Ethereum rejected a key resistance earlier today but the price is still up 3% following a steady increase since the start of this week. However, it looks bullish but the price remained trapped in a tight range. This month started a bit rough for Ethereum following a sudden collapse that hit the market last week. It […]
Get ready, brace yourself. Reading this might enrage and confound you, it might confuse you, you might even get mad enough to punch your screen (don’t do that.) Consider this a trigger warning. Bitcoin is a database. Period. That is what it is. The blockchain is a database for storing past updates to be able […]
Bitwise Asset Management, the largest crypto index fund manager in America, announced today that the Bitwise Bitcoin ETF (BITB), the firm’s first spot bitcoin ETF, intends to begin trading today, January 11th. BITB will join Bitwise’s comprehensive suite of 18 crypto investment products, which currently includes five other crypto ETFs. “We expect significant demand for […]
Polkadot (DOT) is gaining pace above the $7.50 resistance against the US Dollar. The price is up nearly 15% and might rise further toward $10.00. DOT is showing heavy bullish signs from the $6.65 support against the US Dollar. The price is trading above the $8.00 zone and the 100 simple moving average (4 hours). […]
Peter Brandt has joined fake Bitcoin ETF hype train
WisdomTree has launched its spot Bitcoin exchange-traded fund (ETF) in the US. Dubbed WisdomTree Bitcoin Fund (BTCW), this fund has debuted on the Cboe BZX Exchange, providing investors in the US with an avenue to gain exposure to the price of Bitcoin. BTCW offers a zero expense ratio for the first $1.0 billion worth of […]
A wealthy investor who made millions trading Bonk (BONK) is suddenly bullish again on the Dogecoin (DOGE) rival, according to on-chain data. Blockchain tracking firm Lookonchain reports that a profitable BONK trader just purchased more than three billion BONK. “This smart trader who made ~$6.9 million on BONK spent 386 SOL ($40,000) to buy 3.29 […]
The U.S. Securities and Exchange Commission has approved several spot Bitcoin ETFs in a historic move that creates a monetary pipeline between Wall Street and the king of cryptocurrency. The announcement comes amid a volatile day for BTC, which is trading at $45,937 at time of publishing, down 0.9% in the last 24 hours. The SEC’s […]
Hedera and Algorand have joined forces to establish the DeRec Alliance, introducing an innovative protocol aimed at boosting the recovery and adoption of cryptocurrencies and other digital assets. This collaboration brings together various actors from the Hedera and Algorand ecosystems, including the HBAR Foundation, the Algorand Foundation, the Hashgraph Association, Swirlds Labs, the DLT Science […]
The ProShares Bitcoin Strategy ETF (BITO) has witnessed a significant surge in its assets under management, approaching the $2 billion mark on January 8th, thereby registering an all-time high. On the same day, the trading volume of the fund crossed $800 million. Launched in October 2021, BITO made history as the first-ever Bitcoin futures exchange-traded […]
Washington, D.C. — Cryptocurrency advocates claim that cryptocurrency is unique and not subject to laws, including tax laws, that apply to other …
After being inspired by a podcast with Preston Pysh and Will Casarin in January of 2023 I experienced my first interaction with ‘the nostr’ using a rather clunky interface. Since that time, nostr has gradually become more user friendly and an increasingly meaningful part of my life. I have now deleted all other social media […]
The crypto space witnessed a historic moment yesterday with the approval of 11 spot Bitcoin Exchange-Traded Funds (ETFs), a development that’s been eagerly anticipated since the Winklevoss twins filed for the first proposed Bitcoin ETF back on July 1, 2013. This pivotal event coincides with the 15th anniversary of Hal Finney’s tweet “Running Bitcoin,” marking […]
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. Solana (SOL)’s on-chart data showcases a number of technical indicators (TA). The crypto is witnessing a […]
The co-founder of Solana game MixMob, Pavel Bains, says that most of the funding for Web3 and NFT games is granted for the wrong reasons. He said the key to a successful game is a pool of developers with experience in multiple industries to improve on the likes of Axie Infinity. Bains said that the […]
During a recent market downturn, Ethereum whales capitalized on the opportunity, amassing an impressive $1 billion in holdings. Cryptocurrency analyst Ali’s data for December revealed a consistent upward trend, showcasing an increase of over 410,000 ETH in holdings by Ethereum whales. In the past month, #Ethereum whales bought over 410,000 $ETH, worth nearly $1 billion! […]
XRP price remains stagnant, but hopes of rebound are tied to spot Bitcoin ETF
The Securities and Exchange Commission (SEC) encountered a significant stir after its Twitter account appeared to announce approval for spot Bitcoin exchange-traded funds (ETFs). However, contrary to the tweet’s assertion, the SEC’s Chair, Gary Gensler, confirmed that none of the applications for spot Bitcoin ETFs had received approval as of Tuesday afternoon. The regulator’s official […]
New data reveals that prominent centralized exchange (CEX) platforms, including Crypto.com and Bybit, saw their trading volumes surge in December. According to blockchain reporter Colin Wu, in December, the overall spot trading volume of centralized crypto exchanges rose 27.4% month-on-month despite some of them seeing notable dips. “In December, the spot trading volume of major […]
A closely followed crypto trader thinks that one Ethereum (ETH) challenger may be on the cusp of a breakout rally. Crypto trader Ali Martinez tells his 40,000 followers on the social media platform X that Solana (SOL) is forming a bullish continuation pattern on the hourly chart. The analyst shares a chart that suggests SOL […]
[PRESS RELEASE – Singapore, Singapore, January 11th, 2024] As the blockchain industry emerges from a prolonged bear market, BitsLab, a leading name in blockchain security auditing, is making significant strides. Focusing on emerging Web3 ecosystems, BitsLab is redefining its approach to blockchain security auditing through its subsidiaries MoveBit and ScaleBit. MoveBit, originally a collaboration of […]
After the hype around blockchain technology and cryptocurrency in Web3 … cryptocurrency-related fraud dropping. The industry lost $1.8 billion …
The year 2023 marked a significant milestone in the world of cryptocurrency payments, with CoinGate, a leading payment intermediary in the industry, reporting a record-breaking year. CoinGate processed over 1.29 million crypto payments in 2023, equivalent to one payment every 24 seconds. The data indicates that the total number of crypto payments reached 1,294,058, marking […]
The Chicago Board Options Exchange (CBOE) has declared on their website that VanEck, Fidelity, and ARK 21Shares Spot Bitcoin Exchange-Traded Funds (ETFs) will officially commence trading starting tomorrow, pending regulatory approval and effectiveness. The CBOE’s announcement signifies a major milestone in the quest for regulated and direct exposure to Bitcoin through ETFs, allowing both institutional and […]
Ethereum (ETH) continued its upward trajectory Wednesday, clocking a 10% gain in 24 hours to breach past the vaunted $2,600 mark. Market watchers attribute this surge to a confluence of factors, primarily fueled by anticipation of a forthcoming Ethereum exchange-traded fund (ETF) in the wake of the expected approval for a Bitcoin ETF in the […]
The founder and CEO of SkyBridge Capital Anthony Scaramucci believes that the total market capitalization of Bitcoin (BTC) could rise more than 13-fold from the current level. Scaramucci says in a new CNBC interview that BTC’s total market cap stands to potentially equal that of Bitcoin with the entry of mainstream investors following the potential […]
Ripple’s Chief Legal Officer Stuart Alderoty gives SEC four-day deadline for clarifying fake Bitcoin ETF approval
India has ramped up its regulatory measures against offshore cryptocurrency exchanges, directing Apple to remove apps from crypto exchanges such as Binance from its App Store within the country. According to a report by Bloomberg, this recent escalation follows a notice from the Financial Intelligence Unit (FIU) targeting nine platforms suspected of regulatory misconduct in […]
Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions. BONK took the crypto world by storm in late 2023 with exceptional single-day gains of over […]
X (Twitter) has officially discontinued supporting non-fungible tokens (NFTs) as profile pictures for its paid subscribers. This decision signifies a notable shift in the platform’s direction. It also has ambitious plans for 2024, including peer-to-peer payments and enhanced AI-powered tools. X (Twitter) No Longer Supports NFTs The feature allowed Twitter Blue subscribers to showcase their […]
The U.S. Securities and Exchange Commission (SEC) is under investigation for suspected market manipulation after a misleading announcement regarding the approval of Bitcoin Spot ETFs. Reports initially suggested the SEC’s endorsement of certain Bitcoin ETF funds, causing Bitcoin’s price to surge above $47,000 before stabilizing around $45,000. BREAKING: Securities lawyers tell @FoxBusiness the @SECGov will […]
Hester Peirce, also known as ‘crypto mom,’ didn’t mince her words in a statement responding to the approval of spot Bitcoin exchange-traded products by her agency after a decade of rejecting them. “Today marks the end of an unnecessary, but consequential, saga,” she said on Jan. 10. The saga likely would have spanned well beyond […]