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Cryptocurrency News

Location American Cryptocurrency News for 12 January 2024
Here Are the Coins that Will Benefit the Most from the Bitcoin ETF Approval Source: DALL·E Some cryptocurrencies are likely to benefit more than others following the SEC’s spot Bitcoin ETF approval in the USA. Spot Bitcoin ETF approval give non-web3 savvy retail and institutional investors ea...
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UBS Will Let Some Customers Trade Bitcoin ETFs, Contrary to Rumors: Source The Zürich-based banking giant's decision contrasts with Vanguard's decision to bar customers from buying bitcoin ETFs.
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ECB Member Isabel Schnabel: Bitcoin Is 'Speculative,' 'Unlikely' to Be Purchased by the Bank Isabel Schnabel, member of the European Central Bank (ECB) executive board, has blasted bitcoin’s characteristics, stressing that it is a speculative asset unlike central bank digital currencies (CBDC) like the propose...
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What Other Crypto Firms Could Go Public This Year After Circle's SEC filing marking the first step towards a public listing, CoinDesk examined the other firms that might try to go public amid a rebound in crypto markets. High on the list of possibles: Kraken and Ripple.
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Coinshares Expands US Footprint Through Strategic Takeover of Valkyrie and Its Array of ETFs On Friday, Coinshares International Limited, announced that the firm has acquired Valkyrie Funds LLC, the U.S.-based digital asset manager. The Saint Helier company said the decision comes after a direct result of Valkyr...
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World Economic Forum Confronts AI Challenges and Public Cynicism Ahead of Davos Summit In three days, the World Economic Forum (WEF) Annual Meeting will convene on Jan. 15-19, and much of the world's elite will be in Davos for the event. Before the meeting, the WEF published the 19th annual edition of the ...
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Unraveling Gensler's Strategy: The Reason Behind Allowing Spot Bitcoin ETFs When the Securities and Exchange Commission (SEC) decided to approve Spot Bitcoin ETFs for public trading on Wednesday, the deciding vote fell to chairman Gary Gensler. After years of criticizing and rejecting such produ...
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BlackRock's New Bitcoin ETF Debuts Strong, Holding Over $120 Million in BTC BlackRock’s spot Bitcoin ETF now holds 2,620 BTC worth $120 million after launching on the Nasdaq exchange. Image by Sundry Photography, Adobe Stock. BlackRock’s new spot bitcoin exchange-traded fund (ETF) is off to ...
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Navigating Spot Bitcoin ETFs in the US: What You Need To Know In 2013 an entity affiliated with the Winklevoss twins sent the first application to The United States Securities and Exchange Commission (SEC) to create a spot Bitcoin (BTC) exchange-traded fund (ETF). The SEC officiall...
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Genesis Global Trading Settles With New York for $8M Over Regulatory Non-Compliance, Forfeits Bitlicense According to the New York State Department of Financial Services (DFS), Genesis Global Trading has agreed to a settlement fine of $8 million and will forfeit its New York state Bitlicense as part of the agreement over co...
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Bitcoin Price Tumbles 6% as Post-Bitcoin ETF The Bitcoin (BTC) price has tumbled more than 6% from the mid-$46,000s to the mid-$43,000s, as the post-spot Bitcoin ETF “sell-the-fact” reaction comes in. The US SEC approved the launch of the first 11 spot Bitcoin ...
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3 Crypto To Accumulate in an Income Portfolio in 2024 In 2024, the crypto market is brimming with potential for those aiming to build a crypto-centric income portfolio. Indeed, with significant events such as the next Bitcoin halving on the horizon, ditching the clichés of...
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6 AI Chatbots Forecast Bitcoin's 2024 Finale -- Predicting $60K to $90K Amid ETF Inflows and Halving Hype In November 2023, six unique AI-driven chatbots were queried to forecast the value of bitcoin by year-end, with their projections spanning from $15,000 to $45,000 per bitcoin. As of the initial week of January 2024, bitc...
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Bitwise, Fidelity, BlackRock See Biggest Bitcoin ETF Inflow in Preliminary Tally Data about inflows is still incomplete and market watchers might have to wait until Friday evening for the full picture, Bloomberg analyst Eric Balchunas pointed out.
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Genesis Global Trading Pays $8M to Settle New York Lawsuit Genesis Global Trading has agreed to pay $8 million and give up its BitLicense to settle anti-money laundering and fraud charges against it, New York State Department of Financial Services (DFS) Superintendent Adrienne A...
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Taproot Wizards, Bitcoin Ordinals Project That Raised $7.5M, to Sell 'Quantum Cats' Collection The "NFTs on Bitcoin" project has capitalized on the popularity of the controversial Ordinals protocol, which has generated a flurry of interest in the original blockchain but added to congestion and higher fees.
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CoinShares Exercises Option to Acquire Valkyrie Funds Following Spot Bitcoin ETF Approval Source: Adobestock Investment management company, CoinShares has exercised the right to acquire Valkyrie Funds, a unit of Valkyrie Investment Inc. following the approval of its spot Bitcoin (BTC) ETF by the Securities an...
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Synapse Network Embarks On A Historic Journey By Migrating To zkSync   Synapse Network, a leading cross-chain launchpad, is embarking on a groundbreaking journey by migrating its native token, $SNP (soon to be $zkSNP), to zkSync, heralding the dawn of the era of Zero Knowledge and Layer ...
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Kevin O'Leary says Institutions Won't Use Spot Bitcoin ETFs and Hints at Next Trend in Crypto (Photo by Steven Ferdman/Getty Images) While the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States will further lead to the institutionalization of Bitcoin, Kevin O’Leary — a Canadian v...
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Can the Polkadot Ecosystem Blossom? Toncoin and InQubeta Anticipate Significant Development Polkadot’s (DOT) founder, Gavin Wood, recently introduced Polkadot 2.0. This approach uses core time rentals to become flexible and is an excellent addition to its ecosystem. Meanwhile, Toncoin (TON) and InQubeta (QUBE...
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Telcoin Fully Restores User Balance Two Weeks After $1.2 Million Exploit Source: Pixabay Financial app developer Telcoin has restored all user balances two weeks after an exploit led to $1.2 million worth of funds being drained from users’ accounts. In an email to CryptoNews, Telcoin noted ...
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Two South Korean Brokerages Pause Transactions of Foreign Spot Bitcoin ETFs Source: Pixabay Two major South Korean securities firms have suspended transaction services of foreign spot Bitcoin ETFs. Following an announcement from South Korea’s Financial Services Commission, the country’s top ...
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