The U.S. Securities and Exchange Commission (SEC) is reportedly on the brink of approving the first cash Bitcoin Exchange-Traded Funds (ETFs), according to Eric Balchunas, a senior ETF analyst at Bloomberg. This development could potentially trigger a significant surge in the cryptocurrency market, with Bitcoin leading the charge.As Balchunas reveals, the SEC is currently providing […]
The crypto market is currently on edge as investors and analysts speculate about the future of cash Bitcoin ETFs in the U.S. The potential approval by the SEC could mark a new chapter in the history of cryptocurrencies, presenting new opportunities and challenges.According to Eric Balchunas, a senior ETF analyst at Bloomberg, we are closer […]
DCG, a prominent player in the financial sector, has successfully completed the repayment of a substantial $700 million debt to Genesis. This significant financial move is part of DCG’s larger strategy to clear over $1 billion in debt owed to various creditors. The ambitious plan aims to achieve this within a span of just over […]
Crypto analyst Guy Turner has forecasted a potential significant price surge for Cardano (ADA). He suggests that ADA could rally to as high as $1, which is the next significant level of resistance. This projection is based on ADA’s weekly chart, which indicates that the crypto token is painting a bull flag.However, Turner doesn’t find […]
Marathon Digital Holdings has reported its highest monthly Bitcoin mining output ever, successfully mining 1,853 BTC in December. Over the course of the last year, the company mined 12,852 BTC, valued at over $563.4 million, which is more than triple its production of 4,144 BTC in 2022. The Bitcoin miner also increased its average operational […]
Bitcoin developer Luke Dashjr has been unsuccessful in rallying support for a proposed “bug fix” to the Bitcoin code that would halt Ordinals and Inscriptions on the blockchain. Dashjr’s proposal was aimed at addressing the congestion caused by Ordinals and BRC-20 tokens on the Bitcoin network. However, the Bitcoin community has been divided on the […]
The cryptocurrency lender Celsius Network, currently in bankruptcy, has revealed its plan to unstake a significant amount of its ethereum holdings. This action is part of the company’s ongoing restructuring efforts and is aimed at facilitating asset distribution to its creditors.The decision to unstake ethereum is part of a broader strategy to manage the company’s […]
Ethereum’s (ETH) development and scaling narratives may be too complex for average developers and entrepreneurs, yet they are “intellectually satisfying” for researchers and architects, according to Alliance DAO’s Qiao Wang. In contrast, Solana (SOL) has clear goals that may seem less confusing.Wang, who has 133,000 followers on X, criticized the “ETH marketing department” for constantly […]
Keet io, a technology based on “Holepunch,” is set to revolutionize the creation of distributed networks. By eliminating single points of failure, it gives individuals ownership over their data and communications. This is a significant shift in the face of growing concerns about data harvesting and censorship of centralized services. Keet io is launching a […]
Matthew Sigel, the Head of Research at VanEck, has hinted that BlackRock’s Spot Bitcoin ETF could see a record-breaking amount of inflows upon its launch. This comes as an approval order by the Securities and Exchange Commission (SEC) appears to be imminent.Sigel, speaking on an X (formerly Twitter) space hosted by The Block, mentioned that […]
