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Bitcoin's Potential Rally Amid USD Dominance and Top Warning Signal
January 18, 2024
The crypto market's expectations for de-dollarization may be premature as the US dollar continues to be the preferred currency for international transactions in 2023. Meanwhile, Bitcoin displays what seems to …
Read moreLearn Concept: Understanding Bitcoin Spot ETFs and Their Surge in Popularity
January 18, 2024
Spot Exchange-Traded Funds (ETFs) have gained massive traction in the crypto world, making it necessary to understand their operation and potential implications for the crypto market. Spot Bitcoin ETFs, backed …
Read moreU.S. Court Questions SEC's Broad Definition of Securities in Coinbase Case
January 18, 2024
The judge overseeing the court hearing between Coinbase and the U.S. Securities and Exchange Commission (SEC) has expressed concerns over the SEC's definition of securities. In previous proceedings, Coinbase was …
Read moreBitcoin Worth $2 Billion Awakens after Five Years of Dormancy
January 18, 2024
Quick Update In a remarkable event, around $1.9 billion worth of Bitcoin, approximately 44,800 BTC, returned to circulation after remaining dormant for over five years. The significant transactions took place …
Read moreBitcoin ETFs See Massive Trading Activity Post-Launch
January 17, 2024
The newly launched Bitcoin ETFs have seen a record trading volume of nearly $10 billion within the first three days, according to reports from Bloomberg ETF analysts. This number significantly …
Read moreInvestors Flee Grayscale Bitcoin Trust Amid Rising Spot ETF Popularity
January 17, 2024
Grayscale Bitcoin Trust (GBTC) has seen staggering net outflows reaching $1.18 billion. At the same time, other US spot bitcoin ETFs have witnessed a significant influx of capital worth $2 …
Read moreRipple's CEO Criticizes SEC's 'Rigid' Crypto Policy
January 17, 2024
Ripple's CEO, Brad Garlinghouse, has openly critiqued SEC chair, Gary Gensler, labeling his approach to crypto regulations and continuous legal actions as a "political liability." This comment was made during …
Read moreChiliz and Klaytn Tokens Rise Amidst Advancements and Mergers
January 17, 2024
Klaytn and the Finschia Foundation plan to merge their respective blockchains, potentially creating an influential Web3 entity in Asia. Concurrently, Chiliz (CHZ), the cryptocurrency behind exciting fan engagement in sports …
Read moreBitcoin Achieves Historic Milestone, Surpasses Key Moving Averages
January 17, 2024
Summarized InsightsRecently, key statistical indicators have shown promising signs regarding the performance of Bitcoin. Most notably, the 200-week moving average (WMA) of Bitcoin has for the first time, surged above …
Read moreParents of Sam Bankman-Fried Seek Dismissal of FTX Lawsuit Amidst Public Sentiment for Lenient Sentence
January 17, 2024
In recent developments concerning FTX's former CEO, Sam Bankman-Fried, his parents, Joseph Bankman and Barbara Fried, have reportedly sought a legal dismissal of a lawsuit by the bankrupt cryptocurrency exchange …
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