News
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US Spot Bitcoin ETF Options Face Potential Delays as Crypto Developments Emerge
- February 4, 2024
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No CommentsIn the intricate world of cryptocurrency, the road to regulatory approval for options on new spot Bitcoin exchange-traded funds (ETFs) in the United States appears to be riddled with complexities, potentially delaying their market entry. Industry insiders, as reported by Reuters, are indicating that it might be several months before these options gain regulatory approval,
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Bitcoin hits $42,000 amid PBOC actions, Fed holds interest rates at 5.50%
- February 2, 2024
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Bitcoin’s price prediction remains a focal point as it hovers around $42,000 despite experiencing a slight 2% dip, drawing attention against the backdrop of significant global financial developments. The Federal Reserve’s decision to maintain interest rates within the 5.25%-5.50% range underscores a cautious stance toward managing inflation. Meanwhile, the People’s Bank of China’s recent policy
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Bybit Revolutionizes Virtual Concert Experience as Official NFT Marketplace for Robbie Williams’ 25th Anniversary Show
- February 2, 2024
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The non-fungible token (NFT) market is off to an impressive start this month, dominating the news cycle with positive developments. Key metrics indicate a substantial 11% increase in sales volume, reaching an impressive $34,925,836. Both buyers and sellers have increased by 1%, while transactions have surged by 14%. Within the realm of specific NFT collections,
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Bitcoin price retreats to $43,000 as CBOE ETF undergoes withdrawals and regulatory developments
- February 1, 2024
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In the ever-evolving realm of cryptocurrencies, Bitcoin’s value hovers around the $43,000 mark, marking a 1.25% decline on Wednesday against a backdrop of notable market and regulatory developments. The withdrawal of the Global X spot Bitcoin ETF application by the CBOE Exchange has injected uncertainty into the market, coinciding with economic forecasts by analyst Richard
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SEC drops legal action against crypto startup DEBT Box
- February 1, 2024
- Posted by: [email protected]
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In a surprising and pivotal development, the Securities and Exchange Commission (SEC) has opted to withdraw its legal action against the crypto startup DEBT Box, marking a significant chapter in the evolving regulatory landscape surrounding digital assets. This decision stems from the SEC’s acknowledgment of inaccuracies within its own statements during court proceedings, prompting a
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Bitcoin price surges to $43,500 amid ETF news and Fidelity’s strong performance
- January 31, 2024
- Posted by: [email protected]
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Bitcoin has recently experienced a notable surge, propelling its value to $43,500 with an impressive increase of approximately 2.75% on a recent Tuesday. This surge coincides with a flurry of activities within the exchange-traded fund (ETF) sector, shedding light on the escalating institutional interest in Bitcoin. A pivotal move in the market involves Invesco strategically
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NFT sales on Bitcoin drops by 62% in monthly figures
- January 31, 2024
- Posted by: [email protected]
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The non-fungible token (NFT) market has displayed promising signs over the past 24 hours, with sales volume increasing by 12.5% to $34,820,790, according to CryptoSlam data. This surge is accompanied by a collective rise of 3%–8% in the number of buyers, sellers, and overall transactions, indicating a vibrant and active NFT ecosystem. Leading the charts
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Bitcoin’s price surges above $43,000 amid ETF advertising buzz and US election vows
- January 30, 2024
- Posted by: [email protected]
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Bitcoin has once again seized the spotlight as market speculation swirls around its trajectory. With a subtle yet optimistic ascent of 3 percent, Bitcoin has found stability above $43,000, prompting discussions about potential price movements. This upward momentum aligns with growing speculations that Google might soon allow advertisements for Bitcoin exchange-traded funds (ETFs) on its
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Fake Patreon accounts used to promote scam crypto projects on the rise
- January 30, 2024
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As the crypto landscape continues to evolve, a new and concerning trend has emerged, with fraudulent Patreon accounts becoming a focal point for scams targeting crypto enthusiasts. Reports circulating on social media platforms such as X and Reddit have brought attention to a surge in phishing emails with crypto-themed content originating from Patreon, a popular
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BTC price surges 10% from recent lows, while ETH attracts $5 billion inflows
- January 30, 2024
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In the ever-evolving realm of cryptocurrency, Bitcoin’s price outlook appears optimistic, particularly as it undergoes a substantial upswing, presently hovering at $42,220 and exhibiting an almost 1% surge on Sunday. This positive momentum aligns with commendation from a prominent figure for BlackRock’s Bitcoin ETF, lauding it as a “remarkable success” across various metrics. Meanwhile, the