Ethereum ETF Delays Continue as InQubeta Raises $8M in Presale

Ethereum and InQubeta have experienced a remarkable year, with analysts predicting that this trend will continue. These tokens are considered the best altcoins to invest in at present, offering portfolio diversification and new opportunities in the DeFi ecosystem. As the crypto sector expands, Ethereum and InQubeta are seen as the most promising for future gains.Despite […]

Celsius Network Requests Large Withdrawals Return Amid Bankruptcy

Celsius Network, a bankrupt cryptocurrency lending company, has taken a significant step by issuing a filing to the United States Bankruptcy Court. The filing, submitted on Thursday, January 9, is for the settlement of Withdrawal Preference Exposure (WPE) and targets large investors.The company has requested account holders who withdrew $100,000 or more worth of crypto […]

Valkyrie CIO Foresees Potential for XRP and Ethereum Spot ETFs

Steven McClurg, the Chief Investment Officer of Valkyrie Funds, has suggested that exchange-traded funds (ETFs) for XRP and Ethereum could be on the horizon. This follows the recent developments surrounding Bitcoin spot ETFs and their potential approval. McClurg expressed his belief in a Bloomberg interview that we might see ETFs for Ripple and Ethereum, especially […]

CFTC Publishes Recommendations to Mitigate Risks in DeFi Sector

The United States Commodity Futures Trading Commission (CFTC), the body that regulates the U.S. derivatives markets, has released a report outlining its recommendations for mitigating risks associated with decentralized finance (DeFi). The report was compiled by the CFTC’s Digital Assets and Blockchain Technology Subcommittee.While the report acknowledges the “promising opportunities” presented by DeFi, it also […]

Blackrock, Grayscale May Apply for XRP ETF Amid Market Speculation

Blackrock and Grayscale, two industry giants, are expected to play a pivotal role in the potential introduction of an XRP ETF. Insider sources suggest that an application for this ETF could be submitted as early as April 2024, aligning with the resolution of the SEC v. Ripple legal dispute.Ben Armstrong, a well-known crypto influencer, recently […]

Potential Approval of Ripple and Ethereum Spot ETFs Discussed

Following the likely approval of Bitcoin Spot ETFs, Ripple and Ethereum Spot ETFs could also come to market, according to Valkyrie Funds CIO. XRP, the digital asset of Ripple, is the only one with regulatory clarity from US courts, and its relisting by major exchanges is a significant step. The Ethereum price rallied with the […]

False Bitcoin ETF Approval News Triggers Market Sell-Off

The market reacted with a sell-the-news response following the false news of a spot Bitcoin BTC exchange-traded fund (ETF) approval on January 9. The United States Securities and Exchange Commission’s (SEC) official X account, formerly known as Twitter, was hacked and published a fake news post stating that the regulator had granted multiple Bitcoin ETF […]

Binance Delists Nine Trading Pairs, Affecting Market Values Temporarily

Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the delisting of nine spot trading pairs from its platform. The pairs include LTC/UAH, FLOKI/TUSD, COS/BNB, COTI/BNB, MULTI/BTC, among others. The decision, which will take effect on January 12, is part of the company’s routine reviews aimed at maintaining a high-quality trading market and […]

SEC Under Fire as Social Media Hack Reveals Security Flaws

The U.S. Securities and Exchange Commission (SEC) is currently under the microscope of Congress following a security breach of its social media account. The incident has raised questions about the robustness of the SEC’s security protocols.The breach was reported by social media platform X, which revealed that the SEC’s account was compromised due to a […]