Georgia Rep. Mike Collins Invests Heavily in Ether Amid Market Surge

Georgia Representative Mike Collins has disclosed the purchase of up to $65,000 worth of Ether (ETH) in 2024, according to documents filed with the U.S. House of Representatives. The filings, dated January 9, reveal that Collins bought up to $15,000 worth of ETH on January 3 and an additional $50,000 on January 8. This is […]

CBOE Confirms Bitcoin Spot ETPs Trading, Awaits SEC Approval

The Chicago Board Options Exchange (CBOE) has released notifications confirming the commencement of trading for several eagerly awaited Bitcoin spot Exchange Traded Products (ETPs) at 9:30 am ET on Thursday. The confirmed ETPs include the VanEck Bitcoin Trust (HODL), the Fidelity Wise Origin Bitcoin Fund (FBTC), and the ARK 21Shares Bitcoin ETF (ARKB), as stated […]

Shiba Inu Community Ventures into Internet Domains, Boosts Burn Rate

Shytoshi Kusama, the lead developer of Shiba Inu, recently unveiled substantial development plans for the meme coin, injecting a wave of optimism into the broader cryptocurrency market. The Shiba Inu community is at the forefront of these initiatives, working on curating a “network state” to revolutionize support for both Web2 and Web3 collectively. This strategic […]

Anticipation Builds for SEC Approval of Bitcoin ETFs

The United States Securities and Exchange Commission (SEC) is on the verge of approving Bitcoin BTC exchange-traded funds (ETFs), a development eagerly awaited by both news media and traders. Bloomberg senior ETF analyst Eric Balchunas expressed his anticipation with a post on X (formerly Twitter) in the early hours of Jan. 10, stating, “Happy ETF […]

Valkyrie Funds CIO Foresees Potential Ethereum, XRP ETFs Approval

Steve McClurg, co-founder and chief investment officer of Valkyrie Funds, has hinted at the potential approval of Ethereum or XRP exchange-traded funds (ETFs) following the anticipated launch of spot Bitcoin ETFs. This prediction is based on the U.S. Securities and Exchange Commission (SEC) which is reportedly likely to approve Valkyrie’s Bitcoin ETF, with trading expected […]

Imminent SEC Approval Expected for Eleven Spot Bitcoin ETFs

Bloomberg Terminal has listed all eleven spot Bitcoin exchange-traded funds (ETF) following their appearance on brokerage platforms, indicating an imminent SEC approval. Bloomberg ETF analyst Eric Balchunas broke the news of the listing and anticipates the regulator will officially announce the approval within a few hours, between 4 pm to 6 pm Eastern time. These […]

1inch DAO Votes for Legal Advisory Services Amid Regulatory Scrutiny

In a historic move, 1inch DAO, the entity behind the 1inch Network, has voted to secure “legal advisory services” from STORM Partners. This decision comes amid growing regulatory scrutiny on the crypto and decentralized finance (DeFi) sectors.Following a vote that ended on January 9, which was overwhelmingly supported by the 1inch community, holders decided to […]

Hong Kong Prepares to Launch Spot Bitcoin and Crypto ETFs

Asset management companies are gearing up to introduce spot Bitcoin and crypto Exchange-Traded Funds (ETFs) in Hong Kong, according to Livio Weng, the Chief Operating Officer (COO) of HashKey Group. In an interview with Chinese local media outlet Caixin, Weng revealed that seven to eight of these companies are in the advanced stages of launching […]

Valkyrie Funds CIO Foresees Potential Ethereum, XRP ETFs After Bitcoin

Steve McClurg, co-founder and chief investment officer of Valkyrie Funds, has hinted at the potential approval of Ethereum or XRP exchange-traded funds (ETFs) following the anticipated launch of spot Bitcoin ETFs. This prediction is based on the U.S. Securities and Exchange Commission’s (SEC) likely approval of Valkyrie’s Bitcoin ETF, with trading expected to start as […]

Bitcoin Rises as SEC Nears ETF Approval, Bitbot Prepares for Launch

Bitcoin is currently trading above $46k, with market experts predicting a further increase if the US SEC approves a spot Bitcoin ETF. This approval could potentially cause Bitcoin’s price to soar even higher. At the time of writing, Bitcoin’s price stands at $46,239, marking an increase of over 1% in the last 24 hours.As the […]