Author: e_cash_top

[ad_1] As the crypto market holds its breath for the U.S. Securities and Exchange Commission’s (SEC) impending decision on the first spot Bitcoin Exchange-Traded Fund (ETF), a close analysis of Bitcoin’s on-chain data reveals a market in a state of cautious anticipation. Between Jan. 4 and Jan. 8, 2024, Bitcoin’s price increased from $44,230 to $46,944…

[ad_1] Speaking on CNBC’s ETF Edge on Jan. 9, VanEck’s CEO, Jan van Eck, said he expects the spot Bitcoin ETFs to start trading on Thursday, Jan. 11. Additionally, Steven McClurg, the Chief Investment Officer for Valkyrie, one of the other applicants in the race, told Fortune this week that he also believes Thursday will be…

[ad_1] Mash, the Lightning wallet-powered online platform for monetizing media, has introduced a Rewards Page, enabling publishers and creators to conduct Bitcoin giveaways via marketing initiatives. The platform revealed that its partners, including CryptoSlate, publishing firm TFTC, The Cymes, Nic Carter, and Lord Miles on X (formerly Twitter), have simultaneously launched giveaway campaigns for their…

[ad_1] Following last night’s news that the SEC had responded to several applicants for a spot Bitcoin ETF with additional comments, Blackrock has this morning, Jan. 9, submitted further amendments to its S1 prospectus with the SEC. However, upon CryptoSlate’s review of the document, there appear to be only two minor changes, indicating this is…

[ad_1] Quick Take Bitcoin open interest has witnessed an impressive increase in the past 24 hours, catapulting over $20 billion in notional value, a peak not observed since Dec. 2021, according to Coinglass. This surge appears to rekindle the market vigor exhibited during Bitcoin’s all-time high in Nov. 2021. In the past 24 hours, the…

[ad_1] In a Jan. 8 interview on Bloomberg ETF IQ, Reggie Browne from GTS, the trading and liquidity services provider, discussed the potential approval of a spot Bitcoin ETF in the U.S. and its implications. Browne predicted an initial premium of approximately 8% above fair value for the ETFs, a significant figure considering the typical…

[ad_1] VanEck is heating up the competition by seeding its potential spot Bitcoin exchange-traded fund (ETF) with a substantial $72.5 million, according to the amended S-1 form filed on Jan. 8. The move is part of a broader strategy among various asset managers who are vying for the attention of investors through competitive fee structures…

[ad_1] OpenAI published a blog post on Jan. 8 in which it responded to an ongoing lawsuit previously initiated by The New York Times. On Dec. 27, the newspaper alleged in a lawsuit that OpenAI violated copyright law and used millions of its articles to train automated chatbots. OpenAI, however, claims that The New York…

[ad_1] CleanSpark Inc., the third largest public Bitcoin mining company by hashrate, has agreed to purchase up to 160,000 Bitmain S21 miners, according to a Jan. 8 announcement. The move could propel its hashrate to an impressive 50 EH/s over the coming year, marking a substantial leap from its current 10 EH/s. Bitcoin hit a…

[ad_1] Bitcoin developers at Ninjalerts have successfully inscribed the Super Nintendo Entertainment System (SNES) emulator on a Bitcoin satoshi, marking a significant advancement in the capabilities of Bitcoin Ordinals. The project was spearheaded by the team at Ninjalerts and aims to redefine the intersection of art, gaming, and blockchain technology in the form of NFTs…