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Analyst Says Bitcoin Price Crashed Before Gensler’s Tweet: It “Was a Reaction to What was Believed to be Real News”
10.1.2024
Source: Getty Images A new analysis has revealed that the recent Bitcoin price crash was a reaction to what was believed to be genuine news of spot ETFs getting approved, resulting in a classic “sell the news event.” The analysis, conducted by Matteo Greco, research analyst at Fineqia...
Arbitrum Dominates with Nearly 50% of Ethereum Layer 2 Total Value Locked
10.1.2024
Source: Adobe / Rafael Henrique The Ethereum-based layer 2 network Arbitrum has shown significant strength in the market, with its native token, ARB, outperforming a number of other smart contract tokens over the past 30 days. According to data from CoinMarketCap, ARB has now risen some 75% during...
Fallout From Falsely Confirmed Approval of Spot BTC ETFs + More Crypto News
10.1.2024
Source: AdobeStock / Angelov Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Fallout From Falsely Confirmed Approval of Spot BTC ETFs Crypto Exchanges to Gross Over $50Bn in 2024 Binance Labs-Backed...
OneCoin Crypto Scam: German Court Sentences Fraudsters to Jail
10.1.2024
Source: Svetoslav Radkov/Adobe Founders of the infamous OneCoin cryptocurrency scam have been sentenced to several years in jail by a German court. A German court in Münster on Monday handed down sentences to key accomplices involved in the OneCoin crypto fraud case. The couple Frank Ricketts...
Altcoins Weekly Losses Grow as Market Liquidations Continue
10.1.2024
Pixabay Cryptocurrencies face market corrections days into 2024 based on several factors ranging from trader gripping reports, a fake spot Bitcoin (BTC) ETF social media post, and other factors. On-chain data shows declining asset prices in the second week of the year, especially around altcoins...
SEC Faces Backlash from Crypto Leaders for Erroneous Bitcoin ETF Tweet
10.1.2024
Source: Adobe/Kristina Blokhin The Securities and Exchange Commission (SEC) has found itself in hot water after an unauthorized tweet on its official account suggested that spot Bitcoin exchange-traded funds (ETFs) had been approved. The incident, which caused significant volatility in the crypto...
Binance Reveals AI Tokens Outperform BTC and ETH With up to 650% Yearly Gains
10.1.2024
Source: AdobeStock / Limitless Visions Binance Research has found that artificial intelligence (AI) coins in 2023 saw notably larger gains than crypto giants bitcoin and ethereum. At the same time, funding for AI-related Web3 projects has surged. According to a report by the research arm of...
Liquidity Pool Comprising PayPal’s PYUSD Stablecoin on Curve Locks $135 Million in Value
10.1.2024
Source: iQoncept/Adobe A liquidity pool comprising PayPal’s dollar-backed stablecoin PYUSD on Curve has locked $135 million in total value, an indication that the stablecoin is gaining traction in decentralized finance (DeFi). The new liquidity pool, known as the FRAXPYUSD pool, went live...
ProShares Bitcoin Strategy ETF (BITO) Surpasses $2 Billion in Assets, Sets All-Time High
10.1.2024
Image Source: Adobe The ProShares Bitcoin Strategy ETF (BITO), an exchange-traded fund focused on Bitcoin (BTC) futures, has amassed over $2 billion in assets, reaching an all-time high. According to data by YCharts, BITO’s assets stood at $2,010,057,946 as of the market close on January...
Two US Senators Ask SEC to Deliver Report to Congress on Breach of X Account
10.1.2024
Source: AdobeStock/ rarrarorro Two United States senators, J.D. Vance and Thom Tillis, have raised concerns about the recent breach of the United States Securities and Exchange Commission’s (SEC) X (formerly Twitter) account. In a letter addressed to SEC Chair Gary Gensler on the same day...
Key Price Drivers for Bitcoin This Month + More Crypto News
9.1.2024
Source: AdobeStock / Vitor Miranda Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In this edition: Key Price Drivers for Bitcoin This Month CoinTracking Crypto News Today: Crypto Tax Tool for UK Investors Launched...
Solana Ecosystem Boasts Over 2,500 Monthly Active Developers, Reports Solana Foundation
9.1.2024
Source: AdobeStock / Aleksandra Sova The Solana (SOL) ecosystem now boasts more than 2,500 monthly active developers, according to the Solana Foundation. In a comprehensive report released on January 9, the foundation highlighted that the network has maintained a consistent range of 2,500 to 3,000...
Singapore’s MAS Adds Crypto Wallet imToken to its Investor Alert List
9.1.2024
Source: iStock The Monetary Authority of Singapore (MAS) has recently added the non-custodial crypto wallet imToken to its Investor Alert List. The list provides a record of unregulated persons who “may have been wrongly perceived as being licensed or regulated by MAS.” The inclusion of imToken...
VanEck, Bitwise Surge Ahead in Bitcoin ETF Race with $200 Million Commitment
9.1.2024
Source: Pixabay VanEck has committed $72.5 million in seed capital for its ETF. Bitwise has allocated $500,000. These figures come from S-1 documents filed with the U.S. Securities and Exchange Commission (SEC). Per the filings, Bitwise is offering a $200 million investment opportunity, with...
Crypto Exchange Listing and Delisting Announcements: January 8, 2024
9.1.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
Biggest Crypto Gainers Today on Uniswap – PNDC, BSSB, BIGTIME
8.1.2024
Uniswap. Source: Adobe / vladim_ka While crypto markets are enjoying a modest rally on Monday, PNDC, BSSB and BIGTIME are the biggest crypto gainers today on Uniswap. BTC is near $45,000 as investors await imminent expected approval of spot Bitcoin ETFs in the US. ETH, meanwhile, was last in...
Vitalik Buterin’s Advice on Prudent Investing Draws Skepticism Among Crypto Investors
8.1.2024
Source: Pixabay Ethereum co-founder Vitalik Buterin responded “awful advice” to a post on X that warned investors not to diversify their portfolios. Commenting on the post, Buterin offered practical financial advice, stressing the value of diversification. In his guide to prudent investing,...
Former DCG Advisor Larry Summers Named Among Academics Linked to Epstein List
8.1.2024
Image Source: Harvard Magazine Larry Summers, a former Digital Currency Group (DCG) advisor, has been named as one of several academics in connection with the infamous American financier Jeffrey Epstein. The link has come to light as part of a recent disclosure of court documents, infamously known...
Solana Memecoins Continue Freefall of Over 70% After December Boom
8.1.2024
Source: Pixabay Meme coins on the Solana blockchain have continued their rapid drop after a surge in December. The Solana blockchain previously drew attention in December after bonk tokens experienced a rally of over 1000%. SOL, Solana’s native token, even exceeded the market capitalization...
Bloomberg Analysts Predict Over 90% Chance of US Approval for Bitcoin ETF, Polymarket Trims Odds to 83%
8.1.2024
Source: iStock/pichet_w Bloomberg analysts are increasingly optimistic about the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, with the odds now exceeding 90%. In a recent post, Bloomberg ETF analyst Eric Balchunas commented on the likelihood of the Securities...