Author: e_cash_top

[ad_1] The price of Bitcoin (BTC) surpassed $47,100 on Jan. 8 amidst expectations of spot Bitcoin ETF approvals over the coming days. Bitcoin was priced at $47,162 at 7:15 p.m. UTC. At the time, its market cap is roughly $918 billion. The latest high represents daily gains for Bitcoin and other top-ten crypto assets. Bitcoin…

[ad_1] The U.S. Securities and Exchange Commission (SEC) began to publish notices of filing updates related to spot Bitcoin ETFs on Jan. 8. As of 10:45 p.m. UTC, the SEC’s national securities exchange page listed amendments to eight 19b-4 filings detailing proposed rule changes. Six of those updated filings concern proposed rule changes through which…

[ad_1] Quick Take Standard Chartered Bank’s recent report, dated Jan 8. 2024, provides an analytical perspective on a possible surge in Bitcoin’s price, contingent on the projected approval of spot ETFs by the US Securities and Exchange Commission (SEC). The report draws a significant comparison with historical gold price escalations following the approval of gold…

[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] The U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler issued a cautionary advisory regarding crypto asset investments just ahead of the highly anticipated spot Bitcoin exchange-traded fund (ETF) approval deadline. In a Jan. 8 post on social media platform X (formerly Twitter), Gensler highlighted the risks of investing in cryptocurrencies, citing regulatory non-compliance,…

[ad_1] Prominent digital asset manager Grayscale will slash its management fees to 1.5% from 2% for its proposed spot Bitcoin exchange-traded fund (ETF), according to an updated S3 filing submitted to the U.S. Securities and Exchange Commission on Jan. 8. The asset manager said the fees are payable in the top cryptocurrency. The filing further…

[ad_1] Analyzing the price of cryptocurrencies on Coinbase, especially compared with other global exchanges, is essential for understanding its impact on global market trends. Although the U.S. market may not always lead in terms of trading volume or liquidity, the pricing on Coinbase often sets a trend that resonates across the global cryptocurrency market, underscoring…

[ad_1] Bloomberg analyst Eric Balchunas posited whether crypto exchanges would be forced to revisit their pricing structures should a spot Bitcoin ETF be approved, given the seemingly low fees charged by some of the most prominent players. However, regarding the issuers offering lower fees, Caitlin Long of digital asset custody platform Custodia Bank raised concerns…

[ad_1] Ripple-backed network XRP Ledger (XRPL) is experiencing a surge in network activity described as a distributed denial-of-service (DDOS) attack by Magnetic X, a decentralized exchange based on the network. According to the DEX, the network has been hit with a massive spike in daily transactions from hundreds of accounts, disrupting its functionality and impeding…

[ad_1] Bit24.cash, an Iranian cryptocurrency exchange, denied claims that it exposed the personal information of its platform users due to a misconfigured storage system. Alleged KYC data exposure Earlier today, Cybernews researchers reported that a security flaw on the platform led to the unintended exposure of its users’ Know Your Customer (KYC) data, including IDs,…