Decentral Block Post

The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May.

Bitcoin may remain under pressure for a few days, but a collapse is unlikely, as traders are expected to buy the dips in anticipation of a spot Bitcoin ETF.

The ad spot came as the U.S. SEC is looking at multiple spot crypto exchange-traded fund applications from asset managers.

The new crypto-mining equipment to be bought by Cipher is expected to deliver 7.1 EH/s of self-mining capacity by the first half of 2025.

Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle.

Hut 8’s new mining site in Cedarvale, Texas, will house almost 66,000 miners and be powered by more than 215 MW of energy.

Spot Bitcoin ETFs could trigger unwanted consequences for crypto exchanges like Coinbase due to lower transaction fees, according to ETF analysts.

BTC price action keeps traders nervous going into the holiday period as Bitcoin faces the pressure of the yearly close.

Bitcoin is not the only network getting clogged up with Ordinals inscriptions, with weekend activity on EVM chains also spiking.

“It’s impossible for me to imagine some other internet store of value [will] leapfrog Bitcoin,” said Jan van Eck, making a bullish case for BTC.

Bitcoin is set to break its eight-week winning streak, but that has not affected the prospects of ATOM, FIL, EGLD, and ALGO, which look strong on the charts.

Bitcoin miners are the main beneficiaries of current sky-high transaction fees, data shows, but many longtime market participants have little time for complaints.

BlackRock updates its Bitcoin ETF application to enable banks, demand for El Salvador’s crypto-linked citizenship, and Sam Bankman-Fried’s attorney interview.

Pro-XRP lawyer John Deaton said that the SEC’s stance in the Coinbase rulemaking dispute directly opposes the SEC chair’s statements during his congressional testimony earlier in 2023.

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations.

The Ledger connector vulnerability put the entire DeFi ecosystem at risk, with market experts asking users to remain cautious of using DApps even after Ledger released a patch.

Bitcoin and select altcoins are witnessing profit-booking on rallies, increasing the likelihood of a short-term pullback.

Meetings between asset managers and the SEC intensified over the previous weeks, with Gary Gensler’s team meeting with BlackRock and Hashdex representatives.

Bitcoin is likely to reach $1 million quickly due to a “torrent of money” coming from institutional investors in 2024, according to the Jan3 CEO.

Bitcoin bulls face a battle for support on multiple timeframes as BTC price action stays volatile.