Since the successful Arbitrum airdrop in 2023, the price of ARB has surged by 30%, fueled by the hype surrounding a potential ETH ETF. The demand for layer-2 scaling solutions and the growing anticipation of an approved ETH ETF has propelled arbitrum’s price chart to new heights. The recent approval of Spot Bitcoin ETFs by
In a significant development for the cryptocurrency and Bitcoin market, the United States Securities and Exchange Commission (SEC) has approved all 11 spot Bitcoin ETFs submitted by the world’s largest asset managers. This approval marks a groundbreaking milestone in the maturation of the cryptocurrency market, paving the way for increased institutional and retail investor participation.
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
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 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
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
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.