The approval of the first spot Bitcoin ETF in the US seems to be almost imminent with the Bitcoin price rallying all the way to $47,000 on Monday, January 8. However, the Bitcoin rally cools down as the BTC price seems to be consolidating around the $46,500 level. Bitcoin Options Market Give Mixed Signals Recent […]

The cryptocurrency market made a stellar comeback on Monday, with Bitcoin thundering past $47,000 for the first time in almost 2 years as anticipation grew about the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the US. The OG cryptocurrency Bitcoin rose sharply from $43,280 in early morning trade in Asia to $47,193 […]

The world’s largest cryptocurrency Bitcoin (BTC) surged past $47,000 on Monday, as issuers such as BlackRock, Fidelity, and others updated their paperwork with the U.S. Securities and Exchange Commission (SEC). VanEck Seeds its Bitcoin ETF With $72.5 Million Those looking to issue spot Bitcoin Exchange-Traded Funds (ETFs) have revealed additional information about their initial funding […]

Amid high anticipation of the United States Securities and Exchange Commission (SEC) approving the spot Bitcoin ETF applications, the ETFs from two of the 11 ETF applicants, WisdomTree and VanEck, have been listed on the Depository Trust & Clearing Corporation (DTCC). This comes just 48 hours before the SEC’s deadline to take a decision on […]

PayPal USD (PYUSD), the stablecoin associated with the American financial technology giant PayPal Holdings Inc. is exploring an avenue to get integrated into the decentralized lending protocol Aave. PayPal Stablecoin Eyes DeFi Embrace PayPal stablecoin was launched in August as the company that embraced crypto trading a couple of years back sought to deepen its […]

Applicants for the spot Bitcoin ETF applications are apparently not bothered with the United States Securities and Exchange Commission (SEC) issuing additional comments on their form S-1s. This clarification comes amid fears around the possibility of a delay in approval of ETFs before the January 10, 2024 deadline, owing to the receipt of additional comments […]

Digital Currency Group (DCG), led by Barry Silbert, recently announced the full repayment of the loan to its defunct subsidiary Genesis. However, a post on X by crypto veteran Vijay Boyapati presents a different narrative. The author of ‘The Bullish Case for Bitcoin’ alleged a pattern of deceit by DCG and Silbert. Boyapati circled back to Genesis’ […]

Thailand’s government has received approval to borrow funds for its 500 billion baht (approximately $14 billion USD) digital handout program, Reuters reported on Monday. This decision represents a major move during a financial debate surrounding Thailand’s slow-moving economy Deputy Finance Minister Julapun Amornvivat confirmed that the Office of the Council of State, an advisory panel, […]

OpenAI has issued a public response to the copyright infringement lawsuit filed by The New York Times. The AI research company firmly contests the allegations, emphasizing its commitment to lawful practices and pursuing constructive dialogue with the media giant. Allegations of Content Reproduction The lawsuit centers around claims that OpenAI’s ChatGPT tool replicated content from […]

ChainsAtlas on Monday partnered with Singapore-based aelf to advance cross-chain interoperability between the two blockchains. The deal is also supposed to foster increased engagement within the Web3 community and the decentralized application (DAPPs) use. The collaboration comes at a time when there is a steady increase in the use of DAPPs in sectors like finance, […]