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SEC Sets Delays for Several BTC ETF Applications

The Securities and Exchange Commission (SEC) is once again delaying its decision-making process regarding new bitcoin-based exchange-traded fund (ETF) applications. The SEC Cannot Seem to Make a Decision for Anything This has been going on for years now. The SEC does not seem capable of making a choice regarding such a product. It just delays, delays, and delays some more, and right when you think a final decision is going to be made, the agency puts things off again....

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Coinbase Hacked; More Than 6,000 Customers Lose Their Money

Coinbase – one of the largest and most popular cryptocurrency exchanges in the world – was the victim of a hack. It appears roughly 6,000 customers were affected between the months of March and May of this year. Coinbase Compromised; Customers Lose a Lot of Dough These customers of Coinbase had money stolen by the hackers. They also had their personal information exposed, such as their IP addresses, their birthdates, social security numbers, and their account balances....

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Bitcoin Price Analysis: BTC Spikes to 5-Month High, What Are The Next Levels to Watch?

October has been exciting for the bulls as BTC continues to push above multiple major resistance levels. The first week of the month isn’t even complete, and BTC has already reached an intra-week high of $55.4K, just entering into the critical $55k to $58k zone of resistance. Since the higher low at $40.7k, Bitcoin managed to rally over 36% to today’s intraday highs. During the weeks of risk-off, Bitcoin managed to hold the deepest higher low at $40.7k, which we covered and...

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Institutional Interest in BTC Bounces Back With Second Consecutive Week of Positive Inflows

With the last quarter of the year underway, bitcoin has reclaimed its dominance in the amount of interest shown by institutional investors as it leads the pack in weekly inflows. According to the latest Digital Asset Fund Flows Weekly report by CoinShares, institutional investors have continued to increase their exposure to digital currencies. The asset class saw a total of $90 million inflows in the last week, representing the seventh consecutive week of positive inflows....

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Idexo Raises $3.35m In Token Sales as USDT-Rewarding Staking Pool Launched on October 5

[PRESS RELEASE – Gibraltar, Gibraltar, 5th October 2021] Idexo is excited to announce the completion of its Token Generation Event (TGE) in stealth mode in late September 2021. That successful event occurred a few days after completing a successful IDO launch sale, raising nearly $800,000. To date, Idexo has raised $3.35 million through token sales before launching. Idexo, the technology stack that empowers creative entrepreneurs to build industry-disrupting applications, has...

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Bitcoin Price Soared Above $55K, Highest Since May 2021

In a massive green candle, Bitcoin’s price managed to increase to as much as $55,555 on Binance, reaching a price that we haven’t seen since May this year. Bitcoin is up by a whopping 10% in the past 24 hours, and a lot of it came in the past 60 minutes. Chart by Binance As seen in the above chart, the price reached an intraday high of $55,555 on Binance’s spot exchange before retracing to where it’s currently trading at around $54,000. This was the highest BTC price that we...

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Paysafe’s Neteller and Skrill Add Solana (SOL) Trading

Two of the largest digital wallet providers, namely Skrill and Neteller, will enable their millions of customers to buy and sell Solana’s native token – SOL. This addition comes amid the blockchain project’s rapid rise in terms of adoption and SOL’s price surge as of late. SOL on Skrill and Neteller Aside from allowing customers to interact with SOL, the announcement shared with CryptoPotato explained that both companies will provide direct fiat purchases due to the crypto...

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Tron (TRX) Price Analysis: Breakout Zone Near $0.1020

Tron price is forming a base above the $0.0850 zone against the US Dollar. TRX price is now trading above $0.0900 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1020 resistance. TRON price remained well bid above $0.0850 against the US Dollar, similar to bitcoin. TRX price is...

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Bitcoin Price Analysis: BTC Gains Pace Above $50K

Bitcoin price started a fresh increase above the $45,000 resistance against the US Dollar. The price is now trading above $50,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $43,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is showing positive signs and it could continue to rise above the $52,000 level. Bitcoin price is gaining pace above $50,000 against the US...

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Citadel Would Provide Crypto Services if There Is Regulatory Clarity, Says Founder

Ken Griffin – Founder and Chief Executive Officer at the multinational hedge fund Citadel LLC – stated that his organization will start offering cryptocurrency trading services only if there is “regulatory clarity.” However, he is not keen on the asset class, opining that it threatens the strength of the American dollar. Citadel Can Jump on The Crypto Bandwagon During a recent interview, billionaire Ken Griffin pointed out the necessity of imposing a regulatory framework on...

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