7RCC, a company that “specializes in developing solutions for ESG-conscious investors,” has applied for a spot Bitcoin ETF that provides a carbon-neutral investment option in the crypto space. According to the application filed with the United States Securities and Exchange Commission (SEC), the ETF will focus on catering to investors who adhere to environmental, social, […]
What Bitcoin holders are up to as BTC pulls back to $43,000
Low and whale tiers of Bitcoin wallets have been accumulating over the past weeks. Active addresses have, however, dropped in the past few days. Certain Bitcoin [BTC] wallets have persistently accumulated assets despite the prevailing price trend. However, the number of active addresses has been decreasing despite the accumulation of these wallets. Bitcoin wallets see […]
Global Settlement Agreement between FTX Debtors and Bahamian Subsidiary to Settle Bankruptcy
Agreement between FTX debtors and FTX Digital Markets seeks to simplify bankruptcy and improve customer recovery. FTX Digital Markets will lead real estate liquidation in the Bahamas, maximizing returns from asset management. In a hopeful turn of events for those affected by the collapse of the FTX Group, a key agreement has been announced between […]
Crypto Executives Raise $78M to Back Industry-Friendly US Policymakers
A group of three super PACs backed by major cryptocurrency executives and investors has raised $78 million to influence the 2024 elections and support crypto-friendly candidates. A super PAC is a political action committee that pools campaign contributions from members and donates them to campaigns for or against candidates or legislation. Crypto has caused deep […]
Marathon Digital Holdings Bets Big on Bitcoin Market with $179M Acquisition
Marathon Digital acquires two Bitcoin mining sites, expanding capacity to 910 megawatts, in a $178.6 million deal. The transaction allows Marathon to double its operational hash rate to 50 exahashes in 18-24 months. Marathon Digital Holdings, Inc. a leader in Bitcoin ecosystem support and security, has finalized a definitive agreement to acquire two currently operational […]
OKX urges critical update after wallet bug disclosed
Cryptocurrency exchange OKX and blockchain security firm CertiK have disclosed a critical vulnerability in OKX’s iOS wallet, triggering immediate calls for users to update their apps. The Dec. 19 announcement has sparked controversy over the timing of the disclosure, as concerns rise about the potential compromise of user data and crypto assets. CertiK posted to […]
Matrixport Says 95% Chance Of Bitcoin Spot ETF In January, Sets BTC Price Target
The anticipation around a potential approval of a Spot Bitcoin ETF is still high among crypto investors. This anticipation has been one of the main drivers of the price rally that has been witnessed over the last two months. Despite the United States Securities and Exchange Commission (SEC) postponing its decision on multiple spot ETF […]
Sleeping Giant VeChain Suddenly Wakes from Slumber
VeChain records a new yearly high in December, stoking investor hopes for a revival in the project. Continue reading at DailyCoin.
Whale Abruptly Moves Over $234,000,000 in Bitcoin As BTC Bounces From $40,000 – Here’s Where the Crypto Is Going
A whale moved more than $234 million worth of Bitcoin (BTC) in a single transaction this past weekend as the crypto king teetered at $40,000. The transfer was initially spotted by the whale-monitoring bot Whale Alert. Whale Alert reports that a wallet of unknown origin sent 5,500 BTC to another unknown wallet on Saturday. The […]
XRP’s Holiday Hustle: A Christmas Price Prediction
Ripple’s XRP, along with the broader cryptocurrency markets, has displayed indications of a slowdown in recent days. Following a brief surge beyond the $44k threshold earlier this month, Bitcoin (BTC) has retreated to around $41k, mirroring a comparable pattern in Ripple’s XRP token. Despite these retracements, investors remain hopeful for a prospective market upswing on […]