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Cryptocurrency News

Location American Cryptocurrency News for 8 January 2024
Bitcoin Price Prediction: SEC Alerts, ETF Optimism and a 6000% Growth Outlook In the rapidly evolving world of cryptocurrency, Bitcoin continues to capture headlines and investor interest, trading at $43,548 with a slight decrease of nearly 1% as of Monday. Amidst this fluctuating landscape, the U...
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Blackrock Expects SEC to Approve Spot Bitcoin ETF This Wednesday Blackrock, the world’s largest asset manager, reportedly expects its spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust, to be approved by the U.S. Securities and Exchange Commission (SEC) this coming W...
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SEC Issues 'Fear of Missing Out' Warning Ahead of Spot Bitcoin ETF Decision The U.S. Securities and Exchange Commission (SEC) has warned investors about fear of missing out (FOMO). “Just because others might buy a particular investment, doesn’t mean it’s the right opportunity for you,” t...
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Crypto Whales Are Quietly Loading Up on This Hidden AI Gem - Find Out Why Crypto whales are rushing to buy LPX tokens during Launchpad XYZ’s presale phase in order to access AI crypto trading tools before public listing. Image by HappyWhale, Adobe Stock. The AI crypto market has seen astrono...
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Is GMT Going To Zero? GMT Price Drops 25% as Meme Kombat Reach $6.3 Million GMT price dropped 25% from yesterday’s peak as Meme Kombat raised over $6 million in crypto presale. Image by Kerem Goktug Kaya, DALL-E 3. Following a surge of 30% yesterday, the move-to-earn platform STEPN’s native ...
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Gold Rush Continues - Central Banks Purchased 44 Tonnes in November Krishan Gopaul, senior analyst of the World Gold Council, revealed that central banks kept adding gold to their reserves during November. According to public records and reports from the International Monetary Fund (IMF)...
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SEC Chair Gary Gensler Issues Twitter Thread Advising Crypto Investors Ahead of Potential Spot Bitcoin ETF Approval SEC chair Gary Gensler. Source: A video screenshot, YouTube / SEC The United States Securities and Exchange Commission (SEC) Chairman Gary Gensler has issued a warning for those considering investing in crypto assets ahe...
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Core Scientific Closes $55 Million Equity Offering for Bitcoin Mining Operations Source: AdobeStock Bitcoin mining company Core Scientific has disclosed the outcomes of its $55 million Equity Rights Offering (ERO). The ERO, created to raise funds, experienced oversubscription, with total subscription...
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Bitcoin (BTC) Price Pumps Above $47,000 As ETF FOMO Explodes - Where Next Is It Headed Next? Bitcoin Blasts Higher / Source: Adobe The Bitcoin (BTC) price just vaulted above $47,000 for the first time since April 2022 as FOMO comes in ahead of the expected approval of spot Bitcoin ETFs by the US SEC later in the...
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Bitcoin Soars Past $47K, Outstrips Meta in Market Cap Amid ETF Speculation and Intense Trading Bitcoin breached the $47K threshold on Monday, fueled by growing excitement over the potential launch of a U.S. spot bitcoin exchange-traded fund (ETF). The leading crypto asset kicked off the day at $43,247 per unit, th...
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Bitcoin Price Prediction as BTC Achieves 20-Month High Above $47K - Can It Break Past $50,000 Soon? Bitcoin, the flagship cryptocurrency, has recently soared above the $47,000 mark, reaching a 20-month high, amidst growing investor optimism. This remarkable rally is largely driven by the buzz around the anticipated app...
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Bitcoin could rally 10%-15% more in case the SEC approves spot bitcoin ETFs, LMAX strategist Joel Kruger noted.
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Bitcoin ETFs: The Bear Case

Coin Desk - 8 Jan 2024 23:24
Bitcoin ETFs: The Bear Case Bitcoin exchange traded funds may not actually be approved, due to the SEC's long-held concerns about market manipulation. And, if they are, they could change the nature of Bitcoin itself, to the detriment of Satoshi Nak...
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North Korea's Lazarus Group Moves $1.2M Bitcoin From Coin Mixer to Holding Wallet Source: AdobeStock North Korea-sponsored hacking syndicate Lazarus Group has transferred $1.2 million worth of cryptocurrency from a mixer, marking their largest transaction in over a month. In a post on X (formerly Twit...
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Morgan Stanley's Chief Economist Predicts Rate Cuts 'This Year' as Market Eyes Federal Reserve's Next Move This year, mirroring last year’s speculation, market observers are keenly awaiting decisions from the U.S. Federal Reserve concerning the federal funds rate, with a particular focus on potential rate cuts this year. El...
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Mysterious $1.2M Bitcoin Transaction to Satoshi Nakamoto Sparks Speculations The wallet receiving the hefty payout is the address that mined the Bitcoin network's first-ever block reward some 15 years ago, commencing the start of the blockchain.
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Polygon NFT Volume Hits 6-Month High, Igniting Renewed Interest in Layer-2 Scaling Solution Polygon’s NFT volume hit a 6-month high in December 2023, surpassing $10 million in daily sales. Image by itsmaku, Adobe Stock. The NFT market on the Polygon blockchain network saw considerable growth and renewed inter...
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Layer 1 Areon to Launch Mainnet on January 12

Bitcoin.com - 8 Jan 2024 22:00
Layer 1 Areon to Launch Mainnet on January 12 PRESS RELEASE. A highly anticipated layer 1 project, Areon Network, is launching their mainnet on January 12, remarking the start of the Areon ecosystem. The date also coincides with Areon's self-designated birthday: the...
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Bitcoin ETFs: The Bull Case

Coin Desk - 8 Jan 2024 21:54
Bitcoin ETFs: The Bull Case One train of thought says that SEC approval of spot bitcoin ETF will send the market flying. Here's how that could play out. In a separate post, we review the bear case, where the market may not react with such optimism.
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Biggest Crypto Gainers Today on Uniswap - PNDC, BSSB, BIGTIME Uniswap. Source: Adobe / vladim_ka While crypto markets are enjoying a modest rally on Monday, PNDC, BSSB and BIGTIME are the biggest crypto gainers today on Uniswap. BTC is near $45,000 as investors await imminent expec...
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Vitalik Buterin's Advice on Prudent Investing Draws Skepticism Among Crypto Investors Source: Pixabay Ethereum co-founder Vitalik Buterin responded "awful advice" to a post on X that warned investors not to diversify their portfolios. Commenting on the post, Buterin offered practical financial advice, str...
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Former DCG Advisor Larry Summers Named Among Academics Linked to Epstein List Image Source: Harvard Magazine Larry Summers, a former Digital Currency Group (DCG) advisor, has been named as one of several academics in connection with the infamous American financier Jeffrey Epstein. The link has com...
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