In a significant development for the cryptocurrency world, Hong Kong is poised to potentially green-light exchange-traded funds (ETFs) for Bitcoin and Ethereum as early as the coming Monday. This revelation, reported by Bloomberg, has set off a wave of optimism within the crypto community, especially following the remarkable success of Spot Bitcoin ETFs in the […]

The hack of the U.S. Securities and Exchange Commission’s official account on X on Tuesday has renewed concerns about the security of Elon Musk’s social media platform. However, the X safety team has confirmed that the account was compromised due to the SEC failing to enable two-factor authentication rather than any breach of X’s systems. […]

The race on who gets to represent Massachusetts at Capitol Hill is kicking off to a competitive start as top crypto leaders have placed their bet on pro-XRP lawyer John Deaton. This support is showcased by how Deaton has outraised cryptocurrency adversary and incumbent Senator Elizabeth Warren by $0.26 million. John Deaton Bags Crypto Leaders’ […]

Bonk Price Prediction: The Solana-based memecoin Bonk has recently witnessed a significant inflow which led to a bullish from $0.00000934 low. In the last three days, the coin value surged 53.6% to currency traded at the $0.0000142 mark. This rebound appears to be influenced by the announcement of BONK being listed on the OKX cryptocurrency […]

A former security engineer, Shakeeb Ahmed, has been jailed for three years for his role in appropriating over $12 million from two cryptocurrency exchanges. The sentencing was given by a federal judge who also imposed a three-year period of supervised release. Details of the Crypto Exchange Hacks Shakeeb Ahmed was arrested and charged with wire […]

Ripple Labs Inc. has announced its plans to repurchase a $285 million stake from its early investors and employees. This initiative is part of a broader $500 million strategy, which includes the cost of converting restricted stock units into common shares, as reported by Reuters. Ripple’s Strategic Buyback Approach Ripple’s decision to buy back shares […]

The cryptocurrency market is showing red on the charts, with a 7.54% decrease in market cap to $2.44 trillion, amidst Bitcoin halving excitement. Despite the market’s trading volume hitting $137.29 billion, marking a remarkable 74.54% surge in the last 24 hours, the market’s general direction continues to be negative The decline has impacted top cryptocurrencies […]

Asset management giant Bitwise announced that it will be donating 10% of profits derived from Bitwise Bitcoin ETFs, to the development of the Bitcoin network. Bitwise is one of the 11 beneficiaries to secure the approval of the US Bitcoin ETF on Wednesday, January 10, marking a watershed moment in the history of the financial […]

Investors are constantly looking for investment opportunities besides Bitcoin, hence turning to altcoins. The crypto community is full of excitement, anticipating the upcoming Bitcoin halving event expected to take place on April 4, 2024. Despite the current down trend of the overall global market, recent market activity shows optimism for possible opportunities for significant gains. […]

The crypto community finally received the news they have been waiting for, for more than a decade, as the Securities and Exchange Commission (SEC) approved 11 spot BTC ETF applications, including BlackRock (IBIT), Grayscale (GBTC), and Ark Invest (ARKB). Although the Bitcoin price reaction has been noticeably lethargic, altcoins led by Ethereum moved significantly, suggesting that investors diversified their […]