Rootoshi
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10 months, 2 weeks agoSpeculation Rises on SEC Approval of Ethereum ETF in 2023
The US Securities and Exchange Commission (SEC) has recently given the green light to a spot Bitcoin ETF, albeit somewhat reluctantly. This has sparked speculation about when the agency will approve an…
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10 months, 2 weeks agoBitcoin Prices Drop Amid ETF Launch and FTX Bankruptcy
Bitcoin prices took a significant hit on Friday, dropping nearly 10% and falling below the $42,000 mark. This sudden downturn came as a surprise, especially after the cryptocurrency had reached a two-year high of…
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10 months, 2 weeks agoEthereum Whale's $37M Transfer to Coinbase Triggers Market Price Concerns
An Ethereum whale recently transferred approximately 15,000 ETH, equivalent to around $37 million, to Coinbase, the leading cryptocurrency exchange. This significant transaction was reported by Whale Alert, a…
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10 months, 2 weeks agoBitcoin ETF Approval Sparks Volatility Amid Market Uncertainty
Despite the initial optimism that followed the approval of Bitcoin ETFs, the cryptocurrency experienced an unexpected decline, dropping over 7% from $49,000 to an intraday low of $45,644. This unexpected decline…
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10 months, 2 weeks agoHedera Council Allocates 4.86 Billion HBAR for Network Development
The Hedera Council, the governing body of the Hedera network, has given the green light to allocate 4.86 billion HBAR — Hedera Hashgraph’s native cryptocurrency, for further development and advanced dec…
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10 months, 2 weeks agoTruck Driver Turns $650 into $1.7 Million with SHIB Investment
In a remarkable turn of events, an American truck driver’s life was transformed when his $650 investment in the Shiba Inu meme token (SHIB) ballooned to $1.7 million. The driver, who remains anonymous, made the i…
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10 months, 2 weeks agoGenesis Global Trading Settles for $8M Over Compliance Failures
Genesis Global Trading, a subsidiary of Digital Currency Group (DCG), has agreed to a settlement with the New York Department of Financial Services (NYDFS) on January 12th. The settlement includes an $8 million…
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10 months, 2 weeks agoCitigroup Cuts 20,000 Jobs Following Quarterly Loss
Following a surprising quarterly loss, US banking giant Citigroup plans to cut 20,000 jobs in the medium term. CEO Jane Fraser reported a “disappointing” final quarter with a loss of $1.8 billion. She ant…
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10 months, 2 weeks agoBanking Compensation Battles Loom Amid Varied Revenue Performances
Marco Valla, who joined from Barclays last year, is leading a new initiative and has already made at least ten subsequent hires. The team is set to be the 12th for 2022, leaving six more spots to fill. In other…
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10 months, 2 weeks agoRobert Kiyosaki Forecasts Six-Figure Bitcoin Amid US ETF Approvals
Robert Kiyosaki, the author of Rich Dad Poor Dad, has made a bold prediction for Bitcoin (BTC), forecasting a six-figure price as US regulators approve a series of spot exchange-traded funds (ETF). Kiyosaki shared…
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10 months, 2 weeks agoSEC Approves Spot-Bitcoin ETFs Amid Controversy and Delays
For the past six months, nearly a dozen providers have been awaiting the green light from the U.S. Securities and Exchange Commission (SEC) to launch the first spot-based Bitcoin ETF. For years, the agency has…
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10 months, 2 weeks agoSingapore's MAS to Gain More Authority under New Financial Bill
The Monetary Authority of Singapore (MAS) is set to gain more authority under a new law currently under consideration in the country’s parliament. This law could have significant implications for crypto companies i…
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10 months, 2 weeks agoDo Kwon's Legal Team Seeks Trial Delay Amid Extradition Challenges
The legal proceedings involving Do Kwon, the ex-CEO of Terraform Labs, have taken a new turn. Kwon’s legal team has requested a delay in the Securities and Exchange Commission (SEC) trial. The request for p…
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10 months, 2 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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10 months, 2 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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10 months, 2 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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10 months, 2 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, 2 weeks 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, 2 weeks 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, 2 weeks 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…
