Following a successful Arbitrum airdrop in 2023, the price of ARB has skyrocketed by 30%. The excitement surrounding a potential ETH ETF has contributed to the upward momentum. As beta plays for layer-2 scaling solutions gain prominence, the chances of an ETH ETF approval by the SEC are growing. The recent approval of Spot Bitcoin
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In a groundbreaking development, Grayscale has announced that its spot Bitcoin ETF proposal has been approved by the U.S. Securities and Exchange Commission (SEC) on January 10. This approval marks a significant milestone for both GBTC investors and the entire crypto industry. Grayscale CEO Michael Sonnenshein expressed his excitement, emphasizing the potential of cryptocurrencies to
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Lucky Block Casino has recently launched the highly anticipated whitepaper, unveiling a host of utility features for their newly integrated $LBLOCK V2 token. This ERC20 token operates on the Ethereum blockchain and has already made a significant impact within the iGaming industry. With the successful pivot to becoming a full-fledged iGaming platform, Lucky Block Casino
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On Tuesday, the official Twitter account of the Securities and Exchange Commission (SEC) came under attack, as it was apparently hacked. A tweet was posted, falsely claiming that Bitcoin ETF applications had been approved. This fake news sent shockwaves through the crypto community, highlighting the widespread anticipation surrounding the long-awaited approval of a Bitcoin ETF.
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Prominent analysts in the crypto space have observed signs of a bullish breakout for Ethereum, the second-largest cryptocurrency by market capitalization. According to World Of Charts, Ethereum is currently showing consolidation within a bullish pennant pattern. This technical formation typically suggests a continuation of the upward trend for Ethereum. The analyst predicts that if Ethereum
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In a recent announcement, crypto exchange Binance confirmed that its application, along with several other foreign-based exchange applications, has been removed from Apple’s Indian App Store. This move comes as a result of new changes introduced by Apple regarding crypto exchanges on its iOS platform in India. The impacted exchanges include Kraken, MEXC Global, HTX
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In a surprising turn of events, the Securities and Exchange Commission (SEC) announced on January 9th that their official Twitter account had been compromised. The hackers took advantage of the vulnerable account and made a false announcement regarding the approval of spot Bitcoin ETFs. The following day, the SEC confirmed the hack and provided more
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The US Securities and Exchange Commission (SEC) is currently evaluating the approval of Spot Bitcoin exchange-traded funds (ETFs). This decision has significant implications for the cryptocurrency market and the future of institutional investment in digital assets. Meanwhile, the Depository Trust and Clearing Corporation (DTCC) has listed the Spot ETF tickers from VanEck and WisdomTree on
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Decentralized Finance (DeFi) has gained significant attention and popularity in recent years, attracting both investors and enthusiasts. However, a comprehensive report titled “Decentralized Finance” by the CFTC’s Digital Assets and Blockchain Technology Subcommittee sheds light on the inherent risks and challenges associated with this rapidly growing field. Spearheaded by CFTC Commissioner Christy Goldsmith Romero, the
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Bitcoin’s recent rapid decline in USD value from $45,400 to $40,400 triggered significant long liquidations, marking the third-highest volume since the bear market’s lowest point in November 2022. However, analysis from IntoTheBlock reveals an intriguing trend in the market. It appears that large holders of Bitcoin, who possess over 1% of the total supply, have
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In recent times, Dr. Craig S. Wright, the founder of Bitcoin SV (BSV) and self-proclaimed Satoshi Nakamoto, has been vocal about Bitcoin’s foundational principles. His discussions about the original intent of Bitcoin, as outlined in the Bitcoin white paper, have sparked renewed interest in the crypto community. Wright’s critiques on the misuse of Bitcoin’s initial
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As the realms of technology and digital ownership constantly evolve, the emergence of Non-Fungible Tokens (NFTs) has revolutionized the concept of digital assets. However, a new frontier is now on the horizon – Autonomous NFTs. These innovative tokens combine the uniqueness of NFTs with self-governing capabilities through the use of smart contracts. In this article,
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The cryptocurrency market is known for its volatility and ever-changing trends. To navigate this complex space, investors often turn to technical analysis indicators such as the Relative Strength Index (RSI) to gauge the momentum of different assets. Santiment, an analytics firm, has recently shared insights into altcoins that are currently exhibiting bullish and bearish divergences
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Samsung and Google have been tight-lipped about their upcoming mixed reality headset, designed to compete with Apple’s Vision Pro. However, a recent announcement unveils that both tech giants will be incorporating the newer version of Qualcomm’s XR chips into their headsets. This groundbreaking technology promises to deliver immersive visuals and enhance the depth and realism
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The Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has recently issued a cautionary advisory with regards to investing in crypto assets. He emphasized the risks associated with these investments, including regulatory non-compliance, volatility, and potential fraudulent activities. Gensler raised concerns that entities offering crypto investments may not be abiding by relevant
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In Binance’s latest Proof-of-Reserves report, it has been revealed that the exchange holds an ample amount of XRP to cover customer balances. With a ratio of 104.26%, Binance demonstrates its commitment to financial transparency and integrity. This ratio indicates that the exchange has more than enough reserves to fully back all customer funds. The Proof-of-Reserves
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Cryptocurrency analyst and advocate Scott Melker recently made bold projections regarding a massive inflow into Bitcoin following the approval of a BTC Spot Exchange-Traded Fund (ETF). However, several crypto analysts have voiced their disagreement and criticized Melker’s inflated projections. Melker suggested that $570 billion could potentially be invested in a Bitcoin ETF, which would represent
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Cryptocurrency exchanges and Bitcoin exchange-traded funds (ETFs) have gained significant attention in recent years. With the potential approval of a spot Bitcoin ETF, analysts have raised questions about the pricing structures of crypto exchanges and the implications for ETF issuers. This article critically analyzes the fees charged by exchanges and the cost of holding Bitcoin
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