Grayscale has submitted an updated filing for its forthcoming spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC) on November 22. The filing is an amendment, a type often utilized by firms that have met reporting requirements. Grayscale Submits Amended Filing Grayscale’s ETF proposal involves converting an existing investment vehicle. Recent […]
Comparisons between the market capitalization of Bitcoin and publicly traded companies used to make me wince in frustration. Trying to contrast the world’s first successful digitally native currency to a single industry is narrow minded, let alone a single company. However, as I continuously surrender to the process of meeting people where they are on […]
The CEO of the largest US-based crypto exchange, Brian Armstrong, says that Binance CEO Changpeng Zhao (CZ) and his company’s admission of guilt on federal charges is a significant development for the digital asset industry. On Tuesday, Binance agreed to pay over $4 billion in a settlement after pleading guilty to engaging in money laundering, […]
“I made a lot of money,” said Cramer who cleared a profit on Bitcoin despite urging investors to sell the cryptocurrency.
The crypto market has become part of the global financial landscape, with investors looking to purchase digital assets on different exchanges. However, for investors who value their privacy, buying crypto without completing a form of identity verification process can be challenging, especially with global regulators tightening their oversight of the industry. While the nascent sector […]
Cryptocurrency schemes cost consumers $3.8 billion last year, twice as much as in 2021 according to the Federal Trade Commission. Nelson said he …
According to a report by Business Insider, Sam Bankman-Fried (SBF), co-founder and former CEO of FTX, has adapted to the economic system of New York’s Metropolitan Detention Center (MDC), where he is currently awaiting sentencing on multiple felony counts. The disgraced crypto-billionaire has reportedly been bartering, using food as currency in exchange for various services […]
Decentralized finance (DeFi) platform KyberSwap has been hacked to the tune of tens of millions of dollars worth of virtual currencies, causing its native asset to dip. Data from blockchain tracker Lookonchain reveals that $46.5 million worth of digital assets were stolen from KyberSwap, including $20.78 million worth of Wrapped Ethereum (wETH), $9.53 million worth […]
The Grayscale Bitcoin Trust (GBTC), the world’s largest Bitcoin fund, has achieved a record year-to-date (YTD) high, outperforming Bitcoin itself. The Trust has seen its assets under management (AUM) surge from $1.9 billion to $4.7 billion. This significant growth is a testament to the increasing interest and confidence in cryptocurrency investment vehicles. GBTC hit a […]
The competitive world of cryptocurrencies has seen a dizzying rise of SUI, the native token of the layer 1 blockchain network. In an exciting development, SUI has surpassed its APT counterpart in terms of trading volume, reaching a remarkable $99,113,468 in the last 24 hours, while APT recorded $97,493,984 in the same period. $SUI Layer […]
Shibarium’s 231% transaction boom echoes Shiba Inu’s (SHIB) explosive price momentum
The crypto-fiat payment services provider Alchemy Pay is expanding its presence in the U.S. as it acquired its money services license in the state of Iowa.
The Optimism (OP) price has increased since breaking out from a 260-day descending resistance trend line in October. The upward movement took OP to a key horizontal resistance area. Will the price break out? Optimism Gradually Approaches $2 The OP price had decreased under a descending resistance trend line since its all-time high price of […]
Blur’s new Layer 2 scaling network, Blast, has got off to an incredibly strong start just three days after launch. According to Spot on Chain, Blast has already exceeded $250 million in total value locked (TVL). This TVL comes from two primary sources – over 100,000 ETH worth $221 million staked with Lido, and 30.6 […]
A proposed regulatory framework to govern cryptocurrency may not be enough, with many digital assets markets based offshore.
After an impressive run along with the rest of the crypto market, Polygon’s native token – MATIC – lost approximately 15% of its value over the past week dragging its price to $0.77. Experts suggest that this level is far below the crucial support zone. If the price continues to stay below this range, there […]
XRP price started a downside correction and tested $0.572. The price is now rising and might gain bullish momentum if it clears $0.642. XRP started a downside correction below $0.650 and $0.620. The price is now trading below $0.640 and the 100 simple moving average (4 hours). There was a break above a major bearish […]
As December approaches, XRP investors may be hopeful for 82% increase, but cautious reflection on its historical performance reveals more nuanced story
The US federal prosecutors are seeking the court’s permission to stop Changpeng Zhao, the Founder and former CEO of Binance, from leaving the country, citing an “unacceptable risk of flight.” Zhao Pleads Guilty to a Criminal Charge Zhao pled guilty on Tuesday in US federal court for violating the Bank Secrecy Act with his crypto […]
The election of new Argentine President Javier Milei has given many in the local Bitcoin community cause for hope.
The guilty plea of crypto titan Changpeng Zhao (CZ) and the money laundering accusations against Binance have heralded a new era for crypto, argues Coinbase CEO Brian Armstrong. But it also leaves developers in Web3 facing some uncomfortable prospects, but the tokenization of assets and collectibles still holds promise. Binance’s revealed its new Web3 wallet […]
A luckless Bitcoin sender seemingly made a costly mistake, paying a record-breaking $3 million in transaction fees for a single transaction. Blockchain data shows that the Bitcoin sender intended to send 139.42 BTC (worth around $5.1 million), of which 83.64 BTC was gobbled up in transaction fees, leaving the recipient with just 55.77 BTC (around […]
As the debate intensifies, the cryptocurrency community and policymakers must grapple with fundamental questions about the future of digital …
In the midst of recent market fluctuations, Cardano (ADA) has attracted significant attention from both investors and analysts alike. The cryptocurrency had a drop in value over the weekend, but it still managed to record strong gains—it has increased by about 50% in the last month. This noteworthy performance has fueled heightened interest and speculation […]
TL;DR Bitcoin (BTC) has seen a significant increase of over 120% since the start of the year, with Jim Cramer, host of CNBC’s “Mad Money,” recently suggesting that those interested in Bitcoin should consider buying more. Cramer’s past advice on Bitcoin has been inconsistent; in December 2022, he recommended selling crypto positions, calling them “awful,” […]
FTX Token jumps 42% in response to Binance news, but will it last?
The Enforcement Committee of Frech financial market regulator, the Autorité des Marchés Financiers (AMF), has issued a cautionary statement urging investors to exercise vigilance on a fraudulent automated trading service offered by Immediate Connect. The service has been aggressively promoted on the internet and social networks through deceptive advertisements and fake articles impersonating celebrities and […]
A Mempool developer suggested that the user behind the transfer might not be aware of the non-cancellation of replacement fees policy, resulting in an accidental $3.1 million transaction fee.
Ripple’s chief legal counsel is calling out what he says are childish antics from the U.S. Securities and Exchange Commission (SEC) as regulators continue to target crypto assets. In a new thread on the social media platform X, attorney Stuart Alderoty says Binance’s recent regulatory woes are a “necessary step” to bring the digital assets […]
Crypto analytics platform Santiment says the token of an under-the-radar Ethereum (ETH) scaling solution has more upside potential even after recording triple-digit gains over the past couple of weeks. Santiment says that the Ethereum sidechain Skale Network (SKL) has more than tripled its market cap since mid-August amid an increase in the number of addresses. According […]
After nearly a decade of waiting, creditors of the defunct cryptocurrency exchange Mt. Gox are set to finally receive cash repayments in 2023. The Tokyo-based exchange, which handled over 70% of all Bitcoin transactions at its peak, was forced to file for bankruptcy in 2014 following a major hacking incident. The rehabilitation trustee, Nobuaki Kobayashi, […]
… battle over $689 million, as the fallout from mass customer withdrawals and bankruptcy unfolds in the volatile world of cryptocurrency.