Mar 17 2024
The Securities and Exchange Commission (SEC) has postponed its ruling on BlackRock’s request to introduce a spot Ethereum ETF until March. The decision was initially scheduled for January 25, but has been deferred to March 10, 2024. The delayed decision follows the recent approval by the SEC of nearly a dozen spot Bitcoin ETFs. BlackRock’s …
Mar 16 2024
Avalanche is a powerhouse in the cryptocurrency field, known for targeting and serving retailers, newcomers, institutions, and pretty much everyone interested in the industry. It doesn’t matter what category you fall in – from a seasoned veteran to someone who’s just venturing into the field of crypto for the very first time – you need …
Mar 11 2024
Einsteinium appears to have found good support at $2,200 and has since returned on an uptrend, closing the week with a 3.6% price increase. XRP had a difficult week, and the sell-off did not stop. The personal wallets of Ripple’s chairman, who admitted holding over $100 million in XRP, were breached. Looking ahead, the current …
Mar 11 2024
New research from Galaxy Digital suggests that up to 20% of the cryptocurrency’s current hash rate could go offline. This reduction is expected to impact eight specific ASIC mining machine models, leading to a drop in the network’s overall hash rate. By the end of 2023, over 70% of Bitcoin’s hash rate was being generated …
Mar 09 2024
The total cryptocurrency market capitalization exploded to $2.4 trillion (per CoinGecko) as BTC charted a 21.3% increase in the past seven days alone. The rest of the market followed suit, and even Ripple’s XRP, which was lagging throughout most of the year, increased by 10%. Solana took the main stage and surging by 30%. Meme …
Mar 08 2024
Police raided the office of independent media outlet Toplum TV and arrested its journalists on accusations of smuggling. About half were released several hours later, but the remaining journalists remain in custody. Police subsequently searched an office of a political organization established in December by a group of local democracy activists. Akif Gurbanov, who heads …
Mar 08 2024
“Shamefully, cowardly, without ever looking him in the eye or even mentioning his name,” Navalnaya said. Three days after the Russian Federal Penitentiary Service announced Navalny’s death, his family and lawyer are still being denied access to his body. “He also wanted to kill our hopes, our freedom, and our future… to destroy and erase …
Mar 04 2024
BlackRock’s IBIT spot Bitcoin exchange-traded fund (ETF) has reached $10 billion in assets under management (AUM) within seven weeks of its launch on January 11. The fund now holds over 162,000 Bitcoin, making it one of the few ETFs to surpass the $10billion mark. Only about 150 out of 3,400 ETFs have > $10bil AUM. …
Mar 04 2024
Solana is one of the most popular blockchain ecosystems in the industry. As the network grows, more users from other blockchains migrate their coins to Solana. Many cross-chain bridges exist to transfer their crypto from different blockchains. The question, then, is, what bridge should you use? And most importantly, what is the correct way of …
Mar 03 2024
European Central Bank advisors have described the U.S. Securities and Exchange Commission’s approval of spot Bitcoin exchange-traded funds in January as “the naked emperor’s new clothes” The advisors, Ulrich Bindseil, ECB Director General for Market Infrastructure and Payments, and Advisor Jürgen Schaaf, criticized Bitcoin, outlining its unsuitability as a means of investment or payment. They …