In a remarkable turn of events, bears traders have reportedly liquidated short positions worth nearly $150 million. This massive liquidation comes in anticipation of the approval of a Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). The crypto market has been buzzing with anticipation as the SEC nears its decision to […]

… cryptocurrency. The Securities and Exchange Commission (SEC) later deleted the post and said its account had been "compromised". The social media …

Crypto analyst Benjamin Cowen believes that Ethereum (ETH) is about to collapse against Bitcoin (BTC). In a new strategy session, Cowen tells his 789,000 YouTube subscribers that the ETH/BTC ratio is likely repeating a historical pattern and might soon lose a key support level. “I’m not saying it can’t ever bounce, and if it does […]

Former U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton is bullish on the prospects of a spot Bitcoin (BTC) exchange-traded fund getting approved. Clayton says in a CNBC interview that the greenlighting of a spot Bitcoin ETF by the SEC is “inevitable”. “I think there’s nothing left to decide… I credit the SEC for […]

In a historic move that sets a precedent for decentralized autonomous organizations (DAOs), 1inch DAO, the entity behind the 1inch Network, has voted to secure “legal advisory services” from STORM Partners. Notably, this decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors. 1inch DAO Votes To Onboard STORM Partners For […]

ASIC plans to intensify enforcement in 2024 across sectors like crypto, financial services, and AI, targeting exploitative practices and potentially inspiring new regulations. The watchdog faces criticism for failing to alert the public about HyperVerse’s risks, a scheme exposed by The Guardian as a Ponzi operation with a fictitious CEO. This and recent ETF fake […]

The crypto industry remains poised in anticipation of the approval of the first spot Bitcoin exchange-traded fund (ETF) in the United States. The fake news following an SEC social media account hack caused a BTC price pump and dump and a torrent of speculation. On January 9, the X account for the US Securities and […]

Crypto bulls are betting on Web3 as the internet evolves into its next stage. Immutable (IMX) and Elrond (EGLD) are a few coins that are preparing to become major players in the Web3 space. However, a new project, Pullix, has entered its 6th presale stage and is gearing up to take market share in the […]

How long is rise of Solana (SOL) going to last?

The fake announcement of the approval of the Bitcoin exchange-traded fund (ETF) resulted in the liquidation of nearly $90 million worth of Bitcoin long and short positions in less than an hour yesterday (Thursday). Opportunistic Traders Paid a Heavy Price According to Coinglass data, opportunistic traders opened over 500 million in futures positions within ten […]

Several firms have recently reduced their proposed fees, as revealed in the latest versions of their S-1 forms submitted to the U.S. Securities and Exchange Commission. This is in response to the ongoing industry competition, amplified by the anticipation surrounding the U.S. Securities and Exchange Commission’s (SEC) decision on spot Bitcoin ETFs. Spot Bitcoin ETF […]

January 9, 2024 – Granite City, United States In the fast-paced world of digital marketing, the integration of NFTs marks a significant turning point. Leading this innovative wave is Payvertise with its PVT token, ushering in a new era where transparency and engagement are not just goals – but realities. This movement isn’t just about […]

Crypto advocacy group Blockchain Association has responded to a letter from Elizabeth Warren that the Senator wrote to the group in December, alleging that the digital assets industry was trying to undermine the government by recruiting former US lawmakers and officials. In December, Warren referred to a Politico report that claimed that the Blockchain Association […]

Cryptocurrency enthusiasts are on tenterhooks as the SEC is expected to decide later this week whether to approve spot bitcoin ETFs, in what would be …

In a significant turn of events, according to The Block, Akash Khosla, a co-founder who parted ways with Evmos, has reached an agreement to return 59.4 million tokens, equivalent to $7.6 million, to the Evmos Foundation, a blockchain within the Cosmos ecosystem. This action aims to realign the token distribution, focusing on Evmos’ current team […]

The Grayscale Bitcoin Trust (GBTC), recognized as the largest Bitcoin fund globally, has seen a significant decline, reaching its lowest level since April 2021. On Monday, this discount stood at a low of 5.6%, a level not seen since June 2021. Since February 2021, the fund has traded at a discount, peaking near 50% in […]

Bitcoin price jumped toward $48,000 after the hacked SEC account tweet. BTC trimmed all gains, but the uptrend support is still intact near $45,200. Bitcoin spiked toward the $47,800 and $48,000 resistance levels. The price is trading above $45,500 and the 100 hourly Simple moving average. There is a major contracting triangle forming with resistance […]

Find out what happened in the world of crypto over the weekend with U.Today’s news digest

BlackRock and Ark Investment Management’s recent move to slash fees for their planned spot bitcoin exchange-traded funds (ETFs). BlackRock’s iShares Bitcoin Trust has lowered its fee from 0.30% to 0.25%, while Ark 21Shares Bitcoin ETF reduced its fee to 0.21% from the initial 0.25%. BlackRock and Ark submitted the revised filings to the regulator shortly […]

Top US crypto exchange Coinbase is in the process of launching digital asset derivative products in “select countries” in the European Union (EU). The exchange notes in a recent announcement that it’s acquiring a European Union Markets in Financial Instruments Directive (MiFID) licensed entity based in Cyprus. Coinbase says the entity would expand its derivative […]

A widely followed crypto analyst is saying that one Ethereum-based (ETH) altcoin is dangerously close to flipping bearish. Pseudonymous crypto strategist Rekt Capital tells his 385,900 followers on the social media platform X that decentralized oracle provider Chainlink (LINK) has to hold a key support level of around $13.57 to remain in an uptrend. “Chainlink […]

Artificial intelligence (AI) cryptocurrency tokens are emerging as a clear favorite for investors in recent times, according to cryptocurrency exchange Binance. “Interest in artificial intelligence (“AI”) has experienced an upswing in the last few months, as evident by Google search trends and soaring AI-related token prices,” the report stated. AI Crypto Tokens Driven by Online […]

In a bizarre twist of irony, America’s largest crypto exchange, Coinbase, has offered to help the Securities and Exchange Commission (SEC) with cybersecurity. Additionally, the proposition follows a hack of the regulator’s social media account and a fake post announcing spot Bitcoin ETF approvals. Attackers compromised the SEC’s official X account on January 9, enabling […]

Aptos (APT) saw a massive 39% surge in value during the past month. This suggests that bulls are active and can push the price to new swing heights. The recent rally of Aptos looks powerful and can result in further price increases.  In the meantime, Meme Moguls (MGLS) also experienced a massive jump, especially after […]

Over $218 million in crypto trades have been liquidated in the past 24 hours after a fake government announcement claiming that Bitcoin spot ETFs have already been approved in the U.S. According to Coinglass, over $56 million in Bitcoin trades have been liquidated in the past hour alone. Over 72,000 traders were affected, with the […]

NFT trading volumes soar as cryptocurrency market rebounds The market for Non-Fungible Tokens NFTs is showing signs of revival after a cooling-off …

Ethereum price climbed higher above the $2,350 resistance. ETH outpaced Bitcoin and might even attempt a clear move above the $2,400 resistance. Ethereum is attempting a fresh increase above the $2,350 resistance level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support near […]

Blockchain analytics platform Santiment is listing the major narratives that are likely to prevail in the crypto space this year. Starting with non-fungible tokens (NFTs) and memecoins, Santiment says that the two crypto sub-sectors are “always primed for a sudden surge of interest.” As an example, Santiment says that the rise in interest in the […]

A hacker hijacked the U.S. Securities and Exchange Commission’s X account on Tuesday and issued a false statement claiming the SEC has approved spot Bitcoin (BTC) exchange-traded fund (ETF) applications, whipping the crypto world into a temporary frenzy. At 1:11pm PST on Tuesday, the SEC’s official X account announced it had granted approval for Bitcoin […]

In a significant development, BlackRock and VanEck have filed amended S-1 forms for their respective Bitcoin Spot ETFs applications. This move is in response to the final comments from the Securities and Exchange Commission (SEC). Yesterday, the Securities and Exchange Commission (SEC) provided feedback to several potential issuers following their recent form submissions. Sources familiar […]

The recent report published by the Commodity Futures Trading Commission (CFTC) regarding the Decentralized Finance (DeFi) landscape has triggered critical analysis on the proposed regulatory implications and understanding of this emerging financial ecosystem. The CFTC, in its report, emphasizes the need to understand the inherent benefits and risks, highlighting the dependence of these aspects on […]

BlackRock’s unexpectedly low fee for its Bitcoin ETF is shaking up cryptocurrency market, turning up heat on competitors