According to Crypto trader Mags, Bitcoin, the flagship cryptocurrency, has recently demonstrated a notable +55% surge, breaking out from a smaller broadening wedge pattern. Mags shared insights on this significant price movement, observing Bitcoin’s breakout and suggesting a mid-term target at the “upper trendline resistance of a larger broadening wedge.” This surge notably results from […]

In the ongoing legal conflict between Ripple Labs Inc. and the SEC, both parties have filed new motions that highlight the current phase of the legal process. This development comes after a period of silence following the court’s scheduling order for this stage of the case. The SEC submitted a letter to Magistrate Sarah Netburn, […]

The US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF earlier this week, although in a slightly reluctant fashion. Now, speculations are starting to arise on when the agency will do the same in terms of an exchange-traded fund tracking the performance of the second-largest cryptocurrency. When ETH ETF? 2023 will go down […]

Venezuela discontinues its petro cryptocurrency, launched in 2018, due to a corruption scandal and low adoption.

A widely followed crypto analyst is diving into the top two digital assets by market cap after the historic US approval of spot Bitcoin (BTC) exchange-traded funds (ETFs). Crypto trader Michaël van de Poppe tells his 683,400 followers on the social media platform X that BTC’s next move is to stabilize, allowing Ethereum (ETH) to go on […]

For the second time this week, a message by U.S. Security and Exchange chair Gary Gensler was minted on the Bitcoin blockchain using Ordinals Inscriptions. After Gensler posted a letter on the agency’s website announcing the approval of several spot Bitcoin ETFs, its title—“Statement on the Approval of Spot Bitcoin Exchange-Traded Products”—was minted as Inscription […]

Grayscale Investments has applied for a covered call Bitcoin exchange-traded fund (ETF), amid the approval for its spot Bitcoin ETF among the bunch of 11 applications that were greenlit by the United States Securities and Exchange Commission (SEC) on Jan 10. What precisely do covered call Bitcoin ETFs entail, and do they represent a safer […]

 Aside from ENS, which has stolen the show from Ethereum, ETC has joined the bullish party with an impressive gain in the last 24 hours. This has triggered a huge price explosion near its 17-month high. Following a solid bounce above $20 on the first day of the week, Ethereum Classic initiated a bigger move […]

Justin Sun expecting Bitcoin to reach eight billion people globally after ETF approval

Despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC), the South Korean Financial Services Commission (FSC) has stated that it would not permit the trading of cryptocurrencies on its local financial market. This decision, detailed in a press release yesterday (Thursday), sends a clear message that […]

Litecoin, a cryptocurrency often referred to as the “silver to Bitcoin’s gold,” is gaining traction among analysts who predict its potential to outperform Bitcoin shortly.  Tony “the Bull,” a certified chartist and the Head of Research at NewsBTC, took to X on January 12, laying out a bullish outlook for the 18th most valuable cryptocurrency. Citing […]

Retail trading giant Robinhood has listed the newly approved spot Bitcoin (BTC) exchange-traded funds (ETFs). The 11 greenlit BTC ETFs became available to the company’s customers on Thursday morning in both retirement and brokerage accounts through Robinhood Financial, according to a new press release. Robinhood chief executive Vlad Tenev says the new Bitcoin financial products […]

CoinShares International is purchasing digital asset manager Valkyrie Funds after the U.S. Securities and Exchange Commission (SEC) approved the firm’s US spot market Bitcoin (BTC) exchange-traded fund. In a new press release, European digital investment group CoinShares says it’s venturing into the US by exercising its option to acquire Valkyrie Funds, a move the firm […]

In an interview, Tom Staudt, President and COO of ARK Invest, declared Bitcoin as a “public good” to which all investors should have access. This announcement comes as ARK Invest launches its first Bitcoin exchange-traded fund (ETF), following the U.S. Securities and Exchange Commission’s (SEC) approval of rule changes allowing the creation of Bitcoin ETFs […]

Vanguard, the renowned American investment management firm known for its low-cost mutual funds and ETFs, has stirred dissatisfaction among its clients and the possibility of fund transfers due to its stance against US-listed spot Bitcoin exchange-traded funds. Founded in 1975 by John C. Bogle, Vanguard is one of the world’s largest investment management companies, distinguished […]

The chairman of the Securities and Exchange Commission (SEC) has doubled down on his criticisms of Bitcoin (BTC) despite approving a slew of exchange-traded funds for the asset earlier this week. During an interview with CNBC on Friday, the chairman argued that Bitcoin boasts few use cases aside from illicit activity, and has ironically trended […]

… cryptocurrency Bitcoin plunge into water in this illustration taken May … cryptocurrency. They saw a combined $4.6 billion worth of shares trade …

Bitcoin spot exchange-traded funds (ETFs) recorded 700,000 individual trades in a single day

In a notable statement, BlackRock CEO Larry Fink has expressed a positive perspective on Bitcoin during an interview today with CNBC, affirming that it “is an asset that protects you.”  “I believe it goes up if the world is frightened, if the people have fearful geopolitical risks, they’re fearful of their own risks,” said Fink. […]

Circle confidentially files for IPO in their second attempt after their previous deal was terminated in 2022. The team was previously valued at USD $9B, although that figure has likely changed since due to the ever-shifting market conditions. Circle joins Coinbase, Apex Fintech and Aspen Insurance as some of the crypto-based companies going (or already) […]

Elon Musk aims for human settlement on Mars by 2029 and envisions a self-sustainable Martian community by 2050, potentially using cryptocurrency for transactions. He suggests a Mars-specific adaptation of Bitcoin’s Lightning Network for limited use on Mars due to communication delays. X user Adam Back humorously proposes theoretically using a Dyson Sphere for Bitcoin mining, […]

FTT found support this week after retracing for two weeks. The price bounced back earlier today as it gears up for another leg up. A surge through the last month’s resistance could set the asset for a big rally. In late 2023, when the overall market started to pick up, FTT’s price recovered well and […]

Genesis Global Trading has agreed to a settlement with the New York Department of Financial Services (NYDFS). The company, known for its crypto lending services, will pay a fine of $8 million, relinquish the BitLicense obtained in 2018, and cease all operations in New York. This move followed an investigation by authorities in New York, […]

A notable shift in market sentiment has recently been observed, particularly around the Bitcoin spot Exchange-Traded Funds (ETF) narrative. YouTube analyst Crypto Banter, in a recent analysis, suggests that the initial excitement surrounding Bitcoin spot ETFs is waning, leading to a change in investor behavior. According to Crypto Banter, despite significant trading volumes in spot […]

A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a Solana-based memecoin. The analyst pseudonymously known as Bluntz tells his 236,100 followers on the X social media platform that the dogwifhat (WIF) memecoin could potentially appreciate by approximately 359% from the current level. “If you think this ain’t going to $1 at […]

Crypto firms faced substantial regulatory action, collectively paying nearly $6 billion in fines primarily due to Anti-Money Laundering (AML) violations and deficiencies in customer checks last year. This marks a significant development, as crypto and fintech groups experienced higher fines for inadequate controls than the entire traditional financial system for the first time. Crypto-Related Fines […]

One of the smartest minds in the crypto industry is billionaire Mike Novogratz, the CEO of cryptocurrency investment firm Galaxy Digital Holdings …

Former Terra CEO, and issuer of the stablecoin TerraUSD, Do Kwon, has asked a U.S. court to postpone his Securities and Exchange Commission (SEC). The request comes amid delays in his extradition proceedings from Montenegro. Kwon’s counsel has formally asked the court to delay the trial until his arrival, which is expected to be in […]

In the dizzying world of cryptocurrencies, the BNB Beacon Chain Fusion stands out as an example of dynamism. This significant transition in the BNB Chain network architecture is being carefully managed through a series of clear monthly goals, marking a crucial milestone in the evolution of the blockchain ecosystem. Upcoming changes are coming to the […]

Has BONK reached local peak so far?

Have you ever looked at the stars and noticed how everything in the universe seems connected? Famous inventor and engineer, Nikola Tesla, thought that this connection is all about energy, how often things vibrate, and the way they move. I believe that as well; our perceptions of every aspect of life can be perceived as […]

The US will extract more money from American taxpayers and businesses as the government’s liabilities become too much to handle, according to a new forecast from JPMorgan Chase. Michael Cembalest, Chairman of Market and Investment Strategy for JPM’s Wealth and Asset Management branch, cites data from the Congressional Budget Office (CBO) that suggests all Federal […]