Posts published on December 26, 2023 go to media archive 1/2

SEC Sets Deadline for Spot Bitcoin ETF Applicants — 3 Days Left to Update Filings for Early January Decision

The U.S. Securities and Exchange Commission (SEC) has reportedly set a deadline of Dec. 29 for spot bitcoin ETF applicants to finalize their filing amendments. According to reports, the SEC has told spot bitcoin ETF issuers that applications that…

Kyber Network Takes Swift Action After $48 Million Breach, Implements Critical Decisions

Decentralized finance (DeFi) platform Kyber Network has taken significant steps to address the aftermath of a massive security breach in November, with CEO and co-founder Victor Tran at the helm. Despite the challenges posed by the “Elastic…

Rich Dad Poor Dad Author Robert Kiyosaki Shares How He Made Most of His Money

The famous author of Rich Dad Poor Dad, Robert Kiyosaki, has shared how he made most of his money. He stressed that the future of stock and bond markets will depend on startups in resources, not Silicon Valley technology startups, predicting that…

Forget High Gas Fee Challenges, Ethereum Remains Bullish: Time To Buy More?

Despite concerns over network congestion and high gas fees, Ethereum remains bullish in the long term, according to borovik.eth–a partner at Rollbit, who posted on X on December 26. The key factors driving the positive outlook are pointing to…

Bitcoin Closes 2023 With 27 Dynamic Difficulty Adjustments, Netting a 74% Rise in Mining Challenges

Three days ago, on Dec. 23, 2023, Bitcoin marked its 27th and final difficulty adjustment for the year. This year witnessed 27 shifts in epochs, with the most substantial one on Jan. 15 at block 772,128, seeing a surge in network difficulty by…

Mt. Gox Repayment Rumors Cause Bitcoin Price To Drop To $42,000, Market In Turmoil

Mt. Gox, the infamous Bitcoin exchange that suffered a major hack over a decade ago, has allegedly finally begun the process of repaying its customers for the 850,000 lost Bitcoin. This news has sent shockwaves through the market, causing a…

The Crypto Bulls Are Back: Digital Asset Inflows Cross $103 Million In One Week

Inflows into crypto investment funds have resumed after a brief hiatus two weeks ago, as evidenced by CoinShares’s latest analysis. According to James Butterfill, Head of Research at CoinShares, digital assets saw a net inflow of $103 million…

2023 Crypto Wealth Surge — Satoshi Nakamoto Tops With $26B Increase, Industry Titans Follow

A recent analysis indicates that Changpeng Zhao, Binance’s former chief, experienced a near $25 billion surge in his estimated wealth in 2023, while Coinbase’s Brian Armstrong enjoyed a $5.8 billion increase. Yet, topping the list was…

A Crypto Christmas Special With Material Indicators: Past, Present, And Future

Another year, another Crypto Christmas special for our team at NewsBTC. In the coming week, we’ll be unpacking 2023, its downs and ups, to reveal what the next months could bring for crypto and DeFi investors. Like last year, we paid homage to…

Defi Rebounds: Total Value Locked and Token Prices Surge as 2023 Marks a Year of Recovery and Growth

On April 3, 2022, decentralized finance (defi) protocols held approximately $163 billion total value locked (TVL). By the start of January 2023, this amount declined to $38.30 billion. Concurrently, in April 2022, the leading defi tokens by market…

Billionaire Tim Draper Predicts When The Bitcoin Price Will Reach $250,000

Billionaire Tim Draper has predicted a new all-time high for Bitcoin, foreseeing a staggering $250,000 rise for the cryptocurrency in 2024.  Bitcoin To Reach $250,000 In a recent exclusive interview with Coin Bureau, a crypto informational portal…

41% of Central Banks Expect to Have Operational CBDCs by 2028 — Study

Some 41% of central banks that participated in the Official Monetary and Financial Institutions Forum (OMFIF) study said they expect to have an operational central bank digital currency (CBDC) by 2028. The survey found that the sentiment towards…

Harmony To See Redemption? Analyst Predicts Meteoric 650% Rise For ONE Token

The Harmony blockchain fell victim to one of the most infamous hacks in decentralized finance (DeFi) history and the fallout from that attack in 2022 saw the ONE price tank tremendously, losing over 98% of its all-time high value. However, one year…