Bitcoin Price Declines 20.6% After ETF Approval
Jan 24, 2024 04:51 am UTC| Business Digital Currency
The worlds largest cryptocurrency, Bitcoin, experienced a significant decline, currently standing at $38,900, which represents a 20.6% decrease from its three-year high of around $49,000 on January 11. This drop in value...
Meta's Crypto Venture: All You Need To Know
Jan 24, 2024 02:35 am UTC| Digital Currency
In the early months of 2022, Arun Sundararajan, the Harold Price Professor of Entrepreneurship at New York Universitys Stern School of Business, explored the potential of established brands utilizing non-fungible tokens...
SEC Discuss Ethereum Spot ETF Approval Potential
Jan 24, 2024 02:33 am UTC| Digital Currency
In a recent interview with Zack Guzman, SEC Commissioner Hester Peirce discussed the agencys stance on crypto-backed ETFs, highlighting a forthcoming change in their approval process. Unlike the previous Bitcoin ETF saga,...
FxWirePro- Ethereum Daily Outlook
Jan 23, 2024 12:49 pm UTC| Technicals Digital Currency
ETHUSD traded extremely weak for the second consecutive day and lost more than $250. It hit a low of $2198at the time of writing and is currently trading around $2213. Ethereum whales have accumulated nearly $1...
FxWirePro- BTCUSD Daily Outlook
Jan 23, 2024 11:39 am UTC| Technicals Digital Currency
BTCUSD prices trade below $40000 as early rate cut hopes diminish. It hit a low of $38900 and is currently trading around $38927. Grayscale GBTC ETF saw over outflow of $640 million. The total outflow so far is...
Hong Kong Crypto NFTs Underway, OSL Execs Say
Jan 23, 2024 09:54 am UTC| Digital Currency
Gary Tiu, the Executive Director and Head of Regulatory Affairs at OSL, a licensed crypto exchange based in Hong Kong, anticipates possibly introducing the regions first spot crypto exchange-traded funds (ETFs) by...
FTX Hedge Fund Arm Alameda Research Scraps Grayscale Lawsuit
Jan 23, 2024 09:48 am UTC| Business Digital Currency Investing
Alameda Research, an FTX affiliate co-founded by Sam Bankman-Fried and Tara Mac Aulay, has dropped its lawsuit against Grayscale Bitcoin Trust. FTXs crypto trading arm decided to scrap the case after GBTC was converted...