The United States Securities and Exchange Commission (SEC) has recently set a stringent deadline of December 29th for companies seeking to launch exchange-traded funds (ETFs) tied to spot Bitcoin price. In a high-level meeting held on December 21st, SEC officials engaged with representatives from prominent financial entities, including BlackRock, Grayscale Investments, ARK Investments, and 21
The native cryptocurrency of Solana, known as SOL, has been on a remarkable climb for the past three weeks, surpassing the $110 mark on Sunday morning. This surge in price demonstrates the resilience of the cryptocurrency, as it reaches levels not seen since the collapse of Terra a year and a half ago. The increasing
In recent years, as the cryptocurrency market experienced declining prices and global interest rates continued to rise, investors began to seek alternative avenues for potential investment. One such avenue that has gained significant attention is artificial intelligence (AI). While Bitcoin continues to dominate the market, experts believe that AI will soon take center stage. According
In the world of cryptocurrency, where transactions are often made in a decentralized and anonymous manner, questions of transparency and compliance with regulations are bound to arise. One such case that has caught the attention of legal experts and regulators is the sale of over £15m in shares of UK-based cryptocurrency firm Copper Technologies by
Bitcoin, the foremost cryptocurrency, has always been regarded as a unique digital asset. Its decentralized nature and ability to operate outside traditional monetary systems have been key factors driving its popularity. However, Arthur Hayes, the former CEO and co-founder of BitMEX, has recently expressed concern over the potential downfall of Bitcoin. He believes that the
A recent analysis of on-chain data has revealed a significant increase in the number of Dogecoin (DOGE) tokens being transferred out of the popular trading platform, Robinhood. With over 112 million DOGE tokens recently moved into a private wallet, worth approximately $10.4 million at the time of transfer, investors are left wondering about the potential
Bitcoin (BTC) and the broader crypto market have the potential for a positive year in 2024, driven by various on-chain metrics. This article explores the factors that could influence Bitcoin’s trajectory in the coming year, including the upcoming halving, growing stablecoin liquidity, the anticipated approval of a spot Bitcoin exchange-traded fund (ETF), and macroeconomic conditions.
The Central Bank of Nigeria (CBN) has recently made a significant reversal of its previous stance by lifting the ban on cryptocurrency transactions in the country. This change, announced through a circular on December 22, allows Nigerian banks and other financial institutions to resume operations with cryptocurrency service providers. The initial ban, imposed in February
In a recent interview on the Coin Stories podcast, Fox Business anchor Charles Payne shared his thoughts on investing in stocks versus Bitcoin. While stocks offer shareholders exposure to great businesses and the opportunity to participate in the capitalist system, Bitcoin may have a greater upside potential. Payne believes that Bitcoin has the ability to
Bitcoin, the pioneer of cryptocurrencies, has been on a positive trajectory in the past week, witnessing a gain of 3.45% in its price. This upward movement adds to the bullish trend of the past month, where Bitcoin surged by an impressive 16.78%. However, despite these promising numbers, there seems to be a growing sense of
