The Bitcoin price saw strong volatility on Tuesday, January 9, amid the fake news of Bitcoin ETF approval by the SEC. After shooting all the way to $48,000 on Tuesday, the Bitcoin price is once again settling at $46,000. SEC’s False News Triggers BTC Volatility The recent fake news incident orchestrated by the SEC had […]

An Australian Federal Court has ordered the seizure of approximately US$41 million in digital assets from the NGS group of blockchain mining companies.  This ruling is the result of active civil proceedings commenced by the Australian Securities and Investment Commission (ASIC), pointing out regulatory actions taken against unlicensed financial activities linked to cryptocurrency. Regulatory Action […]

In a rising competition in the Spot Bitcoin ETF race, BlackRock and Ark Investments have engaged in a preemptive fee war, announcing reductions in the fees for their proposed Bitcoin exchange-traded funds (ETFs). Meanwhile, the recent S-1 filings reveal a strategic maneuver to attract investors, even before securing approval from the U.S. Securities and Exchange […]

According to blockchain intelligence firms Arkham Intelligence and Breadcrumbs, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), has been transferring royalties to a wallet connected to FTX US, which is now bankrupt. For the last two months, Yuga Labs have been flowing more than $250,000 worth of assets to the wallet address 0xAAe7aC476b117bcCAfE2f05F582906be44bc8FF1 […]

Solana Price Prediction: Amid the recent market uncertainty surrounding spot Bitcoin ETF approval, the Solana price witnessed a notable correction in the last two weeks. From the new local top of $126.36, the coin price has plunged nearly 25% to currently trade at $94.58. However, a look at the daily time frame chart shows this […]

Coinbase has been actively contesting the jurisdiction of the U.S. Securities and Exchange Commission (SEC) regarding cryptocurrency transactions. In a recent development, Coinbase is petitioning the court for authorization to file an interlocutory appeal concerning the SEC’s interpretation of an “investment contract.” Coinbase CLO Initiates Legal Action Coinbase Chief Legal Officer Paul Grewal has taken […]

Bitcoin ETF tickers have started showing up on major trading interfaces like Bloomberg, Fidelity, and TD Ameritrade just before the final decision around the ETF approval kicks in. Fidelity, Bloomberg and TD Ameritrade display new spot Bitcoin ETF tickers Massachusetts-based multinational financial services corporation Fidelity and US brokerage firm TD Ameritrade on Wednesday started displaying […]

EigenLayer by Eigen Labs announces the removal of all Liquid Staking Token (LST) caps and unpausing restaking deposits from next week. EigenLayer, the first restaking protocol on Ethereum blockchain, continues to announce groundbreaking updates becoming the biggest crypto project of the year. EigenLayer Announces Unpausing Restaking Deposits In an official announcement, EigenLayer said it is […]

After the U.S. Securities and Exchange Commission (SEC) greenlights spot Bitcoin ETF listing and trading, the largest asset manager BlackRock’s iShares Bitcoin Trust ETF (IBIT) debuts with a bang by skyrocketing nearly 25% in pre-market hours on Nasdaq. Experts anticipate a massive inflow in the Bitcoin ETFs from the first day itself. BlackRock Spot Bitcoin […]

With the fourth Bitcoin (BTC) halving approaching, the mining community is becoming more concerned. Scheduled for April 19, 2024, this event will cut mining rewards from 6.25 BTC to 3.125 BTC per block. Charles Edwards, the founder of Capriole Investments, emphasizes immediate risks. Miners who have old, less efficient hardware might bear a great financial […]