Crypto news

BNB Chain intends to disable its atomic swap feature in April and all Bridge providers will be expected to begin informing users by February. We are in the first few weeks of 2024 and the scene is seemingly being set for the rest of the year. The industry is still on a high note from the recently- announced Bitcoin spot ETF approval but even more news is rolling in. The latest comes from BNB Chain, which recently announced the six-month roadmap for its BNB Beacon Chain Fusion. The roadmap...

The legal battle between the SEC and Ripple stems from the SEC’s allegation that Ripple engaged in unregistered securities sales, specifically through institutional sales of XRP. In a recent filing dated January 11, 2024, the US Securities and Exchange Commission (SEC) has requested specific documents from Ripple Labs Inc as part of the ongoing legal proceedings between the regulatory body and the blockchain payments company.  SEC’s Document Requests and Interrogatory The two main...

US-based customers may now access all 11 spot Bitcoin ETFs in both retirement and brokerage accounts through Robinhood Financial. Robinhood has stayed true to its word by listing all new spot Bitcoin exchange-traded funds (ETFs) on its platform. The US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs on Wednesday, including funds from BlackRock, Grayscale, Fidelity, Invesco, Valkyrie, Bitwise, Hashdex, BZX, VanEck, WisdomTree, and Franklin Templeton. Shortly after the...

Wenn die Google-Suchanfragen nach Bitcoin steigen, steigt dann der Bitcoin-Preis? Der Zusammenhang zwischen Google-Suchanfragen und dem Preis von Bitcoin ist ein faszinierendes Thema, das das Interesse vieler Investoren und Marktbeobachter weckt. In diesem Artikel werden wir untersuchen, ob ein Anstieg der Google-Suchanfragen nach Bitcoin tatsächlich mit einem Anstieg des Bitcoin-Preises korreliert ist. Einführung Bitcoin, die weltweit führende Kryptowährung, hat in den letzten Jahren...

Bitcoin cash started a strong increase above the $245 and $250 levels against the US Dollar. The price is now trading above the $250 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $290 to continue higher in the near term. Bitcoin cash price is climbing above $260 against the US Dollar, like...

Hackers briefly took over the official X accounts of major crypto data aggregator Coingecko to promote a fake token launch and airdrop. The Coingecko incident became the second X hack within 24 hours after the U.S. Securities and Exchange Commission’s account was also compromised.  Coingecko announced the news of the hack in an X post on Jan. 10, warning users not to click or engage any suspicious links. The platform further said it would carry out investigations and secure...

Vanguard Group – the $7.7 trillion asset manager outsized only by BlackRock – has blocked client access to all newly listed Bitcoin spot ETFs. The firm has also ruled out launching a Bitcoin ETF product of its own, claiming the asset doesn’t align with the firm’s investment philosophy. Banks Blocking Bitcoin Access Multiple Twitter and Reddit users confirmed on Thursday that they could not purchase any Bitcoin-backed funds through their Vanguard client accounts. Twitter user...

NEAR Foundation announced plans to cut its team down by about 40% as part of its realignment initiative, impacting 35 employees. In 2023, the NEAR Protocol managed to host three of ten top Web3 apps, achieve a record number of users daily, and gain more Ethereum community partnerships. NEAR Foundation Realignment Efforts NEAR Foundation has released an update through a blog post that its layoff will mainly affect community, business development, and marketing teams. Notably,...

Robinhood CEO Vlad Tenev announced today that the company would list Bitcoin ETFs on its platform. The statement follows the landmark decision by the Securities and Exchange Commission (SEC) approving spot Bitcoin ETFs. SEC’s Approval to Integrate Crypto with Traditional Finance “We’ve been ahead of the curve in crypto access, and we plan to list these ETFs on Robinhood as soon as possible,” Tenev posted on X in reaction to the SEC’s decision. Exciting update from Washington...

Bitcoin miner outflow has reached a 77-month high despite an overall positive trend in the crypto market. According to on-chain intelligence firm CryptoQuant, the ‘Miner Outflow’ metric demonstrated the outflow of Bitcoin from mining pool wallets not seen since August 2017. The outflow metric doesn’t directly monitor funds transferred from miners’ addresses to crypto exchanges, potentially indicating sales. However, outflows provide a general indicator of sentiment, with...