In a significant development in the cryptocurrency sector, major institutions are vying for the first spot in the Bitcoin Exchange Traded Fund (ETF). Blackrock, Ark, WisdomTree, and Invesco Galaxy have all submitted updated S1 filings to the SEC. These filings were submitted within minutes of each other on January 8, marking the final stages of […]
Meme Moguls, a groundbreaking meme-backed stock market/exchange, is making a significant impact in the cryptocurrency sphere, potentially surpassing the profitability of Ethereum (ETH) and Cardano (ADA) staking. Its unique strategy of leveraging the power of memes and a play-to-earn model provides an attractive opportunity for both seasoned traders and beginners.Ethereum, the second-largest cryptocurrency by market […]
The Securities and Exchange Commission (SEC) is set to make a decision on Bitcoin Exchange-Traded Funds (ETFs) from major players like BlackRock and Fidelity by January 10th. This decision could significantly impact the crypto market. Amidst this anticipation, there is speculation on whether Bitcoin’s price will surge to $55,000 or drop to $30,000, marking a […]
Since its inception in 2009, Bitcoin has become a hot topic and has significantly influenced consumer choices. This medium of exchange is now being actively traded around the clock and is increasingly being accepted as a method of payment.In the previous year, there was a significant 300% increase in the number of merchants worldwide accepting […]
Nebraska State Senator Eliot Bostar has introduced a bill to establish basic cryptocurrency standards in the state. The legislative bill 911, also known as the Blockchain Basics Act, was introduced on January 5. The bill’s primary objective is to create a safe and legal environment for cryptocurrency mining, holding, and trading for Nebraska’s citizens.The Blockchain […]
Ripple’s XRP has achieved a significant milestone, with the number of its wallets surpassing the 5 million mark. This notable increase, which has been observed throughout 2023, indicates a growing user base and wider adoption of the asset, potentially boosting investor confidence. The start of the previous year saw the figure at approximately 4 million.This […]
Anatoly Yakovenko, co-founder of the blockchain platform Solana (SOL), has recently reaffirmed the project’s commitment to scaling at the Layer 1 level and achieving a global atomic state machine. This approach is in stark contrast to other blockchain networks like Ethereum, which are increasingly relying on Layer 2 solutions to address scalability challenges.Solana’s primary objective […]
Cathie Wood’s ARK Invest has continued its trend of selling shares in the cryptocurrency exchange Coinbase (COIN), with a further 133,823 shares sold on January 5. The stock opened trading for the day at $152.67 and ended at $153.98. The United States-based asset management company disclosed its trades for the day on social media on […]
Mercari, a leading Japanese e-commerce platform, is set to accept Bitcoin as a payment option for its flea market app-listed products starting in June. This move will be facilitated through its Tokyo-based crypto exchange subsidiary, Melcoin.While the prices of items listed on the flea market app will be shown in Japanese yen, users will have […]
Upbit Singapore, the Singaporean subsidiary of South Korean cryptocurrency exchange Upbit, has secured a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). This license allows the exchange to expand its business in Singapore, including growing its team, expanding its institutional business offering, and increasing the number of digital assets it lists.Prior […]
