Bitcoin Market Cap Drops $50B Following Fake SEC ETF Approval News

Bitcoin’s market capitalization experienced a significant drop of around $50 billion in the last 24 hours. This drastic change was triggered by a fake approval post of spot exchange-traded funds (ETF) that appeared on the U.S. Securities and Exchange Commission (SEC) official handle. The top cryptocurrency’s market capitalization fell from $938 billion to as low […]

Indian Apple Store Blocks Crypto Exchanges Following Government Notice

The Indian Apple app store has recently blocked several crypto exchange apps, including Binance, KuCoin, Bitget, Huobi, OKX, Gate, and MEXC. This move comes weeks after the Indian government issued a non-compliance notice against nearly a dozen off-shore crypto exchanges. Consequently, these exchange applications are no longer accessible to new users.The Financial Intelligence Unit (FIU) […]

Polygon Surpasses Ethereum in 24-Hour NFT Sales, Boosted by Gas Hero

In a significant development, Polygon (MATIC) has made a historic achievement by surpassing Ethereum (ETH) in 24-hour non-fungible token (NFT) sales. This milestone has brought Polygon’s NFT ecosystem into the limelight, attracting the attention of market observers. Despite falling back to the third position at the time of reporting, this temporary outperformance of its base […]

SEC Twitter Hack Sparks Confusion, Delays Bitcoin ETF Decision

The much-anticipated approval of the Bitcoin ETF by the Securities and Exchange Commission (SEC) has been deferred, contrary to earlier expectations. This decision follows a potential insider hack of the SEC’s account, which has added to the market’s uncertainty.Before the SEC’s deadline for ETF approval, the SEC’s official Twitter account was hacked, erroneously announcing the […]

Ethereum Shows Resilience Amid Market Volatility Following Fake News

Ethereum has shown resilience amid market volatility, gaining over 5% since the fake Bitcoin ETF news, and closing in on a 21-month high of $2,400. This comes in the wake of the SEC’s social media account hack which caused significant volatility in Bitcoin markets. Crypto derivatives provider Greeks Live reported that the impact of the […]

Blackrock Announces Job Cuts Amid Rapid Industry Changes, Plans Growth

Blackrock, the world’s largest asset manager, is planning to make job cuts in response to changes in the business. However, certain areas are expected to continue growing. The Blackrock management has announced layoffs in an internal memo, affecting around 600 employees or about 3% of the global workforce, as reported by news agency Bloomberg, citing […]

Potential Shift in Crypto Investment: Spotlight on Ethereum and XRP ETFs

The crypto investment sector is on the brink of a potential shift towards significant digital assets like Ethereum and XRP, following the possible approval of the first spot Bitcoin ETFs in the United States by the Securities and Exchange Commission (SEC). The SEC is currently reviewing several applications for spot Ethereum ETFs, but no applications […]

Swiss Steel Faces Financial Crisis, Major Shareholder Spuhler Unresponsive

The situation in Inner Switzerland is teetering on the edge of a financial disaster of unprecedented scale. Major shareholder Spuhler appears unwilling to inject fresh capital, exacerbating the crisis.In Lucerne, the situation is coming to a head just before the carnival season. According to an insider, a deferral of bankruptcy or even worse is no […]

SEC Account Hacked, False Bitcoin ETF Approval Causes Market Fluctuation

The X-account of the U.S. Securities and Exchange Commission (SEC) was hacked, leading to a false announcement about the approval of Bitcoin Exchange-Traded Funds (ETFs) that caused significant fluctuations in the cryptocurrency’s value. The SEC is currently investigating the fraudulent post on its X-account, which was previously known as Twitter.On Tuesday, an unidentified party briefly […]

Binance Killers’ Trading Signals Questioned Amid Lack of Evidence

Binance Killers, a Telegram group, offers crypto trading signals to its extensive membership base, which it claims to be over 250,000. The group asserts that its members have made a fortune trading on Binance. It provides a range of features including premium signals, personal support, and Tradingview indicators, among others.Despite these claims, the group’s performance […]