Bitcoin, the largest digital asset, experienced an eventful day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This development marked a significant milestone for the cryptocurrency industry, but it also brought about unexpected volatility. When the ETFs went live on several stock
Gemini, a well-known cryptocurrency exchange, believes that the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States will have a significant impact on the crypto futures market. They view this development as a game-changer that will bring more liquidity and diverse market participation to the ecosystem, potentially reshaping the dynamics of perpetual
Celsius, the once-popular crypto staking, lending, and exchange platform, has recently sparked outrage with its aggressive clawback attempts. After shifting its focus to Bitcoin mining following its bankruptcy case, the platform has taken a drastic step to recover funds from former clients. This move comes after Celsius raised the “unsecured creditors” argument in court to
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