On January 9th, the U.S. Securities and Exchange Commission (SEC) faced a major embarrassment when their official Twitter account, @SECGov, was compromised. The hacker announced that spot Bitcoin ETFs had been approved, causing a ripple effect in the cryptocurrency community. The following day, the SEC confirmed that the account was indeed hacked, blaming an unidentified
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The highly anticipated approval of a spot Bitcoin Exchange-Traded Fund (ETF) has been a subject of discussion among the crypto community. However, a recent revelation by Fox Reporter Eleanor Terrett sheds light on a procedural aspect of the U.S. Securities and Exchange Commission (SEC) that could have a significant impact on the approval process. This
The approval of Spot Bitcoin ETFs by the United States Securities and Exchange Commission (SEC) has been a topic of discussion in the cryptocurrency industry. As the SEC prepares to make its final decision, the Depository Trust and Clearing Corporation (DTCC) announced the official listing of the Spot ETF tickers from VanEck, a prominent investment
Decentralized Finance (DeFi) has become the latest buzzword in the world of cryptocurrencies and blockchain technology. While it promises to revolutionize the financial industry by eliminating intermediaries and increasing accessibility, a new report released by the CFTC’s Digital Assets and Blockchain Technology Subcommittee sheds light on the risks and challenges inherent in this emerging field.
A recent report by Kaiko has shed light on the significant decline in liquidity for privacy tokens. According to the findings, the liquidity for these tokens has plummeted to an all-time low of just $5 million. This alarming drop can be attributed to the delisting of several trading pairs by OKX, a renowned cryptocurrency exchange.
Bitcoin’s recent price dip has triggered the third-highest volume of long liquidations since the bear market reached its lowest point in November 2022. However, a closer analysis by IntoTheBlock reveals an interesting trend in the market. Large Bitcoin holders, who own more than 1% of the total supply, have actively accumulated a substantial amount of
The cryptocurrency community has been buzzing with discussions about Bitcoin SV (BSV), its founder Dr. Craig S. Wright, and the original intent of Bitcoin as outlined in the Bitcoin white paper. Dr. Wright’s assertive comments regarding the misuse of Bitcoin’s initial vision have garnered attention and resonated with some investors. This renewed interest has coincided
The cryptocurrency market is known for its volatility, with prices constantly fluctuating. To navigate this market successfully, investors and traders rely on various indicators and metrics. One such metric is the Relative Strength Index (RSI), which measures the momentum of price changes in an asset. In this article, we will explore some altcoins that are
The landscape of technology is constantly evolving, and with it, the concept of digital ownership and interaction is being redefined. One significant development in this realm is the emergence of Autonomous NFTs (Non-Fungible Tokens). Autonomous NFTs blend the uniqueness of NFTs with the self-executing properties of smart contracts, taking the concept of NFTs to a
As crypto markets brace for major movements, Bitcoin SV price has undertaken a major +2-% BSV price pump, leaving some side-lined traders asking ‘is it too late to buy Bitcoin SV?’. However, question marks remain over ongoing BSV price action due to an imminent removal of support for BSV on the Coinbase app. This could
The U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler, recently issued a cautionary advisory regarding crypto asset investments. As the deadline for the approval of a spot Bitcoin exchange-traded fund (ETF) approaches, Gensler emphasized the risks associated with investing in cryptocurrencies. He highlighted regulatory non-compliance, volatility, and potential fraudulent activities as key concerns. Non-Compliance
Samsung and Google have come together in a highly anticipated partnership, teaming up with Qualcomm to develop a groundbreaking mixed reality headset. This new device, set to challenge Apple’s Vision Pro, promises to redefine the world of extended reality (XR) with its cutting-edge technology and enhanced immersive experiences. Qualcomm Technologies, Inc. has taken the XR
Bloomberg analyst Eric Balchunas recently raised an interesting question about the potential effects of a spot Bitcoin ETF approval on the pricing structures of crypto exchanges. He suggested that the low fees offered by some prominent exchanges might be forced to be reconsidered. However, digital asset custody platform Custodia Bank’s Caitlin Long expressed concerns about
In recent times, the approval of Bitcoin Spot Exchange-Traded Fund (ETF) has sparked immense interest in the cryptocurrency community. Scott Melker, a prominent cryptocurrency analyst and advocate, took to social media to share his projections regarding a potential influx of funds into Bitcoin following the approval of the ETF. While Melker’s projections were met with