On Tuesday, the Twitter account of the Securities and Exchange Commission (SEC) was hacked, leading to a false tweet claiming that Bitcoin ETF applications had been approved. This incident triggered chaos and once again highlighted the ongoing anticipation surrounding the long-awaited development of a Bitcoin ETF. The news of the supposed approval caused a rapid
Celsius, the once-prominent cryptocurrency platform that underwent bankruptcy and recently shifted its focus to Bitcoin mining, has faced criticism for its latest controversial move. The platform has targeted former clients who withdrew their funds before the company had the chance to freeze them. This action has drawn outrage from users as Celsius attempts to label
The U.S. Securities and Exchange Commission (SEC) has given its approval to Grayscale’s spot Bitcoin ETF proposal, marking a significant milestone for both GBTC investors and the potential transformation of the crypto industry. Grayscale CEO Michael Sonnenshein expressed his gratitude, acknowledging the patience and support of GBTC investors and the dedication of Grayscale and its
The digital collectibles market is about to experience a seismic shift with the launch of Universal Page’s NFT platform. Co-founded by former Meta and Amazon employees, Jake Prins and Vlad Lykhonis, this groundbreaking platform is set to revolutionize the blockchain experience and make digital collectibles more accessible than ever before. Democratizing Digital Ownership Universal Page’s
Ethereum, the second-largest cryptocurrency by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. According to the analysts, Ethereum shows consolidation within a bullish pennant pattern. This technical formation typically suggests a continuing upward trend in Ethereum’s case. According to World Of Charts, if
The cryptocurrency market has witnessed an unprecedented surge in the popularity of DEX-traded tokens. These tokens have garnered significant attention due to their massive price explosions, and one token that has recently taken the spotlight is BONG token. With a staggering +20,000% price explosion, BONG token has become the talk of the town, attracting traders
The Indian App Store has recently removed several cryptocurrency exchange applications, including Binance, Kraken, MEXC Global, HTX, and Gate.io. This move is consistent with Apple’s strict stance on crypto-related apps. While Binance South Asia emphasized that existing app users are unaffected, the removal raises concerns about the regulatory challenges faced by offshore crypto trading platforms
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
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