The cryptocurrency industry has been a hot topic in mainstream media, especially with the recent approval of 11 spot Bitcoin exchange-traded funds (ETFs) by the United States Securities and Exchange Commission (SEC). This has led to increased speculation about the potential approval of Ethereum (ETH) ETFs.US Congressman Michael Collins has reportedly made two Ethereum purchases […]
Ripple Labs has recently made a significant strategic investment by repurchasing $285 million worth of shares from early investors and employees. This move has set the company’s valuation at an impressive $11.3 billion. Since 2015, Ripple has raised $293.8 million in funding across 14 rounds, with investors limited to selling a maximum of 6% of […]
In a historic move, the US Securities and Exchange Commission (SEC) has given the green light to Bitcoin Spot ETF, marking January 10 as a significant day for BTC holders. This approval has sparked fee wars among issuers, with experts predicting that BlackRock, Fidelity, and Grayscale BTC ETFs could endure in the long run by […]
Over $12 million was wagered on a Polygon-based decentralized predictions market, Polymarket, on the outcome of the United States approving a spot Bitcoin exchange-traded fund (ETF) before mid-January. The bet, which began in early December, resolved to “yes” on January 10th when the Securities and Exchange Commission (SEC) approved the trading and listing of 11 […]
In a significant development in the cryptocurrency market, Ethereum Classic (CRYPTO: ETC) has seen a remarkable 34% surge over the past 24 hours. This increase has outshone the performance of leading cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).The surge has positioned Ethereum Classic as the top performer among the 100 leading cryptocurrencies […]
JPMorgan CEO Jamie Dimon has reiterated his negative stance on Bitcoin and the wider cryptocurrency industry in a recent interview with Fox, citing concerns over illicit activities such as sex trafficking, tax evasion, money laundering, and terrorism financing. He has previously expressed similar views during a Senate Banking Committee hearing, suggesting that cryptocurrencies should be […]
The Shiba Inu team has made a significant move in the cryptocurrency market by burning 200 Ethereum (ETH), equivalent to $475,366. This action is aimed at reducing the circulating supply of the meme coin, sparking widespread discussion in the crypto community. The question on everyone’s lips is whether this could be the catalyst that propels […]
Bitcoin’s price experienced dramatic swings yesterday following a hack on the US Securities and Exchange Commission’s (SEC) official X account. A fraudulent tweet was posted at 4:11 PM EST on Tuesday, falsely claiming the approval of a spot Bitcoin exchange-traded fund (ETF).Within fifteen minutes, SEC Chair Gary Gensler responded with a statement on his X […]
The crypto community is abuzz with the recent approval of spot Bitcoin exchange-traded funds (ETFs), a move hailed as “historic” by many. The news has led to a surge in activity on social media platforms, with the hashtag #BitcoinETF trending and the search term “Bitcoin ETF” reaching a maximum score of 100 on Google Trends.Eleven […]
In a surprising turn of events, Ethereum has overtaken Bitcoin in derivatives trading volume. This shift in market dynamics was observed as options traders scaled back in the Bitcoin market, while Ethereum saw a rise in open interest. This change in trader behavior followed a spoof by the SEC that sent the crypto markets into […]
