Bitcoin Surges to $45K on New Year’s Day, Ethereum and Dogecoin Follow Suit as US Office Buildings Face $117B Debt Crisis

Bitcoin, Ethereum, and Dogecoin experienced significant price increases on the first day of 2024. Bitcoin crossed the $45,000 mark, while Ethereum and Dogecoin also saw spikes in their values. This surge in cryptocurrency prices has caught the attention of investors and traders.Meanwhile, the US office building market is bracing itself for a potential debt cliff […]

Grayscale’s Amended Bitcoin ETF Application Raises Questions with Omitted Authorized Participants

Cryptocurrency asset manager Grayscale has filed an amended Bitcoin exchange-traded fund (ETF) application without listing authorized participant details. This move has raised questions and speculation among industry experts.The amended filing clarifies that authorized participants in the proposed ETF can only pay and receive cash for shares. However, Grayscale has left the names of its authorized […]

Bitcoin ETF Approval Speculations Drive Surge in Bitcoin Price

The US Securities and Exchange Commission (SEC) is speculated to approve a spot Bitcoin ETF, causing a surge in the digital asset market. Bitcoin experienced a 6% increase on the second day of 2024, surpassing $45,000 for the first time since April 2022. The anticipation surrounding the ETF approval suggests that Bitcoin will gain institutional […]

Tellor (TRB) Price Surges 150% and Plummets in 13 Hours, Causing $68 Million in Liquidations

A relatively unknown altcoin called Tellor (TRB) experienced a significant surge in price, reaching an all-time high of $619 before quickly dropping back down to $136 within a span of 13 hours on December 31st. This unusual trading activity raised suspicions when it was discovered that the Tellor team had transferred a large amount of […]

Crypto Hack on Orbit Chain’s Cross-Chain Bridge Leads to Nearly $100 Million in Stolen Funds

The recent attack on Orbit Chain’s cross-chain bridge has resulted in nearly $100 million worth of cryptocurrency being stolen in December, making it the fifth-highest month for hacks in 2023. The exploit targeted the bridging service of Orbit Chain, a cross-chain protocol launched in South Korea in 2018. The breach occurred on December 31st, leading […]

SEC Sets Deadline for Crypto Firms’ ETF Applications

The Securities and Exchange Commission (SEC) is taking action on the numerous applications for Bitcoin exchange-traded funds (ETFs) that have been submitted. Crypto firms have been given a deadline to make any necessary changes to their applications, indicating that the SEC is preparing to make a decision.In the world of Bitcoin, Indonesian police have shut […]