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9 months, 4 weeks agoGensler's Bitcoin ETF Approval Sparks Controversy Amid Crypto Criticism
US Securities and Exchange Commission (SEC) Chair Gary Gensler has recently approved Bitcoin ETFs, a move that has sparked controversy due to his concurrent criticism and unfounded claims against Bitcoin and the…
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9 months, 4 weeks agoUBS Targets US Market Following Credit Suisse Takeover
UBS, the Swiss financial giant, is making a renewed push into the lucrative US investment-banking market, more than a decade after it abandoned its ambitions of becoming a major player in the sector. This time,…
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9 months, 4 weeks agoEthereum Co-founder Proposes 33% Increase in Gas Limit
Vitalik Buterin, co-founder of Ethereum, has proposed a 33% increase in the gas limit to enhance network throughput. This marks the first change in Ethereum’s gas limit in three years, addressing rising gas p…
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9 months, 4 weeks agoGenesis Global Settles Regulatory Issues, Agrees to $8M Fine
The New York Department of Financial Services (DFS) is preparing to announce a settlement with Genesis Global, a subsidiary of the Digital Currency Group (DCG), according to a recent report by Fortune Magazine. DFS…
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10 months agoCoinbase Partners with Yellow Card to Expand in Africa
On January 11, Coinbase, a renowned crypto exchange, announced its collaboration with Yellow Card, the first licensed Stablecoin on/off ramp on the African continent. This partnership aims to broaden the reach of…
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10 months agoSEC Approves 11 Bitcoin ETFs, Industry Leaders Discuss Competition
The US Securities and Exchange Commission (SEC) has approved 11 Bitcoin Exchange-Traded Funds (ETFs) in a move celebrated by crypto investors. The simultaneous approval of these ETFs is intended to provide a level…
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10 months agoBlackRock CEO Views Bitcoin as Asset Class, Not Currency
BlackRock CEO Larry Fink has expressed skepticism about the feasibility of Bitcoin as a medium for everyday transactions, insisting that it should be seen as an asset class. In a recent interview with CNBC, Fink…
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10 months agoCrypto Analyst Forecasts Bullish Future for Solana-based Memecoin, Ethereum
A prominent cryptocurrency analyst and trader, known pseudonymously as Bluntz, has recently expressed a bullish outlook on a Solana-based memecoin, dogwifhat (WIF). Bluntz shared with his 236,100 followers on a…
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10 months agoBitcoin Dips Below $42K Amidst GBTC Flow Concerns and Market Uncertainty
Bitcoin experienced a significant drop of 9%, falling below $42K, despite the general optimism surrounding Bitcoin ETFs. The price of Bitcoin plummeted to as low as $41,730 at 10:25 p.m. UTC on Friday, marking a…
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10 months agoSouth Korea Upholds Crypto Restrictions Despite US Bitcoin ETF Approval
South Korea’s Financial Services Commission (FSC) has issued a statement that could significantly impact the local crypto market. The FSC has suggested that domestic securities firms’ brokering of US spot Bit…
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10 months agoBitcoin and Top Cryptocurrencies Plunge Amid Federal Reserve Actions
Bitcoin and other top ten cryptocurrencies such as ethereum, XRP, and solana have experienced a sharp decline, despite a massive $10 trillion bitcoin price bet. This has resulted in a nearly 10% drop in bitcoin…
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10 months agoLawmakers Call for SEC Cybersecurity Investigation Following Breach
U.S. Senators Ron Wyden and Cynthia Lummis have called for an investigation into the U.S. Securities and Exchange Commission (SEC) following a security breach. The lawmakers penned a letter to the SEC’s Inspector G…
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10 months agoLitecoin Poised to Outperform Bitcoin, Predicts Analyst Tony the Bull
Litecoin, often dubbed as the “silver to Bitcoin’s gold,” is gaining momentum among analysts who foresee it potentially outperforming Bitcoin in the near future. Tony “the Bull,” a certified chartist and the Head…
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10 months agoCrypto Firms Face Record Fines Amid Regulatory Scrutiny
In a significant development, crypto firms faced substantial regulatory action last year, collectively paying nearly $6 billion in fines. These fines were primarily due to Anti-Money Laundering (AML) violations and…
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10 months agoXRP Community Burns 12 Million Tokens, Active Accounts Surpass 5 Million
The XRP community is intensifying its token burning efforts in an attempt to decrease the circulating supply of the digital asset. The total number of tokens burned has reached a new record, surpassing the previous…
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10 months agoJPMorgan Doubts May Approval for Ethereum-Based Spot ETF
The U.S. Securities and Exchange Commission’s (SEC) position on an Ethereum-based exchange-traded fund (ETF) is currently a hot topic among financial analysts and major investment firms. Despite the widespread a…
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10 months agoJPMorgan Analyst Foresees 50% Chance for Ethereum ETF Approval in May
A JPMorgan executive has recently predicted a 50% chance of a spot Ethereum ETF being approved in May. Nikolaos Panigirtzoglou, a Managing Director for JPMorgan, expressed his views on the matter, stating that for…
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10 months agoWise Lending Drained of $440,000 in Apparent Oracle Price Exploit
Web3 lending app and yield aggregator Wise Lending suffered a significant loss of 170 Ether (ETH), valued at $440,000, in an apparent exploit on January 12. The attacker is suspected to have manipulated an oracle…
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10 months agoBitcoin Co-CEO Raises Concerns Over Spot ETFs Amid Limited Supply
Daniel Roberts, co-CEO of Bitcoin mining company Iris Energy, has voiced concerns over Spot Bitcoin ETFs, citing Bitcoin’s limited supply as a potential issue. Roberts highlighted that Bitcoin ETFs are the first o…
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10 months agoSEC Chairman Doubles Down on Bitcoin Criticism Despite ETF Approvals
The chairman of the Securities and Exchange Commission (SEC) has reiterated his criticisms of Bitcoin (BTC), despite recently approving a number of exchange-traded funds (ETFs) for the cryptocurrency. In an…
