Bitcoin | Ethereum | Altcoin

2024-01-09 14:38:02 JUST IN: Bitcoin  leapfrogs Meta (Facebook) to become the 9th largest asset by market cap

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2024-01-09 06:55:00 Bitcoin ETF Fee Wars: Bitwise Leads the Charge with a Stellar 0.24%!

As the countdown to the SEC's verdict on U.S. Bitcoin exchange-traded funds (ETFs) ticks away, a thrilling saga unfolds with fees becoming the hottest topic of discussion!

Bitwise Breaks Ground with a Jaw-Dropping 0.24% Fee!

Hold your excitement, investors! Bitwise, the crypto maestro, steals the spotlight with an industry-rocking 0.24% fee, sweetened with a 6-month fee holiday! Brace yourself for unparalleled financial perks with Bitwise at the helm!

Fierce Rivalry as Competitors Tighten the Race!

Ark and 21Shares are not to be outdone, matching Bitwise's fervor with an ultra-competitive 0.25% fee. VanEck and Franklin join the sprint, boasting sleek 0.25% fee structures. The battle for the lowest fee is on, and investors are the real winners!

BlackRock's Tactical Move Sends Shockwaves!

BlackRock, the global juggernaut, throws a curveball with a savvy 0.30% fee—lower than market expectations! This strategic move reshapes the game, setting a new benchmark for the giants in the arena!

"Life Just Got Tougher for Everyone Else!" - Industry Analysts React!

Bloomberg Intelligence’s ETF senior analyst, Eric Balchunas, succinctly puts it: "Life just got a lot tougher for everyone else." BlackRock's unexpected pricing decision adds a thrilling twist to the unfolding Bitcoin ETF drama!

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2024-01-08 17:20:24 Bitcoin ETFs Approaching the Finish Line: Titans Clash in Fee Wars for Ultimate Approval!

In a momentous move, industry juggernauts including BlackRock, Ark Invest/21Shares, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie have submitted amended S-1 forms, marking the decisive step before potential approval for spot Bitcoin ETFs. The race for the coveted approval is entering its climax!

Amended S-1 Forms Filed: Countdown to Bitcoin ETF Approval in Full Swing

Cryptocurrency enthusiasts are holding their breath as key players submit amended S-1 forms, signaling the conclusive phase before a potential green light for spot Bitcoin ETFs. BlackRock, Ark Invest/21Shares, VanEck, WisdomTree, Invesco, Fidelity, and Valkyrie are all in the spotlight.

Fee Wars Intensify: BlackRock Sets Sponsor Fee at 0.3%

In a strategic twist, BlackRock unveils its sponsor fee at 0.3%, with a remarkable reduction to 0.2% for the first year or until the ETF hits $5 billion in assets. This unexpected fee cut reverberates through the industry, prompting Bloomberg ETF analyst Eric Balchunas to exclaim, "Life just got a LOT tougher for everyone else. The ETF Terrordome is no joke."

VanEck's Strategic Maneuver: Joint Lowest Permanent Fee at 0.25%

VanEck positions itself as a frontrunner by selecting a joint lowest permanent fee among issuers at 0.25%. The battle for supremacy in the fee landscape is fierce, and VanEck strategically takes its place.

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2024-01-08 07:46:17 SEC Warns Against FOMO: Exercise Caution as Spot Bitcoin ETF Decision Looms!

In a strategic move, the U.S. Securities and Exchange Commission (SEC)’s Office of Investor Education and Advocacy has issued a vital FOMO warning on social media platform X, addressing the perils of the Fear of Missing Out (FOMO) as the cryptocurrency market anticipates a crucial decision. This advisory, the fifth in a recent series, offers insightful guidance for investors navigating the ever-evolving financial landscape.

'NO GO to FOMO': SEC Advises Prudent Investment Choices

The SEC's Office of Investor Education and Advocacy delivers a resolute message: 'NO GO to FOMO.' Investors are urged to tread carefully, emphasizing that the popularity of an investment among peers doesn't automatically translate to its suitability for all.

Customize Your Investment Strategy: SEC Advocates Informed Decision-Making

The SEC encourages investors to adopt a personalized approach, aligning their investment choices with individual goals and risk tolerance. The advisory sheds light on the expansive realm of digital assets, encompassing cryptocurrencies, ICO tokens, meme stocks influenced by online trends, and non-fungible tokens (NFTs).

Spot Bitcoin ETF Decision on the Horizon: SEC's Prudent Caution

As the SEC approaches a pivotal decision on spot Bitcoin exchange-traded funds (ETFs), this timely cautionary note gains heightened significance. An eagerly anticipated announcement early next week could potentially shape the future landscape of Bitcoin ETFs, commencing from January 11.

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2022-10-12 10:08:02 Main TransitFinance Hacker Promises to Refund Another 6,500 BNB

Last week, TransitFinance was exploited by multiple hackers who made off with nearly $23 million in ETH, Binance-pegged ETH, and BNB. Since then, the project – which collaborated with PeckShield and other blockchain security firms – stated that it had tracked the attackers and knew, with relative certainty, who they truly were. Most funds have since been returned.

Following TransitFinance’s promise to prosecute those who did not return the funds, the main hacker left a message for the team asking for a larger bounty before initiating a TornadoCash transfer for a portion of the stolen amount. The white hat hacker promised to refund 6,500 BNB as soon as possible, with a further 3,500 BNB to be refunded once TransitFinance initiates the second phase. If funds are not transferred back by the 12th of October, TransitFinance plans to take legal action against any stragglers.

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2022-10-11 10:56:02 Brian Armstrong reflects on Coinbase's origin story

Episode 97 of Season 4 of The Scoop was recorded remotely with The Block's Frank Chaparro and Coinbase CEO Brian Armstrong. The cameras have been rolling over at Coinbase, CEO Brian Armstrong revealed last Friday, when he announced the release of Coin: A Founder’s Story — a feature-length film over three years in the making.

The film candidly portrays highlights, such as the moments before Coinbase’s public listing, as well as controversies, such as Armstrong declining to answer a question about the BLM movement at a company all-hands meeting, as well as Coinbase’s controversial acquisition of Neutrino — a market intelligence firm with members linked to selling spyware to countries like Saudi Arabia, Sudan and Venezuela. Armstrong thinks Kohs accurately represented Coinbase’s story.

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2022-10-10 11:08:02 US$4B In Money Laundering On DEXs, Bridges And Coin Swaps: Elliptic

According to Elliptic researchers, financial criminals have laundered billions using popular crypto technologies. Since 2020, cybercriminals have used decentralised exchanges (DEXs), cross-chain bridges, and non-KYC exchange services (called coin swaps) to shift roughly $4 billion in illegal cash.

The company explained that while these technologies often have legitimate applications, they are increasingly used to process cash associated with illegal operations such as thefts, dark web services, mixing, frauds and Ponzi schemes, ransomware, and others. Elliptic researchers categorised their findings for these blockchain-based applications, beginning with DEXs. Since 2020, DEXs have facilitated the transfer of $1.2 billion in illicit assets.

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2022-10-09 11:58:02 Binance CEO Zhao Taking Different Acquisition Tack Than FTX's Bankman-Fried

While FTX's Sam Bankman-Fried has been pouring money into distressed assets, saying he has at least $1 billion to spend on such moves, Binance CEO Changpeng Zhao's acquisition strategy has focused on expanding into publishing, decentralized finance (DeFi) and non-fungible token (NFT) projects.

Binance so far this year has committed $325 million to 67 projects, according to the article. A $200 million investment into Forbes and $500 million of financing towards Elon Musk's Twitter takeover remain on the table – those deals could take the spend to more than $1 billion for 2022. By comparison, the company invested $140 million across 73 projects in 2021. Zhao added that Binance may have interest in taking stakes in traditional e-commerce and gaming companies in the future.

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2022-10-08 11:14:02 Fed-Fueled Crypto Bear Market Could Last 12-18 More Months: Solana Co-Founder

Yakovenko pointed to continued pain in the markets for some time to come, citing the impact of the U.S. Federal Reserve’s ongoing rate hikes. But Yakovenko also told co-hosts Dan Roberts and Stacy Elliott that he’s optimistic about an eventual return to crypto market growth.

“Looking at macro stuff, my guess is there's probably 12 to 18 months more of this brutal Fed rates going up,” he said. “But there is an end to it. And just like the last bear market, a lot of teams that built and focused on product-market fit, and really tried to build amazing products—a lot of those succeeded, I think, in a very dramatic way.”. Solana has been no exception to the wider crypto market decline, with the price of SOL down 81% since the start of 2022 per data from CoinGecko.

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2022-10-07 05:45:01 Bitcoin Lightning Network’s Public Capacity Surpasses 5,000 BTC

Despite a nearly 60% drawdown in Bitcoin’s price this year, Lightning channel and node counts have also grown steadily. The combined capacity in public channels of Bitcoin Lightning Network’s total capacity in public channels has crossed 5000 BTC for the first time.

BTC’s main scaling solution, designed to make transactions cheaper and faster, has made some positive developments in recent times with expansion and development. The new feat comes less than four months after the capacity hit 4,000 BTC. The more capacity on the LN network means more liquidity is on hand with which users can conduct faster payment speeds and potentially larger transaction volumes. Over the past four years since its inception, the network has faced a number of criticisms.

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