In a notable turn of events today, the crypto market staged a significant recovery with Bitcoin (BTC) reclaiming the $65,000 mark. This resurgence injected fresh optimism into the market, propelling several crypto-related stocks. Moreover, Coinbase (COIN) and MicroStrategy (MSTR) stocks registered notable gains in the pre-market session. Coinbase & MicroStrategy Stocks Surge Coinbase, one of […]

While the U.S. Securities and Exchange Commission (SEC) has finally approved the spot Bitcoin ETFs, financial players are pushing for a similar product for Ethereum. However, on Thursday, January 18, the SEC delayed a resolution on the spot Ethereum ETF from Fidelity. Ethereum ETF Resolution Delayed to March 2024 The U.S. Securities and Exchange Commission […]

Today marks the last day before the 4th Bitcoin halving, which will cut the block reward from 6.25 to 3.125 BTC. As predicted by many, the crypto market has already gone through a correction zone. As a result, the majority of cryptocurrencies lost their current gains and entered a downward trend. However, today, the crypto […]

In a recent revelation, Howard Marks, Co-founder of Oaktree Capital Management, has ignited a fresh perspective in the ongoing debate between Bitcoin and Gold. Notably, Marks contends that when it comes to intrinsic value, both assets stand on equal footing. Meanwhile, this departure from the traditional narrative comes as Oaktree, an asset-management firm founded in […]

Per data provided by IntoTheBlock, bitcoin reserves held by miners have considerably decreased. These reserves are standing at their lowest level in the past 12 years as the market eagerly awaits the upcoming Bitcoin halving event. Currently, 1.92 million BTC are held by leading mining pools represented by Viabtc, Bitfury, and Antpool. In the same […]

Myro (MYRO), the Solana-based memecoin is on a major tear, however, with intense volatility defining its outlook. Over the past 24 hours, Myro has soared as high as $0.2607 with extreme growth rates recorded. These growth rates range from a gain of over 15% to a 2% drop at the time of writing. The Unique […]

The esteemed pro-XRP attorney John Deaton has submitted a request to serve as amici counsel on behalf of 4,701 Coinbase customers in the ongoing legal battle between the cryptocurrency exchange Coinbase and the Securities and Exchange Commission (SEC). Deaton’s move comes as Coinbase seeks judicial clarity on whether digital assets, such as cryptocurrencies, can be […]

The Securities and Exchange Commission (SEC) has initiated a public comment period regarding Nasdaq’s proposal to permit options trading on BlackRock’s iShares Bitcoin Trust, a spot bitcoin ETF. SEC Solicits Public Opinion on Proposal The SEC’s move to open a 21-day comment period reflects its willingness to consider expanding the scope of cryptocurrency-related financial products […]

Cathie Wood’s ARK Invest is strategically reshaping its investment portfolio, steering away from reliance on the ProShares Bitcoin Strategy ETF (BITO) towards the establishment of its own spot bitcoin ETF. This strategic shift was evidenced in a recent trading disclosure on April 19, where ARK’s Next Generation Internet ETF (ARKW) initiated significant movements. ARKW divested […]

Two prominent institutions in their bankruptcy liquidation phase, Celsius and FTX, have been actively engaged in massive crypto asset transfers. Celsius and FTX moved millions worth of Ethereum (ETH), Polygon (MATIC), and Wrapped Bitcoin (WBTC) to exchanges. This comes after both institutions promised to repay their formal clients or creditors via their crypto treasury. Celsius […]