A spot Bitcoin exchange-traded fund (ETF) has been one of the hottest topics over the past few years. Many investment companies, both traditional and crypto-oriented, have been filing multiple applications with the United States Securities and Exchange Commission over and over again. On January 10th, 2024, the SEC finally gave the go-ahead and greenlighted a […]
Comm Mohd Yusri said the consultant was introduced by a Facebook friend to the cryptocurrency scheme last September. “He made 44 transactions into …
The year 2024 marks the dawn of a new era, not just for technology but for finance, as a major victory was achieved for Bitcoin Spot ETFs (Exchang-Traded Funds). It’s now the era where the past will be appreciated for its foresight and doggedness. When the pioneer cryptocurrency and digital currency, Bitcoin launched in January […]
Hackers hit the crypto exchange giant HTX with a distributed denial of service attack (DDoS) on Friday morning, causing a brief outage. A DDoS attack is a malicious attempt by bad actors to flood the target website with traffic to overwhelm the site’s infrastructure. HTX is the newly rebranded name of Huobi. Tron (TRX) founder Justin […]
A Bloomberg intelligence analyst is estimating that top US-based crypto exchange platform Coinbase has a 70% chance of winning a motion to toss out the U.S. Securities and Exchange Commission’s (SEC) lawsuit against it. In a new thread, Bloomberg analyst Elliott Stein says that before going into a court hearing on the matter, he believed […]
The onset of the new year has ushered in notable fluctuations and increased volatility within the cryptocurrency market. While certain altcoins show signs of a bullish trajectory in anticipation of Bitcoin’s upcoming halving, top crypto coins such as Cardano, Ethereum, and Ripple coin have experienced a persistent decline over the past week. Amidst these trends, […]
Bitget Wallet, a Web3 trading wallet formerly known as BitKeep, has introduced a new inscription ecosystem called GetScribe. The platform aims to simplify access to omnichain inscriptions by offering inscription management across 19 different blockchains, including Bitcoin, Ethereum, and Polygon. Bitget Wallet Launches Omnichain Inscription Ecosystem GetScribe provides users with single and batch inscription capabilities […]
Arnold Schwarzenegger held at Munich airport unable to conduct necessary pretax payment with fiat currency
Explore the latest in the cryptocurrency market – Shiba Inu experiences a breakdown, Solana reveals hidden opportunities, and Ethereum grapples …
The perception of Bitcoin (BTC) as a safe haven asset provides a price floor for the top cryptocurrency, according to Jenny Johnson, the president and chief executive of global investment giant Franklin Templeton. Johnson says in a new interview with CNBC that the demand for BTC is evident after the launch of new spot Bitcoin […]
El Salvador made history by becoming the first nation to embrace Bitcoin as a legal tender more than two years ago. Although the country’s financial outlook has seen positive developments, a recent study carried out by José Simeón Cañas Central American University unveiled a mixed sentiment regarding the correlation between the adoption of Bitcoin and […]
An anonymous Bitcoin whale may have triggered a massive sell-off panic in the crypto market recently. According to an X (formerly Twitter) post by Ali Martinez, the whale sold off a whopping 59,000 BTC totaling over $2.45 billion. Bitcoin Whale Dumps 59,000 BTC In his X post, Martinez announced that a Bitcoin whale has initiated […]
Core Scientific, a Bitcoin miner that took a massive hit with previously falling crypto prices, received approval for Chapter 11 restructuring from a US bankruptcy judge. Following this decision, the company is expected to re-list its shares on Nasdaq by the end of January. Restructuring of Core Scientific The decision yesterday (Tuesday) allowed the Bitcoin […]
Pushd has carved its success with its groundbreaking e-commerce solution. This upstart marketplace’s phenomenal presale recognition gained a ballistic 100% and over 18,000 signups, leaving Uniswap (UNI) and Monero (XMR) investors green in envy. Let’s find out why. Monero (XMR) Faces Regulatory Headwinds The Monero (XMR) chain has found itself in regulatory crosshairs. While touted […]
Bitcoin smashes another all-time high and leaves Elon Musk surprised
A North Carolina couple who says a pile of money mysteriously vanished from their account has been denied reimbursement from banking giant Wells Fargo. Susan Cheek says she and her husband quickly noticed when $1,200 was sent from their Wells Fargo bank account to Western Union in two unauthorized transactions, reports the CBS-affiliated news station […]
Florida Senator Marco Rubio just issued a warning about the growing global economic alliance known as BRICS. In a new article on RealClearWorld, the Republican senator says the recent expansion of BRICS poses a threat to the SWIFT payment system and America’s ability to weaponize the dollar to sanction people and nations. “As of New […]
Cryptocurrency exchange Binance is scheduled to present its case for the dismissal of the SEC's suit against the platform.
Data from the trading analytics platform BitMEX Research reveals that Fidelity’s Bitcoin spot ETF – FBTC – has now witnessed a total inflow of over $1 billion. This development comes as BTC attempts to rebound from its recent dip over the last two weeks with a 1.56% gain in the past day, based on data […]
Increasing interest rates, regulatory actions, financial insolvencies, and instances of fraud have significantly contributed to shrinking the overall digital asset economy in the past year. The world’s second-largest stablecoin – USDC – wasn’t immune to these forces either. The total circulating supply has declined from approximately $45 billion to about $25 billion by the conclusion […]
Illustration by Mitchell Preffer for Decrypt. Little over a week since the launch of spot Bitcoin exchange-traded funds (ETF), and the crypto markets are suffering. Over the past week, Bitcoin (BTC) has shed more than 10% of its value, according to CoinGecko. The biggest digital coin by market cap is now priced at $41,002. Last […]
The United States Securities and Exchange Commission (SEC) has announced a 45-day extension to its deliberation period for asset manager Fidelity’s Ether exchange-traded funds (ETFs). The regulatory body cited the need for sufficient time to evaluate the proposed rule change and address related concerns. The new decision date is set for March 5, 2024. Analyst […]
Crypto analytics firm Santiment says that three of the largest crypto networks by market cap now have more than 80% of their existing supplies in profit. The Total Supply in Profit metric measures what percentage of coins are currently in profit compared to the last time they moved, and sometimes correlates with price trends. According […]
Jim Cramer, the prominent CNBC personality, has issued a severe warning about the Bitcoin price
In a noteworthy development, Cardano ($ADA) has emerged as a frontrunner in terms of the volume of substantial transactions over the last 30 days, outshining Ethereum ($ETH) in this unique aspect. This positive shift comes amid the broader market’s collective effort to break free from the persisting downtrend. According to insights provided by IntoTheBlock, the […]
Virginia Senate introduces Senate Bill SB 339 to protect cryptocurrency rights, allowing freedom and tax exemptions for residents.
The story has not been much different for the price of Bitcoin this week, as the premier cryptocurrency has struggled to capitalize on its recent advancements. According to data from CoinGecko, BTC is down by more than 3% in the past week, putting doubts over the continuation of the bull run. However, the latest on-chain […]
In a recent discussion with CNBC, Grayscale’s CEO, Michael Sonnenshein, shed light on the company’s decision to offer the highest fee among the 11 issuers of spot Bitcoin ETFs in the United States. Amid this 1.5% fee, Grayscale’s newly converted spot Bitcoin ETF has attracted the most substantial trading volumes compared to other issuers. Sonnenshein […]
The challenges associated with physical work and delayed payments, as discussed in the construction and logistics industries articles, might not be as directly applicable to industries with less physical movement. However, the principles of instant settlement and the removal of intermediaries can still bring efficiency and innovation to various sectors. The advantages of instant settlement, […]
A JPMorgan Chase customer says the bank has decided not to rectify or even investigate the theft of $10,000 from a primary checking account. Arizona customer Cate Dutler says she mailed a check to a relative in Chicago that never arrived, reports the CBS-affiliated news station WTOC. Instead, her online account showed the check had […]
A US banking giant has agreed to pay a quarter of a billion dollars for promising confidentiality to clients – and revealing their information to gain a market advantage. The U.S. Securities and Exchange Commission (SEC) says it’s charging Morgan Stanley and its former head of equity syndicate desk, Pawan Passi, with fraud for disclosing […]
Thailand’s Securities and Exchange Commission (SEC) has announced the removal of investment restrictions on retail investors who engage in real estate-based digital tokens. The regulatory update, effective since January 16, comes after a public consultation period and underscores the Thai SEC’s commitment to adapting to the landscape of digital assets. Unleashing Retail Investors into Real […]