It is well known that the highly anticipated decision by the US Securities and Exchange Commission (SEC) regarding Bitcoin ETF applications has attracted significant attention from investors and cryptocurrency enthusiasts. Speculation had mounted that the world’s largest asset managers’ ETF proposals would receive approval on Friday. However, reports now indicate that one issuer has disclosed … Read more
Crypto and Ethereum advocate Adriano Feria is bearish on Solana, not because of the coin’s price action in the medium to long term but because of the blockchain’s top leadership. In an X post on January 5, Feria asserted that Solana’s leading figures, including Anatoly Yakovenko, the co-founder, and Mert, one of the project’s top developers, … Read more
The XRP community has been abuzz following a recent Politico report highlighting the lack of a strong Republican contender to challenge Senator Elizabeth Warren, known for her critical stance on cryptocurrencies. XRP community member Eri (@sentosumosaba) has ignited a wave of enthusiasm by urging John Deaton, a prominent pro-XRP lawyer, to run against Senator Warren … Read more
The Shiba Inu community burn initiative has become a mainstay in the meme coin’s ecosystem. The frequent SHIB burns are believed to be an integral part of the crypto token’s growth. As such, the number of SHIB tokens that were burned in 2023 has come under the radar, with there being a notable decline from … Read more
BitMEX co-founder, Arthur Hayes, has published a blog post predicting a specific price correction for Bitcoin following the introduction of the highly anticipated Spot Bitcoin ETF. Introduction: A prominent crypto founder has made a bold prediction, stating that if the US Securities and Exchange Commission (SEC) approves a Bitcoin Exchange-Traded Fund (ETF), it could trigger … Read more
In the latest development, about a dozen Bitcoin spot ETF (exchange-traded fund) applicants have submitted 19b-4 amendment documents. These submissions come with the deadline for the United States Securities and Exchange Commission (SEC) to approve the investment product just days away. Introduction: In a significant development, applicants seeking approval for a Bitcoin Spot ETF have … Read more
In a stern warning to the US Securities and Exchange Commission (SEC), Dennis M. Kelleher, Co-Founder and CEO of Better Markets, a non-profit organization that focuses on advancing public financial interest, has issued a statement vehemently opposing the approval of Bitcoin spot ETFs. This development comes amidst widespread optimism among market analysts that the SEC … Read more
Following the announcement of an automated Shib burn mechanism, speculations have been flying concerning the total number of SHIB tokens slated to be burnt every month in 2024. 9.25 Trillion SHIB Set To Burn Monthly According to a 2022 publication, a Shiba Inu community member, ‘Queenie’ on X (formerly Twitter) created a hypothetical estimation of … Read more
There has been a noticeable surge in transaction activity on the main Ethereum Virtual Machine (EVM) chains as of late. Around 95% of these transactions have inscriptions, according to blockchain analytics tool Etherscan. Ordinals inscriptions have gained favor as a direct means of creating non-fungible tokens (NFTs) on the blockchain by embedding unique data in … Read more
January 11 has been set as the day for the court hearing in the case between Ripple and a class of XRP investors in what has been a long-running legal battle. The outcome of the case is of huge significance as another precedent could be laid for the crypto industry and its stakeholders. In the … Read more
