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
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
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
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
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,
As the cryptocurrency markets prepare for significant movements, the price of Bitcoin SV (BSV) has experienced a notable +2-% pump, leading some onlookers to question whether it is too late to buy Bitcoin SV. This surge in price comes at a pivotal time, with important events on the horizon such as the Bitcoin Spot ETF
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
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
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
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
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
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
In recent months, we have witnessed an unprecedented surge in explosive moves within the decentralized exchange (DEX) market, particularly in the realm of memecoins. Coins like BONKITA, SAMBO Bot, SOLAREUM, and Joe on SOL have captured the attention of traders with their astronomical gains. However, amidst this frenzy, one coin has stood out – TUCKER
The world of cryptocurrencies has experienced a boom in recent years, with Bitcoin taking the lead as the most popular digital asset. However, while Bitcoin’s value soared to new heights in 2023, an unexpected trend emerged in the realm of Bitcoin ATMs. Coin ATM Radar, a leading tracker of crypto ATMs, reported a significant decline
Ethereum, the king of altcoins, has been gaining significant support from its largest holders, commonly known as whales. These influential players in the cryptocurrency market have been on a relentless buying spree, driving the price of Ethereum to new heights. The increasing accumulation of ETH by these whales hints at their confidence in the future
In 2023, the cryptocurrency industry witnessed a significant decline in security incidents, according to CertiK’s latest report. The total losses amounted to $1.84 billion, a 51% decrease from the previous year. This article will delve into the key findings of CertiK’s report and shed light on the vulnerabilities and challenges faced by the crypto industry.
The crypto industry has been witnessing significant advancements in Layer-2 (L2) scaling solutions, and one platform that has been making waves is Arbitrum. Since the launch of its native token, ARB, in March 2023, Arbitrum has been on an impressive upward trajectory. The protocol’s recent surge in value, along with its surpassing of Ethereum (ETH)
Solana co-founder Anatoly Yakovenko is confident that their blockchain can meet the increasing demand for decentralized applications (dapps) without the need for layer-2 solutions, unlike Ethereum. In a recent post, Yakovenko emphasized Solana’s design, which utilizes a hybrid consensus mechanism, enabling it to scale efficiently without relying on additional layers. According to Yakovenko, the goal
Bitcoin ETF applicant VanEck has made a significant commitment to the development of the Bitcoin Core network. VanEck plans to donate 5% of its fund’s profits to Bitcoin Core developers, provided it receives approval from the U.S. Securities and Exchange Commission (SEC). This pledge has the potential to be a lifeline for developers who often
News surrounding the approval of spot Bitcoin exchange-traded funds (ETFs) has been met with delays, leaving investors and enthusiasts eager for updates. As the US Securities and Exchange Commission (SEC) moves at its own pace, speculation persists about when the long-awaited approval will finally come. In this article, we will examine the latest developments surrounding
In January of 2023, the world watched as YouTuber CoffeeZilla exposed the dark truth behind Logan Paul’s CryptoZoo project. What seemed like an exciting and innovative venture turned out to be nothing more than smoke and mirrors. Participants were enticed to purchase egg NFTs, with the promise of a thrilling gaming experience where they could
Celestia (TIA) has experienced significant growth since its launch on the Osmosis platform on October 31, 2023. Initially starting off modestly, TIA’s price has shown a volatile yet upward trajectory over time. Despite the inherent fluctuations in the crypto market, TIA has managed to increase its valuation multiples over the past months. This cryptocurrency now
The Shiba Inu Layer 2 Shibarium network has demonstrated impressive resilience and recovery after the holiday season. This time around, the layer 2 network is celebrating a major milestone, crossing a total of 250 million transactions processed since its launch last year. The recent surge in transactions comes following a decline at the start of
The rise of big data has paved the way for the utilization of artificial intelligence (AI) across various industries. In the finance sector, AI algorithms are revolutionizing traditional practices by extracting valuable insights from vast amounts of market information. This transformative power of AI is particularly evident in the world of cryptocurrency trading, where AI-driven
The Web3 gaming sector is on the rise, with a multitude of games expanding their horizons and captivating players around the world. One game that stands out in this landscape is “SERAPH: In the Darkness,” an immersive dark-themed ARPG built on the Arbitrum One blockchain. With its recent conclusion of the third round of closed
Cryptocurrency enthusiasts have witnessed a significant decline in prices over the past day, with XRP being one of the worst affected. The value of XRP has plummeted by 10%, causing a seismic shift reminiscent of the drastic market volatility experienced in August of the previous year. The rapid decline in price has led to a
The decentralized exchange (DEX) market has been witnessing a surge in meme coins, with many experiencing unprecedented price pumps. One such memecoin that has caught the attention of FOMO traders is BONKITA, a spin-off token riding on the popularity of the BONK narrative. In its first 8 hours of trading, BONKITA gained significant traction, thanks