The approval of Bitcoin ETFs can open the doors for further derivatives products and enhance BTC’s role in decentralized finance, but its long-term impact may go far beyond financial markets.
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Grayscale’s Bitcoin Trust (GBTC) experienced an outflow of $579 million in its first days of trading after redemption was opened under the U.S. SEC approval.
SEC Chair Gary Gensler said the agency is taking the cybersecurity incident seriously and is currently evaluating the impact of the breach on crypto investors and marketplaces.
The funds are part of Hedera’s goal to strengthen its base following its 2023 performance, with over 33 billion real-world transactions on the network.
Terraform Labs co-founder Do Kwon urges the court to delay his trial date, as he aims to resolve extradition issues in Montenegro to ensure his presence at the United States court.
BlackRock CEO Larry Fink suggests that Bitcoin may not become the go-to currency for everyday spending and asserts that he hasn't contemplated the potential price trajectory of Bitcoin.
Bitcoin price dropped by nearly 7% just 2 days after the spot ETF approvals. Cointelegraph investigates why BTC price is correcting.
The crypto, intended as a blow against U.S. sanctions, was never accepted at home or abroad and was crippled by scandal.
The attacker used an unverified contract to borrow 1,100 Lido Staked Ether, which may have been used to manipulate prices and drain funds from the protocol.
The Bitcoin ETFs generated strong volumes on Jan. 11, but that did not translate into higher prices in Bitcoin, indicating that the event was largely priced in.
Vanguard Group Inc. had an 8.24% stake as of September 2023, making it the second-largest institutional shareholder in MicroStrategy.
Senators Ron Wyden and Cynthia Lummis questioned the SEC’s lack of multifactor authentication and phishing-resistant hardware tokens for its X account.
The Monetary Authority of Singapore would be able to give written directions on conducting unregistered business among several new powers.
Some X accounts theorized that the Bitcoin crash was caused by GBTC redemptions, but Arkham data shows only $41 million in outflows.
Web3 applications and protocols saw 124% growth in 2023, where an average of 4.2 million UAWs interacted with these apps daily, more than double the number of users in 2022.
ETH price surges above $2,650, eclipsing investors’ expected impact of the spot Bitcoin ETF approval. But what’s behind Ethereum’s momentum?
The SEC Chair said Grayscale’s court decision “changed” the commission’s approach to spot Bitcoin ETF trading on Wall Street.
Ethereum ETF “value” is acknowledged by CEO Larry Fink as ETH’s price rises sharply in both U.S. dollar and BTC terms.
According to the New York regulator, Genesis had compliance failures that violated crypto and cybersecurity regulations, leaving the company “vulnerable to illicit activity.”