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Bitcoin
SEC Postpones Verdict on Ark 21shares and Global X Spot Bitcoin ETFs
The U.S. securities regulator recently announced a delay in its verdict on the Ark 21shares Bitcoin ETF. Consequently, the U.S. Securities and Exchange Commission (SEC) has marked January 10, 2024, as the decisive day to either greenlight…
Biggest Movers: BCH, LINK Move to 6-Week Highs on Wednesday
Bitcoin cash was once again a big mover, as the cryptocurrency rose by nearly 10% during today’s session. The move saw price climb to its highest level since mid-August, and came as U.S. dollar strength pushed the S&P 500 to a…
Mixin’s $20 Million Plea: Platform Transmits Onchain Bid to Reclaim Stolen Assets
After a cyberattack resulted in a staggering $200 million loss from the decentralized exchange (dex) platform Mixin, the company revealed that its cloud service provider had been compromised. In a bid to recover the stolen funds, Mixin is…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rally as US Government Shutdown Fears Worry Stock…
Bitcoin rebounded strongly on Wednesday, as U.S. indices continued to fall ahead of a potential government shutdown. The U.S. government could run out of money later this week, if a deal is not reached to increase funding. Ethereum also…
Tanzanian Central Bank Launches Foreign Exchange Reserves Boosting Gold Buying Scheme
The Bank of Tanzania said on Sept. 25 that it has kickstarted an initiative that seeks to boost the country’s foreign exchange reserves by buying gold with local currency. The bank said its objective is to acquire six tonnes of gold…
Worldcoin Blows up in Chile; Sign-Ups Exceed 1% of the Population
Worldcoin, the biometric wallet and ID project, has reported that it has signed up more than 1% of the population of Chile. According to the organization, more than 200,000 Chileans are already using Worldcoin, a popularity uptick shared…
Judge Limits Bankman-Fried’s Trial Arguments; Allows Recreational Drug Use Questions
A federal judge has issued rulings limiting some arguments the defense can make at Sam Bankman-Fried’s criminal fraud trial next month. However, the judge will allow Bankman-Fried’s lawyers to question witnesses about past…
Bernstein: Crypto Funds Poised for 13x Growth: From $50B to $650B in 5 Years
Bitcoin and crypto asset funds currently represent a niche market with an estimated worth of $50 billion, as highlighted by Bernstein Research. Yet, under the leadership of Gautam Chhugani, Bernstein’s team of analysts anticipates…
Moneygram Introduces Non-Custodial Crypto Wallet for Cross-Border Payments
Moneygram, a leading money transfer company, announced plans to launch its own non-custodial digital wallet in partnership with the Stellar Development Foundation. The wallet will enable users to convert between fiat and digital currencies…
U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler.