Crypto news

Bitcoin price is attempting a fresh increase from the $40,500 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $42,000 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $43,500 resistance zone. Bitcoin price is rising from $40,500 against the US Dollar. BTC might...

A group of three super PACs backed by major cryptocurrency executives and investors has raised $78 million to influence the 2024 elections and support crypto-friendly candidates. A super PAC is a political action committee that pools campaign contributions from members and donates them to campaigns for or against candidates or legislation. Crypto has caused deep division within American politics, with one side wanting to restrict and ban it and the other wanting to encourage...

Zcash, a privacy coin built on Bitcoin tech and one of the more popular privacy-focused cryptocurrencies, will be welcoming Josh Swihart as the new CEO of its developer, the Electric Coin Company (ECC). Stepping Down For Self-Care In an article posted on Zooko’s personal Medium – which is separate from the one usually used to post Zcash-related content – the former CEO stated that the eight years at the helm of the ECC had led to a certain degree of conflation between himself...

BlackRock has re-updated its Bitcoin (BTC) spot ETF filing with changes making key concessions to federal regulators on how shares in its fund will track the price of Bitcoin. Submitted on Monday, the asset manager’s latest S-1 form reveals that new shares in the trust can only be created using cash – a model experts deem less tax-efficient than redemptions “in kind” Bitcoin-based creations. BlackRock’s Cash Creation Model BlackRock’s change followed several updates from...

[PRESS RELEASE – London, United Kingdom, December 19th, 2023] Alkimi, the world’s first decentralised ad exchange, has exited beta and now has advertisers and publishers buying and selling inventory through its blockchain-based programmatic platform. The launch of a custom consensus, distributed ledger and node platform marks a new era for digital advertising. It makes it possible to buy and sell advertising space in a completely decentralised manner through the blockchain...

The price of Bitcoin experienced a decline following an impressive surge to $45,000 earlier this month. During the market lull, Bitcoin’s loyal supporters continued to stack up tokens that may have aided in a mild recovery leading to the price stabilizing above $42,500. According to the data compiled by Intotheblock, large Bitcoin holders accumulated approximately 20k BTC on December 16th, the highest daily amount in over a month. The decline in the price of BTC coincided...

Solana-based popular dog-themed memecoin – BONK – has rallied by more than 537% over the past month. One of the main factors that boosted a remarkable 40% surge last week was its listing on Coinbase, which subsequently pushed its YTD increase to 850%. BONK originated last year amid the decline of sentiment surrounding the Solana ecosystem after SBF’s downfall. But the latest data suggest that it has transcended its meme origins, finding adoption in various Solana projects,...

Lisk decided to leverage the Ethereum network after finding out that more 90% of user transaction fees on L1 platforms were Ethereum-based. Lisk (LISK), the open-source blockchain network and platform for decentralized applications (dApp), has announced it has decided to join the Ethereum ecosystem as a layer 2 (L2) platform. According to an official blog post, Lisk is building the upcoming ecosystem on Gelato’s Rollup, and powering it via Optimism’s OP Stack. Why Lisk Is Integrating...

With November’s finalized Eurozone Consumer Price Index (CPI) settled at 2.4%, the Core CPI (excluding energy, food, alcohol, and tobacco) stood at 3.6%.  In November 2023, prices across a diverse range of goods and services in the Eurozone area experienced a notable decline compared to October. According to new data published by Eurostat, the statistical office of the European Union, the Eurozone observed a downturn in its annual inflation rate, confirming a 2.4% figure for November. The...

The United States Securities and Exchange Commission (SEC) has delayed its decision on whether to approve applications from several asset management firms for Ethereum exchange-traded funds (ETFs) till May 2024. According to several filings, the securities regulator has issued delay orders for Ethereum ETF applications from Ark Invest/21Shares, VanEck, and Hashdex. SEC Extends Deadline For 3 ETH ETFs Ark Invest/21Shares, VanEck, and Hashdex filed to launch Ethereum ETFs in...