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Day: January 12, 2024

  1. Home
  2. 2024
  3. January
  4. 12
  5. Page 6
  • bob
  • 2024-01-12
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Market Analysis and Predictions
  • North America

Ethereum Poised for Bullish Breakout, Predicts Crypto Analyst van de Poppe

Ethereum (ETH) is currently at a crucial point, with a potential bullish breakout predicted by esteemed crypto analyst Michaël van de Poppe. In a recent tweet, van de Poppe shared his insights, suggesting that Ethereum was nearing its 2022 low and was likely to gather liquidity at this point.He speculated that if a spot ETF […]

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  • bob
  • 2024-01-12
  • Cryptocurrency Market Analysis
  • Investment Insights
  • Market Updates
  • North America

Ethereum Jumps 11.4% as Whales Accumulate, Boosting Market Sentiment

Ethereum (ETH) has seen a significant increase of 11.4%, with whales in the crypto ecosystem playing a major role in this surge. Data from the crypto analytics platform Lookonchain reveals that a whale with the wallet address “0xAA15” withdrew 5,762 ETH, equivalent to approximately $15.06 million, from Binance. This whale has purchased a total of […]

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  • bob
  • 2024-01-12
  • Company News
  • Cryptocurrency Exchanges
  • Investment Insights
  • North America

Grayscale Transfers $200M Bitcoin to Coinbase, Suggests ETF Redemption

In a significant move, Grayscale has transferred $200 million worth of Bitcoin to Coinbase Prime. This action has sparked speculation about potential ETF redemption activity. The transfer comes as Bitcoin ETFs witness an inflow of $720 million.The adjustment of Grayscale’s holdings via the Coinbase transfer has been a notable event in the cryptocurrency market. This […]

Read More
  • bob
  • 2024-01-12
  • Company News
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

Genesis Global Trading Settles with NYDFS, Surrenders BitLicense

Cryptocurrency firm Genesis Global Trading has reached a settlement with the New York Department of Financial Services (NYDFS), resulting in the company relinquishing its operational rights in the state.As per an announcement made on January 12, Genesis has agreed to pay a hefty fine of $8 million to the NYDFS. In addition to this, the […]

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  • bob
  • 2024-01-12
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Investment Insights
  • North America

Spot Ripple ETF Unlikely in 2024 Due to Regulatory Challenges

Following the recent approval of several spot Bitcoin ETFs, there has been growing speculation about the future of other crypto ETFs, including Ripple. However, according to Bloomberg’s ETF analyst James Seyffart, it is unlikely that a spot Ripple exchange-traded fund (ETF) will be launched this year.In an interview with Thinking Crypto, Seyffart shared his perspective […]

Read More
  • bob
  • 2024-01-12
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • Investment Insights
  • North America

Spot Ripple ETF Unlikely in 2024 Due to Regulatory Challenges

Despite the recent approval of several spot Bitcoin ETFs, the launch of a spot Ripple exchange-traded fund (ETF) this year is unlikely, according to Bloomberg’s ETF analyst James Seyffart. In an interview with Thinking Crypto, Seyffart expressed his views on the potential arrival of a spot Ripple ETF in 2024, citing regulatory challenges as the […]

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  • bob
  • 2024-01-12
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
  • World

Ethereum Under Scrutiny Amid Allegations of Insider Connections to Crypto Theft

Samson Mow, CEO of JAN3, has stirred the cryptocurrency community with his statement on X, equating Ethereum to the collapsed crypto exchange FTX. This claim was linked to a tweet by on-chain investigator “TruthLabs” (@BoringSleuth), which has further intensified the debate.TruthLabs’ tweet reveals a concerning connection between a founding Ethereum developer and the infamous “Blockchain […]

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  • bob
  • 2024-01-12
  • Company News
  • Cryptocurrency Innovations
  • Cryptocurrency Regulations
  • North America

BlackRock CEO Sees Value in Launching Spot Ethereum ETF in US

BlackRock CEO Larry Fink has expressed optimism about the company’s plan to launch a spot Ethereum ETF in the United States. This comes after the successful debut of the company’s new spot Bitcoin ETF product, IBIT. Fink sees value in the move, stating that these are stepping stones towards tokenization.On Thursday, the trading volume of […]

Read More
  • bob
  • 2024-01-12
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • World

ZetaChain Unveils Vision for Omnichain Blockchain and Upcoming Events

ZetaChain is gearing up for a significant year, introducing its vision for 1.0, which includes a roadmap, token utility, ZetaHub, and the state of the ecosystem. The mission of ZetaChain is to serve as a platform for universal access, simplicity, and utility across any blockchain. It aims to counter the fragmentation and centralization that often […]

Read More
  • bob
  • 2024-01-12
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • North America

US Financial Firms Favor USDC Over USDT, Says CryptoQuant CEO

Ki Young Ju, the founder and CEO of on-chain analytics platform CryptoQuant, has stated that financial institutions in the United States have a preference for Circle’s USD Coin (USDC) over Tether’s USDT. According to Ju, these firms are not entirely comfortable with USDT and would rather see global crypto users carry out their stablecoin transactions […]

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