Jay Clayton, former chairman of the US Securities and Exchange Commission (SEC), believes that the approval of a spot Bitcoin ETF is “inevitable” despite delays on seven applications. A spot Bitcoin ETF is an exchange-traded fund that invests directly in Bitcoin, allowing investors to trade shares of the fund on stock exchanges. The SEC has […]
Cardano’s native token has recently seen a notable decline in its value, dropping by approximately 17% over the last month. However, the on-chain activity has defied expectations, with a 1,700% surge in its weekly transaction volumes since late January. Data suggests that trader interest in the crypto asset has remained unfazed by the depreciation in […]
Cardano (ADA) and InQubeta (QUBE) are two of the most talked-about projects in the crypto space. ADA is seen as a potential challenger to Bitcoin (BTC) and Ethereum (ETH) dominance, while QUBE is a token that blends AI and blockchain, aiming to solve a critical problem. This article explores the potential of both projects to […]
FTX, a top-rated centralized cryptocurrency exchange, imploded late last year, wiping out over $32 billion from the crypto wallet. The current FTX management has reportedly recovered at least $5 billion of liquid assets, and proposed a plan to appoint Mike Novogratz’s Galaxy Digital Capital (GDC) Management as the investment manager charged with overseeing the sale […]
Jason Fang, founder of cryptocurrency investment firm Sora Ventures, recently shared his insights on the crypto market and Bitcoin’s potential. Fang highlighted the rapid growth of DeFi and NFTs, despite initial skepticism, and believes Bitcoin development is progressing faster than many realize.Recalling the past bear markets, Fang described how the Bitcoin price plunged and his […]
Ripple Labs has announced its intention to file a cross-appeal if the SEC’s request for an interim appeal is granted in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC). Ripple’s Chief Legal Officer Stuart Alderoty has encouraged the crypto community to delve into the details of Ripple’s opposition filing.At […]
The cryptocurrency market is undergoing a shift, with the derivatives market playing a key role in Bitcoin’s price. Futures, options, and perpetual futures are all evolving in tandem with Bitcoin, and a key metric is providing insight into the market’s health. This decrease in leverage could have implications for traders and institutions, as it reflects […]
A large sum of Shiba Inu Tokens (SHIB) valued at millions was transferred from the popular crypto exchange Bitvavo to an unidentified wallet. According to wallet tracker Whale Alert, the total number of SHIB transferred is about 4.6 trillion, valued at roughly $35.7 million.Further examination of the recipient address revealed that the wallet is newly […]
Bybit, a Dubai-based cryptocurrency exchange, has developed TradeGPT, an AI-powered education tool that uses ChatGPT’s large language model and Bybit’s inhouse ToolsGPT to provide real-time market analysis and answers to user questions in a variety of languages. Other exchanges such as Crypto.com, Binance, and OKX have also explored using ChatGPT to give users insights into […]
Jay Clayton, former Chairman of the US Securities and Exchange Commission (SEC), believes that the regulator will soon approve the launch of a spot Bitcoin exchange-traded fund (ETF). The SEC recently decided to delay the applications of BlackRock and other finance giants who wanted to introduce such a product. Clayton believes that the decision could […]
