Rootoshi
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1 year, 11 months agoRipple Labs Plans $500 Million Buyback Amid Regulatory Uncertainty
Ripple Labs is reportedly planning a tender offer to buy back a $285 million stake from early investors and employees. The company intends to spend a total of $500 million on the transaction, which includes the…
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1 year, 11 months agoProShares Bitcoin ETF Surpasses $2 Billion Amid Spot ETF Speculation
The ProShares Bitcoin Strategy ETF (BITO) has surpassed the $2 billion mark, driven by the anticipation surrounding the potential approval of the spot ETF. Interestingly, the spot ETF could pose a significant…
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1 year, 11 months agoTom Lee Forecasts $500K Bitcoin in 5 Years as Institutions Invest
Fundstrat Global Advisors managing partner Tom Lee has made a bold prediction about the future of Bitcoin (BTC). He believes that the cryptocurrency could surge to $150,000 within the next 12 months and potentially…
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1 year, 11 months agoBNB Holders Urged to Shift Assets Ahead of Beacon Chain Fusion
In anticipation of the Beacon Chain Fusion, holders of key BEP2/BEP8 tokens, including Binance Coin (BNB) and Bitcoin (BTC), are encouraged to transfer their assets to the BSC network. This move is strongly advised…
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1 year, 11 months agoCrypto Market Reacts to Fake ETF Approval Tweet, Lido Surges 21%
A recent market surge, triggered by a false tweet, led to a sharp 21 percent increase in Lido. However, Bitcoin and other altcoins experienced a significant drop after the SEC chair dismissed rumors of ETF…
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1 year, 11 months agoCrypto Exchange Coinbase Offers SEC Cybersecurity Aid Amid Legal Dispute
In an unexpected development, Coinbase, a leading cryptocurrency exchange, has extended its support to the U.S. Securities and Exchange Commission (SEC) following a security breach on the regulator’s social media a…
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1 year, 11 months agoBankrupt FTX Seeks to Sell Bahamian Luxury Properties Amid Proceedings
FTX, a bankrupt cryptocurrency exchange, is seeking court approval to sell several luxury properties in the Bahamas as part of its bankruptcy proceedings. The properties were purchased using a significant amount of…
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1 year, 11 months agoSpot Bitcoin ETF Approval May Trigger Slump in Future Open Interest
The anticipation of a potential approval for a spot-based Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC) has led to a significant increase in Bitcoin futures open interest…
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1 year, 11 months agoBitcoin User Commemorates ETF Speculation with Blockchain Text Insertion
In a nod to the potential approval of a Bitcoin exchange-traded fund (ETF), a Bitcoin user has inscribed a message into the blockchain. The message, confirmed on Jan. 9 at 7:24 pm UTC, reads, “SEC Chairman on the b…
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1 year, 11 months agoFINRA Includes Crypto Assets in 2024 Regulatory Oversight Report
The Financial Industry Regulatory Authority (FINRA), a self-regulatory body overseeing securities broker-dealers in the US, has included a section on crypto assets in its 2024 Annual Regulatory Oversight Report for…
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1 year, 11 months agoBitcoin ETF Approval Anticipation Stirs Market Amid Skeptic Warnings
Bitcoin’s price experienced a wild ride this week, skyrocketing to nearly $48,000 due to a false announcement of a Bitcoin ETF approval before plummeting once again. This event highlights the high anticipation f…
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1 year, 11 months agoCboe Approves Spot Bitcoin ETF Listings, Awaits Final SEC Nod
The United States Securities and Exchange Commission (SEC) could be nearing the full approval of listing shares of a spot Bitcoin exchange-traded fund (ETF). This development comes after the Cboe BZX Exchange…
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1 year, 11 months agoBrevan Howard, Hamilton Lane to Tokenize Assets on Libre Protocol
Brevan Howard and Hamilton Lane are set to become the first asset managers to tokenize assets on the upcoming Libre protocol. This Web3 infrastructure provider is backed by Brevan Howard’s WebN and Nomura’s Las…
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1 year, 11 months agoSpot Bitcoin ETF Approval Could Trigger Billions in Market Inflows
The decision on the spot Bitcoin Exchange-Traded Fund (ETF) is anticipated today, with predictions of a significant market impact. Several crypto experts foresee billions of dollars of inflows into the market…
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1 year, 11 months agoSpot Bitcoin ETF Fee Wars Intensify Amid SEC Decision Anticipation
In a recent development, several firms have cut down their proposed fees, a move that is seen as a response to the escalating industry competition and the anticipation of the U.S. Securities and Exchange…
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1 year, 11 months agoCardano's Current Consolidation May Precede Major Bull Run, Predicts Analyst
Crypto analyst Ali Martinez has made a long-term price prediction for Cardano (ADA), suggesting a significant increase, albeit after some potential short-term decline. The price of ADA has recently been on a…
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1 year, 11 months agoBitGo Receives In-Principle Approval as Major Payment Institution in Singapore
BitGo, a digital asset custody provider, has been granted in-principle approval by the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI). This regulatory approval allows BitGo to…
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1 year, 11 months agoFormer FTX CEO Retains New Counsel Ahead of Sentencing Hearing
Sam “SBF” Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has retained new legal representation ahead of his sentencing hearing for seven criminal charges. The notice was filed on January 9 in the Uni…
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1 year, 11 months agoTurkey Prepares Crypto Legislation, Aims to Exit FATF Grey List
Mehmet Şimşek, Turkey’s Minister of Treasury and Finance, has revealed some details about the country’s upcoming crypto legislation. The government is set to license trading platforms, provide legal defin…
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1 year, 11 months agoCelsius Seeks to Retrieve Funds Amid Bankruptcy and Restructuring
Bankrupt crypto lending firm Celsius has filed an intent to retrieve funds from those who withdrew $100,000 or more in the three-month period leading up to the firm’s bankruptcy filing.Celsius, the crypto lender t…
