Binance, the renowned cryptocurrency exchange, has sparked discussions in the digital currency realm with its latest addition to the Binance Launchpool. Notably, the spotlight shines on the Omni Network (OMNI), offering investors a chance to delve into a novel blockchain architecture. As anticipation mounts, questions arise regarding the implications of this move on the crypto […]
Ethereum and XRP ETFs Could Be Next, Suggests Valkyrie’s Investment Chief
With the likelihood of approvals for spot Bitcoin Exchange Traded Fund (ETF) products by the US Securities and Exchange Commission (SEC), Valkyrie’s Chief Investment Officer Steven McClurg has hinted that a spot Ethereum ETF and XRP ETF may also be around the corner. Spot Ethereum ETF: Is The Time Right? While Steven McClurg said he […]
Breaking: Hong Kong To Approve Spot Bitcoin, Ethereum ETF On Monday – Bloomberg
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 […]
Elon Musk X’s Security In Question After US SEC X Account Hack
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. […]
Crypto Leaders Helped John Deaton Outraise Sen Warren In Senate Bid
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 As Chart Pattern Hints End of Correction, Is $0.000025 Within Reach?
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 […]
Ex-Security Engineer Gets 3-Year Sentence for $12M Crypto Hack
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 to Buy Back $285M Stake in Major Shareholder Move
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 […]
Crypto Losers of the Week
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 […]
Bitwise Joins VanEck In Donating 10% ETF Profits to Bitcoin Development
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 […]