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Bitcoin
Concerns Mount Over Potential SEC Rejection of Spot Bitcoin ETFs, Analyst Weighs In
The possibility of the U.S. Securities and Exchange Commission (SEC) rejecting spot bitcoin exchange-traded funds (ETFs) became a concern after financial watchdog group Better Markets called on the securities regulator to reject spot…
Blackrock Lines up $2 Billion for Spot Bitcoin ETF Launch, Sources Say
Blackrock, the world’s largest asset manager, has reportedly lined up more than $2 billion for its spot bitcoin exchange-traded fund (ETF) within days of launch. Vaneck’s head of digital assets research and a Bloomberg ETF analyst…
Watchdog Group Warns SEC: Reject Spot Bitcoin ETFs or Face ‘Financial Carnage’
Financial watchdog group Better Markets has called on the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), warning that they “will inflict massive investor harm.” The…
2.15 Million Ethereum Poured Into Liquid Staking Protocols in 6 Months
Recent statistics indicate that in the past six months, a substantial 2.15 million ethereum has been allocated to liquid staking derivatives protocols. As of Jan. 6, 2024, Lido Finance holds a dominant share, exceeding 75% of the total…
Solana’s Rocky Start to 2024 — SOL’s Value Dips Over 6% Amidst Previous Year’s Highs
During the initial week of 2024, the digital currency solana experienced a sharp decline, shedding over 6% in value. This downturn has relegated the crypto asset to the fifth position in market rank, as it oscillates beneath the $100…
Mystery Transfer — Unidentified Wallet Sends $1.19 Million in Bitcoin to Satoshi Nakamoto’s Genesis…
Two days after Bitcoin’s 15th anniversary, an unidentified wallet transferred roughly 26.917 bitcoin, valued at $1.19 million, into Satoshi Nakamoto’s Genesis wallet. Originating on Jan. 3, 2009, this wallet has primarily…
Ark Invest Continues to Sell Coinbase Shares
In a strategic move, Ark Invest has offloaded another portion of its Coinbase holdings, selling over $29 million worth of COIN shares from its ETFs. This decision aligns with Ark’s target weighting policy and follows Coinbase’s…
Nasdaq-Listed Bitcoin Miner Cleanspark to Launch in-House Trading Desk, CEO States It ‘Makes…
Cleanspark, a Nasdaq-listed Bitcoin mining company, has announced that it will launch an in-house trading desk to maximize the return on its cryptocurrency holdings. Cleanspark CEO Zachary Bradford explained that organizing their trading…
Harvesting the Digital Skies: The Controversial Practice of Airdrop Farming
As the crypto economy burgeons, a new trend called airdrop farming is taking root, offering both promise and pitfalls. The following is an exploration of this emerging practice, unraveling its intricacies, potential rewards, and the…
Gamma Heist — Over $3M in Digital Assets Drained, 1,000 ETH Moved to Tornado Cash
On Jan. 4, the decentralized finance protocol Gamma Strategies was a victim of a hacking attack which saw criminals make off with digital assets worth over $3 million. To pre-empt further attacks, Gamma Strategies said it has shut off all…