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Grayscale, the world’s largest digital asset manager, recently received approval from the U.S. Securities and Exchange Commission (SEC) for its spot Bitcoin ETF proposal. This groundbreaking development marks a significant milestone for GBTC investors and indicates a promising future for the transformative potential of cryptocurrencies. Grayscale CEO Michael Sonnenshein expressed his gratitude to the company’s
Ethereum, the second-largest cryptocurrency by market capitalization, is currently displaying indications of a bullish breakout, according to two prominent analysts in the crypto space. World Of Charts has observed that Ethereum exhibits consolidation within a bullish pennant pattern, which typically suggests a continuation of an upward trend. Should Ethereum successfully break out of this pattern,
In the world of blockchain and digital collectibles, Universal Page is making waves with its innovative NFT platform. Co-founded by Jake Prins and Vlad Lykhonis, former employees of Meta and Amazon, Universal Page aims to revolutionize the blockchain experience and make digital collectibles more accessible to everyone. One of the key features that sets Universal
The recent removal of several crypto exchange applications from Apple’s Indian App Store has caused significant concern among industry players. Binance South Asia confirmed that their application, along with others like Kraken, MEXC Global, HTX, and Gate.io, have been affected. This move by Apple reflects its stringent stance on cryptocurrency and compliance with local regulations.
The Securities and Exchange Commission (SEC) recently faced a major embarrassment when its Twitter account, @SECGov, was hacked. The incident shed light on the agency’s vulnerability to cyber attacks and raised concerns about its ability to protect sensitive information. The hack revealed a lack of basic security measures, sparking criticism from industry experts and further
Fox reporter Eleanor Terrett has recently brought attention to a crucial procedural element within the U.S. Securities and Exchange Commission (SEC) that could potentially influence the fate of the highly anticipated spot Bitcoin Exchange-Traded Fund (ETF) approval. This revelation has generated significant interest and speculation within the crypto community. Terrett’s tweet on January 9th shed
A recent report by Kaiko has shed light on a concerning trend in the cryptocurrency market – the severe decline in liquidity for privacy tokens. The data reveals that liquidity for privacy tokens has reached an all-time low of just $5 million. This sharp drop can be attributed to the delisting of several trading pairs
Altcoins have been grabbing the attention of investors as they offer alternative investment opportunities beyond the dominant cryptocurrency, Bitcoin. Santiment, an analytics firm, recently highlighted the altcoins that are displaying bullish and bearish divergences. By analyzing the Relative Strength Index (RSI), Santiment determined the overvalued and undervalued conditions of several altcoins. This article will delve