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Bloomberg Analyst Predicts 70% Chance for Coinbase to Win SEC Lawsuit
January 19, 2024
The legal battle between Coinbase, the cryptocurrency trading platform, and the U.S. Securities and Exchange Commission (SEC) appears to be leaning in favor of Coinbase. This claim comes from Bloomberg …
Read moreBitcoin Struggles to Hold Major Support Amid Market Selloff
January 19, 2024
Bitcoin and other major cryptocurrencies, including Solana, Avalanche, and Cardano, are facing a harsh selloff, resulting in Bitcoin's price falling to $40K. This comes in the wake of recent Spot …
Read moreTron and Tether React to UN's Report of TRC-20 USDT Being Used for Illicit Activities
January 19, 2024
Tron founder, Justin Sun, has responded to the UN's recent report alleging the illicit use of TRC-20 USDT in illegal financial activities, terming it as a misrepresentation of professional facts …
Read moreU.S. Bitcoin ETFs Impact Spot Prices and ARK Diversifies Towards It
January 19, 2024
The recent launch of the first spot Bitcoin ETFs in the U.S. is proving to have significant terms of the global pricing of Bitcoin. Local U.S. markets showed a dramatic …
Read moreEthereum Spot ETF Delayed by SEC; ETH Price Dips Amid Hurdles for Fresh Increase
January 19, 2024
The U.S. Securities and Exchange Commission (SEC) has deferred its decision on Fidelity's proposed Ethereum spot ETF, originally filed on Nov. 17, 2023, and up for decision by Jan. 20, …
Read moreLearn Concept: Understanding the Impact of Large Bitcoin Inflows After Dormancy
January 19, 2024
In certain situations, when large amounts of formerly dormant Bitcoin return to active circulation, it could potentially cause significant shifts in the digital asset market. Recently, nearly $1.9 billion worth …
Read moreCrypto-Related Crime Drops by 40% in 2023
January 19, 2024
The cryptocurrency market experienced significant positive growth in 2023, accompanied by a substantial decline in crypto-related scams and illegal activities, according to new data. Blockchain analysis firm, Chainalysis, released its …
Read moreBitcoin ETFs Surpass Silver, Second Only to Gold
January 19, 2024
Overview The recently launched Bitcoin ETFs, collectively known as the 'Newborn Nine', have seen record inflows, even surpassing silver ETFs in the market. With net flows sky-rocketing to a notable …
Read moreBitcoin Plummets to $41K Amidst Dwindling ETF Hype and GBTC Outflows
January 19, 2024
As the hype around the initiation of Bitcoin's first spot ETFs subsides, Bitcoin (BTC) suffered significant losses on January 18. The crypto currency touched $41,107, marking a 3.5% dip in …
Read moreTether Amplifies Its Bitcoin Portfolio, Acquiring Over 8,900 Additional BTC
January 18, 2024
The stablecoin issuer, Tether, has seen a significant amplification in its Bitcoin holding, currently constituting over 66,000 BTC, with a projected value surpassing $2.8 billion. Data reveals that Tether's BTC …
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