modernsociety
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10 months agoAnticipation Builds for Potential Approval of US Bitcoin ETFs This Week
The crypto world is on the edge of a potentially historic week, with the United States Securities and Exchange Commission (SEC) expected to approve a spot Bitcoin ETF by Wednesday, January 10. Analysts James…
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10 months agoEthereum Co-founder Vitalik Buterin's Financial Advice Sparks Controversy
Ethereum co-founder Vitalik Buterin has been actively engaging with the crypto community on social media, offering financial advice that has not been well-received by Ethereum investors. On January 7, Buterin…
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10 months agoDigital Currency Group Settles $1 Billion Debt Amid Crypto Market Challenges
Digital Currency Group (DCG) has successfully settled all its short-term loans to Genesis, a crypto lending platform. In a recent announcement, DCG revealed that it repaid a $700 million loan to the crypto broker.…
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10 months agozkSync Era Dominates Ethereum Scaling with Record Daily Transactions
zkSync Era, a Layer-2 (L2) blockchain, has continued its dominant performance into 2024, processing more transactions than any other Ethereum scaling solution. The zero-knowledge rollup (zk-rollup) has clocked more…
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10 months agoFormer Goldman Banker Shawki Resurfaces Amid 1MDB Scandal Revelations
Hazem Shawki, a former Goldman Sachs Group, Inc banker who was involved in a 1Malaysia Development Bhd (1MDB) mega deal with fraudster Jho Low, has been appointed to run UBS’ investment bank in the Middle East. S…
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10 months agoHonduras' Prospera Zone Adopts Bitcoin as Unit of Account
Honduras’ Prospera Economic Zone, situated on Roatan Island, has officially recognized Bitcoin as a unit of account. This significant move acknowledges Bitcoin’s role in various commercial, fiscal, and fin…
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10 months agoSwiss Financial Institutions: Trends, Leadership Changes, and Expansion Plans
The departure of media “Spin Doctor” Peter Dietlmaier leaves a significant gap in managing external perceptions. This may seem like a minor detail, but it is indeed crucial.Is the crypto-renaissance replacing the…
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10 months agoGlobal Bitcoin Acceptance Triples Among Merchants in 2023
In a significant development for the cryptocurrency sector, the number of global merchants accepting Bitcoin payments saw a nearly three-fold increase in 2023. This information comes from BTC Map, a provider of…
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10 months agoChainlink's Potential Growth Defended Amidst Crypto Market Predictions for 2024
As the year 2024 approaches, the cryptocurrency market is buzzing with predictions about which tokens will see significant gains. One token that is being touted as a potential long-term winner is Chainlink ($LINK),…
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10 months agoCrypto Market Dips as Bitcoin ETF Decision Nears, Analysts Predict Surge
Major cryptocurrencies, including Bitcoin, Ethereum, and Dogecoin, experienced a dip on Sunday evening. This was largely due to market anxiety over the potential approval or denial of the United States’ first s…
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10 months agoArgentina's Stock Market Thrives Amid Economic Crisis and Reforms
Argentina has been rocked by economic instability in recent years, with failed agreements with the IMF, capital controls, state price dictates, and expropriation of companies. Despite these challenges, Augusto…
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10 months agoBitcoin ETF Decision Looms: Boom or Bust for Global Investors?
The attractiveness of cryptocurrencies for investment purposes could be affected by changes in tax laws. At the same time, the number of coins that Spot-Bitcoin-ETFs would need to hold to be profitable could make…
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10 months agoSEC Reissues Warning Ahead of Potential Bitcoin ETF Approval
The United States Securities and Exchange Commission (SEC) has reiterated its cautionary stance on FOMO crypto investing, just days before the expected approval of spot Bitcoin exchange-traded funds. The SEC’s O…
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10 months agoPróspera Economic Zone in Honduras Recognizes Bitcoin as Unit of Account
Próspera, a special economic zone in Roatan, Honduras, has officially recognized Bitcoin as a unit of account less than two years after adopting it as legal tender. This means Bitcoin can now be used to measure…
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10 months agoWhales Buy Bitcoin, Ethereum Amid Market Dip, Anticipate Quick Recovery
On January 7, 2024, a significant drop in the value of Bitcoin (BTC) and Ethereum (ETH) has drawn the attention of large-scale cryptocurrency investors, commonly known as whales. Two such investors have capitalized…
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10 months agoGlobal Decline in Bitcoin ATMs Despite Record Cryptocurrency Growth in 2023
In a surprising turn of events, the number of kiosks offering the option to purchase cryptocurrencies using cash or debit cards has been on a decline, despite Bitcoin’s record-breaking performance throughout 2…
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10 months agoCoinsPaid Suffers Second Security Breach, $7.5 Million in Crypto Stolen
Crypto payment gateway CoinsPaid has fallen victim to its second security breach in the past six months, with unauthorized transactions amounting to nearly $7.5 million. The breach was detected by Web3 security…
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10 months agoSolana Outperforms Ethereum, Analyst Cites Simplicity as Key Factor
Analyst Qiao Wang of Alliance DAO has recently commented on the complexities of Ethereum (ETH) development and scaling narratives, stating that they may be too intricate for average developers and entrepreneurs.…
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10 months agoBitcoin Investors Brace for Possible 40% Dip in March, Says Hayes
Arthur Hayes, a renowned thought leader in the crypto industry, has warned Bitcoin investors to prepare for a potential 40% dip in March due to macroeconomic factors. In a recent blog post, Hayes highlighted three…
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10 months agoFidelity Emerges as Cheapest in Bitcoin ETF Race Amid Fee Competition
As the approval of a Bitcoin spot ETF becomes increasingly likely, the focus is shifting from the excitement of the potential approval to the fundamental aspects of these ETFs, such as on-chain trading transparency…
