The US Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or reject Grayscale's application to convert its Ethereum Trust into an exchange-traded fund (ETF), which would allow investors to gain exposure to Ethereum without physically purchasing it. This comes after the SEC also delayed its decision on BlackRock's spot ETH ETF and Fidelity's proposed spot Ethereum ETF, although it did approve 10 Bitcoin ETFs earlier this year. Grayscale is a prominent crypto fund manager that holds large amounts of Ethereum and Bitcoin.
Nova Labs has partnered with Spanish telecom firm Telefónica to launch Helium Mobile Hotspots in Mexico, providing mobile WiFi access through a phone's SIM card and improving overall mobile coverage service in select parts of the country. The collaboration has caused the price of the Helium Mobile (MOBILE) token to spike by 39% in just two days.
The United States plans to sell approximately $117 million worth of Bitcoin seized from a convicted drug trafficker operating on the Silk Road dark web marketplace.
Vara Network expresses gratitude to the community for their support in advancing Web3 solutions and announces the launch of the Vara Airdrop 2, featuring the Vara Claim Interface and allocation and distribution stages.
Jupiter's decentralized finance (DeFi) aggregator will launch a meme coin called WEN on Friday, distributing 70% of the supply equally across more than a million eligible Solana wallets.
The approval of a central bank digital currency (CBDC) in the US may threaten citizens' financial freedom, according to former Republican presidential candidate Vivek Ramaswamy, who warns that it could give the government the power to wipe out bank accounts or dollars of individuals who express dissent. Ramaswamy applauds Donald Trump for taking an anti-CBDC stance.
The U.S. Securities and Exchange Commission has delayed Grayscale Investments' application to convert its Ethereum trust product into an exchange-traded fund (ETF), following a similar delay for BlackRock; this comes after the SEC approved spot bitcoin ETFs earlier this year.
JPMorgan suggests that selling pressure in bitcoin from profit-taking in the Grayscale Bitcoin Trust (GBTC) might be largely over, as investors have already taken profits and moved funds to newly created spot bitcoin ETFs.
AltLayer, a scaling protocol in the Ethereum ecosystem, has launched a $100 million ALT token airdrop, offering early users and ecosystem participants the opportunity to claim the tokens, which have already increased in value by 18% to $0.327.
Bitcoin is expected to appreciate in value due to increasing demand as a global reserve currency and an alternative to national currencies, particularly as the U.S. dollar's value decreases and investors seek a non-inflationary asset, making it a sensible investment.
The Solana (SOL) price has been falling, deviating below a horizontal support area and facing a short-term descending resistance trend line, but the introduction of token extensions may provide relief or reversal in the future.
Router Protocol has launched Nitro, a cross-chain solution built on the Router Chain that promises fast and secure transactions between different chains, with extensive support for various types of chains.
The U.S. reported 3.3% GDP growth in Q4 of 2021, beating estimates and resulting in Bitcoin maintaining stability, while billions worth of crypto futures are set to expire.
Gamified Bitcoin accelerator 10n8 Little Dragon has raised $1.5 million in a 72-hour fundraising round from investors and VC firms to accelerate APAC projects and introduce them to English-speaking markets through a viral utility token project that leverages the BRC-20 standard on the Bitcoin blockchain.
Ethereum developers have announced the dates for the final testing of the Dencun upgrade on two key test networks, signaling the upcoming implementation of the hard fork on the main Ethereum network to enable cheaper transactions and data availability.
Axiom, a protocol that allows smart contract developers to access historical data from Ethereum using zero-knowledge proofs, has raised $20 million in a Series A funding round to further develop their platform and expand their team.
Bitcoin's price has fallen after the launch of spot exchange-traded funds (ETFs), and a survey by Deutsche Bank indicates that retail investors believe it could drop further, with over one-third of respondents expecting it to fall below $20,000 by the end of the year and more anticipating its disappearance rather than its continuation.
Chris Dixon, a venture capitalist and partner at Andreessen Horowitz (a16z), has written a book called "Read Write Own" that defends the decentralized promise of blockchain and argues that it can save the internet from corporate control. He believes that blockchain technology can be more than just a tool for speculation and gambling and that it has the potential to create an open and democratic internet infrastructure. However, he acknowledges that there are challenges and barriers to overcome before this vision can become a reality.
Craig Wright, notorious for claiming to be Bitcoin's founder Satoshi Nakamoto, is facing potential legal trouble as he offers a settlement to the Crypto Open Patent Alliance amid allegations of forgery and filing forged documents in court. However, the developers involved have rejected the settlement, setting the stage for Wright to face justice for his lies and bullying.
Crypto payments company Eco Inc. has acquired shopping app Join, allowing users to make purchases with stablecoins at major merchants like Amazon and Shopify directly through Eco's self-custody wallet Beam. Users can now spend their Beam wallet balance on in-app purchases, providing a seamless online shopping experience for stablecoin users. Eco aims to make ledger technology more accessible and sees Beam as a user-friendly materialization of crypto's decentralized promise.
Cathie Wood, CEO of Ark Invest, emphasized the significance of Bitcoin and its future potential as she discussed the introduction of 11 new ETFs based on Bitcoin's spot price, reaffirming her long-term expectations of a million-dollar Bitcoin future.
Web3Intelligence has raised $4.5 million in a private funding round for its investment app Dopamine, ahead of the launch of its native token DOPE, which will serve as a utility token for accessing the gamified experience for investment in the decentralized finance (DeFi) world, and will also provide access to the company's anti-money laundering (AML) infrastructure.
Despite a recent drop in price, a crypto analyst believes that Bitcoin is still on an uptrend and remains bullish due to its upcoming halving event which is expected to spike demand.
A U.S. judge rejected Binance founder Changpeng 'CZ' Zhao's request to travel to the UAE despite offering his $4.5 billion Binance US equity as security, as part of a settlement with the U.S. DOJ regarding charges of AML violations.
The XRP Ledger is preparing for an upgrade to introduce an Automated Market Maker (AMM) trading platform, which will allow XRP holders to earn income by becoming liquidity providers. Validators are currently voting on the proposal, with a consensus of 60%.
Controversy surrounds SatoshiVM's SAVM token as a few wallets with a significant portion of the token supply dumped their holdings shortly after launch, leading to backlash and questioning of motives. Despite the controversy, SAVM tokens have maintained somewhat stable prices and remain popular among retail traders.
Bitcoin (BTC) consolidated above $40,000 as traders anticipated the release of the U.S. GDP data and options worth billions of dollars are set to expire on Deribit.
The MANTA Network (MANTA) and PENDLE prices have reached new all-time highs, with MANTA potentially reaching $10 and PENDLE potentially reaching $3.45, although there is a possibility of a price drop for both.
Stocks of public companies holding Bitcoin, such as MicroStrategy, Tesla, and Coinbase, have seen significant declines in value due to the recent drop in Bitcoin price after the launch of spot crypto ETFs in the US.
The options market currently shows a preference for Ether's price to decline, despite observers believing that it has the potential to become a market leader in the coming months.
Crypto analyst Justin Bennett warns that Bitcoin could experience a significant market crash, potentially declining by more than 74% if a black swan event triggers a severe correction, and suggests that Ethereum may also be in a downtrend.
Tesla's Bitcoin holdings remained unchanged in Q4 2023, with the company neither buying nor selling any Bitcoin during that period, according to their latest earnings report.
The CEO of Tools for Humanity, Alex Blania, announced that the next iteration of the Worldcoin Orb device will have a design similar to an Apple product and will be released in the first half of this year. The Orb scans people's irises to create a "World ID" for identity verification purposes.
LayerZero, a blockchain infrastructure firm, faced criticism from the Lido DAO community after deploying a crypto bridge without official approval, triggering a dispute over endorsement and first-mover advantage for interoperability providers in the growing cross-chain landscape.
Telefónica has partnered with Nova Labs to deploy Helium Mobile hotspots in Mexico, utilizing the Helium 5G network to offload mobile data traffic and extend coverage by connecting to Telefónica's network using customers' existing SIM cards, offering an innovative, cost-effective solution to expand coverage.
The UK government is proceeding with caution as it prepares to release the digital pound consultation, taking into account concerns regarding privacy, financial inclusion, limits, monetary policy, and interest.
Bitcoin's price drop following the launch of spot crypto ETFs in the US has led to a significant decline in popular stocks that provide investors with Bitcoin exposure.
Bitwise, the crypto asset manager, has become the first spot bitcoin exchange-traded fund issuer to share its digital wallet address, allowing the public to verify the fund's holdings and flows directly on the blockchain.
The approval of bitcoin exchange-traded funds (ETFs) by the Securities and Exchange Commission (SEC) will make it extremely difficult for the U.S. government to ban bitcoin, ensuring its continued evolution as a transformative digital asset.
Bitcoin has fallen nearly 20% in the past two weeks following the debut of new U.S. exchange-traded funds, but some analysts believe it still has the potential to reach an all-time high by the end of the year.
Blockchain gaming influencer Jesus “Classy” Martinez was removed from Gala Games' creator program due to concerns that his videos focused too heavily on return on investment and token-centric content, highlighting a conflict between influencers with insider knowledge and gaming companies who want to avoid liability and insider trading accusations.
The U.S. Securities and Exchange Commission has delayed a decision on BlackRock's spot Ethereum exchange-traded fund application, which would give people exposure to the second-largest cryptocurrency by market cap.
Former U.S. President Donald Trump's Ethereum wallet, which holds royalties from sales of his NFT collections, also contains over 579,000 MAGA (TRUMP) tokens, currently valued at around $1.1 million, as meme coins continue to surge in price.
Coinbase Global, Inc. will release its fourth quarter and full year 2023 shareholder letter, including financial results, on February 15, 2024, and hold a question and answer session to discuss the results that same day.
Renowned crypto trader Arthur Hayes predicts that Bitcoin will reach a local bottom between $30,000 and $35,000 due to geopolitical factors and the impact of US Treasury Secretary Janet Yellen and Federal Reserve Chairperson Jerome Powell's financial strategies, but remains long-term bullish on the cryptocurrency.
Polygon Labs is launching a new "aggregation layer" that combines the benefits of integrated and modular blockchain architectures using zero-knowledge proofs to create a unified and scalable network.
The XRP Ledger is preparing to launch an Ethereum Virtual Machine compatible sidechain, allowing Ethereum developers to access and build on the XRPL network. The sidechain is awaiting a few components to come together, such as the XChainBridge, and is undergoing audits before its release.
Craig Wright, the man claiming to be the creator of Bitcoin, has issued a settlement offer to the Crypto Open Patent Alliance (COPA) and other parties involved in a lawsuit over intellectual property rights, in an effort to avoid a trial and prove his identity as Satoshi Nakamoto. The offer includes waiving his copyright claims and offering licenses to opposing parties, with the goal of encouraging fair competition and respecting intellectual property rights in the Bitcoin industry.
Denver pastor Eli Regalado and his wife are facing civil fraud charges after allegedly pocketing $1.3 million from investors who purchased their worthless cryptocurrency, INDXcoin, which they advertised as a profitable and faith-based investment opportunity.
Bitcoin could see increased appeal in 2024, according to analysts, as the US Federal Reserve considers rate cuts and investors seek fixed supply assets amidst market shifts.