Binance, the leading global crypto exchange, has released its fourteenth Proof of Reserves (PoR), providing an in-depth look into its reserves as of January 1, 2024. The disclosure is timely, given the need for trust and transparency in the crypto industry, particularly following significant disruptions such as the FTX collapse.The recent PoR, which uses the […]
Bitcoin has surged past the $47,000 mark for the first time since April 2022, as the deadline for the United States Securities and Exchange Commission (SEC) approval of spot Bitcoin ETFs draws near. The cryptocurrency climbed rapidly from a price of $44,000 on Jan. 8, marking a more than 6.5% increase in the last 24 […]
The Bitcoin price has soared past the $47,100 mark, reaching levels not seen since April 2022. This surge is due to the positive sentiment in the cryptocurrency community, as all signs point towards an imminent approval of the highly anticipated Bitcoin Exchange-Traded Fund (ETF) applications.Earlier today, several prominent players in the financial industry, including VanEck, […]
Grayscale, a leading asset management firm with a portfolio of around $27 billion, has announced a significant change in its fee structure for its proposed Bitcoin ETF. The firm has reduced its management fee from 2% to 1.5%, a strategic move aimed at strengthening its position in the competitive exchange-traded fund market.In a bid to […]
The crypto world is on the edge as the United States Securities and Exchange Commission (SEC) approaches a pivotal moment that could mark a historic shift in cryptocurrency. Investors, enthusiasts, and industry experts are closely watching for the SEC’s decision to approve a spot Bitcoin Exchange-Traded Fund (ETF), expected to be made by Wednesday, January […]
Asset manager Valkyrie has led the charge among companies filing their final S-1 amendments ahead of the anticipated January 10 approval date for the first spot Bitcoin ETFs in the United States. Following closely behind Valkyrie were WisdomTree, BlackRock, VanEck, Invesco & Grayscale, and ARK Invest & 21Shares.Monday morning saw a flurry of activity as […]
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 […]
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 […]
