The U.S. Bitcoin spot ETFs witnessed a staggering total trading volume of almost $10 billion within a span of three days, according to insights from Bloomberg analyst James Seyffart. Grayscale GBTC led the charts with a three-day trading volume of $5.174 billion, followed by BlackRock’s IBIT at $1.997 billion and FBTC at $1.479 billion, resulting […]
Nukkleus Inc. has announced the signing of a Memorandum of Understanding (MOU) yesterday (Tuesday), outlining plans for a significant increase in its holdings in Jacobi Asset Management. The collaboration with Jacobi, recognized as the sponsor of Europe’s exclusive regulated and approved Bitcoin spot ETF traded on Euronext, reflects Nukkleus’ participation in innovative financial markets. Nukkleus […]
The first round of oral arguments between Coinbase and U.S. regulators during their major legal war has come to a close. The result? No immediate rulings – but the judge overseeing the case found herself impressed with Coinbase’s understanding of the issues and technologies at hand. Coinbase VS SEC on Staking Judge Katherine Polk Failla […]
DOGE (Dogecoin), the cryptocurrency propelled by internet memes, is gaining attention on Elon Musk’s X (formerly Twitter), as evidenced by a survey conducted by a leading Doge account. The community’s interest in integrating Dogecoin (DOGE) into the platform for payments and tips is apparent, reflecting a desire to move away from traditional fiat currencies. Related […]
Arthur Hayes outlines trading opportunities and long-term trend after Bitcoin ETF approvals
So, you will be asked to connect this fake account to a crypto wallet. Since you are on a malicious phishing page, it drains the cryptocurrency from …
A widely followed crypto strategist warns that a Solana (SOL) competitor that’s up more than 3x in the last 30 days is flashing signals that it may have printed a short-term top. The pseudonymous analyst known as Altcoin Sherpa tells his 205,700 followers on the social media platform X that while layer-1 blockchain Sei (SEI) […]
In the last week, the launch of the BTC Spot ETF has created a significant impact on the crypto market, with total trading volumes in the 11 ETFs reaching $9.8 billion, and now ETH is in investors sights. Surprisingly, GBTC alone accounted for $4.6 billion in these volumes, according to the recent report published by […]
Gemini has secured approval from the French regulator to launch its services in France. This significant development opens a new chapter for Gemini, allowing it to extend its offerings to retail and institutional clients in the European market. Gillian Lynch, the Head of EU at Gemini, emphasized the importance of this regulatory approval in the […]
Report encourages holders of Cardano’s native token—ADA—to sell their bags, citing lack of outside usage of the network, no major stablecoins. Report authors conclude Cardano is a dying chain with no hope of wider adoption. Muted response from Cardano founder, Charles Hoskinson, fails to satisfy the community. SELL! SELL! SELL! That’s the message to ADA […]
CoinGecko, a major cryptocurrency data aggregator, has removed over 24,000 ‘dead’ cryptos from its platform. This highlights the fact that over 50% of all crypto have failed, with the highest number of 5,724 perishing in 2021 alone. CoinGecko deactivates cryptos based on criteria like lack of trading activity for over 30 days, fraudulent activities such […]
While Bitcoin’s price has been in a consolidation phase post ETF adoption, Ethereum is witnessing significant gains. Currently trading at $2,571, Ethereum’s market valuation has reached $308.97 billion, marking a 1.53% increase. According to Santiment data, Ethereum’s price dominance against Bitcoin has surged by +22.4% in the past week. This period has seen the creation […]
Core Scientific, a provider of blockchain computing data centers and software solutions, announced that the United States Bankruptcy Court for the Southern District of Texas has confirmed the Chapter 11 plan of reorganization. With the Bankruptcy Court’s approval, Core Scientific is now set to emerge and re-list on the Nasdaq by the end of January […]
Grayscale, an American digital asset management company, has witnessed a staggering amount of outflows in its Spot Bitcoin ETF, Grayscale Bitcoin Trust (GBTC). Analysts speculate that the outflows may be linked to several factors, including high trading fees and accounting irregularities. Grayscale Experiences Massive Outflows After successfully securing approval for its Spot Bitcoin ETF against […]
Veteran trader Tone Vays is issuing a warning that Bitcoin (BTC) could soon undergo a much bigger market correction. In a new video update, the seasoned analyst tells his 123,000 YouTube subscribers that Bitcoin could dip into the mid-$30,000 range if it fails to reclaim a key level. “All signs are pointing to a much, […]
Bitcoin (BTC) user pays eye-watering transaction fee, which is almost 30,000x higher than ordinary commission
Hagerty, Lummis Introduce Cryptocurrency Legislation to Foster Public-Private Coordination on Combatting Illicit Finance. January 17, 2024.
In the dynamic world of digital currencies, David Schwartz, Ripple’s CTO, recently addressed the crypto community’s concerns about the absence of the genesis block on the XRP Ledger (XRPL). This discussion was prompted by questions from the community, especially a member named MetaMan, who was doubtful about the XRPL’s unusual beginning at block 32,569. The […]
In a surprising move, asset management firm VanEck announced that it plans to close and liquidate its VanEck Bitcoin Strategy ETF (XBTF), just two years after its launch on the CBOE in November 2021. On January 16, 2024, the Board of Trustees of VanEck ETF Trust officially approved the liquidation and dissolution of the fund, […]
Digital assets infrastructure provider, Aquanow, and cryptocurrency exchange, Gate.io, have announced a strategic partnership aimed at enhancing global liquidity for the next generation of blockchain projects. With Gate.io boasting over $6 billion in daily trading volume and a user base of 13 million, the collaboration signals a notable move towards modernizing financial services through crypto […]
After a month of quiet paws, Shibarium, the Layer-2 solution for the popular meme coin Shiba Inu, has roared back to life with a staggering 200% increase in daily transactions over the past two days. This surge marks a dramatic turnaround from its recent lull, reigniting optimism among the SHIB army and sending the platform’s […]
A closely followed crypto strategist thinks that one Ethereum (ETH)-based altcoin is about to soar against Bitcoin (BTC). Pseudonymous analyst The Crypto Dog tells his 750,500 followers on the social media platform X that the decentralized exchange protocol Injective (INJ) is looking bullish on the INJ/BTC trading pair chart. “Incredibly bullish structure.” Source: The Crypto […]
Despite high expectations, the approval of the Spot Bitcoin ETFs in the US led to an underwhelming Bitcoin price reaction, with a 6% decline over seven days following the SEC’s decision. The trading volume of the newly approved ETFs starkly contrasts with its subdued price performance, outpacing the combined volume of 500 ETFs launched in […]
Over the past 24 hours, both $LDO and $AAVE have experienced notable declines in their respective values, shedding 15% and 3%. The primary catalyst for these downturns appears to be substantial token sales by prominent holders, commonly known as whales. Insights from on-chain analytics platform Spotonchain unveiled a recent sizable sale by Stani Kulechov, the […]
[PRESS RELEASE – London, United Kingdom, January 17th, 2024] Kabuni’s Steamboat Willie-inspired non-fungible tokens (NFTs) go beyond digital assets, they are integral to Kabuni’s mission of unlocking human potential through technology and driving positive change. Holders of these NFTs gain an exclusive path to the chance of earning Kabuni COIN (KBC), embodying the spirit of innovation, […]
Shiba Inu’s lead developer, Shytoshi Kusama, proposes a revolutionary shake-up in the crypto world with SHIB Name Tokens
Cybernetics, a cryptocurrency recovery services provider, has announced an efficient solution for individuals facing the challenge of lost …
King Ferdinand of Spain, sponsor of Christopher Columbus, had only one command for the conquistadors: “Get Gold! Humanely, if possible, but at all hazards!” 500 years later this sentiment still seems to be the same, with the addition of new hazards. Gold bugs and Bitcoin advocates share the common belief that the fiat currency system […]
Circle chief executive Jeremy Allaire thinks additional regulatory clarity will pave the way for increased stablecoin adoption in 2024. In a new interview with CNBC International TV, Allaire predicts that the recent approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US will act as “the tide that lifts all boats” in the crypto […]
January 17th will be a crucial day for Coinbase, the renowned cryptocurrency exchange platform, and the United States Securities and Exchange Commission (SEC). On this date, both parties will appear before a court in New York for a hearing that will determine the course of the case that the SEC filed against Coinbase on June […]
Bitcoin Spot Exchange-Traded Funds (ETFs) have once again garnered the attention of crypto enthusiasts and investors as the products have witnessed a whopping $10 billion in total trading volume in the first three days of trading. Bitcoin Spot ETF Sees Significant Uptick In Day 3 Trading The development was revealed by Bloomberg Intelligence analyst James […]