ARK Invest CEO and CIO Cathie Wood said on Aug. 7 that the SEC could approve multiple Bitcoin spot ETFs at once but will likely not do so by an upcoming deadline. Wood stated during an interview with Bloomberg: “I think the [U.S. Securities and Exchange Commission], if it’s going to approve a Bitcoin ETF, […]

The Hong Kong Securities and Futures Commission (SFC) has warned against unlicensed virtual asset trading platforms (VATPs) engaging in improper practices, including false licensing claims and non-compliance with regulations. (Read More)

Bendigo Bank admitted that the ban would also affect genuine payments, but it’s a risk it must take following similar moves by three of the Big Four Aussie banks. […] Read More… The post Australia’s Bendigo Bank bans high-risk digital currency payments for 2.3M clients appeared first on CoinGeek.

Bitcoin (BTC) has been no stranger to dramatic price swings in the volatile cryptocurrency world. As September approaches, market analysts closely monitor BTC’s possibility of plunging below the $25,000 mark.  However, history has shown that September’s struggles often pave the way for a resurgence in October, with massive rallies that rekindle investor optimism.  Potential For […]

The hackers behind the recent exploit of several pools on the decentralized exchange Curve Finance have returned approximately 73% of the stolen crypto assets, accounting for about $52.3 million. Blockchain security firm PeckShield revealed Monday that Curve Finance lost $73.5 million in the hack. With the amount recovered so far, the exchange is looking to […]

Representative Patrick McHenry, (R-NC), chair of the  U.S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system.” McHenry also used the announcement of […]

The Yield Guild Games (YGG) token recently surged, rising by 580% in less than a week before crashing, as visible in the daily chart. YGG is currently changing hands at $0.37 with a market capitalization of over $101 million when writing on August 7.  Prices have since retraced from the $0.99 recorded earlier today as […]

The government of Shanghai plans to launch a blockchain hub with Hong Kong and Singapore to improve city governance, public services and facilitate diverse industrial applications. […] Read More… The post Shanghai to launch blockchain hub connecting Hong Kong and Singapore by 2025 appeared first on CoinGeek.

Currently, Bitcoin is encountering obstacles in surpassing the $30,000 threshold. In the midst of small fluctuations, traders and investors are seeking chances to obtain cryptocurrency at more favorable rates. Nevertheless, the pressing question remains: on which day of the week can one find the most cost-effective opportunity to purchase the leading digital asset? Unveiling the […]

Whales and long-term holders were not willing to sell their BTC holdings, while shrimp and fish increased accumulation.