In his latest essay titled “The Easy Button,” Arthur Hayes, founder of the crypto exchange BitMEX, delves into the dynamics of global monetary policies and their consequential ties to what he describes as the impending ‘Crypto Valhalla.’ Hayes analyzes the policy maneuvers of the world’s major economies, notably Japan, the United States, and China, and […]
Many market analysts recently changed their stance after the SEC unexpectedly requested that exchanges update their 19b-4 filings before the May 24 deadline.
On Monday, New York Attorney General Letitia James announced that her office has secured a $2 billion settlement with the bankrupt cryptocurrency firm Genesis Global. This agreement comes in response to allegations that Genesis defrauded investors, including tens of thousands of New Yorkers. $2 Billion Settlement In a post on social media platform X, AG […]
Standard Chartered Bank has revised its forecast and now expects the U.S. Securities and Exchange Commission (SEC) to approve spot ethereum exchange-traded funds (ETFs) this week, with the bank’s head of digital asset research expressing 80% to 90% confidence. He estimates potential inflows of $15 billion to $45 billion into ether within the first year […]
Do DOGE and SHIB have enough strength to rise this week?
Euphoria is sweeping through cryptocurrency markets on growing optimism that regulators will approval exchange-traded funds that invest directly …
Venture capital (VC) investment in crypto firms is reportedly on the rise following a slump of seven consecutive quarters. Citing data from private equity and venture capital deals information provider PitchBook, Reuters reports that VC investment in crypto companies rose by 41% quarter-on-quarter to reach a figure of $2.4 billion in the first three months […]
A JPMorgan Chase customer reportedly lost $300,000 at a bank branch in Brooklyn immediately after withdrawing the cash. The 31 year-old customer withdrew the huge sum from a teller and was robbed once he exited the bank’s front door, reports News 12. Although the bank has not released a statement on the assault, it provided […]
TL;DR BounceBit, a Bitcoin restaking protocol backed by Binance, has unveiled its roadmap for 2024, highlighting its focus on the convergence of TradFi and DeFi. The company focuses on CeDeFi to combine the security of CeFi with the potential of DeFi, backed by a solid financial structure and million-dollar fundraisings. The company’s strategy revolves around […]
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 […]