Crypto News: From regulatory changes to market shifts, here are the top 10 stories that shaped the cryptocurrency market on January 5 for a quick overview. Coinbase Expands into the EU with MiFID License Coinbase is set to acquire a MiFID-licensed entity in Cyprus, aiming to expand its derivatives offerings across the European Union. This move, […]

In a groundbreaking move, Tether, the issuer of the popular stablecoin USDT, is on the brink of completing its ambitious $500 million investment into the Bitcoin mining sector. Notably, Tether CEO Paolo Ardoino’s announcement has stirred anticipation within the crypto community, coinciding with the looming Bitcoin Halving event. This strategic maneuver not only reflects Tether’s […]

Bitcoin, the world’s first-ever digital currency, curated in 2009, recently gained substantial traction across the broader crypto market on Saturday as the token recorded significant whale transfers from Kraken to unknown wallets. Notably, as per on-chain data surfacing within the broader crypto market, a whopping 4,377 BTC have been shifted from Kraken, a CEX, to […]

Ethereum co-founder Vitalik Buterin has suggested a solution for correlated validation failures. This particular system seeks to decentralize blockchain. Ethereum Foundation analyst Toni Wahrstatter did a quantitative analysis, where he cited economies of scale promoting centralization in blockchain networks. Buterin’s suggestion rectifies these issues by recommending penalties for related failures of validators under the same […]

On Friday, January 5, 2024, stock exchanges, investment management firms, and the U.S. Securities and Exchange Commission (SEC) engaged in discussions regarding final wording changes on filings for Spot Bitcoin Exchange-traded Funds (ETFs). According to a report by Reuters, sources familiar with the matter indicate that this development might pave the way for U.S. approval […]

Over the years, the market has witnessed the rise of crypto assets as well as the Bitcoin (BTC) crash after several bull seasons. The fall of crypto prices is almost inevitable because of its volatility occasioning massive inflows and outflows.  Bull seasons are marked by heightened inflows into the market leading to a higher asset […]

As the United States Securities and Exchange Commission (SEC) is widely expected to give out approvals to the spot Bitcoin ETF approval, the date for Bitcoin Halving is approaching. The Halving event historically produced significantly higher returns to Bitcoin BTC Price following the event compared to the lead up to the event. Also Read: Polygon […]

In an attention-grabbing chronicle witnessed within the realm of AI, Nvidia’s AI chip rivalry intensified notably following Google and Intel’s recently revealed plans to debut their own AI chips. Notably, in its Vision event on Tuesday, Intel unveiled an upgraded iteration of its AI chip, while Google disclosed specifics about its latest data-center AI chip […]

In a groundbreaking move, the blockchain social platform, Freechat, has recently closed an impressive $80 million financing round, catapulting its post-money valuation to $800 million. Meanwhile, this significant funding will propel Freechat to fortify its Web3 features, emphasizing privacy, security, and user-controlled data. The aim is to construct a decentralized, open, and transparent global social […]

Inflation in the United States came in hotter than expected for the second month in a row, keeping Bitcoin price confined below the $70,000 mark. Further correction is weighing the coin down by a modest 5% drop in 24 hours to $67,900 on Wednesday. Top altcoins posted even larger dips led by Solana’s 6% to […]