The Bitcoin price regains momentum as market confidence towards the approval of Spot Bitcoin ETFs continues to grow. On January 8th, the U.S. Securities and Exchange Commission (SEC) rapidly reviewed and provided feedback to several companies proposing spot Bitcoin exchange-traded funds (ETFs), just hours after these firms submitted their fee structure documents. This quick response […]
El Salvador’s Bitcoin Gamble Pays Off with $11.76M in Gains
El Salvador’s venture into Bitcoin investment has borne fruit, with the nation currently holding an impressive $11.76 million in unrealized gains. This development marks a significant shift from the initial losses faced in the early stages of the investment. El Salvador’s Bitcoin Strategy El Salvador’s journey into the Bitcoin market commenced in September 2021, acquiring […]
Evmos Foundation Recovers $7.6 Million in Tokens from Former Co-Founder
The Evmos Foundation has successfully reclaimed 59.4 million tokens, equivalent to $7.6 million, from Akash Khosla, its former co-founder. This development follows a period of uncertainty and operational disagreements that led to Khosla’s departure last year. The recovered tokens, which include both vested and unvested amounts, mark a step towards realigning the token distribution in […]
Binance Coin Price Prediction as Buyers Break 21 Months Accumulation to Chase $450
Binance Coin Price Prediction: For the past two weeks, the native token of the world’s largest crypto exchange Binance- BNB has been highly volatile. This sideways action came in response to the market’s long-awaited decision of the US SEC on spot Bitcoin ETF approval. As the regulatory agency increasingly leans towards approving this digital asset, […]
Elon Musk’s X to Launch Payment Option This Year
In a bold move that aligns with his reputation for pushing the boundaries of innovation, Elon Musk’s X is gearing up to introduce its payment offering later this year. Known for his ventures in electric vehicles, and space exploration, Elon Musk continues to diversify his portfolio with this innovative foray into the financial sector. Actualizing […]
Spot Bitcoin ETF: Grayscale Investments Submits New S-3 Amendment
Grayscale Investments, is resetting its focus in line with the pursuit of its spot Bitcoin ETF product with the latest S-3 amendment filed with the United States Securities and Exchange Commission (SEC). One unique change riding on the comment from the market regulator is to explicitly state the associated risks in the case of bankruptcy […]
BitPay Integrates Support for BNB, LINK as Payment Option
BitPay, a leading cryptocurrency payment service provider, has taken a significant step forward by integrating support for Binance Coin (BNB), and Chainlink (LINK), amongst other coins as payment options on its platform. BitPay Extends Support to Altcoin As announced, the decision to integrate BNB and LINK by BitPay came to offer users a more comprehensive […]
Valkyrie Predicts Spot Bitcoin ETFs Effective Wednesday, Trading Thursday
Valkyrie Investments, a key player in the digital asset space, is poised for a groundbreaking moment. The firm expects the United States Securities and Exchanges Commission (SEC) to approve the first Bitcoin (BTC) spot exchange-traded fund (ETF) soon, with trading anticipated to commence on Thursday. Valkyrie Predicts Massive Inflow into Bitcoin ETF Valkyrie Investments co-founder […]
XRP Price Could Pump 20% On Solid Technical Structure And Spot BTC ETF Nod
Amidst the excitement surrounding the spot Bitcoin exchange-traded funds (ETFs) in the US, concerns are spreading like wildfire about whether cryptos will dump with investors selling the news or pump backed by the benefits likely to emanate from this historical development. XRP price wobbles alongside its peers, down 0.3% in the last 24 hours to trade at […]
Franklin Templeton, Invesco Galaxy, ARK 21Shares File S-1 Updates for Bitcoin ETF
Asset managers ARK Invest and 21Shares, Franklin Templeton Digital Holdings, and Invesco Galaxy Bitcoin ETF, following BlackRock and VanEck’s steps, have recently filed updated S-1 forms with the United States Securities and Exchange Commission (SEC). This move comes as a crucial step in their pursuit of launching spot Bitcoin exchange-traded funds (ETFs). These filings mark […]