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Bitcoin Plunges Below $42K Following Initial Trading of ETFs

January 13, 2024

Following the debut of Bitcoin (BTC) exchange-traded funds (ETFs) on U.S. markets, Bitcoin's price took a significant hit, plunging to a low of $41,730, resulting in a 24-hour loss of …

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SEC Confirms Security of Systems after Deceptive Bitcoin ETF Announcement

January 13, 2024

Following the recent breach of one of its social media accounts resulting in a counterfeit Bitcoin ETF approval announcement, the U.S. Securities and Exchange Commission (SEC) has confirmed that all …

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Learn Concept: The Impact and Implications of Bitcoin ETFs

January 13, 2024

Exchange-Traded Funds (ETFs) have given Bitcoin a significant boost in the financial market. With the SEC approving Bitcoin ETFs, there has been an incredible investment enthusiasm driving Bitcoin values. Despite …

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Genesis Settles Charges in New York, Forfeits BitLicense and Pays $8 Million

January 12, 2024

Genesis Trading has agreed to forfeit its BitLicense and pay an $8 million settlement, following allegations of fraud and anti-money laundering raised by the New York State Department of Financial …

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BlackRock Reflects on Bitcoin ETF Launch, Eyes Ethereum for Future ETF Offerings

January 12, 2024

The CEO of the world's largest asset management firm, BlackRock, has recently made significant shifts in his views on cryptocurrency and the potential for tokenization within the financial sector. Following …

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Taproot Wizards' Quantum Cats Collection Capitalizes on Bitcoin Inscriptions

January 12, 2024

Tapping into the craze for digital collections on the blockchain, Taproot Wizards, notable for their Bitcoin Ordinals project, has rolled out a new collection named 'Quantum Cats'. The collection, comprising …

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Coinbase Conducts $7.7B Bitcoin Transfer Amid $4.65B Bitcoin ETF Premiere - CoinShares Buys Bitcoin ETF Provider

January 12, 2024

Spot Bitcoin ETF Trading and Massive Bitcoin Transfers The introduction of spot Bitcoin ETF trading on January 11, 2023, noticed a substantial transaction worth $4.65 billion, with primary market holders …

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South Korean Regulator Flags Legal Concerns Over Foreign Bitcoin ETFs

January 12, 2024

South Korea's Financial Services Commission (FSC) has warned that domestic securities firms brokering overseas-listed Bitcoin spot exchange-traded funds (ETFs) could potentially be violating local laws. The regulator pointed out the …

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Terra Co-Founder, Do Kwon, Seeks Delay in SEC Trial Pending Extradition

January 12, 2024

Terraform Labs co-founder, Do Kwon, is reported to be seeking a delay in his trial involving the Securities and Exchange Commission (SEC). According to court filings, Kwon is awaiting extradition …

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Unveiling of Bitcoin Spot ETFs Marks a Historic Moment for Crypto Market

January 12, 2024

January 11, 2024 marked the launch of the first U.S. Bitcoin spot ETFs, an eagerly anticipated event that drew significant attention from crypto experts. Among them was Alex Fazel from …

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