modernsociety
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10 months, 2 weeks 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, 2 weeks 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, 2 weeks 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, 2 weeks 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…
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10 months, 2 weeks agoGensler Highlights Irony in Bitcoin ETFs, Responds to Warren's Criticism
SEC Chair Gary Gensler has labeled the approval of Bitcoin ETFs as ‘ironic’ due to their centralized nature, which contradicts the decentralized vision of Bitcoin’s creator, Satoshi Nakamoto. In a recent inter…
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10 months, 2 weeks agoVanguard's Indirect Bitcoin Exposure via MicroStrategy Despite Crypto Distance
Asset management giant Vanguard, despite its public distancing from the cryptocurrency market, has significant exposure to Bitcoin through its large stake in MicroStrategy (MSTR). As per Yahoo Finance data,…
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10 months, 2 weeks agoRobinhood Launches Spot Bitcoin ETF Trading for US Customers
Robinhood, a leading trading platform, has introduced spot Bitcoin exchange-traded fund (ETF) trading for its US customers. This development is part of the company’s continuous efforts to offer more investment o…
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bob wrote a new post
10 months, 2 weeks agoRobinhood Launches Spot Bitcoin ETF Trading for US Customers
Robinhood, a leading trading platform, has introduced spot Bitcoin exchange-traded fund (ETF) trading for its US customers. This development is a part of Robinhood’s continuous efforts to offer more investment o…
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bob wrote a new post
10 months, 2 weeks agoBinance Coin Slips in Liquidity Rankings Amid Regulatory Scrutiny
In a surprising turn of events, Binance Coin (BNB) has slipped to the 13th position in the liquidity race in Q4 2023, despite being the third-largest cryptocurrency by market capitalization. This development has…
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10 months, 2 weeks agoCoinShares to Acquire Valkyrie, Boosting US Bitcoin ETF Market Presence
In the evolving landscape of post-spot Bitcoin ETF (Exchange Traded Fund), industry players are strategizing to gain a competitive edge. These strategies are either aimed at capturing direct market share or using…
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10 months, 2 weeks agoSingapore's MAS to Gain Expanded Powers Impacting Crypto Firms
The Monetary Authority of Singapore (MAS) is set to receive expanded powers under a new bill currently before the country’s parliament. This could have a significant impact on cryptocurrency firms. The Financial I…
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10 months, 2 weeks agoUS Congress Urges SEC to Probe Bitcoin ETF Approval Hack
Increasing numbers of U.S. Congress members are urging the Securities and Exchange Commission (SEC) to provide details on a hack that led to a false announcement being posted on X (formerly Twitter) about the…
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10 months, 2 weeks agoGenesis Pays $8 Million in NYDFS Lawsuit Over Regulatory Breaches
In a significant development, Genesis, a prominent player in the cryptocurrency industry, has been compelled to forfeit its BitLicense. This drastic measure comes as a result of a lawsuit filed by the New York…
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10 months, 2 weeks agoCrypto Analyst Predicts 100% Ethereum Price Rise Against Bitcoin
Crypto analyst Michaël Van De Poppe has made a bullish prediction for the Ethereum price against Bitcoin in the near future. He noted that the price action on the ETH/BTC pair for the upcoming months will be…
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10 months, 2 weeks agoBlackRock CEO's Endorsement Boosts Confidence in Ethereum's Potential
The digital finance landscape is experiencing a potential shift, with Ethereum at the forefront, led by BlackRock, the world’s financial giant. This change, suggested by CEO Larry Fink’s recent comments, could hav…
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10 months, 2 weeks agoDeFi Week: Solana Bot's Big Win, Near Layoffs, and CFTC's Risk Mitigation
In the world of decentralized finance (DeFi), a Solana-based maximum extractable value (MEV) bot has made a significant impact, generating $1.7 million in profit from a single trade. This news comes alongside the…
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10 months, 2 weeks agoRipple Faces SEC Scrutiny Over XRP Sales, Affecting Price Action
The XRPL Mainnet has faced several challenges, including issues related to authorized trustlines and a combination of flags when the exchange rate on an offer diverges from the order book rate. These challenges…
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10 months, 2 weeks agoBitcoin ETFs Debut in US, Spark Excitement and $80M in Losses
The U.S. Bitcoin ETF debut sparked a wave of excitement, but prices dropped after an initial surge, impacting both long and short futures traders with $80 million in losses. Spot Bitcoin ETFs made a historic debut,…
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10 months, 2 weeks agoEthereum Insider Doubts Approval of ETH ETF Amid Fraud Allegations
Ethereum insider Steven Nerayoff has expressed skepticism over the possibility of an Ethereum (ETH) Exchange-Traded Fund (ETF) being launched. This comes after the approval of Bitcoin Spot ETFs by the United States…
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10 months, 2 weeks agoJPMorgan Doubts Approval of Spot Ethereum ETF by May
JPMorgan has expressed skepticism regarding the approval of spot Ethereum ETFs by the Securities and Exchange Commission (SEC) in May. Nikolaos Panigirtzoglou, a representative from JPMorgan, stated that the SEC…
