Is the SEC Bullying Crypto Firms Out of the US?
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 1️⃣ Is the SEC Bullying Crypto Firms Out of the US? 2️⃣ The Executive Exodus at Binance: What’s Going On? 3️⃣ Is Bitcoin […]
Major Crypto Firms Secure Over $90M In Funding Amid Market Slump
In a week marked by a funding drought in the cryptocurrency sector, three leading crypto firms have secured significant funding rounds, totalling over $90 million. According to Blockworks, Blockchain.com, BC Technology Group, and Fnality all raised substantial amounts. Blockchain.com, a crypto exchange and wallet service, raised $110 million in a Series E round led by […]
Bitcoin In Exchange Wallets Skyrockets By $1.16B Monthly, Signalling Potential Market Pause
Centralized cryptocurrency exchanges are witnessing a surge in Bitcoin (BTC) deposits, with the pace accelerating to $1.16 billion monthly, the fastest since May. As reported by CoinDesk on Sunday, blockchain analytics firm Glassnode discovered that the balance of Bitcoin held in exchange wallets has risen to 31,382.43 BTC ($1.16 billion), taking the total exchange wallet […]
Betting Market Erupts In Wake Of OpenAI CEO’s Abrupt Exit
Sam Altman, the leader of the billion-dollar AI company, OpenAI, was removed from his role for purportedly lacking transparency in his exchanges with the board.
Crypto world awaits as SEC delays verdict on Franklin Templeton, Global X Bitcoin ETFs
The U.S. Securities and Exchange Commission (SEC) has postponed decisions on spot bitcoin ETF applications from Franklin Templeton and Global X, according to a recently issued notice. The SEC’s deadline to act on Franklin Templeton’s application was due today, and for Global X’s proposal was slated for November 21. These delays push the new deadlines […]
Is Dogecoin Really Going to the Moon?
🚀 GM, Grab your favorite beverage (even if it’s a little early, we won’t tell), and get ready for the juiciest headlines that have been lighting up the Internet this week! 📰 Is Dogecoin Really Going to the Moon? Can You Believe Snoop Dogg is Saying Goodbye to Weed? Solana’s Rally Gets a Shout-Out from […]
Bitwise analyst predicts more significant market impact from Bitcoin ETFs than Ethereum
Bitwise, the world’s largest crypto index fund manager, suggests that Bitcoin (BTC) exchange-traded funds (ETFs) could have a more significant market impact than their Ethereum (ETH) counterparts. Analyst Juan Leon from Bitwise explains that while many institutional investors have become more knowledgeable about BTC, most still struggle to understand ETH’s distinct attributes. He likens BTC […]
Three detained in $10M bank fraud and cryptocurrency laundering operation
Three individuals have been apprehended in connection to a fraudulent scheme involving $10 million, which was subsequently laundered through cryptocurrency exchanges overseas. The U.S. Attorney’s Office for the Southern District of New York and the FBI announced the arrests on Wednesday, November 16. The perpetrators, named as Zhong Shi Gao, Naifeng Xu, and Fei Jiang, […]
European giant Coinshares poised to acquire Valkyrie’s ETF as Bitcoin awaits approval
European digital asset management firm, CoinShares, has obtained the exclusive rights to purchase the exchange-traded fund (ETF) unit of its U.S. competitor, Valkyrie Investments. The deal encompasses the Valkyrie Bitcoin Fund, which is currently awaiting regulatory approval in the U.S. CoinShares announced the move on Thursday, November 17, as a strategy to extend its reach […]
Bitcoin ATM users in Argentina can now utilize Lightning Network
Users of Bitcoin (BTC) ATMs in Argentina have been granted the capability to utilize the Lightning Network, following similar advancements made earlier this month in El Salvador. The project is an initiative of Athena Bitcoin, the crypto ATM operator, which initiated Lightning Network integration in El Salvador in early November. The firm aims to expand […]