This Week in Coins: Despite ETF Hype, Bitcoin and Ethereum Plunge Hard
cryptonews.com.au

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 […]

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SEC Delays Fidelity's Ether ETFs, Direxion Steps into Bitcoin Arena
www.financemagnates.com

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 […]

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Bitcoin, Ethereum and XRP Sitting at ‘High-Risk’ Profit Levels, Warns Crypto Analytics Firm Santiment
dailyhodl.com

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 […]

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Jim Cramer Issues Major Bitcoin (BTC) Price Warning
u.today

Jim Cramer, the prominent CNBC personality, has issued a severe warning about the Bitcoin price

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Cardano ($ADA) Takes The Lead Over Ethereum ($ETH) With Surge In Big Transactions
nulltx.com

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 […]

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Virginia Senator Introduces <b>Cryptocurrency</b> Rights Bill – The Crypto Times
www.google.com

Virginia Senate introduces Senate Bill SB 339 to protect cryptocurrency rights, allowing freedom and tax exemptions for residents.

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Bitcoin Whale Addresses Hit 15-Month High – A Sign Of Growing Accumulation?
www.newsbtc.com

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 […]

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Here’s Why Grayscale’s Bitcoin ETF Charges the Highest Fees: CEO Sonnenshein
cryptopotato.com

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 […]

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Instant Settlement Series: The Publishing Industry
bitcoinmagazine.com

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, […]

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JPMorgan Chase Doing Nothing After $10,000 Exits Customer’s Account in Sophisticated Scam: Report
dailyhodl.com

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 […]

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US Banking Giant Paying $249,000,000 Fine for Abusing Markets, Reaping Millions From Confidential Information
dailyhodl.com

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 […]

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Thai SEC Unshackles Retail Investors in Real Estate-Based Digital Tokens
www.financemagnates.com

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 […]

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Three Altcoins Shine Against the Odds Amid Crypto Crash
cryptonews.com.au

The crypto market has suffered a downturn, but several top-100 coins are defying gravity. Flare has soared 36%, fuelled by Google Cloud partnership and Binance listing rumours. Siacoin has rediscovered favour with investors as its price jumps 25% over the past week. Blur posts nearly 15% gains as the NFT market finds its footing. If […]

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Legendary Trader Peter Brandt: Bitcoin 'Best Store of Value'
u.today

Peter Brandt proclaims digital gold best store of value

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Value of illicit <b>cryptocurrency</b> transactions dropped 48% to $24 billion in 2023 – The National
www.google.com

The share of cryptocurrency transaction volume associated with illicit activity also fell to 0.34 per cent last year from 0.42 per cent in 2022, the …

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Brace For Crypto Market Waves: FTX And Celsius Are Sending MATIC, ETH, And WBTC To Binance
www.newsbtc.com

The crypto market might be about to experience a further downturn as a recent development suggests an imminent selloff is on the horizon. This comes following the recent market moves by Grayscale, which is believed to be responsible for the recent decline in Bitcoin’s price.  Celsius And FTX Crypto Funds On The Move On-chain data […]

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Whales Seize Opportunity To Accumulate Ethereum ($ETH) And ChainLink ($LINK) During Market Dip
nulltx.com

The recent downturn in the cryptocurrency market, particularly impacting Ethereum (ETH) and ChainLink (LINK), has witnessed both tokens experiencing a dip, with ETH falling below the $2500 mark and LINK slipping below $15. Over the past 24 hours, ETH and LINK have seen losses of 3% and 4%, respectively. Interestingly, amid this market dip, whales […]

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Bitcoin Is ‘Just Months Away’ From a New All-Time High, According to This Indicator, Says Analyst Kevin Svenson
dailyhodl.com

Cryptocurrency analyst and trader Kevin Svenson is forecasting the potential path forward for Bitcoin (BTC) over the coming weeks and months. Svenson tells his 71,300 YouTube subscribers that the S&P 500, an index tracking the stock performance of the largest 500 listed companies in the US, has previously served as a leading indicator for Bitcoin […]

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SEC Delays Decision about Spot Ethereum ETF: When Will They Get the Green Light?
crypto-economy.com

The launch of Fidelity’s highly anticipated Ethereum ETF experienced a delay as the United States Securities and Exchange Commission (SEC) granted an extension, pushing the final decision date to March 5, 2024. According to the official statement, the SEC justified this postponement by deeming it necessary to have an additional period to assess the ETF […]

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Manta Network Faces Allegations of Money Laundering Following Bithumb Listing
cryptopotato.com

Manta Network (MANTA), a blockchain project aiming to expand its reach in the Asian market, has found itself entangled in a controversy surrounding allegations of money laundering following its recent listing on the South Korean exchange Bithumb. The controversy emerged when DeFi enthusiast Definalist took to Twitter, suggesting potential misconduct by Manta Network on the […]

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Crypto and Web3 Outlook 2024: Innovations in User Experience Driving Adoption
www.financemagnates.com

The trend that will shape the crypto and Web 3 space in 2024 is the role of AI as a game maker, which is the concept of using AI to generate, design, and develop games. It can provide various advantages for game-making, such as speed, scale, and diversity. In this second part of my predictions […]

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Ethereum Spot ETF Hangs in the Balance with SEC Decision Postponed
cryptonews.com.au

SEC delays decision on approving Fidelity’s Ethereum spot ETF until March 5th, disappointing crypto enthusiasts. SEC cites the need for more time to review the application and potential rules. Analysts remain optimistic, noting implicit recognition of Ethereum as a commodity through futures ETFs. Many in the crypto community assumed – or perhaps, hoped – that […]

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CNA Weekly Roundup 19.01.24
cryptonews.com.au

Bitcoins ETF Volume Surges to New Heights  Bitcoin ETF makes a splash with whopping eight-figure trading volumes in just three days! Hold onto your hats, the latest Bitcoin ETFs have taken the market by storm, clocking in a jaw-dropping US $10 billion (AUD $15 billion) in volume in the first three days of trading since […]

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Ark's Cathie Wood Touts Bitcoin (BTC) as World's Most Secure Asset: Details
u.today

Cathie Wood just presented Bitcoin’s super security features as hashrate hits new highs

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Supreme Court Seeks Union's Stand Regarding <b>Cryptocurrency</b> – LiveLaw
www.google.com

… cryptocurrency fraud. It may be noted that the FIR was registered in … Now, in the instant order, the Court has granted four weeks' time to the Union …

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Chainlink Gets Whale Backing: LINK Price Up 14% Amid Market Dip
www.newsbtc.com

In the midst of the recent turbulence within the cryptocurrency market, Chainlink (LINK) has emerged as a notable outlier, demonstrating resilience against the sweeping downturn that has left major altcoins crumbling. Surprisingly, LINK has steadfastly clung to the $16 mark, showcasing a 14% rally in the last seven days and defying the prevailing market trends. […]

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Cardano Could Explode by Over 1,300% if History Repeats Itself, According to Trader – But There’s a Catch
dailyhodl.com

Cryptocurrency analyst and trader Ali Martinez is saying that Cardano (ADA) is on the cusp of potentially enjoying an explosive run from its current level. Martinez tells his 41,000 followers on the social media platform X that Cardano is currently in a consolidation phase on the three-day chart. The crypto analyst and trader says that […]

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Stablecoin Market Experiences Remarkable Growth With Tether’s Aggressive Bitcoin Purchases
nulltx.com

The aggregate stablecoin supply has witnessed significant expansion since October 2023, experiencing a notable monthly increase of $4.17 billion in December—an unprecedented surge not seen since March 2022. This surge has propelled the current market capitalization of all stablecoins to an impressive $128 billion. Since Oct 2023, the Aggregate Stablecoin Supply has been experiencing an […]

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South Korea's President Challenges the FSC's Warning on Bitcoin ETFs
www.financemagnates.com

The Office of the President of the Republic of Korea is challenging the Financial Services Commission’s (FSC) stance against spot Bitcoin exchange-traded funds (ETFs). This step arrived about a week after the FSC cautioned against trading US-based spot Bitcoin ETFs following the approval of the funds by the Securities and Exchange Commission (SEC). According to […]

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Trump’s Bold Move in NFTs: Unlocking Exclusive Bitcoin Ordinals for Big Collectors
crypto-economy.com

Former President Donald Trump has made a bold move into the world of Non-Fungible Tokens (NFTs), offering exclusive Bitcoin Ordinals as rewards to big collectors. This move has sent ripples through the cryptocurrency community, with many speculating on the potential impact of this strategy. TRUMP DIGITAL TRADING CARDS on BITCOIN ORDINALS The FIRST EVER Trump […]

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Injective (INJ) Introduces Revolutionary Feature to make transactions “the lowest in all of crypto”
crypto-economy.com

Injective Labs, the team behind the Injective altcoin token (INJ), has announced a revolutionary milestone with the launch of the gas compression feature. This technical innovation aims to transform transaction costs on the Injective platform, positioning it as a leader in the cryptocurrency industry. 1/ Injective today is introducing one of the largest technical breakthroughs […]

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Bithumb Bitcoin Trading Skyrockets to Nearly $3 Billion in January, Leaving Upbit in the Shadows
cryptopotato.com

In the last month, there has been a notable increase in crypto trading in South Korea. Kaiko’s latest analysis reveals a substantial surge in Bithumb’s Bitcoin volume, even though zero-fee trading was introduced several months ago. The trading volume of the flagship crypto asset on the platform appears to be approaching a whopping $3 billion. […]

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