The U.S. Securities and Exchange Commission (SEC) is yet to decide on whether to approve Spot Bitcoin Exchange-traded Funds (ETFs). The crypto market is buzzing with several speculations as they await the anticipated approval. Moreover, Bitcoin (BTC) Derivatives traders are actively engaging, anticipating the SEC to greenlight several Spot Bitcoin ETFs this week. Also Read: […]

Bitcoin and the broader cryptocurrency market rallied with the Bitcoin ETF applicants submitting their final applications to the U.S. SEC on Monday, January 8. Some altcoins have witnessed strong bounceback, especially, the likes of Solana (SOL) XRP, avalanche (AVAX), and Cardano (ADA). The Solana Price Rally After hitting a high of $123 on Christmas last […]

Shiba Inu, the self-proclaimed Dogecoin killer, again curated a tidal wave of frenzy across the cryptocurrency landscape on Tuesday, following a phenomenal surge noted in the token’s burn rate. Notably, this surge promptly garnered noteworthy attention across the broader crypto market as it surfaced amid SHIB’s price surge. Moreover, according to on-chain burn insights unveiled […]

In the dynamic world of cryptocurrency, renowned analyst Ali Martinez has unveiled intriguing insights into the potential trajectory of Cardano (ADA) price. Shared on the X platform on January 9, Martinez’s chart analysis draws parallels between the current ADA price action and patterns observed from 2018 to 2020. Meanwhile, the implications of this comparison suggest […]

In a strategic move echoing its 2021 action against major crypto exchange, Binance, the Monetary Authority of Singapore (MAS) recently added the non-custodial crypto wallet, imToken, to its Investor Alert List. This decision sent ripples through the crypto domain. Furthermore, it highlights growing regulatory concerns in Singapore’s crypto landscape. Also Read: Upbit Singapore Expands Institutional […]

SEI Token, the native cryptocurrency of the Layer-1 blockchain network Sei, has been showing a strong recovery jumping 20% in the last 24 hours and reaching $0.75 once again. Amid the altcoin bull run, the SEI token price has surged 170% over the last month. The SEI Token Rally Sei (SEI), the native token of […]

As the deadline for SEC action on Bitcoin ETF applications approaches, Reggie Browne, GTS’s Head of ETF Trading, predicts a potential premium of 8% above Net Asset Value (NAV) for a Spot Bitcoin ETF. Meanwhile, Browne emphasizes the complexity arising from U.S. broker-dealers unable to trade Bitcoin directly, potentially causing trading hurdles. However, despite expectations […]

CleanSpark Inc., a Nasdaq-listed Bitcoin miner, has secured an agreement to purchase up to 160,000 Bitmain S21 miners. The company noted in a press release on Monday that the acquisition can move CleanSpark to a 50 EH/s hashrate. The release comes days after CleanSpark revealed plans for an in-house trading desk this year to boost returns from its significant […]

The Commodity Futures Trading Commission’s (CFTC) Digital Assets and Blockchain Technology Subcommittee has unveiled a detailed report titled “Decentralized Finance.” The report, released with the sponsorship of CFTC Commissioner Christy Goldsmith Romero, aims to shed light on the emerging issues surrounding digital assets, particularly within the decentralized finance (DeFi) space. CFTC Commissioner Emphasizes Need for […]

XRP, one of the most prominent cryptocurrencies across the crypto market, gained significant traction on Tuesday following a massive whale transfer noted by the token. The whale activity, showcasing the transfer of nearly 26 million XRP, caught the eyes of crypto market enthusiasts globally as it emerged amid a price surge recorded by the Ripple-backed […]