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2024-03-16 10:45:00 Ether spot ETF end of May approval odds plummet to 28% on Polymarket

Prediction markets on Polymarket currently estimate the likelihood of approval for a spot ether ETF by the end of May to be 28%. This marks a significant decrease from the odds of 74% on Polymarket on January 10, when spot bitcoin ETFs were approved. Since the U.S. Securities and Exchange Commission (SEC) approved 11 spot bitcoin ETFs in January, attention has turned to whether the agency could authorize spot ether ETFs next. So far, asset managers, including BlackRock and Fidelity, have filed applications.

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2024-03-07 09:50:00 Spain bans Worldcoin for up to three months amid broader investigation

Worldcoin has been banned in Spain for up to three months as the country’s data protection watchdog continues its investigation into the cryptocurrency project co-founded by Sam Altman. In a statement on Wednesday, Spanish data protection agency AEPD announced that it has ordered a precautionary measure against Tools for Humanity Corporation. The company, the core developer behind Worldcoin, has a business model that involves scanning people’s irises in exchange for cryptocurrency.

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2024-03-06 10:05:49 Bitcoin's Test of All-Time Highs Means Old Miners Are Cashing Out

Early miners are sending their old block rewards to exchanges, contributing to selling pressure as bitcoin retreats from testing all-time highs. Bitcoin's rapid price ascent during the last month, which culminated in a new all-time high and quick reversal on Tuesday, has meant that some early miners have started selling their old block rewards – putting pressure on bitcoin's price.

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2024-02-27 13:16:10 Bitcoin surges above $56,000 to hit record high since November 2021

Bitcoin price surged over 10% to hit a high of $56,740 at one stage on Tuesday morning Asia time, the highest value since November 2021, according to The Block’s Price Page. “A key reason behind this surge can be attributed to Bitcoin spot ETF trading volume which reached a new height of $2.4 billion on Feb. 26, further boosting U.S investors’ confidence in this asset class.” Lucy Hu, a senior analyst of Metalpha, told The Block.

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2024-02-18 23:10:00 Bitcoin Mining Difficulty Hits ATH of 81T as Halving Looms

Bitcoin mining difficulty recently witnessed a significant milestone as it reached an unprecedented 81.73 trillion. This accomplishment coincided with the network’s hash rate hitting an impressive 583.92 exahashes per second (EH/s). Bitcoin hash rate indicates the total computational power employed by miners. Bitcoin mining difficulty recently witnessed a significant milestone as it reached an unprecedented 81.73 trillion.

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2024-01-28 23:46:09 Roughly ‘60% chance’ of spot ETH ETF approval in May: Seyffart

Spot ether ETFs have roughly a 60% chance of being approved in May, according to Bloomberg Intelligence analyst James Seyffart. Earlier this week, the Securities and Exchange Commission delayed decisions on the potential BlackRock and Grayscale ether ETFs. Alongside BlackRock and Grayscale, Ark 21Shares and VanEck are also in the running for a spot ether ETF.

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2024-01-28 09:32:02 SEC Crypto Enforcement Reached New High in 2023

U.S. Securities and Exchange Commission (SEC) crypto enforcement skyrocketed in 2023, with more than a 50% increase in crypto-related enforcement actions compared to 2022, according to a new report. The securities regulator “continues to view cryptocurrency-related enforcement as a top priority, bringing 46 enforcement actions against various digital-asset market participants,” the report details.

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2024-01-27 22:41:32 BTC could crash a month before halving

The block subsidy halving is expected to happen on April 20, fuelling Bitcoin’s (BTC) price as in the past. However, BTC could still crash from current prices before gaining enough strength for the expected post-halving surge. The expert trader posted this analysis on X on January 26, following a validated previous insight from January 21. This account is known for its high accuracy rate with liquidity pool analyses.

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2024-01-22 14:10:09 Join the Top 10 Crypto Channels of 2024!

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Don't miss out on the latest in the crypto world. Join these channels and stay informed! Open / Comment

2024-01-22 08:20:00 Binance Labs Thrives Amidst Market Challenges with 25 New Investments in 2023

DeFi, Web3 gaming, and infrastructure take center stage in Binance Labs’ investment strategy. Despite a challenging market and waning trust in centralized crypto entities, Binance Labs disclosed 25 new investments in 2023. In the latest report, Binance Labs primarily focused on decentralized finance (DeFi), Web3 gaming, tooling, and infrastructure throughout the year.

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