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Watchdog Group Warns SEC: Reject Spot Bitcoin ETFs or Face ‘Financial Carnage’

Financial watchdog group Better Markets has called on the US Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), warning that they “will inflict
Blockchain

DCG completes repayment of $700 million Genesis debt

Digital Currency Group (DCG) has announced the successful settlement of approximately $700 million in short-term loans owed to now-defunct crypto lending platform Genesis The settlement is part of
Blockchain

XRP News: Why The January 11 Court Hearing Is Critical For Ripple And The Crypto Industry

January 11 has been set as the day for the court hearing in the case between Ripple and a class of XRP investors in what has been a long-running legal battle The outcome of the case is of huge
Blockchain

2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months

Recent statistics indicate that in the past six months, a substantial 215 million ethereum has been allocated to liquid staking derivatives protocols As of Jan 6, 2024, Lido Finance holds a dominant
Blockchain

Crypto Analyst Predicts Dramatic Rise In Cardano (ADA) Price, Here’s The Target

Crypto analyst Guy Turner has predicted that Cardano (ADA) could experience a significant price surge soon enough The analyst also gave an insight into what price levels the crypto token could hit
Blockchain

Bitcoin developer fails to rally support for ‘bug fix’ to stop Ordinals, inscriptions

In a recent development that has stirred the Bitcoin community, developer Luke Dashjr’s proposal to address the congestion caused by Ordinals and BRC-20 tokens on the Bitcoin network has been
Blockchain

Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs

During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value This downturn has relegated the crypto asset to the fifth position in market rank,
Blockchain

Bitcoin Spot ETF: VanEck’s Head Of Research Says BlackRock Has $2 Billion In Investments Lined Up

VanEck’s Head of Research, Matthew Sigel, recently hinted that the Spot Bitcoin ETF of the world’s asset manager, BlackRock, could see a record-breaking amount of inflows upon launch This comes
Blockchain

Low Turnout: 39% Predict Spot Bitcoin ETF Approval By SEC In 2024, Survey Says

This year, the spot Bitcoin ETF approval by the US Securities and Exchange Commission (SEC) is deemed certain by just 39% of financial advisors, according to a recent survey The survey’s
Blockchain

Weekly NFT Sales Record Minor Ebb While Bitcoin Maintains Dominance

According to recent data, sales of non-fungible tokens (NFTs) over the last week declined by 131% to $30823 million, a decrease of $409 million from the prior week’s $31232 million NFTs
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Is Bitcoin’s Rally Over? Leverage Drops As Halving Highs Fade: Report

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Recent trends in the crypto market have indicated a notable shift in trader behavior, particularly among those investing in Bitcoin Using data from CryptoQuant, Bloomberg has revealed that the

Polygon leads in EVM efficiency as DeFi users favor low transaction costs

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Layer-1 blockchains are foundational networks supporting various applications directly on their protocol, while Layer-2 blockchains operate atop these foundational layers, enhancing scalability and

Bitcoin’s Future: Why The Samourai Wallet Case Matters To Every User

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On Wednesday, the Bitcoin industry was rocked by the arrest of Keonne Rodriguez and William Lonergan Hill, the CEO and CTO of the crypto mixer service Samourai Wallet The US Department of Justice

Bitcoin stabilizes near $63,000 as U.S. economic growth decelerates.

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Quick Take Data from Trading Economics shows the United States economy grew at an annualized rate of 16% in the first quarter of 2024, falling short of the forecasted 25% and slowing down from the

SEC Anticipated To Reject Spot Ethereum ETFs In Upcoming Decision, ETH Price Takes 5% Hit

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Over the past 24 hours, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a significant 5% price drop This drop comes amid growing speculation that the
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