Crypto Price Prediction: On January 12th, the cryptocurrency market experienced steady trading with a noticeable positive sentiment among investors. This comes as the Bitcoin asset class embarks on a transformative journey following the SEC’s approval of 11 Spot Bitcoin ETFs.  On Thursday afternoon, the U.S.-listed Bitcoin ETFs witnessed a massive $4.6 billion in trading volume. […]

Solana emerges as a prominent player as the cryptocurrency landscape evolves, gearing up for a transformative 2024. Notably, the recent updates from Solana, as shared on the X platforms, shed light on the platform’s robust developer community, surging on-chain activity, and exciting prospects for the coming year. Meanwhile, the announcement highlights that the developers in […]

South Korea’s Financial Services Commission (FSC) issued a press release on January 12, highlighting potential violations in brokering overseas-listed Spot Bitcoin ETFs by domestic securities firms. The advisory comes as the FSC grapples with regulatory frameworks and challenges posed by virtual assets, leaving major securities companies like Mirae Asset Securities and Samsung Securities to preemptively […]

In December 2023, Solana (SOL) overtook Ripple’s XRP to emerge as the 5th largest cryptocurrency. Subsequently, HKVAC, a Hong Kong-based digital asset agency, has undergone index rebalancing. The agency recently announced that the HKVAC Top 5 Global Large Cryptocurrency Index would add SOL and remove XRP with effect from Friday, January 19, 2024. Inside HKVAC […]

Cryptocurrencies were awash with green in morning trade on Friday, with major digital assets, including the OG cryptocurrency Bitcoin, witnessing an uptick in their prices. Data from CoinGlass suggests that more than $230 million in crypto were liquidated over the last 24 hours, with $43.2 million Bitcoin long positions liquidated alone. This comes despite the […]

The Spot Bitcoin ETFs started trading on Thursday, January 11, 2024, marking a historic moment for the crypto arena. However, all’s not well with major Wall Street investment firms. Recently, Vanguard, Merrill Lynch, Edward Jones, and Northwestern Mutual have expressed strong criticism against Bitcoin ETFs. These firms noted that investing in these assets is banned […]

XRP, an eminent cryptocurrency backed by Ripple Labs, again radiated a fervor of excitement across the cryptocurrency landscape on Friday, as the token recorded significant whale transfers to CEXs. Intriguingly, as per on-chain data unveiled by a blockchain tracking platform, over 48 million XRP on the go, appears to have nabbed noteworthy attention among crypto […]

In the latest development in the U.S. Securities and Exchange Commission (SEC) lawsuit against Terraform Labs (Terra) and co-founder Do Kwon, a federal judge has denied multiple motions for reconsidering earlier orders. The judge has again sided with the plaintiff U.S. SEC after a recent order stating that Terra and Do Kwon violated the Securities […]

Shiba Inu, one of the most popular meme coins built atop the Ethereum blockchain, once again echoed a sense of frenzy across the broader crypto market on Friday, following a colossal upswing marked in the token’s burn rate. Notably, according to the data unveiled by Shibburn, a roughly 400% surge in the meme coin’s burn […]

On their first day of trading, the newly approved spot bitcoin ETFs have significantly impacted the market. Trading volumes for these 11 financial instruments have impressively crossed the $4 billion mark. This development marks a pivotal moment in integrating cryptocurrency with traditional financial markets. Leading the Charge: Grayscale, BlackRock, and Fidelity Grayscale, a major player […]