Social media platform X, under the leadership of billionaire Elon Musk, has announced its plans for 2024, which include the implementation of long-awaited payment features. This announcement has led to a surge in Dogecoin (DOGE) prices. The platform’s achievements in 2023 included the launch of an AI-powered search assistant named Grok and an ad revenue-sharing […]
Following the approval of spot Bitcoin ETFs, Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has expressed caution regarding Ethereum. In a recent interview with CNBC, Gensler discussed the potential for a spot Ethereum ETF to gain SEC approval in the future. While he acknowledged the approval of Bitcoin ETFs, he stressed […]
The Hedera Global Governing Council has approved the allocation of 4.86 billion Hedera, the network’s native cryptocurrency, for advancements in decentralized governance and development. The majority of these funds, amounting to 4.248 billion HBAR, will be received by the HBAR Foundation, the Hashgraph Association, and the DLT Science Foundation, as per a blog post by […]
BlackRock CEO Larry Fink has expressed optimism for a spot Ethereum exchange-traded fund (ETF) following the successful launch of the company’s Bitcoin ETF product, IBIT. The Bitcoin ETF garnered over $1 billion in trading volume on its first day. Fink’s comments come as BlackRock filed for a spot Ethereum ETF in November 2022, with speculation […]
Renowned investor and Shark Tank personality, Kevin O’Leary, has stirred the Bitcoin community by criticizing the recent approval of Spot Bitcoin ETFs, calling them “practically useless” for institutional investors due to the fees associated with them. Despite this, O’Leary remains optimistic about Bitcoin’s long-term prospects, predicting a significant price surge by 2030.O’Leary’s main issue with […]
BlackRock CEO Larry Fink has recently shared his insights on the future of cryptocurrencies, particularly Bitcoin and Ethereum, and their role in the financial system. Fink, who was previously skeptical about Bitcoin, has acknowledged a significant shift in his viewpoint. He now sees Bitcoin as an alternative source for wealth holding, similar to gold, a […]
In the dynamic world of cryptocurrency, recent developments in Dogecoin (DOGE), Solana (SOL), and a new entrant, Rebel Satoshi ($RBLZ), have captured the attention of investors. As the crypto market experiences exciting shifts, investors are at a crossroads, contemplating the top crypto coins, the best cryptocurrency to buy, and promising altcoins.Dogecoin, the dog-inspired cryptocurrency, has […]
The cryptocurrency landscape is witnessing a dramatic shift as Ethereum (ETH) outperforms the long-reigning king, Bitcoin (BTC). Despite the recent approval of Bitcoin’s spot ETF, Ethereum has surged 13.5%, reaching a 9-month high above $2,650, while Bitcoin has experienced a 10% dip. This unexpected development has sparked a debate within the crypto community about whether […]
A Solana-based maximum extractable value (MEV) bot recently seized a $1.7 million profit from a single, unconventional trade involving the memecoin Dogwifhat (WIF). The bot, operated by an entity known as ‘2fast’, executed a sequence of swaps involving 703 Solana (SOL) tokens and 490,000 WIF tokens, which were then converted back into 19,035 SOL. This […]
The US Securities and Exchange Commission (SEC) has recently given the go-ahead for a spot Bitcoin ETF, albeit somewhat reluctantly. This has sparked speculation about when the agency will approve an exchange-traded fund that tracks the performance of the second-largest cryptocurrency.The year 2023 is set to be a landmark year for ETFs, with numerous companies […]
