Crypto news

The SEC has been asking prospective issuers to give well-detailed descriptions of their various spot Bitcoin ETF products. It appears that from here onwards,  there’s no going back on the approval of spot Bitcoin exchange-traded funds (ETFs) in the United States. This follows after a recent Reuters report claimed that talks between the US Securities and Exchange Commission (SEC) and the asset manager applicants of the said ETFs have entered into a crucial stage. Anticipation Enters Top...

According to the U.S. Attorney’s Office for the Eastern District of New York, Anatoly Legkodymov, the co-founder of Bitzlato, a Hong Kong-registered virtual currency exchange, has entered a guilty plea for money laundering charges. Initially arrested in Florida, Legkodymov’s case was transferred to New York. Bitzlato Founder Pleads Guilty In a press release dated December 6, 2023, the U.S. Department of Justice (DoJ) disclosed that Legkodymov is responsible for “transporting...

XRP’s price has been consolidating over the last few weeks on the USDT pair. It is yet to show any significant desire to either drop or rally. However, against BTC, things are looking different. Technical Analysis By TradingRage Ripple Price Analysis: The USDT Chart Against USDT, the price has been supported by the $0.6 level. Yet, it has not rebounded with any considerable bullish momentum. In case this level holds, the price can rise toward the $0.72 resistance level in the...

IEEE’s influence spans a wide range of sectors, including publications, conferences, technology standards, and professional and educational activities. The Institute of Electrical and Electronics Engineers (IEEE), the world’s largest technical professional organization with over 426,000 members across 160 countries, has taken a pioneering step towards enhancing the security and efficiency of its credentialing system. In a strategic partnership with Zupple Labs, IEEE is set to implement a...

In a bid to attract more institutional investors to the upcoming platform, One Trading plans to provide free trading on all cryptocurrency pairs listed on the exchange.  Cryptocurrency exchange One Trading, formerly known as Bitpanda Pro, has announced plans to introduce its new trading venture that aims to offer users swift digital asset trading experience in the coming weeks. Scheduled to debut at an undisclosed date in the next few weeks, the company said its F.A.S.T platform will...

Ethereum median gas price has surged to 55.3 Gwei this month, almost doubling in a month and reaching its highest point since mid-May this year. Ethereum is trading at 2,230, up 10% over the last week and 81.3% over the last year, remaining the second most popular crypto after Bitcoin. Ethereum Gas Fees Increase As revealed by an analysis on Dune, Ethereum gas fees have surged over the last month. In October 2023, Ethereum experienced a notable reduction in gas fees,...

After a consolidation period near the $1,500 mark, Ethereum buyers returned to the market, successfully reclaiming the $2K resistance region. However, following a notable surge, ETH has encountered a crucial price range, and it’s currently struggling to overcome it. Technical Analysis By GreatestTrader Over the past two months, Ethereum has enjoyed a positive trend, consistently moving upward. Accordingly, the increased buying pressure facilitated the surge above the...

BitcoinShrooms uses pixelated art from the 1980s that is permanently stored on the Bitcoin blockchain through the Ordinals protocol. Venturing into the world of Bitcoin NFT artwork, the renowned auction house Sotheby’s introduces its first-ever sale titled “Bitcoin Ordinals”, featuring pixel art by an anonymous crypto artist known as Shroomtoshi. This one-of-a-kind auction, which runs until December 13th, features three exclusive pieces from Shroomtoshi’s captivating “Bitcoin Shrooms”...

Anoma Foundation’s Namada launches its RPGF airdrop to eligible participants on the network. In a press release this Wednesday, Anoma Foundation, the parent developer of the Namada ecosystem, announced its Namada RPGF (Retro Public Good Funding) airdrop for communities and individuals who helped in building and funding public goods. The RPGF Drop aims to disburse 65M $NAM tokens (6.5% of total supply) to eligible participants starting on 6th December 2023 and ending on 28th December 2023...

The Republican presidential debate discussed several issues including regulation to protect the sector as well as safeguarding crypto users. The Republican presidential debate in Tuscaloosa, Alabama, on Wednesday, delved into cryptocurrency policies and regulation. Vivek Ramaswamy, who stood out for integrating crypto into his campaign, did not hesitate to address the industry’s challenges. In response to a query about his crypto policy, Ramaswamy referenced the recent legal turmoil...