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Crypto Headlines: Bitcoin ETF Rises as Coin and Terra Drive Speculation
2024-01-23
Trade News
Last week, we provided an overall review of the amazing history and developments across the cryptocurrency space. In a series of noteworthy developments, the cryptocurrency space seems to be taking huge steps forward as last week came to a close. With the recent launch of the Bitcoin ETF spot in…
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Hut 8 Responds to Reports Criticizing USBTC Merger and Other Activities
2024-01-23
Trade News
The issuer of the report will profit from the drop in the value of Hut 8's stock. Bitcoin and digital asset mining company Hut 8 responded to a recent critical report in a Jan. 19 statement. The mining company wrote:Litecoin DOGE Miner Asic "Hut 8 Corp is aware of a…
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A Long Journey | Bitcoin Spot Exchange Traded Fund (ETF) Finally Approved After 14 Years of Approval
2024-01-23
Trade News
The year 2024 marks the dawn of a new era, not only for technology but also for finance, with a major victory for the Bitcoin Spot ETF (exchange-traded fund). This is a time to honor the vision and tenacity of the past. When the pioneer cryptocurrency and digital currency, Bitcoin,…
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Trezor Confirms Data Breach, Warns of Phishing Risks
2024-01-21
Trade News
Trezor Discloses Vulnerability Affecting 66,000 Users, Warns of Increased Phishing Risks and Urges Stronger Security Measures Trezor, a maker of cryptocurrency hardware wallets, recently disclosed a security vulnerability affecting approximately 66,000 users.The announcement, made on January 20, has caused significant concern in the digital asset community.Trezor discovered unauthorized access in…
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Binance Booms After Settlement, $4.6 Billion Inflows
2024-01-21
Trade News
Binance Rebounds After Settlement, $4.6 Billion Inflows, Global Signals Expansion Recovery. The world's foremost digital asset exchange, Binance, has made headlines for its remarkable recovery following a recent settlement with US regulators. Addressing allegations of money laundering and sanctions evasion, the settlement marks a pivotal moment for the platform, propelling…
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SEC Approves Nasdaq’s Filing Request for Spot Bitcoin ETF Options
2024-01-21
Trade News
Options trading in spot bitcoin ETFs could be on the rise after the U.S. Securities and Exchange Commission (SEC) approved the listing of several "non-securities commodity" funds on U.S. exchanges. Nasdaq filed a 19b-4 with the SEC to amend its listing rules to allow trading of bitcoin (BTC)-based ETF derivatives.…
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Reddit reportedly planning to launch IPO in March
2024-01-21
Trade News
The planned IPO also poses a test for Reddit users to demonstrate their loyalty to the platform. Reddit, the famous social media platform, is about to launch an initial public offering (IPO) after three years of contemplation and is expected to enter the stock market in March. The company secretly filed…
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SEC v. Coin hearing postponed until next Monday
2024-01-21
Trade News
Coin is expected to file a hearing postponement request due to today's weather. According to a meeting minute released on January 19th, today's court hearing between Coin and the SEC has been postponed. The order announced the following: "Officials have just announced that due to inclement weather, the court will…
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Why Elon Musk Marvels at Bitcoin
2024-01-21
Trade News
In a compelling exchange on the social media platform X (formerly known as Twitter), Tesla and SpaceX CEO Elon Musk expressed his amazement at Bitcoin in response to a tweet by Ark Invest CEO Cathie Wood.Wood's tweet resonated with Musk, revealing the extraordinary statistics of the Bitcoin network that eliciting…
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Franklin Templeton CEO Says ETF Shows Ubiquitous Demand for Bitcoin
2024-01-21
Trade News
Franklin Templeton CEO Jenny Johnson said her company decided to launch a spot bitcoin exchange-traded fund (ETF) in response to the "growing demand" for the flagship cryptocurrency. Johnson made the statement in a CNBC interview on January 19, 2022, countering earlier notions that she does not support Bitcoin or cryptocurrencies,…
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