Author: e_cash_top

[ad_1] Several large-cap cryptocurrencies, including Ethereum, Solana, Cardano, and others, rallied following the approval of a spot Bitcoin exchange-traded fund (ETF) in the U.S. BTC’s price mostly traded flat following the news, posting a modest 1.35% gain to trade at $46,258 as of press time. This price performance is surprising considering the hype and enthusiasm…

[ad_1] Quick Take The pre-market trading landscape reveals a promising start for IBIT, BlackRock spot Bitcoin ETF. With pre-market trading in full swing on WeBull, volume has surged to 41,000, indicating increased investor activity. IBIT Volume: (Source: WeBull) Notably, the order book predominates bids over asks, indicative of a tilt towards buying rather than selling.…

[ad_1] The derivatives market for Bitcoin (BTC) and Ethereum (ETH) experienced significant fluctuations following the incident on Jan. 9, where the U.S. Securities and Exchange Commission’s (SEC) Twitter account was compromised. This false announcement of a spot Bitcoin ETF approval led to a series of market reactions that wiped out over $50 billion in Bitcoin’s…

[ad_1] Members of the U.S. Securities and Exchange Commission (SEC) commented on the approval of various spot Bitcoin products on Jan. 10. One commissioner, Caroline A. Crenshaw, expressed dissent by raising concerns about fraud and market manipulation as well as broader concerns about Bitcoin. Most notably, she contested the nature of the recent approvals, stating:…

[ad_1] The Web3 user analytics platform Cookie3 announced a partnership with the blockchain press release service Chainwire on Jan. 10. In an X post, Cookie3 explained that the partnership provides companies with ways to track the success of their press releases. It wrote:  “While Chainwire amplifies your press releases across multiple platforms, it’s essential to…

[ad_1] The Federal Bureau of Investigation (FBI) has joined an investigation into a security breach involving the SEC’s X account, Reuters said on Jan. 10. An SEC spokesperson told Reuters: “The [U.S. Security and Exchange Commission] continues to investigate the matter and is coordinating with appropriate law enforcement entities, including the SEC’s Office of the…

[ad_1] Grayscale acknowledged that the U.S. Securities and Exchange Commission (SEC) approved its spot Bitcoin ETF proposal on Jan. 10. Grayscale CEO Michael Sonnenshein said: “The approval of spot Bitcoin ETFs in the United States is a monumental step forward for GBTC investors and all those who realize the potential for crypto to transform our…

[ad_1] The U.S. SEC has officially approved the first spot Bitcoin exchange-traded funds (ETFs) after 11 years of rejecting such products, according to a Jan. 10 regulatory filing. The first spot Bitcoin ETF application was filed in 2013, and the SEC rejected every subsequent proposal due to various concerns related to financial stability and market…

[ad_1] Bankrupt cryptocurrency exchange FTX is seeking court permission to divest several Bahamas luxury real estate properties under the settlement terms with the Bahamian liquidators of FTX Digital Markets, a Jan. 9 court filing suggested. FTX aims to secure permission from the Delaware bankruptcy court to sell these luxurious apartments, provided a buyer offers 80%…

[ad_1] Bloomberg Terminal has listed all eleven spot Bitcoin exchange-traded funds (ETF) following their appearance on brokerage platforms, which strongly suggests imminent SEC approval. Bloomberg ETF analyst Eric Balchunas broke the news of the listing and believes the regulator will officially announce the approval within a few hours, between 4 pm to 6 pm Eastern…