After the U.S. Securities and Exchange Commission (SEC) approved all 11 Spot Bitcoin ETFs at the same time, SEC Chair Gary Gensler admitted that Grayscale’s court victory was the key reason behind approving spot Bitcoin ETFs. However, Grayscale has been moving Bitcoin to multiple addresses including crypto exchanges in the last 30 days. Grayscale Dumping […]
SEC Chair Hangs Ethereum ETF in Balance; Here’s Why
The journey toward approving an Ethereum ETF stands on shaky ground when compared to the recent launch of Bitcoin ETF. While the BTC ETF launch took nearly a debate and a few lawsuits, SEC Chair Gary Gensler never called Bitcoin anything other than a commodity. But, Gensler weighs caution on how he defines Ethereum. When Gensler deemed Bitcoin […]
Miller Value CFA Advocates MicroStrategy Stock Over Bitcoin ETF
Bill Miller IV, CFA at Miller Value Partners, stated that he believes investing in the MicroStrategy (MSTR) stock is better than choosing Spot Bitcoin ETFs. He shed light on the shortcomings of these ETFs, including liquidity restrictions. In addition, he encouraged investors to invest in MSTR to indirectly bet on Bitcoin (BTC). Why is MicroStrategy […]
Analysts See Bitcoin Dip As Buying Opportunity, BTC To Hit $200K?
The recent crypto market fluctuations, especially in the Bitcoin price, have sparked contrasting sentiments among analysts. While Bitcoin (BTC) experienced a 7% dip following the approval of the Bitcoin ETF, seasoned crypto experts remain optimistic. Meanwhile, prominent voices in the industry view this downturn as a significant buying opportunity, anticipating a surge that could propel […]
Shiba Inu Weekly Burn Rate Surges 6000% With 9.46 Bln SHIB Burnt
Shiba Inu, one of the most prominent meme coins functioning atop the Ethereum blockchain, once again echoed a sense of frenzy across the broader crypto market on Saturday as the token marked a colossal upswing in its weekly burn rate. As per on-chain data surfacing over the crypto horizon, Shibburn, a platform facilitating SHIB burning […]
The End Of Venezuela’s Petro? Crypto Crackdown Tightens Amid Epic Scandal
The Government of Venezuela has decided to bring the curtain down on its Petro (PTR) cryptocurrency. The venture was initiated six years ago by President Nicolas Maduro to tackle the U.S. sanctions. However, the crypto is set to be banished from Venezuela on Monday, January 15. Venezuela Encourages Conversion Of Petro To Bolivar The decision […]
Justin Sun Lauds USDT Supply Surpassing $50 Bln On TRON Network
In an exciting curve of events, the TRON community appears to have showcased a burst of breakthroughs across the broader crypto market on Saturday, as TRON founder Justin Sun spotlighted the community’s staggering developments within the crypto world. As seen in a recent post by Justin on the social media platform X, the Chinese-born Grenadian […]
Sui Price Prediction: How Rapid TVL Rise Could Supercharge SUI To $5
Sui, the proprietary token of the Sui blockchain, has recently witnessed a remarkable growth spurt. Over just four days, SUI’s value escalated from $0.79 to $1.33, representing a 50% increase. The momentum continued as the token experienced a 21% jump in the past 24 hours alone. Source: Tradingview This surge in Sui’s value is mirrored […]
Solana Wallet Drainers Deploy New Tactic To Appear Trustworthy
It seems that crypto scammers have devised new tactics to dupe the innocent. Solana (SOL) wallet drainers are trying their best to look legitimate and trustworthy so even the ones who have stayed alert against these scams can be targeted. Recently, these fraudsters have created vanity addresses to promote their legitimacy and leverage profits from […]
GameStop to Shutdown Its NFT Marketplace Amid Regulatory Scrutiny
After approximately a year and a half since its NFT marketplace launch, GameStop, the publicly-traded video game retailer, has decided to bid farewell to its platform. The marketplace, which facilitated gaming NFTs and various collectibles on Immutable X and Loopring, operating across Ethereum scaling networks, will no longer be maintained by GameStop. GameStop To Discontinue […]