Jupiter integrates with Mercuryo to boost Solana gateway as JUP’s price nears $0.60 amidst volatile trading. The Solana decentralized exchange, Jupiter Exchange (JUP), gains attention for its strategic partnerships, notably with Mercuryo, a fiat on-ramp provider. This collaboration aims to improve user experience within the Solana ecosystem. As the JUP token hovers around $0.60, the…
Three traders scored big profits thanks to Jupiter Exchange’s native token, JUP, during its airdrop, despite fluctuations in JUP’s price. Jupiter Exchange’s native token, JUP, caused a stir in the global crypto scene as it helped three traders secure massive profits amid the broader market. These traders, identified as airdrop hunters, raked in over $1…
Cybertrace CEO Dan Halpin suggests that the crypto scammers are probably skilled in sales and marketing, given the “convincing” nature of the ruse. Cybersecurity company Cybertrace issued a cautionary alert about a “convincing” deep fake video featuring Australian mining tycoon Andrew “Twiggy” Forrest. In the video, Forrest is seen endorsing a fraudulent crypto trading platform…
Injective (INJ) sparks 2024 with DeFi success, including Bitfinex listing. Meanwhile, DeeStream (DST) introduces innovation at $0.035, emphasizing freedom, reduced fees, and decentralized governance in streaming’s future. Filecoin (FIL) experiences January highs amid storage demand but grapples with volatility and obstacles. Investors are shifting focus to DeeStream (DST) in the DeFi sector, drawn to its…
The Federal Reserve decided to keep interest rates unchanged for the fourth meeting in a row. This means they’re keeping the benchmark rate steady, within the range of 5.25% to 5.5%. The Federal Reserve decided not to change interest rates again, keeping them steady at between 5.25% and 5.5%. This is the fourth meeting in…
Neuralink achieves a milestone by implanting its brain-chip technology in the first human patient, with Elon Musk’s AI product to be named Telepathy. A recent report indicates that AI and real-world assets are emerging as significant drivers in the crypto market. Neuralink, a groundbreaking brain-chip startup, reached a major milestone on Sunday with the successful…
In a significant policy update announced in January 2024, Google has emerged as a prominent platform for advertising Bitcoin ETFs. This move follows a clarification of cryptocurrency ad requirements, positioning Google as a key player in promoting digital asset investments. The decision is regarded as a bullish signal for the cryptocurrency market, reflecting growing mainstream…
Kraken welcomes Marcus Hughes, former Managing Director of Coinbase’s European business and General Counsel for its international operations. Kraken CEO David Ripley highlights Hughes’ substantial experience at Coinbase and in investment banking. Ripley underscores the significance of adapting to swift regulatory changes in the cryptocurrency industry. Kraken Bolsters Leadership with Coinbase Executive and TradFi Expert…
Tracking the performance and details of these popular altcoins: Arbitrum (ARB) facing rejection, Shiba Inu (SHIB) holding at $0.000008, and Cardano (ADA) finding strong support. Although a recovery may be imminent, there is still a considerable distance to cover. Arbitrum’s ARB Faces Reversal Setback: Market Analysis The anticipated reversal for Arbitrum’s native token ARB encountered…
Financial institutions like HSBC and SDX Global are rapidly embracing blockchain technology, with HSBC introducing a blockchain-based platform for tokenized gold, and SDX Global completing the first transaction involving tokenized assets. BlackRock CEO Larry Fink anticipates a transformative future, foreseeing the tokenization of every financial asset. This projection signals a significant technological shift in the…
Despite China’s crypto ban since 2021, the country’s crypto market and investors persist in thriving underground, creatively navigating regulatory restrictions. Chinese investors continue to defy the government’s stringent measures, directing millions daily into digital assets. This defiance against crypto bans in China is prompted by a struggling domestic economy and an unstable stock market. Amid…
Rumors are circulating about a significant Bitcoin announcement involving Qatar and Saudi Arabia, with the potential involvement of 1 million BTC. The global crypto community is eagerly anticipating further details. In the dynamic realm of cryptocurrency, anticipation is building around a potential major Bitcoin announcement from Qatar and the Kingdom of Saudi Arabia. Cryptocurrency Buzz…
The crypto market experiences a downturn, witnessing a $100 million liquidation over 24 hours. This decline is attributed to factors such as profit-booking, uncertainty in the market outlook, and the impact of the Spot Bitcoin ETF. Amid a crypto market selloff on January 22, the cryptocurrency market witnessed a significant downturn, resulting in over $100…
This week brought a roundup of noteworthy events and changes in the crypto world. From newsworthy chronicles to significant developments, the cryptocurrency landscape witnessed a range of staggering moments. Keeping abreast of these updates is crucial for anyone navigating the dynamic and ever-evolving cryptocurrency space. Stay tuned for more insights into the latest happenings shaping…
Scott Melker explains that the drop in BTC price happened because Grayscale had to sell a matching amount of Bitcoins in response to the sale of GBTC shares. Bitcoin, the largest cryptocurrency, is experiencing significant selling pressure, dropping by 3.45% on Thursday and falling below $41,000. This extends its weekly losses to over 10%, with…
The next phone after Saga is getting an upgrade in both its hardware and a more affordable price, as shared by someone who knows about the upcoming plans. Solana Mobile is getting ready to release another smartphone, following the unexpected success of its initial crypto-ready phone, according to someone who knows about the company’s plans….
If the Federal Reserve lowers the returns on regular financial products this year, institutions might find DeFi (Decentralized Finance) products attractive. This means they could be tempted to explore and invest in DeFi as an alternative. Fidelity, an asset manager, suggests that if the Federal Reserve in the United States lowers interest rates as expected,…
Bitcoin is making headlines as it climbs impressively to $46,000, capturing significant attention in ‘First Mover Americas.’ This isn’t a fleeting moment but a substantial rally, fueled by the increasing excitement surrounding spot exchange-traded funds (ETFs). Notable names like BlackRock Inc. and Ark have been making adjustments to their ETF forms, creating widespread anticipation among…
In under a day after Indian users lost access to crypto wallet websites like Binance, their mobile apps were also removed from the Google Play Store. While there’s no official word from the government, officials from the electronics and information technology ministry mentioned that the decision to have Google take down these apps came after…
Bloomberg’s ETF analyst, James Seyffart, discussed how Bitcoin ETFs could affect the market and the strategies that different issuers might use. Seyffart pointed out that various ETFs are using different methods to attract investors. James Seyffart, a specialist in ETFs at Bloomberg, shared insights on the significance of ticker symbols. He indicated that certain ETFs…
As a spot Bitcoin ETF is set to launch soon, JPMorgan CEO Jamie Dimon has expressed his view that Bitcoin (BTC) holds no value. This comes amid discussions about the cryptocurrency and its potential impact with the upcoming ETF. Before the approval of the spot Bitcoin ETF, Jamie Dimon, the CEO of JPMorgan Chase &…
On January 10, U.S. asset managers are still optimistic about the Securities and Exchange Commission (SEC) allowing the trading of spot bitcoin exchange-traded funds (ETFs). Despite a misleading post on the SEC’s social media account falsely claiming approval, confusion arose on Tuesday. On Wednesday, the SEC is set to decide on the application of Ark…
BlackRock has made a strategic move in the competitive ETF market by reducing the fee for its iShares Bitcoin Trust to 0.25%. In a similar vein, the ARK 21Shares Bitcoin ETF has adjusted its fee to 0.21%. This adjustment signals an escalating fee war among providers of Bitcoin ETFs, as they strive to attract investors…
The Safety Team at X platform reported that the Twitter account of the U.S. Securities and Exchange Commission (SEC) was hacked. The Safety Team at X platform confirmed that an unidentified person compromised the U.S. Securities and Exchange Commission’s (SEC) Twitter account after a preliminary investigation. The crypto community faced confusion when the SEC X…
On Tuesday, the U.S. Securities and Exchange Commission (SEC) revealed that a message on the social platform X (formerly Twitter) announcing the approval of a long-awaited bitcoin exchange-traded fund (ETF) was not authorized. The SEC stated that its account was hacked. Following the unauthorized post, the price of bitcoin briefly surged by over $1,000. The…
BlackRock and VanEck submitted revised S-1 forms to the US SEC for spot Bitcoin ETF approval ahead of the impending deadline. This move underscores their commitment to meeting regulatory requirements and signals anticipation in the crypto community for potential ETF approval. The SEC’s decision holds significant implications for the broader adoption of Bitcoin and other…
People wanting to launch spot Bitcoin ETFs shared more details about their initial funding by submitting updated forms on Monday. On Monday, the biggest cryptocurrency, Bitcoin (BTC), saw a significant rise, crossing the $47,000 mark. This surge coincided with updates from issuers like BlackRock, Fidelity, and others who submitted revised paperwork to the U.S. Securities…
The online marketplace for second-hand goods, Mercari, introduced an in-app bitcoin exchange for its users last year. Mercari, a popular digital flea market platform in Japan with more than 22 million monthly active users, is considering enabling users to buy products using bitcoin by June this year, as reported by Nikkei. Mercari’s Bitcoin Payment Plans…
The XRP Ledger, known as XRPL, might be facing a continuous and aggressive distributed denial of service (DDoS) attack, indicating a challenging time for the blockchain. In a recent tweet, Magnetic X, a prominent decentralized exchange (DEX) project on XRPL, shared details about the ongoing attack. The project disclosed that the XRPL has been facing…
Max Keiser has expressed concerns about the potential approval of the Bitcoin ETF, suggesting that it could lead to the confiscation of investments in the future. As people on Satoshi Street eagerly anticipate the debut of the inaugural Bitcoin ETF, Bitcoin enthusiast Max Keiser has been expressing concerns about this new financial tool, signaling potential…
In the past 24 hours, the price of Bitcoin dropped by more than 1%, reaching $43,579. This decline follows a fall from the 21-month highs seen earlier this month. After a remarkable surge in December 2023 and the initial week of 2024, cryptocurrencies seem to have experienced a sudden shift in sentiment. Cryptocurrency Market Update:…
James Seyffart, a knowledgeable analyst, confidently states that there’s a strong 95% likelihood of the Bitcoin Spot ETF gaining approval on January 10. According to his insights, the chances seem quite favorable for this significant event in the cryptocurrency world. Excitement is building up for the potential approval of a Bitcoin ETF, especially since the…
Bitcoin advocate Michael Saylor has raised concerns about the increasing threat of AI deep-fakes in the cryptocurrency space. He emphasized a notable rise in scam videos and urged caution among crypto enthusiasts. Saylor’s warning comes as the technology behind deep-fakes becomes more sophisticated, posing potential risks to individuals in the Bitcoin community. Michael Saylor Warns…
Bitcoin, the leading cryptocurrency globally, is making headlines as substantial whale activity captures the attention of the crypto community. Bitcoin, the pioneering digital currency established in 2009, attracted considerable attention in the crypto market recently. This surge in interest followed significant whale transfers, with a substantial 4,377 BTC being moved from the Kraken exchange to…
Myro (MYRO) surges amid a potential meme coin comeback, aiming to rival Bonk, which gained momentum with the rise of SOL price. A new player, Memeinator, an AI meme crypto project, is making waves, with its presale reaching $3 million. As Bonk (BONK) slows down from its rapid ascent in the past two months, attention…
The U.S. Securities and Exchange Commission (SEC) is getting closer to approving spot Bitcoin ETFs, but we’re still not sure when they will officially launch. There’s also some confusion about whether the SEC will approve all 11 applicants at once or in smaller groups. Let’s dive into the details of this Bitcoin ETF update. There…
The US Securities and Exchange Commission (SEC) is set to make a decision on spot Bitcoin exchange-traded funds (ETFs) soon, as it has reached the end of the extension period. This means that a judgment on Bitcoin ETFs is imminent. The crypto community is buzzing with excitement over the potential approval of a spot Bitcoin…
According to recent reports, there’s a possibility that the U.S. Securities and Exchange Commission (SEC) might inform those who applied for spot Bitcoin ETF approval by this Friday. Many people are saying that the U.S. Securities and Exchange Commission (SEC) might tell those who want approval for a spot Bitcoin ETF by Friday, January 5,…
On January 3, 2024, Bitcoin (BTC) celebrates its birthday, marking the day it was introduced by Satoshi Nakamoto in 2009. In the early days, Bitcoin faced skepticism and even bans from countries like India and the United States. Critics raised concerns about scams and illegal transactions. However, over time, Bitcoin has gained widespread acceptance, and…
A well-known market analyst, Michael van de Poppe, mentioned that the unconfirmed news of a potential rejection of the spot Bitcoin ETF triggered a selling spree in the market. This uncertainty surrounding the ETF decision had an impact on investor sentiment, leading to a decline in market prices. In a recent twist, the price of…
On January 3, Bitcoin faced an abrupt decline, witnessing a more than 10% drop within a 24-hour period and slipping below the $41,000 mark per coin. Just a day before, Bitcoin had achieved a remarkable milestone by surpassing $45,000 per coin, marking a 21-month high and recording a substantial 160% annual gain in 2023. Market…
Matrixport, a crypto financial services platform, is predicting that the U.S. Securities and Exchange Commission (SEC) may reject the proposal for Bitcoin Spot ETFs. In light of this, they have issued a caution about a possible drop in Bitcoin’s price, suggesting it could dip to $36,000. The platform is advising traders to consider protective measures…
As the deadline for Bitcoin ETF applications gets closer, many believe the US Securities and Exchange Commission (SEC) is ready to give the green light to spot Bitcoin ETFs. Yet, Bloomberg’s ETF specialist, Erich Balchunas, points out a possible hurdle. He suggests that the SEC may demand straightforward language about cash-only creations and a signed…
Following the latest acquisition, MicroStrategy now holds a remarkable $6 billion worth of Bitcoin on its balance sheet. Despite a dip in Bitcoin (BTC) to $42,000 following a sell-off, major players are seizing the opportunity. MicroStrategy Chairman Michael Saylor recently revealed that his company has capitalized on the dip by making a new acquisition of…
Turkey’s President appoints an Expert crypto assets and blockchain, to the central bank’s Monetary Policy Committee. This move follows economic team reshuffling amid policy rate hikes, signaling Turkey’s emphasis on blockchain and crypto assets in the realm of digital finance. In a recent decision by Turkey’s President Recep Tayyip Erdogan, Professor Fatma Ozkul, known for…
Nigeria’s central bank has decided to allow people to use cryptocurrencies again. They mentioned in their recent announcement that they noticed a growing trend worldwide, indicating the importance of regulating such transactions. In February 2021, the Central Bank of Nigeria (CBN) made a rule that banks and financial institutions couldn’t be involved with or help…
The U.S. Securities and Exchange Commission (SEC) recently had special phone meetings with all the people applying to start Bitcoin Exchange-Traded Funds (ETFs). This kind of thing doesn’t happen often in the rules made by the government. Charles Gasparino, a Senior Reporter at Fox Business Network, said this is quite unusual. The main talk during…
Max Keiser, a well-known supporter of Bitcoin and financial analyst, is expressing serious worries about the soon-to-arrive Bitcoin spot Exchange-Traded Funds (ETFs). Despite the financial community eagerly awaiting these ETFs, anticipating increased mainstream adoption for Bitcoin, Keiser suggests there might be hidden aspects to these financial instruments that are not immediately apparent. SEC’s Potential Approval…
The European Union (EU) has initiated an investigation into Elon Musk’s X over potential violations of the Digital Services Act (DSA). This move signals a significant step in the regulatory scrutiny of online platforms within the region. The European Commission has taken a significant step by formally starting proceedings against Elon Musk’s X under the…
Right now, if you own a Saga phone, the free BONK tokens you get are worth $877. So, for a little while, it’s like having a “phone that pays for itself.” Lots of people wanting meme coins are buying Solana’s crypto phone because the price of the Solana memecoin Bonk (BONK) went up a lot—more…