December 22, 2023

Can BlackRock “Front Run” The Bitcoin ETF Approval? Bloomberg Explains

With Bitcoin (BTC) spot ETFs seemingly just weeks away, some crypto investors are curious whether asset managers like BlackRock can “front run” their approvals using insider knowledge before their highly anticipated funds reach the market. In an X space on Friday, Bloomberg ETF analyst James Seyffart cleared the air on what BlackRock can and cannot...
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Coinbase CEO Affirms Crypto as the Future of Money

In a recent blog post, Coinbase CEO and Co-founder Brian Armstrong expressed the belief that cryptocurrency is not just a passing trend but represents the future of money. Notably, Coinbase is on a mission to expand economic freedom for more than a billion people, emphasizing the transformative potential of the asset class in reshaping the...
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MS Drainer Hackers Thwart AdSense Safeguards, Steal Nearly $59 Million

Wallet drainers are a type of scam that generally operates by cloning a legitimate website, fooling the target into providing their crypto wallet credentials, and then executing a smart contract that sends the users’ funds to bad actors. 🚨1/ Alert: A ‘Wallet Drainer’ has been linked to phishing campaigns on Google search and X ads,...
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After Office Raid, Bulgaria Drops All Charges Against Nexo

The prosecutor’s office of Bulgaria has dropped all charges against crypto lending giant Nexo after the company’s regional offices were raised by government authorities earlier this year. In a private message to CryptoPotato, a company spokesperson confirmed that prosecutors found “no evidence” of crime, despite a range of former allegations including terrorist financing, and offering...
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Amid Solana’s Hot Streak, FTX and Alameda’s 73% Locked SOL Stash Ignites Market Speculation

Solana’s native – SOL – token has been on an absolute tear this month. After flipping XRP, it briefly surpassed BNB before settling as the fifth-largest crypto asset. Over the past week alone, SOL has surged by nearly 23%, partly fueled by the excitement surrounding airdrops, which contributed to the complete sell-out of Solana’s Saga...
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Bitcoin at $44,000: Options Market Sends Mixed Signals Amid Highs

As Bitcoin maintains its elevated position around $44,000, the options market is showing mixed signals, according to options data tracking website Greeks.Live. Notably, both Bitcoin and Ethereum block trades have witnessed a prevalence of put buying, with a combined value of $100 million. The dominance of put options, amounting to $13 million for BTC and...
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The Challenging Road Ahead for Gary Gensler in Crypto Regulation: Industry Perspectives and Calls for Change

In the world of cryptocurrencies, a day without Gary Gensler’s criticism is incomplete. The head of the Securities and Exchange Commission (SEC), has become a figure of controversy. Gensler’s role in regulating the $1 trillion crypto sector has been challenging. Gensler Raises Concerns Over Fraud and Lack of Disclosure SEC Chair Gary Gensler has expressed...
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Solana Mobile Faces Inventory Management Issue, Unable to Fulfill New Orders

Solana Mobile has announced on X that it cannot fulfill orders placed after its Solana Saga inventory ran out. This issue has arisen due to a management problem with the third-party distributor. Notably, this development follows the sellouts in the U.S. and the EU, where the company faced high demand but had a limited inventory...
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Clock Ticking: 6 Hours Left in MetaWin’s Thrilling $1 Million USDC Prize Race

[PRESS RELEASE – London, UK, December 22nd, 2023] Revolutionary Web3 Platform Prepares to Award $1 Million USDC Prize MetaWin, the premier web3 competition platform leveraging blockchain technology, is counting down the last 6 hours in its record-breaking MetaWin Millionaire prize draw, where one lucky player will win a life-changing $1 Million USDC! $1 Million Grand...
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OP Soars 30% to $3 as Optimism Network Addresses Witness a 391% Surge Since January

Prominent Ethereum layer-two scaling solution – Optimism – has gained widespread popularity in 2023, addressing the demand for better alternatives, and its user base has soared this year. According to the latest data compiled by Intotheblock’s data, the network now boasts over 5.9 million addresses with a balance, marking a substantial increase of 391% from...
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Bitcoin ETF Approval Set to Propel BTC Price Beyond $50K: Matrixport

Research conducted by Matrixport anticipates that the price of Bitcoin will surpass the $50,000 threshold in January 2024, provided that the approval of spot Bitcoin ETFs by the U.S. SEC becomes a reality. The firm predicts a 95% probability of spot Bitcoin ETF approval in January 2024. Matrixport Sees Bitcoin at $50K Matrixport’s research highlights...
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More Crypto Companies Embrace AI – Don’t Miss This Announcement

This year the artificial intelligence (AI) has become a pivotal point of interest, shaping the future of various industries. However, one particular sector that has been relatively slow to embrace this transformative duo is cryptocurrency. In this article, we’ll delve into the evolving landscape of crypto and AI and take a closer look at one...
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Arthur Hayes Professes Love for ‘Archangel Vitalik’ by Buying ETH and Selling SOL

Arthur Hayes, the founder of the renowned crypto exchange BitMEX, has sold off his holdings in Solana (SOL) and redirected his investment towards Ethereum (ETH). According to Hayes, this strategic shift stemmed from an enlightening meditation session that prompted him to reassess his portfolio, favoring Ethereum over Solana. Arthur Hayes Predicts Ethereum to Reach $5,000...
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Argentina Allows Contracts to Be Settled in Bitcoin, Local BTC Price Surges to ATH

Diana Mondino claimed that a decree legalizing the use of certain currencies in contracts and for payments would also apply to Bitcoin. “We ratify and confirm that in Argentina, contracts can be agreed in Bitcoin [translation],” she said on Dec. 21.  Ratificamos y confirmamos que en Argentina se podrán pactar contratos en Bitcoin. — Diana...
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The Top 10 Crypto Moments That Made 2023 

In an industry that moves like no other, crypto has had a year like no other. As 2023 rounds to an end, we’ve taken a look back at the top 10 events that transpired and how they shaped our industry.  TL;DR? Markets had a bearish entrance into 2023 while battling the aftereffects of FTX and...
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US Appeals Court Finalizes Forfeiture of Silk Road Bitcoins

A U.S. appeals court has issued a mandate that formalizes the forfeiture of 69,370 Bitcoins and other cryptocurrencies linked to the now-defunct Silk Road dark web market. The ruling, confirming the judgment from August 18, 2023, marks the official conclusion of a legal saga that originated with the 2013 arrest of Silk Road founder Ross...
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Bitcoin (BTC) $ 95,643.63 1.84%
Ethereum (ETH) $ 3,329.07 1.39%
Tether (USDT) $ 0.999539 0.10%
XRP (XRP) $ 2.24 0.17%
BNB (BNB) $ 657.80 0.80%
Solana (SOL) $ 182.77 0.88%
Dogecoin (DOGE) $ 0.316781 2.22%
USDC (USDC) $ 1.00 0.02%
Lido Staked Ether (STETH) $ 3,324.43 1.20%
Cardano (ADA) $ 0.895556 1.46%