Crypto News Highlights Today: Bitcoin ETF Will See SEC Vote, US Job Market Data, and More

Crypto News: From regulatory changes to market shifts, here are the top 10 stories that shaped the cryptocurrency market on January 5 for a quick overview. Coinbase Expands into the EU with MiFID License Coinbase is set to acquire a MiFID-licensed entity in Cyprus, aiming to expand its derivatives offerings across the European Union. This move, […]

Crypto News LIVE Updates: BTC Price Stabilizes At $44K, Better Markets Opposes Bitcoin ETF Approval

Crypto News LIVE: The Bitcoin (BTC) Price found strength around the $44,000 zone as all the 11 spot Bitcoin ETF applicants updated their 19b-4 amendments in latest filings with the U.S. Securities and Exchange Commission (SEC). In the week starting January 8, 2024, a vote on the approval of Bitcoin ETFs could be held by […]

Bitcoin Will See Impact of US Job Market Data; Here’s How

The US labor market is holding better than expected, as per the latest nonfarm payroll data released on Friday. It noted a surge of 216,000 jobs last month, potentially influencing the macroeconomic policies of the central bank. The Federal Reserve’s interest rate decisions dictate how the stock and crypto markets will perform in the coming […]

Coinbase Expands EU Footprint with MiFID License

Coinbase has announced plans to acquire a MiFID-licensed entity in Cyprus, marking a strategic move to broaden its derivatives offerings across the European Union. This endeavor, pending regulatory approval, aims to enhance Coinbase’s market presence in 2024 significantly. Coinbase Expansion into the EU Derivatives Market The initiative to acquire a Markets in Financial Instruments Directive […]

Breaking: Bitcoin ETF: Updated 19b-4 Amendments Filed, S-1s Reportedly Due Monday

The Bitcoin ETF race has finally reached as close to the finish line as it can get. All 11 Bitcoin ETF applicants have updated their 19b-4 amendments, with S-1 filings reportedly expected by Monday. Bloomberg’s Katie Greifeld reported that the SEC had instructed exchanges and issuers to submit their final amendments on Friday for their […]

Breaking: DCG Clears Over $1 Billion in Debt to Creditors, Including Genesis

Digital Currency Group (DCG) announced on Friday that it has successfully paid off its short-term loans from Genesis, its bankrupt subsidiary. This recent financial move marks a substantial step forward for the firm, bringing its total debt repayment to creditors to an impressive figure exceeding $1 billion. Source: Digital Currency Group on X   Substantial Debts […]

Cardano Price Prediction: Is $0.5 Support a Safe Haven Amid Market Uncertainty?

Cardano Price Prediction: Amid the increasing uncertainty in the crypto market, the Cardano(ADA) recovery rally witnessed a renewed supply pressure at the $0.676 mark. As sellers strengthened their grip amid speculation that the US SEC may reject the approval of the Spot Bitcoin ETFs, the ADA price plunged back to the $0.5 mark. Will this […]

Bitcoin (BTC) Price Eyes Recovery as Fresh $2.5B Enters the Market

Bitcoin (BTC) price is shedding off the losses it has accrued over the past 48 hours as new capital starts entering the market in a rare show of vote of confidence. At the time of writing, Bitcoin price is changing hands at $43,678.53 after trimming its losses from more than 4% earlier in the day […]

Spain Advances in CBDC Exploration, Selects 3 Partners

The Bank of Spain has announced the commencement of a six-month pilot project focused on Central Bank Digital Currencies (CBDCs). This initiative, which stands apart from the broader digital euro effort, has roped Cecabank, Abanca, and Adhara Blockchain as primary collaborators. This development comes a year after the Spanish central bank’s call for partnerships, with […]

Bitcoin ETF: Coinbase’s Involvement Could Spark Delays

Crypto exchange Coinbase will benefit the most out of a possible spot Bitcoin ETF approval. However, its involvement as a middleman between the crypto market and the traditional equities market post-approval is a sore eye for the SEC. Bloomberg’s Michael P. Regan believes that the regal battle between the largest crypto trading platform and SEC […]