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Congressional Scrutiny on SEC Over Social Media Account Hack

January 10, 2024

The U.S. Securities and Exchange Commission (SEC) has come under congressional scrutiny following a security breach of its official social media account, X (formerly Twitter). The account was compromised and …

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Fake ETF Approval Tweet Causes Massive Bitcoin Movement and $90M Liquidation

January 10, 2024

Twitter Hoax Leads to Bitcoin Market TurmoilA compromised Twitter account recently broadcast false news of a Bitcoin ETF approval, causing significant disturbance in the crypto market. Bitcoin's value initially soared …

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Bitcoin Nears an Unprecedented Profitability Peak as 91% of Supply Now Profitable

January 10, 2024

Bitcoin Profitability Regime Peaks Latest data indicates that nearly 91.20% of the entire circulating Bitcoin supply has now entered a state of profitability. This impressive figure, constituting almost 17,553,000 BTC, …

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Ready Player One Ventures into Metaverse; Ethereum Poised for an Upward Swing

January 10, 2024

Ernest Cline, the author of Ready Player One, and Dan Farah, the producer of the film adaptation, have partnered with Futureverse to develop a metaverse for Ready Player One named …

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Learn Concept: Understanding the Impact and Mechanism of Bitcoin ETFs

January 10, 2024

Exchange-Traded Funds (ETFs) represent a type of security that involves a collection of securities—such as stocks—that often track an underlying index. In recent times, the concept of Bitcoin ETFs has …

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Bitcoin ETF Approval Anticipated Soon According to Top Executives

January 10, 2024

Leading executives from the likes of Valkyrie and VanEck have expressed optimism regarding the approval of a spot Bitcoin ETF. The much-anticipated decision is expected to arrive on shortly and …

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SEC Twitter Account Breach Causes Momentary Bitcoin Surge and Fall

January 9, 2024

The U.S Securities and Exchange Commission's (SEC) Twitter account was reportedly compromised, causing a temporary spike in Bitcoin's value. Gary Gensler, the SEC Chairman, confirmed the security breach on Twitter, …

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Prospects of Bitcoin ETFs: A Global Analysis and Predictions

January 9, 2024

Bitcoin Exchange Traded Funds (ETFs) have been thriving in nations like Brazil and Canada, while the U.S. ventures on the verge of an exciting historical mark. Noteworthy is the performance …

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Grayscale's BTC Fund Records High Trading Amid ETF Approval Expectations

January 9, 2024

Grayscale's Bitcoin Trust recorded a surge in trading on January 8, with a significant reduction in the fund's discount to 6.82%, its lowest since April 2021. The increased activity is …

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Spot Bitcoin ETFs to Trade 8% Above Fair Value, Predicts Expert

January 9, 2024

Reggie Browne, Co-Global Head of ETF Trading and Sales at liquidity services provider GTS, predicted a potential trading premium for spot Bitcoin ETFs in a recent interview. He estimated that …

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