The U.S. Securities and Exchange Commission (SEC) took around fifteen minutes to dismiss its Bitcoin ETF approval post on X as false. While the Bitcoin price was well within range amid the chaos, memes against the SEC have created havoc. Notably, the cryptocurrency market experienced a brief period of volatility. But Bitcoin’s value swung within […]

RedStone Oracles, a prominent provider of data feeds for blockchains, has recently entered into a strategic partnership with Ether.Fi, the largest liquid restaking service on EigenLayer. This collaboration represents a significant step towards fortifying the security of RedStone’s oracle protocol, as both entities pool resources to the tune of a substantial $500 million deal. At […]

In a rollercoaster day for the crypto community, the SEC’s official X handle initially announced the approval of Spot Bitcoin ETF, sending shockwaves through the XRP community, while impacting the broader crypto market. However, SEC Chair Gary Gensler later claimed the account was compromised, leading to a vehement backlash. Meanwhile, the aftermath witnessed accusations of […]

Max Keiser, a famous Bitcoin maximalist and advisor to the president of El Salvador, expressed doubts about the possibility of an Ethereum ETF. Keiser, a vocal champion of Bitcoin and a critic of other digital assets, rejects Ethereum, stating it is a “proof-of-stake scam,” claiming that it is not suitable for approval by the U.S. […]

The U.S. Securities and Exchange Commission (SEC) is on the verge of approving the first-ever Bitcoin Exchange Traded Fund (ETF). Bloomberg’s senior analyst Eric Balchunas confirmed that the trading of the spot ETFs will likely begin Thursday after a final go-ahead today.   CoinGape spoke to Rajagopal Menon, VP at Indian crypto exchange WazirX about the […]

The criminal lawsuit filed by billionaire Andrew Forrest in the District Court of Western Australia against Meta Platforms Inc. has been dismissed. The lawsuit was based on accusations that Meta Platforms Inc. allowed advertisements featuring Forrest’s image in cryptocurrencies, leading to huge financial losses by consumers. Notwithstanding these allegations, the court ruled in favor of […]

Social media platform X, formerly known as Twitter, has removed features supporting non-fungible tokens (NFTs). This move aligns with the new vision the company’s owner, Elon Musk, set forth for 2024. The announcement departs from the platform’s earlier integration of NFTs, reflecting a broader trend among social media giants reevaluating their stance on digital collectibles. […]

The Bitcoin holdings of the Grayscale Bitcoin ETF GBTC continue to deplete with no immediate stopping in sight. On Friday, April 12, the GBTC outflows skyrocketed past $166 million losing over 2,500 Bitcoin from the fund’s holding. GBTC Outflows Surpass $16 Billion As per data from Farside Investors, the GBTC outflows have now surpassed a […]

The U.S. Securities and Exchange Commission (SEC) finally gave a nod for the first spot Bitcoin ETF after months of keeping investors waiting on the sidelines. However, SEC Chair Gary Gensler quickly managed to distance himself and the SEC from Bitcoin and crypto. Cathie Wood Slams Gary Gensler After approving the first spot Bitcoin ETF […]

Amid a turbulent day for cryptocurrencies, Ethereum stands out with a surge in whale activity, intensifying discussions amid the market downturn. Notably, as major digital assets like Bitcoin, Solana, XRP, and others, experience a significant dip, Ethereum sees notable whale traction, propelled by a significant purchase by a whale investor. Meanwhile, this move prompts discussions […]