The United States Securities and Exchange Commission (SEC) rejected the joint effort of Ark Investment Management and 21Shares to list a spot Bitcoin ETF on the Cboe BZX Exchange. The agency dismissed another application filed by the partners in the spring of 2022. As indicated in a recent filing, the American financial regulator did not allow Ark 21Shares’ BTC Spot ETF to launch on the US market. The product was supposed to be listed on the CBOE BZH Exchange. However, the...
Read More »Bithumb Offices Raided as Legal Woes Pile up (Report)
More troubles for South Korean crypto exchange Bithumb brews as its offices were reportedly raided on Thursday. Authorities launched an investigation into potential price manipulation of a coin listed on the platform, according to a report by Yonhap. The token in question has not been revealed. Prosecutors said they are probing transactions linked to a specific person or entity allegedly manipulating the coin’s price to make a profit. In a statement, the Seoul District...
Read More »Opinion: Congress Should Not Be Permitted to Engage in Crypto Trading
With January having arrived, the new Congress has convened. While at the time of writing, the House of Representatives is still struggling to elect or even nominate a republican speaker, we can rest assured that things are going to go quite well for crypto in the coming months and that the country is now well on its way towards garnering a small bit of healing from all the trouble it’s been through since Biden entered the fray. Congress Needs to Stay Out of Crypto One of...
Read More »Bearish Signs for Ripple Appear, Will $0.40 Hold? (XRP Price Analysis)
Presently, XRP’s price action is not looking overly promising against either USDT or BTC. Things could worsen in the coming days if all remains as it is right now. Technical Analysis By: Edris XRP/USDT Daily Chart On the daily chart, the price continues its struggle to break above the $0.43 resistance level, following a push above both the 50-day and 200-day moving average lines. In case the cryptocurrency finally moves beyond the aforementioned level, a rally toward the...
Read More »Aptos Leads L1 Trade With 130% Gains, Bitcoin Bulls Fight For $23K, Sentiment Improves: This Week’s Recap
The market sentiment continues to improve as cryptocurrencies see another week of trading in the green. The market added around $70 billion to its total capitalization, while the overall sentiment is at a 10-month high. It’s interesting to note that Bitcoin’s dominance continues to increase. This means it fared better than altcoins in terms of price performance. The leading cryptocurrency managed to add around 9% and is now battling for the important level at $23,000. A...
Read More »Andy Greenberg Is Publishing a New Book on BTC’s Traceability
Andy Greenberg – a technology journalist – has a new book coming out called “Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.” Andy Greenberg Has a New BTC Book Coming Out The book details the early 2021 incident in which the Colonial Pipeline was hacked by cyberthieves who demanded bitcoin and other cryptocurrencies in exchange for its release. The Department of Justice (DOJ) was able to recover half of the payment that was sent and take the...
Read More »UK Fintech Powerhouse Wise Accused by Smaller Rival of Questionable Competition Practices
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Read More »Flare Partners With Blockchain Security Specialist FYEO For Ongoing Audits
[PRESS RELEASE – Dubai, UAE, 26th January 2023] Flare is pleased to announce an official partnership with blockchain security specialist FYEO. The firm will perform ongoing security audits of Flare’s codebases, providing actionable feedback to support safer smart contract development and help to minimize risk for all users of the network. Rigorous professional auditing and testing are an important part of Flare’s blockchain security strategy. Alongside stringent internal...
Read More »Arizona Senator Introduces Bill to Make Bitcoin Legal Tender
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Read More »How Does Proof of Reserves for On-Chain and Off-Chain Assets Work?
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