South Korea’s Financial Services Commission (FSC) maintained a firm stance on the Crypto ETF ban despite the approval of Spot Bitcoin ETFs in the United States. The FSC officials asserted that the U.S. developments were not deemed significant in their regulatory landscape. Moreover, they stated that the U.S. ETF approval would change nothing in the […]

Ethereum price has recently witnessed a significant upswing, climbing by 8.5% in just 24 hours and registering a 15% increase over the past week. This surge has propelled ETH past the $2,500 mark, a level not seen since May 2022. The momentum came after the Bitcoin spot ETF approval, sparking investor speculation about the imminent […]

After the U.S. Securities and Exchange Commission (SEC) greenlights spot Bitcoin ETF listing and trading, the largest asset manager BlackRock’s iShares Bitcoin Trust ETF (IBIT) debuts with a bang by skyrocketing nearly 25% in pre-market hours on Nasdaq. Experts anticipate a massive inflow in the Bitcoin ETFs from the first day itself. BlackRock Spot Bitcoin […]

The NEAR Foundation, one of the most renowned organizations empowering protocol maintainers and ecosystems globally, recently announced a staggering deduction in its workforce, stirring a whirlpool of speculations across the web3 landscape. As per a recent statement issued by the firm’s community, the NEAR Foundation aims to trim its workforce by 40%, eyeing the organization’s […]

ARK Invest President Tom Staudt recently expressed unwavering optimism regarding the Bitcoin ETF pricing proposed by the organization and its partner, 21Shares. He noted that he is confident about the product pricing even after the initial fee waiver concludes. Moreover, he reaffirmed that Spot Bitcoin ETFs are designed to alleviate investor concerns by eradicating considerable […]

In a steadfast stance against the rising global wave of cryptocurrency acceptance, Shaktikanta Das, the Reserve Bank of India (RBI) Governor, reiterated the central bank’s caution on crypto risks. Despite recent developments like the U.S. approving bitcoin ETFs, Das emphasized the potential hazards for both emerging and advanced economies, underscoring the difficulty of containment in […]

In a gust of developments revolving around Orbit Chain’s recent significant cybersecurity breach, the firm announced noteworthy plans to rev up its approach in pruning the attackers and recovery of its stolen digital assets. According to a recent statement issued by the cryptocurrency platform on X, Orbit slated a staggering $8 million reward for any […]

Bitcoin briefly reached $47,000 in a subdued ascent following the approval by the U.S. Securities and Exchange Commission of Bitcoin ETFs directly investing in the token. Traders are now monitoring the products to assess their financial impact. While Bitcoin gains stay limited, Ethereum (ETH) and other altcoins have registered maximum gains after the ETF approval. […]

In a groundbreaking moment for the cryptocurrency world, Tron Founder Justin Sun has expressed optimism about the United States Securities and Exchange Commission’s (SEC) recent approval of Spot Bitcoin ETFs. His hopeful statements on the X platform hint at a broader global acceptance of cryptocurrencies, with a special focus on China’s potential entry into the […]

With the approval of the US Bitcoin ETF, altcoins have registered a strong rally while Bitcoin rests. Though the Ethereum price surged 10%, its off-shoot Ethereum Classic (ETC) has registered even greater gains. The ETC price is up by a staggering 32% trading at $27.74 with a market cap of $4.05 billion. The Ethereum Classic […]