© Reuters In a move aimed at boosting investor interest in cryptocurrency funds, BlackRock, the world’s largest asset manager, has refined its proposal for a Spot Exchange Traded Fund (ETF) in kind. The revised proposal, which was presented to the Securities and Exchange Commission (SEC) and Nasdaq officials on Monday, seeks to allow direct trading […]
In an important development in the cryptocurrency market, Binance announced that it will stop support for its stablecoin BUSD, which currently has a market capitalization of $16 billion. This decision comes after a change in leadership, with CZ stepping down as CEO of Binance. The exchange has set a timeline for the BUSD phase-out, stating […]
© Igor Faun In a confusing series of events, an unusual transaction caught the attention of the cryptocurrency community and AntPool, one of the leading mining pools. A user accidentally paid a staggering $3 million in transaction fees to send $2.1 million worth of Bitcoin. The transaction, processed in block number 818,087, was flagged by […]
© Reuters. Trust Wallet, a popular cryptocurrency wallet provider, is grappling with technical issues that have disrupted transactions for users. The company has identified a serious issue with its BTC node service, resulting in delays and missing transaction history on the Bitcoin blockchain. The Trust Wallet team is actively working to resolve these disruptions, which […]
© Reuters. MicroStrategy Inc., the software analytics company, announced Thursday that it increased its investment by purchasing an additional 16,130 bitcoins for about $593.3 million, at an average price of $36,785 per coin. . This strategic move, announced today, increased the company’s total Bitcoin holdings to 174,530, marking a significant portfolio expansion of more than […]
Portuguese soccer star Cristiano Ronaldo has been caught in a class action lawsuit for his role in promoting non-fungible tokens (NFTs) related to cryptocurrency issued by Binance. The lawsuit was filed in federal court for the Southern District of Florida on Monday. The plaintiffs are seeking at least $1 billion in damages, claiming that high-profile […]
© Reuters. Decentralized exchange dYdX has expanded its trading horizons by introducing five new perpetual contracts to its platform, including XRP, Uniswap (UNI), Tron (TRX), Optimisim (OP) and Cardano (ADA). This expansion brings the total number of cryptocurrencies available on dYdX to 13, enhancing the exchange’s liquidity and maintaining competitive trading fees. On November 30, […]
© Reuters. Colombia is making significant strides in integrating cryptocurrency into its economic framework, with President Gustavo Petro now taking ownership of (BTC) after engaging in strategic talks focused on applicable country. The discussions, which included JAN3’s Samson Mow and Diego Gutierrez-Zaldivar from IOVLabs, centered around using blockchain technology to advance social good. The Colombian […]
Investing.com – surpassed $40,000 on the dollar for the first time in 2023 on Monday, supported by growing optimism about an early interest rate cut by the Federal Reserve, while remains focused on the ability to approve spot exchange-traded funds for tokens. The world’s largest cryptocurrency rose 2.7% to $40,521.0, extending gains after a three-week […]
© Reuters According to Khac Hieu Investing.com – for the first time the currency surpassed the $40,000 mark since May 2022 thanks to expectations that the US Federal Reserve (Fed) will soon cut interest rates and the ability to attract more investors when spot ETFs are delivered approval, according to Bloomberg. Data on CoinDesk shows […]