The SEC has delayed its decision on seven Bitcoin ETF proposals, including those from industry giants such as BlackRock, Fidelity, Bitwise, VanEck, Valkyrie, Invesco & Galaxy, and WisdomTree. This 45-day delay adds to the long list of setbacks for institutions aiming to secure approval for a Bitcoin ETF, as the SEC has previously cited concerns […]
The US Securities and Exchange Commission (SEC) has announced a delay in the review process for WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF) application, a move widely anticipated by industry experts. This delay is part of a series of postponements affecting multiple ETF applications, including those submitted by Invesco and Galaxy Digital, and even Valkyrie […]
The XDC Network is currently in the red zone, following the bearish outlook of the broader crypto market. Its price has dropped by 4% in the last 24 hours, and if this trend continues, it could reach the $0.05 mark.Technical indicators suggest that XDC could witness a bullish recovery around the support at $0.059. The […]
Maker (MKR) price has seen an impressive surge over the past 24 hours, breaking above a price level that had been constraining bulls since the broader market downturn in mid-August. MKR pushed to highs of $1,186 before it began to pare the gains as sellers swooped in amid profit taking deals.On-chain data shows that accumulation […]
Ripple (XRP) holders have the opportunity to earn passive income through the upcoming XRP Ledger (XRPL) Automated Market Maker (AMM). By becoming Liquidity Providers (LPs) and contributing to liquidity pools, XRP holders can benefit from the trading fees generated by these pools.Panos Mekras, a Financial Consultant and the Founder of DigitalGen, has highlighted the potential […]
Cardano (ADA) has seen a surge in its network health, with a total of 4.261 million unique wallet addresses and a Total Value Locked (TVL) of 625.97 million ADA. Despite the crypto bear market, the Cardano network has seen a 6 percent growth in wallet addresses since April 1, 2023. However, the price of Cardano […]
Bitcoin trading volume has seen a large boost recently, according to data from the on-chain analytics firm Santiment. The trading volume refers to the daily total amount of a specific asset being moved around on the blockchain. When the value of this metric is high, it means that many tokens of the cryptocurrency in question […]
Binance, the world’s largest centralized exchange by trading volume, is considering the possibility of exiting the Russian market due to the ongoing heightened political sanctions against Russia from countries like the US. This could have a major impact on the entire crypto market, including Bitcoin Spark, a new DeFi project that intends to leverage blockchain […]
Bitcoin’s rally to nearly $28,000 this week was short-lived. On Thursday, the top crypto asset fell back to $26,300, which was roughly its level before the pump. This price dump has triggered $103.58 million in liquidations over the past 24 hours, including $3.12 million liquidation on Bybit. In total, over 34,700 traders were liquidated by […]
The Pi Network, a mobile-based crypto mining platform, has invited developers to join its ecosystem and build new applications. The team stated that developers would have access to the network’s extensive user base of 47 million and would be able to onboard easily without needing blockchain and crypto-specific programming language or experience. The project also […]
