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Cryptocurrency News

Location American Cryptocurrency News for 3 January 2024
Bitget Exchange Reports Significant Growth in Employees and User Base, Highlights Focus on Bitcoin Expansion in 2024 Source: AdobeStock / Rafael Henrique Seychelles-based cryptocurrency derivatives exchange Bitget has seen prolific growth in its employee and user base in 2023. According to its recently released year-end report, the cry...
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Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport "SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said.
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Radiant Capital Reports Exploit of $4.5 Million Ethereum Loss Source: Radiant Capital (Edited by Hongji Feng) Radiant Capital has confirmed a security breach in its network, leading to the theft of Ethereum valued at approximately $4.5 million. According to the blockchain security ...
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Spot ETF Approvals Will See BTC Value Rising to $50,000 in January -- Matrixport The expected approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission will see the top crypto asset’s price jumping to $50,000 in January, the latest market prev...
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Crypto Scammers Swipe $123K in stETH from Nest Wallet Founder in Fake Airdrop The Nest Wallet founder has lost his life savings in an elaborate fake crypto airdrop scam. Image by Kerem Goktug Kaya, DALL-E 3. In a sobering reminder of the prevalence of cryptocurrency scams, Nest Wallet co-founder B...
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Crypto Investors Beware: IRS Crypto Tax Reporting Rules for $10k+ Transactions Now in Effect The controversial crypto tax reporting requirements within the bipartisan infrastructure bill signed into law in 2021 are now in effect as of January 1. These new Internal Revenue Service (IRS) rules mandate that cryptoc...
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Is Binance CEO Richard Teng Changing the Industry's Messianic Narrative + More News Richard Teng. Source: a video screenshot, Bloomberg Television / YouTube Get your daily, bite-sized digest of crypto and blockchain-related news - investigating the stories flying under the radar of today's news. In this...
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Fidelity Undercuts Bitcoin ETF Market with Low 0.39% Fee Source: iStock/pichet_w With the Securities and Exchange Commission (SEC) nearing the potential approval of the first Bitcoin (BTC) exchange-traded funds (ETFs), issuers are vying for an early advantage to capture invest...
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Over $460 Million Longs Liquidated in Past Hour as Bitcoin Drops 8% on Spot ETF Delay Rumors Image Source: Pixabay More than $460 million in longs liquidated across the crypto market over the past hour alone after the price of Bitcoin dropped by 8% on rumors that the SEC might delay spot ETF approval. According ...
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Mystery Wallet Rockets to Top 10 Bitcoin Holders With 8,888 BTC New Year's Gain A bitcoin wallet, believed to be linked to Tether, the leading stablecoin issuer, has ascended to become the tenth largest holder of bitcoin. This elevation occurred after an accrual of 8,888 bitcoin from Bitfinex as the...
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Cardano Price Prediction as ADA Dumps 7.5% - Can ADA hit $1 in 2024? Cardano (ADA), the cryptocurrency that powers the smart-contract-enabled layer-1 Cardano blockchain protocol, dumped 7.5% on Wednesday. ADA/USD was last changing hands around $0.56 per token, having at one point traded a...
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Goldman Sachs Set to Become Authorized Participant in BlackRock and Grayscale's Bitcoin ETFs: Report Goldman Sachs is expected to be the latest financial institution to take on the role of authorized participant (AP) in two key Bitcoin ETFs, according to a new report. Traditional finance's adoption of crypto The report,...
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Bitcoin Price Prediction as ETF Approval Date Approaches - Quick Pump to $50,000 Incoming? In the volatile world of cryptocurrencies, Bitcoin recently experienced a sharp decline, losing over 7% in just 24 hours, and dragging other major cryptocurrencies down with it. Ethereum, Solana, XRP, Cardano, and Avalan...
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What Caused Bitcoin's 10% Crash: Matrixport? Jim Cramer? Leverage? Bitcoin cratered almost 10% below $41,000 early Wednesday around the time Matrixport's report about warning of a spot BTC ETF decline, but it was more likely due to a leverage flush as the market overheated, a K33 analys...
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Matrixport Report Says SEC Unlikely to Approve Spot Bitcoin ETFs in January, Price to Drop Below $40,000 The crypto financial services platform Matrixport has said it does not see the U.S. Securities and Exchange Commission approving any spot bitcoin exchange-traded fund in January. In its latest report, the crypto platform...
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$MATIC Breaks Above $1 as Major Pump Seems Likely - How Does it Stack Up Against $GFOX?   In the ever-evolving landscape of cryptocurrencies, where volatility is the norm, two players are currently in the spotlight of the best cheap crypto to buy right now -- $MATIC and $GFOX. Investors are buzzing with an...
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The Protocol: Is Solana's Rebound The Real Thing? Solana has been one of the biggest gainers of the latest crypto cycle, with a handful of airdrops and meme tokens accelerating big boosts in the price of SOL. Also, Ethereum co-founder Vitalik Buterin has released an upd...
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Bitcoin (BTC) Faces Downside Threat from Altcoins Like Solana (SOL) & Borroe Finance ($ROE) Bitcoin (BTC) will need to hold the psychological price of $40,000 to avoid a bearish momentum, given that the leading cryptocurrency recently retested this level. On the other hand, Borroe Finance ($ROE) and Solana (SOL...
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Bitcoin Miners Profit from Transaction Fees; Algorand and InQubeta Set for Positive Trajectory The revenue that Bitcoin (BTC) miners earn from transaction fees has risen. Due to more Ordinals being signed, the projects’ network fees went up to over $37. The platform’s hash price has also increased, which is su...
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Ethereum Foundation Announces Devcon 7 Conference in Bangkok, Thailand, November 12-15, 2024 Source: Adobe Stock / Dennis The Ethereum Foundation has announced that Devcon 7, the Ethereum developer conference, will be hosted in Bangkok, Thailand, from November 12 to 15, 2024. The decision reflects an expansion o...
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SEC To Finalize Comments On Spot Bitcoin ETFs With Nasdaq, NYSE Source: DALL·E The U.S. Securities and Exchange Commission (SEC) will reportedly hold meetings with the nation's largest stock exchanges on Wednesday, refining all details related to a suite of Bitcoin ETF applications....
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Dogecoin Price Prediction as DOGE Slumps 10% as $1 Billion Trading Volume Comes In - Can DOGE Hit $1 in 2024? Dogecoin (DOGE) is down sharply on Wednesday, with the price having dipped around 10% over the past 24 hours, in line with a broader sell-off witnessed across the crypto market. Fears that the US SEC might not approve sp...
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