Breaking: BlackRock Spot Bitcoin ETF (IBIT) Soars 25% In Pre-Market Hours

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 […]

NEAR Foundation Trims 40% Workforce Amid Staggering Advancements

The NEAR Foundation, one of the most renowned organizations empowering protocol maintainers and ecosystems globally, recently announced a staggering deduction in its workforce, stirring a whirlpool of speculations across the web3 landscape. As per a recent statement issued by the firm’s community, the NEAR Foundation aims to trim its workforce by 40%, eyeing the organization’s […]

ARK Invest President Upbeat On Bitcoin ETF Pricing Even After Fee Waiver Ends

ARK Invest President Tom Staudt recently expressed unwavering optimism regarding the Bitcoin ETF pricing proposed by the organization and its partner, 21Shares. He noted that he is confident about the product pricing even after the initial fee waiver concludes. Moreover, he reaffirmed that Spot Bitcoin ETFs are designed to alleviate investor concerns by eradicating considerable […]

India’s Central Bank Governor Reiterates Caution On Crypto Risks

In a steadfast stance against the rising global wave of cryptocurrency acceptance, Shaktikanta Das, the Reserve Bank of India (RBI) Governor, reiterated the central bank’s caution on crypto risks. Despite recent developments like the U.S. approving bitcoin ETFs, Das emphasized the potential hazards for both emerging and advanced economies, underscoring the difficulty of containment in […]

Orbit Chain Offers $8 Mln Bounty For Intel On Exploit

In a gust of developments revolving around Orbit Chain’s recent significant cybersecurity breach, the firm announced noteworthy plans to rev up its approach in pruning the attackers and recovery of its stolen digital assets. According to a recent statement issued by the cryptocurrency platform on X, Orbit slated a staggering $8 million reward for any […]

Ethereum and Altcoins Are the Biggest Winners of Bitcoin ETF Approval

Bitcoin briefly reached $47,000 in a subdued ascent following the approval by the U.S. Securities and Exchange Commission of Bitcoin ETFs directly investing in the token. Traders are now monitoring the products to assess their financial impact. While Bitcoin gains stay limited, Ethereum (ETH) and other altcoins have registered maximum gains after the ETF approval. […]

Tron Founder Predicts China To Join The Crypto ETF Race

In a groundbreaking moment for the cryptocurrency world, Tron Founder Justin Sun has expressed optimism about the United States Securities and Exchange Commission’s (SEC) recent approval of Spot Bitcoin ETFs. His hopeful statements on the X platform hint at a broader global acceptance of cryptocurrencies, with a special focus on China’s potential entry into the […]

ETC Price Jumps 34% As Ethereum Classic Trading Volumes Surge

With the approval of the US Bitcoin ETF, altcoins have registered a strong rally while Bitcoin rests. Though the Ethereum price surged 10%, its off-shoot Ethereum Classic (ETC) has registered even greater gains. The ETC price is up by a staggering 32% trading at $27.74 with a market cap of $4.05 billion. The Ethereum Classic […]

Coinbase CEO & CLO Credit Grayscale For Historic Bitcoin ETF Win

The Spot Bitcoin ETF frenzy has concluded with a bang after the U.S. Securities and Exchange Commission (SEC) provided the green light to 11 issuers. While several applications were in line, Grayscale Investments, the world’s leading crypto asset manager stole the spotlight. Coinbase CEO Brian Armstrong and CLO Paul Grewal recently credited Grayscale for the […]

Robinhood To Launch Spot ETF Trading On Its Platform

The Robinhood platform and its CEO Vladimir Tenev caught the eyes of investors on January 11, a day after the U.S. Securities and Exchange Commission (SEC) created a milestone with its approval of 11 Spot Bitcoin ETFs. Meanwhile, in a recent X post, Robinhood CEO and co-founder Vladimir Tenev announced the platform’s potential plans in […]