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Bitcoin ETF Hurdles: Cash Redemptions, Hard Forks, Authorized Participant Disclosure Discussions With SEC
Thursday, January 4, 2024 - 6:26pm | 522Read More...Even as firms seeking approval for a spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) held several rounds of meetings with the U.S. Securities and Exchange Commission (SEC), the discussions have revolved around the model of redemption, hard forks in blockchain...
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Crypto Carnage Looms: SEC Leans On Terraform Case To Hammer Coinbase, Binance
Thursday, January 4, 2024 - 6:05pm | 715Read More...The U.S. Securities and Exchange Commission (SEC) is utilizing a recent victory in its case against Terraform Labs to bolster its ongoing legal battles with major cryptocurrency exchanges Binance (CRYPTO: BNB) and Coinbase Global Inc. (NASDAQ: COIN) In a legal document related to its lawsuit...
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Visa's Web3 Play: A New Era For Customer Engagement?
Thursday, January 4, 2024 - 5:36pm | 425Read More...Payments giant Visa Inc (NYSE: V) Thursday announced the launch of its Web3 Loyalty Engagement Solution, a pioneering service designed to transform customer engagement and loyalty in the digital era. This new platform offers an innovative approach for brands to interact with their customers in...
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Bitcoin Boom Or Bust? Investor Surge Meets Analyst Caution Over ETF Risks
Thursday, January 4, 2024 - 3:58pm | 592Read More...Digital asset investment products saw a striking rebound in 2023, recording $2.25 billion in inflows, marking the third-largest year since 2017. This recovery was over 2.7 times greater than 2022's figures, according to Coinshares. A substantial portion of this recovery occurred in the...
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Stablecoin Mayhem Rocks Crypto Market: USDC/USDT Plunges More Than 20 Cents Before Stabilizing
Wednesday, January 3, 2024 - 4:02pm | 384Read More...Major stablecoins experienced a temporary de-peg following the price drop in the cryptocurrency markets. The USDC/USDT trading pair, typically known for its stability, witnessed a dramatic de-peg on Binance, plunging to $0.76 and $0.8 at 20:00 and 20:15 UTC+8, respectively, before...
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Changpeng Zhao Is Out, But Yi He Stays: Inside The Unseen Power Of Binance's Co-Founder
Wednesday, January 3, 2024 - 2:10pm | 534Read More...Despite the upheaval at Binance following Changpeng Zhao's guilty plea to anti-money-laundering violations, the company's little-known co-founder, Yi He, remained a prominent figure. Even while the U.S. Department of Justice (DOJ) sought her exit alongside Zhao...
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Will This Meme Coin Make You Rich? Avalanche's Mystery Collection Could Change Your Fortune
Friday, December 29, 2023 - 1:54pm | 441Read More...The Avalanche Foundation (CRYPTO: AVAX) announced on Friday a new initiative to integrate meme coins into its Culture Catalyst program to empower creators, spark innovation and accelerate blockchain adoption, highlighting the cultural significance of meme coins in the cryptoasset landscape....
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Tangent's Jason Choi Highlights Gaps In Crypto Industry's Outlook For 2024
Friday, December 29, 2023 - 9:54am | 478Read More...Jason Choi, co-founder of venture capital firm Tangent on Friday analyzed the 2024 predictions made by leading financial and crypto institutions. Choi is optimistic, especially for Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) and Layer 2 technologies, but he also highlighted significant...
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Optimism Is Akin To A Race Car 'Revving At The Starting Line,' Bullish Analyst Says
Thursday, December 28, 2023 - 6:31pm | 464Read More...A close observer of Optimism (CRYPTO: OP) expects that the digital asset is "very likely going much higher." This prediction follows OP's recent all-time high in otherwise volatile market conditions, which saw Bitcoin's (CRYPTO: BTC) price dip to $41,800. In a series of...
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Tired Of Shady Stablecoins? TUSD Hopes To Shine Through With Daily Audits
Thursday, December 28, 2023 - 5:29pm | 452Read More...In a bid to enhance transparency and trust in its operations, the stablecoin TrueUSD (CRYPTO: TUSD) Thursday announced a partnership with accounting firm Moore Hong Kong (MooreHK), that will provide daily attestation services. The goal is to bolster confidence among stakeholders and token...
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GBTC? Nah. Cathie Wood's Ark Invest Bets Future On BITO For Explosive Growth
Thursday, December 28, 2023 - 5:06pm | 426Read More...In a notable shift in investment strategy, ARK Investment Management, led by CEO Cathie Wood, has sold its entire remaining position in Grayscale Bitcoin Trust (OTC: GBTC). This move is particularly significant as GBTC was the largest holding in ARK's Next Generation Internet ETF (NYSE:...
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Solana Meme Coin Silly Dragon Slays Giants, Explodes 119%
Thursday, December 28, 2023 - 2:34pm | 608Read More...In a week dominated by meme coins on the Solana (CRYPTO: SOL) blockchain, Silly Dragon (CRYPTO: SILLY) stole the spotlight with a meteoric rise. Silly Dragan soared to a new all-time high of $0.137 today, marking a staggering 119.11% increase over the past seven days and 23.89% in the past 24...
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PancakeSwap Slashes Supply By 300M, Will Token Prices Rise Like Hotcakes?
Thursday, December 28, 2023 - 11:51am | 391Read More...Decentralized exchange PancakeSwap (CRYPTO: CAKE) on Thursday announced a proposal to drastically reduce the supply of its native token. What Happened: The proposed reduction, amounting to 300 million tokens, will see the maximum token supply slashed from 750 million to 450 million. The...
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With The Launch Of The Spot Bitcoin ETF Just Three Weeks Away, Will It Be A Boom Or A Bust?
Saturday, December 23, 2023 - 11:02am | 576Read More...The long-awaited spot Bitcoin (CRYPTO: BTC) ETF launch is just around the corner, throwing the cryptocurrency market into a fever pitch of anticipation and strategic planning. According to digital asset trading firm QCP Capital, the moment of truth could arrive as early as the...
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Stablecoin Issuer Paxos Takes Solana Plunge, Scores Clearance To Broaden Offerings
Friday, December 22, 2023 - 2:58pm | 566Read More...Stablecoins issuer Paxos has been granted regulatory clearance to broaden its offerings onto the Solana (CRYPTO: SOL) blockchain. Plans to initiate this expansion are set for Jan. 17, 2024. Paxos "is the most regulated stablecoin issuer in the world," according to Walter Hessert, the...
















