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Large Asset Managers Getting Ready to Buy BTC Ahead of Spot Bitcoin ETF Launches, Says Moody’s Director
Why Are Crypto Prices Up? Former SEC Official Says There Are 2 Reasons
[Dec 5, 2023 7:30 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement believes that there are two reasons why crypto prices are up. The first concerns regulatory oversight of the cryptocurrency industry, while the second revolves…
SEC Insider: Bitcoin ETF Approval Probability Surges Beyond 99% As BTC Hits Fresh Yearly High
[Dec 5, 2023 7:00 PM] In the countdown to the deadline for the long-awaited Bitcoin ETF applications by major asset managers worldwide, predictions regarding the rate of approval have significantly improved. Inside sources from the US Securities and Exchange Commission…
Blackrock and Bitwise Update Their Spot Bitcoin ETF Filings Amid SEC Approval Hype
[Dec 5, 2023 5:30 PM] Blackrock, the world’s largest asset manager, and Bitwise have filed an amendment to their spot bitcoin exchange-traded fund (ETF) applications with the U.S. Securities and Exchange Commission (SEC). The SEC has held meetings with exchanges and…
Brazil’s Banking Behemoth Itau Unibanco Debuts Cryptocurrency Trading Services
[Dec 5, 2023 4:00 PM] Itau Unibanco, the largest private bank in Brazil, has launched cryptocurrency trading services for its customers. Through Ion, its financial services platform, Itau will first offer access to two cryptocurrencies, ether and bitcoin, opening this…
Mystery Bitcoin Whale Resurfaces, Transfers 1,000 BTC Worth $41M From String of 2010 Era Addresses
[Dec 5, 2023 2:30 PM] Emerging from obscurity since 2021, a prominent bitcoin whale, originating from the 2010 period, has recently transferred 20 block rewards, equivalent to 1,000 bitcoins valued at $41.87 million based on present exchange rates. This is not the…
Crypto Expert Delivers Top 8 Altcoins To Buy On Binance
[Dec 5, 2023 2:00 PM] As the crypto market enters into what could be considered to be another bull market, one analyst known as MacnBTC has come forward to give a list of altcoins that could do well going forward. The list includes altcoins currently listed on the…
Bitcoin Taps $44,000, Surpassing Meta and Berkshire Hathaway in Market Capitalization
[Dec 5, 2023 1:13 PM] On Tuesday, bitcoin’s price soared past the $44,000 mark, peaking at $44,011 per unit. In the last month, the leading cryptocurrency by market capitalization has seen a surge exceeding 24%, and 17% in just the past two weeks. Bitcoin Breaks…
Tether Strikes Gold In Bitcoin: Profits Soar Above $1 Billion Amid Bull Market
[Dec 5, 2023 1:00 PM] Tether, known for its USDT stablecoin, has recently made headlines with its Bitcoin holdings soaring in value, generating a profit exceeding $1 billion. Notably, this significant financial gain can be attributed to the stablecoin issuer’s…
BRC20 Token ORDI Hits $1B Market Cap Amid Crypto Surge, Soaring 676% in a Month
[Dec 5, 2023 11:30 AM] In the recent surge in the cryptocurrency market, the BRC20 token ORDI has experienced substantial growth. This week, it reached a new milestone with its market capitalization surpassing the $1 billion threshold. The token’s value has soared…
Indian Government Reveals 28 Crypto Service Providers Are Registered With Financial Intelligence Unit
[Dec 5, 2023 10:00 AM] The Indian government has revealed that 28 crypto service providers are currently registered with the country’s Financial Intelligence Unit. Furthermore, the Ministry of Finance has clarified that the anti-money laundering guidelines and reporting…
Warning Signals Flash As Bitcoin Surges: Expert Spotlights Potential $25,000 Liquidity Sweep
[Dec 5, 2023 9:00 AM] Bitcoin (BTC), the world’s leading cryptocurrency, has recently witnessed a surge in price, reaching a new yearly high of $42,100 on Monday. However, this significant price increase has raised concerns among market participants about the…
Bitcoin Premium Soars in South Korea, Trading $1,500 Above Global Norm
[Dec 5, 2023 8:30 AM] Based on recent data, the surge of bitcoin beyond the $41,000 mark has triggered a significant increase in trading activity originating from South Korea. Alongside this heightened volume, bitcoin is currently commanding a $1,500 premium on major…
Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says
[Dec 5, 2023 6:58 AM] The regulator has brought enforcement actions against Coinbase and Robinhood.
US Financial Services Platform Sofi Announces Exit From Crypto Market
[Dec 5, 2023 5:00 AM] Starting Dec. 19, the financial services platform Sofi will stop offering crypto services to its customers. Sofi said banking regulators’ increased scrutiny of the crypto sector compelled it to make this decision. The company has outlined the…
The Bulls Are Back: Crypto Institutional Inflows Balloon To 2021 Levels
[Dec 5, 2023 4:55 AM] Crypto investment products have experienced another week of inflows, bringing the run to 10 consecutive weeks. According to CoinShares’ latest report on digital asset investment funds, inflows into crypto products totaled $176 million last…
Trump, Kennedy Jr, and Ramaswamy Invited to First Crypto Presidential Forum
[Dec 5, 2023 3:30 AM] Donald Trump, Robert F. Kennedy Jr., and Vivek Ramaswamy have been invited to be part of the First Crypto Presidential Forum, an initiative designed to clarify the cryptocurrency policies of each U.S. presidential candidate. The event, organized by…
Cardano Profitability On The Rise: 1.7 Million Addresses Hit 2-Year High
[Dec 5, 2023 3:20 AM] Several on-chain metrtics demonstrate the growing optimism about Cardano (ADA). Concurrently, the cryptocurrency has managed to break through a significant resistance level against the backdrop of a bullish market attitude. Not only is Cardano…
Hedge Fund Predicts Stacks (STX) As Best Altcoin In Upcoming Months
[Dec 5, 2023 2:15 AM] North Rock Digital, a player in the digital assets hedge fund arena, recently made a bold prediction regarding the altcoin Stacks (STX). In a statement released on X, the fund highlighted its investment strategy and reasoning for STX being the best…
Minnesota Power Co-op Accuses Couple of Major Electricity Theft for Bitcoin Farm Operation
[Dec 5, 2023 1:30 AM] In a case that intertwines crypto mining and utility theft, a Minnesota power company, North Star Electric Cooperative, has accused a former couple, Ryan Jaenicke and Tina Fehlhaber, of stealing vast amounts of electricity. The alleged scheme…
ORDI Rockets To Unprecedented Peaks Alongside Bitcoin’s $42,000 Breakthrough
Trillion-Dollar Asset Manager Franklin Templeton: There’s Obviously Demand for Bitcoin
US Defense Department Urged to Integrate Bitcoin to Maintain Superpower Status
Bloomberg Expects Bitcoin Price To Surpass $500,000 In Upcoming Crypto Super Cycle
[Dec 4, 2023 7:00 PM] In a recent Bloomberg report, it has been suggested that the rise of Bitcoin price to over $42,000 is just the beginning of a new crypto super cycle that will push the world’s largest cryptocurrency to over $500,000. According to Bloomberg…
Bitcoin Miner Riot Secures 66,560 Microbt ASIC Miners to Boost Hashrate by 18 EH/s
[Dec 4, 2023 5:30 PM] The bitcoin mining corporation Riot Platforms, a publicly traded firm within the industry, recently announced a significant expansion of its operations. The firm has completed its largest-ever acquisition of application-specific integrated circuit…
Bitcoin Hits Second-Highest Transaction Day Amid Price Surge, Record Influx of Ordinal Inscriptions
[Dec 4, 2023 3:30 PM] Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin…
Tether Blacklists Over 30 USDT Wallets
[Dec 4, 2023 1:30 PM] Tether, the company behind the issuance of USDT, the largest stablecoin, has blacklisted more than 30 addresses that have received billions in USDT since their first use. According to blockchain intelligence firm Chainargos, the blacklisted…