage Digital, shared his thoughts on the growing rate of institutional Bitcoin adoption. Anchorage Digital, the only federally-chartered bitcoin bank and a leading institutional custodian, plays a crucial role in facilitating this transition to bitcoin becoming an asset in which institutions […]
In a noteworthy development for Shiba Inu investors and traders, well-known cryptocurrency analyst and enthusiast Javon Marks has verified SHIB’s break out from the Bull Flag pattern, an indicator that typically signals the start of an upward price movement. Shiba Inu Breakout To Trigger A Continuation 210% Price Increase Mark’s emphasis delves into the current […]
Vitalik Buterin calls superintelligent AI “risky” amid leadership upheavals at OpenAI, stressing the need for caution and decentralization in AI development.
BlockDAG’s $100M Liquidity Surge: Outshining Solana Downturn and Cronos Forecasts April 2024 brought notable fluctuations across the cryptocurrency market. While Solana struggled with significant network issues that resulted in a substantial decline in its price, Cronos faced mixed reactions due to changes in monetary policies and internal strategy adjustments at Crypto.com. In stark contrast, BlockDAG […]
A closely followed crypto strategist says he’s bullish on one Ethereum (ETH) competitor that surged by as much as 43% last week. Pseudonymous trader Altcoin Sherpa tells his 216,300 followers on the social media platform X that Fantom (FTM) will see more rallies in the coming months. “FTM is going to $1-ish before any pullback […]
TL;DR Approval Process: The U.S. Securities and Exchange Commission (SEC) is reviewing the 19b-4 filings and S-1 registration statements necessary for the Ethereum (ETH) ETF to be traded on stock exchanges. SEC’s Role: SEC’s approval is crucial for the ETF’s legality, with a decision timeframe of up to 240 days, although the initial review is […]
Ripple reports average daily XRP trading volume rose to US$865 million, with derivative interest up to US$500 million. XRP Ledger transactions increased 108%, fees dropped 45%, highlighting more efficient network activity. Despite Ripple’s ongoing SEC lawsuit, XRP trading remains robust. In its quarterly report, Ripple has revealed figures around on-chain activity on the XRP-Ledger and […]