Bitcoin, the largest digital asset, experienced a historic day on January 10, 2024, as the US Securities and Exchange Commission (SEC) finally approved spot exchange-traded funds (ETFs) tracking its performance. This long-awaited move sent shockwaves through the cryptocurrency industry, attracting massive volumes of approximately $2 billion within hours of the ETFs going live on various
Gemini, a prominent cryptocurrency exchange, has stated that the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. will revolutionize the crypto futures market. In this article, we will explore the potential impact of ETF approval on liquidity, market participation, and the perception of Bitcoin among traditional investors. Enhanced Liquidity and Market Participation
As the new year begins, the crypto market is already showing signs of positivity. In the first week of 2024, crypto investment products received total inflows of $151 million, according to CoinShares. While Bitcoin remained the dominant asset, Cardano emerged as a surprising contender, attracting significant investment inflows. This article delves into the latest crypto
DappRadar, a well-known source for insights into decentralized applications (dapps), has expanded its scope by incorporating games and decentralized applications from the Oasys blockchain into its listings. This exciting development offers users the opportunity to explore a wide range of dapps within the Oasys ecosystem, providing greater exposure for these projects within the blockchain community.
Grayscale, a leading digital asset management firm, has received approval from the U.S. Securities and Exchange Commission (SEC) for its spot Bitcoin exchange-traded fund (ETF) proposal. This landmark decision has significant implications for GBTC (Grayscale Bitcoin Trust) investors and the future of cryptocurrency. The approval underscores the growing recognition of crypto’s transformative potential in the
Celsius, the once-prominent platform in the world of cryptocurrency staking, lending, and exchange, has recently found itself in the midst of controversy. Following its approval of a bankruptcy plan last year, Celsius has shifted its focus to Bitcoin mining. However, amidst this transition, the company has taken the opportunity to lash out at former clients
Lucky Block Casino has recently unveiled an updated whitepaper that showcases the exciting new features and enhancements for the newly integrated $LBLOCK V2 token. This token, which operates on the Ethereum blockchain, has already started trading on the Uniswap decentralized exchange with a remarkable 23% price increase in just the first hour of trading. Currently
In a groundbreaking move, the United States Securities and Exchange Commission (SEC) has given its approval for all 11 spot Bitcoin Exchange-Traded Funds (ETFs) submitted by the largest asset managers in the world. This significant development marks a turning point for both the cryptocurrency and Bitcoin market, as it paves the way for increased institutional
In a surprising turn of events, the Securities and Exchange Commission’s (SEC) official Twitter account was hacked, resulting in a false tweet claiming that Bitcoin ETF applications had been approved. This incident shed light on the intense anticipation surrounding the approval of a Bitcoin ETF. The price of Bitcoin experienced a notable surge before plummeting
Universal Page, a recently launched NFT platform, is set to transform the blockchain experience and make digital collectibles more accessible. Co-founded by former employees of Meta and Amazon, Jake Prins and Vlad Lykhonis, the platform operates on LUKSO, a new L1 blockchain created by Ethereum pioneer Fabian Vogelsteller. With its unique features and mission to