Category: Latest news
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SEC could inform spot Bitcoin ETF applicants of approval by Jan. 3
[ad_1] The United States’ main securities regulator could inform spot Bitcoin ETF applicants of approval in the coming days, Reuters said on Dec. 29. According to that report, the U.S. Securities and Exchange Commission (SEC) may tell applicants on Tuesday, Jan. 2 or Wednesday, Jan. 3 that they have clearance to launch their exchange-traded funds.…
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Major token unlocks slated for January with Aptos leading at $234 million
[ad_1] More than 20 cryptocurrency projects have scheduled their token unlocks for this month, planning to release over $600 million worth of digital assets into circulation, according to Token Unlocks data. Token unlocks is the gradual release of coins initially held to deter early investors or team members from swiftly selling off their holdings in…
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Arthur Hayes believes big banks will make stablecoin issuers like Tether obsolete
[ad_1] Big banks are poised to enter and potentially dominate the stablecoin market, overshadowing current leaders like Tether, according to former BitMEX co-founder Arthur Hayes. In a recent interview with Unchained’s Laura Shin, Hayes said that centralized stablecoins have found a lucrative niche due to the reluctance of traditional banks to engage in similar activities.…
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New year begins with $225M in crypto market liquidations
[ad_1] The cryptocurrency market kicked off the new year slowly as over 99,000 traders were liquidated of approximately $225 million within the past day. Data from Coinglass shows that traders betting on further price increases bore the brunt of the losses, with around $135.70 million liquidated. On the other hand, traders with bearish sentiments— short…
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How zero-knowledge (zK) tech will power the future of crypto
[ad_1] The past year has witnessed the ascendancy of Zero-Knowledge (ZK) technology. From its potential to increase and secure privacy protocols in the Web3 space, to its increased efficiency in validating transactions, the implementation of the tech is further cementing the growth and integration of blockchain into our daily lives. Its role in increasing efficiency…
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Bitwise reveals $200M seed fund for spot Bitcoin ETF in updated S-1 filing
[ad_1] Bitwise has also updated its S-1 form submitted by the Dec. 29 deadline set by the SEC and revealed a planned $200 million seed investment for its spot Bitcoin (BTC) exchange-traded fund (ETF). The amount is 20x larger than the $10 million seed investment recently announced by BlackRock for its spot Bitcoin ETF. The…
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Bitcoin 2023 year in review: Analysis of BTC’s key metrics
[ad_1] The post Bitcoin 2023 year in review: Analysis of BTC’s key metrics appeared first on CryptoSlate. [ad_2] Source link
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Judge rejects CZ’s latest request to travel to the UAE
[ad_1] A U.S. District Court has once again denied Binance founder Changpeng ‘CZ’ Zhao’s request to travel internationally in a sealed order, Bloomberg News reported. CZ, who is currently facing sentencing in the U.S. for criminal charges, had filed a motion seeking permission to visit the UAE, where his family resides. The motion was rejected by…
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U.S. drops plan to prosecute convicted SBF for over $100M in unlawful campaign donations
[ad_1] In a filing on Dec. 29, U.S. prosecutors said that they will not be pursuing a second trial for additional charges against former FTX founder Sam Bankman-Fried (SBF). On Nov. 3, SBF was convicted of seven charges of fraud. SBF was expected to be prosecuted on six additional charges in a separate trial. The…
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VanEck updates spot Bitcoin ETF filing and releases teaser ad
[ad_1] VanEck amended its spot Bitcoin ETF application with the U.S. Securities and Exchange Commission (SEC) on Dec. 29. The company’s updated S-1 form notably removes immediate allowance for in-kind transactions involving Bitcoin. The Dec. 29 update says that authorized financial firms will deliver and receive only cash during share creation and redemption. It adds…