The United States Securities and Exchange Commission (SEC) is reportedly on the verge of informing spot Bitcoin ETF applicants of their approval within the coming days, with the potential announcement to be made on January 2 or January 3, according to a Reuters report on December 29. This news has caused ripples of excitement within
Cryptocurrency hedge funds have made a remarkable comeback in 2023, with an average return of 44% as of December 20. This impressive rebound comes after a challenging year in 2022, where these funds experienced a significant loss of 52%. Out of the 29 strategies monitored, cryptocurrency hedge funds emerged as the top-performing investment strategy. This
India’s cryptocurrency market has been a topic of much debate and controversy in recent years. With a lack of clarity in several aspects of its crypto policy, many might expect the country to lag behind in terms of adoption and interest. However, a new report by crypto exchange CoinDCX reveals that India has emerged as
Meme coins have become increasingly popular in recent years, attracting both seasoned and new investors in the cryptocurrency market. The likes of $SHIB, $DOGE, and $SPONGE have produced substantial gains for some lucky individuals. The latest addition to this meme coin niche is $TSUKA, a Solana-based token inspired by the Japanese legend of the Dejitaru
As the crypto market enters the year 2024, various experts and analysts have made bold predictions about the future of Bitcoin. Mark Mobius, renowned for his accurate forecasts, predicts that Bitcoin will climb to $60,000 by the end of the year. Similarly, Youwei Yang, the chief economist at Bit Mining, projects an even higher price
In the past 24 hours, Tellor (TRB) experienced a whirlwind of price fluctuations that left investors puzzled and speculating about market manipulation. The cryptocurrency surged to a peak of over $600 before crashing down to $137, causing it to be the most liquidated token within this time period. This article delves into the details of
The US Securities and Exchange Commission (SEC) may soon notify asset managers about the approval status of their spot Bitcoin ETF applications, according to a recent report from Reuters. This news has generated anticipation and speculation within the cryptocurrency market. While some experts believe that the approval of a Bitcoin ETF could have a significant
The year 2023 marked a significant transformation in the realm of cryptocurrency investments, as the landscape of crypto venture capital (VC) funding experienced a substantial decline of 68%. This decline, which saw investments drop from $33.3 billion in 2022 to $10.7 billion, unsurprisingly caused concern among industry experts. However, despite this decrease, the year 2023
Pink Drainer, a notorious crypto-hacking group, has once again made headlines for its involvement in a highly sophisticated phishing scam. This time, the scam resulted in a staggering loss of $4.4 million worth of Chainlink (LINK) tokens. The group targeted a single victim who unknowingly fell victim to a deceptive tactic that involved the signing
In a recent development, Coinbase Global, the renowned cryptocurrency exchange, has undergone a change in its custody division’s leadership. As confirmed by a spokesperson, Aaron Schnarch, the former CEO of Coinbase Custody, has left the company. His departure marked the appointment of Rick Schonberg as his successor in August. This move by Coinbase aligns with
