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 […]

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, 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 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 […]

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 […]

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 […]

The cryptocurrency market is back on recovery sentiment as the procedure of spot Bitcoin ETFs is progressing steadily. On Tuesday, BlackRock, VanEck, Ark Invest, and other applicants filed revised S-1 forms with the U.S. Securities and Exchange Commission (SEC), seeking approval for their respective spot bitcoin exchange-traded funds (ETFs). Amid the positive sentiment, the Helium […]

As the window for spot Bitcoin ETF approval shrinks to 36 hours, market participants exhibit contrasting strategies. Bulls favor a breakout in Bitcoin and Ethereum price, while bears anticipate a correction triggered by the “sell-the-news” narrative, potentially preceding a longer-term upward trend. Ethereum Price Trend Continuation Depends On Critical Support Levels Although buoyant, Ethereum price stalled close to […]

In a dynamic crypto landscape, significant DOGE and SHIB transactions by crypto whales are catching the attention of investors worldwide. Recent moves involving large quantities of Dogecoin (DOGE) and Shiba Inu (SHIB) have spurred intrigue, reflecting a surge in confidence within the volatile meme coin segment. Meanwhile, as the broader crypto market experiences a bullish […]

The Blockchain Association has responded to Senator Elizabeth Warren’s intensified scrutiny over the hiring practices within the crypto sector. This response comes on the heels of Senator Warren’s allegations last month, suggesting that hiring former defense and law enforcement officials by the Blockchain Association and similar groups was an attempt to undermine legislative efforts. These […]