Bitcoin Mining Firm BitFuFu to Go Public via SPAC Merger Hinting Higher Demand

Bitcoin Mining firm BitFuFu is eyeing an initial public offering in the US via a SPAC merger. The company had previously filled a form F-4 with the SEC which was approved today, strengthening the chances of the firm going public. The IPO will also come at a time when Bitcoin Mining has been steadily increasing […]

Top Cryptos That Will Make You Rich in 2024

The crypto market can experience a massive rise in 2024. All experts believe 2024 will be an exceptional period, and the crypto market will face unique growth that will be distinctive from other halving events. Bitcoin halving was completed in early April, and all crypto traders are watching price action closely.  In such an attractive […]

Spot Bitcoin ETF: BlackRock Shines Strong as Total Volume Tops $1B

Once again, BlackRock’s spot Bitcoin ETF is leading the others in terms of trading volume with $341.2 million recorded on February 7, 2024. BlackRock Leads Spot Bitcoin ETF Performance Data from Bloomberg Intelligence shows the broad spot BTC ETF market registered a total volume of more than $1 billion on the said date and a […]

Hong Kong Bitcoin ETF Notes First Outflow Despite BTC Recovery

Hong Kong Bitcoin (BTC) and Ethereum (ETH) ETFs have experienced a setback despite the optimism in the crypto community. One of the newly launched Hong Kong Bitcoin ETFs noted a negative flow on Monday, May 6. Meanwhile, the other Hong Kong crypto ETFs didn’t witness any flows despite the Bitcoin price recovery past $65,000. Hong […]

XRP News: Pro-XRP Lawyer Argues Ripple ODL Transactions Not Investment Contracts

The ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to escalate, with pro-XRP lawyer Bill Morgan defending Ripple’s On-Demand Liquidity (ODL) transactions against allegations of being investment contracts. Notably, amid the regulatory scrutiny, Morgan’s remarks shed light on crucial aspects of the case, highlighting the complexities surrounding Ripple’s sales […]

Ripple Vs SEC News: Settlement, Appeal, & Judge Torres’ Final Ruling Timeline

Ripple Vs SEC News: Experts claim the long-running XRP lawsuit is to conclude really soon as Judge Torres’ final ruling could come this year, most probably in September. The tussle between the U.S. SEC and Ripple Labs will continue, currently in remedies phase, until an imminent appeal and settlement. The Securities and Exchange Commission (SEC) […]

Bitcoin Hits $45K Amid Coinbase’s Transfer of 4,069 BTC

Bitcoin has demonstrated bullish momentum potential after breaking through the $45K mark in the last hour. At the same time, a set of strategic transactions involving 4069 Bitcoins valued at around $182.26 million were carried out, starting with an unknown wallet to Coinbase Institutional. This was soon followed by withdrawals of 2,510 Bitcoins worth more […]

SEC Hack: Is The Regulator Withholding Crucial Disclosure?

Just two weeks prior to a cybersecurity breach, the U.S. Securities and Exchange Commission (SEC) was alerted to critical lapses in its cybersecurity defenses. The alert was issued via a report released by the Office of Inspector General (OIG) detailing the SEC’s inadequacies in maintaining strong security measures for digital assets. The report, published by […]

Can MicroStrategy Outshine Bitcoin ETFs with Its Latest Rally?

In Thursday’s market action, stocks closely linked to Bitcoin registered large gains. A top public software firm, MicroStrategy, which boasts a huge holding in BTC amounting to 190k BTCs, noted an increase of about 12%, with its shares trading at $569. This comes as Bitcoin reclaims $45,000 to undo losses in recent days while reacting […]

Is Dogecoin Price Already In A Bull Run?

Dogecoin has exhibited a good surge in the last few days, where the token price has increased more than 12% in seven days. At the time of writing, DOGE price is currently valued at $0.1587. The trading volume is also up by 38%, pushing the value to $1,653,651,967. However, the token did face a slight […]