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   Business News    Financial News   Financial News

  Posted by u/ 8 months ago

New York judge in Donald Trump fraud case receives bomb threat: authorities

The judge in Donald Trump's civil fraud case received a bomb threat at home Thursday, but the incident wasn't expected to delay closing arguments.

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  Posted by u/ 8 months ago

Donald Trump shares false claim Nikki Haley isn't eligible to be president

Donald Trump has also tried to use the birtherism conspiracy theory against Barack Obama, Ted Cruz and Kamala Harris

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  Posted by u/ 8 months ago

Analyst?s top DeFi coins to rally in January ? Polygon, Ripple, and NuggetRush

NuggetRush’s mining game has attracted many users who have pushed the token from $0.010 to $0.015. Crypto Analyst Ali Charts foresees Polygon rising as high as $0.96. Ripple whales are currently on the move as they sent 126.7 million XRP. Analysts have picked Polygon, Ripple, and NuggetRush (NUGX) as their top DeFi coins for gains […]

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  Posted by u/ 8 months ago

Binance, Kraken apps removed from App Store in India; implications for Pullix?

Apple has removed Binance, Kraken, MEXC and Kucoin apps from its App Store in India. Meanwhile, new exchange platform Pullix (PLX) continues to see great traction during its presale. Trading on a hybrid exchange means users have access not just to liquidity, but also to all the robust security features that make top CEX platforms […]

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  Posted by u/ 8 months ago

Metacade fuels 2024 blockchain gaming revolution: partnerships and investment insights

Metacade shapes 2024 gaming with strategic partnerships and diverse blockchain game offerings. Yat Siu, Animoca Brands’ executive chairman, anticipates a blockchain gaming resurgence in 2024. Evaluation of $MCADE token reveals a clear roadmap, buyback mechanism, and active community. The gaming industry is set for a dynamic transformation in 2024, with blockchain games taking centre stage. […]

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  Posted by u/ 8 months ago

Celsius initiates recovery of large pre-bankruptcy withdrawals

Celsius Creditors withdrawing $100k+ pre-bankruptcy face legal action and must comply for future distributions. Celsius’ post-bankruptcy Bitcoin mining focus approved; Ethereum unstaked for timely creditor repayments. Legal challenges persist; CEO Alex Mashinsky faces fraud charges; $4.7B FTC settlement hinges on successful bankruptcy completion. In a strategic move amidst its post-bankruptcy revival, Celsius, the crypto lending […]

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  Posted by u/ 8 months ago

BlockGuard and Pixelette Technologies forge a strategic DeFi partnership

BlockGuard and Pixelette form a strategic DeFi partnership. Asif Ashiq Rana, Pixelette’s CEO, joins BlockGuard as an advisor, bringing expertise in blockchain and AI. The collaboration focuses on BlockGuard’s vision for transparent, efficient, and accessible Web3 risk management. Web3 platform BlockGuard has inked an equity partnership with Pixelette Technologies, a leading London-based blockchain and IT […]

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  Posted by u/ 8 months ago

Bitget Reaffirms Industry-Leading Reserve Strength with Latest PoR Ratio of 175%

Victoria, Seychelles, January 10th, 2024, Chainwire Bitget, the world’s leading cryptocurrency exchange and Web3 company, has launched its most recent monthly Proof of Reserves (PoR) report, demonstrating its industry-leading commitment to transparency with a robust total reserve ratio of 175%. This regularly-released PoR disclosure underscores Bitget’s unwavering pledge to maintain 100% backing for user funds […]

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  Posted by u/ 8 months ago

BitGo receives in-principle approval in Singapore

Singapore’s financial regulator has granted crypto custody firm BitGo an in-principle approval. The licence allows BitGo to operate as a Major Payments Instutition (MPI) provider in the country. Digital asset custody provider BitGo has received a regulatory nod from the Monetary Authority of Singapore (MAS). The crypto company said in an announcement on Wednesday that […]

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  Posted by u/ 8 months ago

Turkey?s crypto regulation is at the final stage: report

Turkey’s crypto regulation seeks to align the country’s anti-money laundering laws with the scope of the Financial Action Task Force (FATF) as it looks to get off the “grey list”. Minister of Treasury and Finance Mehmet Simsek says the crypto asset regulation framework has reached the technical stage. Turkey has advanced the legal framework for […]

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  Posted by u/ 8 months ago

Bitcoin trades above $46k ahead of SEC ETF decision: Will it rally higher?

Key takeaways Bitcoin is trading above $46k as market experts expect the US SEC to approve a spot Bitcoin ETF soon. Bitbot’s presale is launching in a week and the project seeks to make trading easier for users.  The cryptocurrency market has been performing well over the last few hours, with Bitcoin trading above $46k. […]

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  Posted by u/ 8 months ago

Binance, KuCoin, Other Exchanges, Served Notice by Indian Government Removed From Apple?s App Store

Apple has removed Binance, KuCoin and other offshore cryptocurrency exchanges from its India app store days after nine such entities were sent compliance show cause notices by the Indian government.

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  Posted by u/ 8 months ago

Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations

Those tweets caused bitcoin prices to immediately spike to $47,680 from the $46,800 level. It then fell as low as $45,400 as the tweets were found to be fake.

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  Posted by u/ 8 months ago

Bitcoin Traders Seek Protection From Price Declines as ETF Deadline Looms: Deribit

Puts are overbought and calls [are] being sold, Deribit's CCO Luuk Strijers told CoinDesk, noting the decline in the bitcoin implied volatility index.

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  Posted by u/ 8 months ago

BTC Supply in Profit Nears 90% as Price Rallies on Expected Bitcoin ETF Approval

Just under half of the bitcoin supply was in profit at the start of last year.

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  Posted by u/ 8 months ago

Ether Jumps Over $2.4K as Traders Bet on Possible Ether ETF Next

BlackRock had previously filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).

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  Posted by u/ 8 months ago

Brevan Howard, Hamilton Lane Back New Tokenization Platform Libre

Freshly out of stealth, Libre is also working with Nomura?s Laser Digital unit and has been built using Polygon?s chain development kit by tokenization pioneer Avtar Sehra.

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  Posted by u/ 8 months ago

Turkey Will Conclude Technical Studies for Crypto Legislation Soon: Finance Minister

Under draft proposals, crypto firms will be required to obtain licenses from the country?s capital markets regulator.

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  Posted by u/ 8 months ago

BlackRock, ARK 21Shares Follow Rivals in Cutting Bitcoin ETF Fees

The SEC is expected to approve multiple ETFs at the same time, meaning the different providers will tussle for market share using fee structure as one of the main weapons.

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  Posted by u/ 8 months ago

First Mover Americas: Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 10, 2024. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the crypto markets.

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  Posted by u/ 8 months ago

Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellor on the Brink' Reference

Jokester pays $2.97 to record the one-liner "SEC Chairman on the brink of second ETF approval" on the blockchain.

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  Posted by u/ 8 months ago

Arthur Hayes Joins Decentralized AI platform Ritual

BitMEX co-founder Arthur Hayes has joined decentralized AI platform Ritual as an adviser with the aim of committing to the financialization of the AI industry.

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  Posted by u/ 8 months ago

Making Sense of Web3?s Burgeoning AI Ecosystem

Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help investors better understand the ecosystem and make more informed investment decisions, says David Attermann, at M31 Capital.

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  Posted by u/ 8 months ago

Beyond the ETF: Crypto Innovations to Watch in 2024

While most market watchers are focused on bitcoin ETFs at the moment, Decentralized Physical Infrastructure Networks (DePIN) and Real World Assets (RWA) hold a lot of long-term promise, says Colton Dillion, CEO of Hedgehog.

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  Posted by u/ 8 months ago

We Tried Fox's Blockchain-Based Tool for Deepfake Detection. Here's How It Went

Fox's new blockchain tool might not help consumers suss out deep fakes, but it could be a boon to publishers struggling to navigate the AI age. We kicked the tires on the new technology.

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  Posted by u/ 8 months ago

Hedera-Based Tune.FM Raises $20M for Artist-Friendly Web3 Music Platform

Tune.FM provides musicians with a platform to receive micropayments for streaming in its native JAM token (JAM).

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  Posted by u/ 8 months ago

Did the Fake Bitcoin ETF Announcement Prove an SEC Approval Is a 'Sell-the-News' Event?

The SEC's social media account was hacked to say the much-anticipated financial product was approved, perhaps answering the question of what will happen when it actually happens.

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  Posted by u/ 8 months ago

Tokenized Treasuries? Surging Demand Prompts Yield-Bearing Offering by Enigma Securities

U.S. Treasuries are a gateway for tokenization efforts, and has grown to a $850 million market from $100 million over the past year, rwa.xyz data shows.

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  Posted by u/ 8 months ago

Everyone Wants the SEC?s Fake News to Be Real

The agency said for months it couldn?t approve bitcoin ETFs because of market manipulation. Then, in a delicious irony, it was itself manipulated, showing how even non-news can move markets.

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  Posted by u/ 8 months ago

The Protocol: Beneath Bitcoin ETF Chaos, A Blockchain Drama

In this week's issue, we dive into the proposal that would have curtailed Ordinals inscriptions "NFTs on Bitcoin" traffic ? were it not abruptly ended over the past week by a maintainer for the popular Bitcoin Core software.

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  Posted by u/ 8 months ago

Bitcoin ETF Confusion Abounds

The crypto industry can breathe a sigh of relief: It looks like a federal U.S. regulator will let the world's largest traditional finance asset managers and other firms list and trade shares of a vehicle giving retail and institutional investors exposure to the price of a decentralized, trustless, stateless digital asset (if you're in the U.S.). But of course, the bitcoin exchange-traded fund (ETF) drama wouldn't be complete without, well, drama.

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  Posted by u/ 8 months ago

Cboe Says Bitcoin ETFs to Start Trading Thursday, Though the SEC Hasn't Approved Them Yet

The exchange's website listed six bitcoin ETF applicants to start trading tomorrow.

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  Posted by u/ 8 months ago

Bitcoin ETFs Win SEC Approval, Bringing Easier Access to Biggest Cryptocurrency

Hopes are high they will lure more investors into crypto.

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  Posted by u/ 8 months ago

Bitcoin Tops $47K, Ether and Grayscale's GBTC Jump After SEC Approves Spot Bitcoin ETFs

After the spot bitcoin ETF approval, all attention turns to how much demand these investment vehicles will attract.

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  Posted by u/ 8 months ago

Gary Gensler's Statement on Bitcoin ETF Approvals

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  Posted by u/ 8 months ago

Why Are Bitcoin ETFs Such a Big Deal? Gold Provides a $100 Billion Answer

Over $100 billion is now stashed in gold ETFs that trade in the U.S., the world's largest capital market. Will bitcoin ETFs grow to this size?

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  Posted by u/ 8 months ago

Bitcoin ETF Listings Will Be Quick but Money Flows Could Take Months: 21Shares Co-Founder

Ophelia Snyder says it is impossible to conceptualize the changes in bitcoin trading volumes likely through ETF inflows.

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  Posted by u/ 8 months ago

ETF Euphoria Shows Bitcoin Needs Wall Street After All

Is an ETF at odds with Bitcoin?s goal of breaking away from Wall Street? Absolutely. Is that same ETF also necessary for crypto to grow? Also yes.

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  Posted by u/ 8 months ago

Bitcoin ETFs Approved: The Industry Reacts

In a milestone for crypto adoption, the SEC today approved the trading of Bitcoin exchange-traded funds (ETFs). CoinDesk rounded up reaction from across the crypto industry to the news.

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  Posted by u/ 8 months ago

Gary Gensler's Begrudging Bitcoin ETF Concession: 'We Did Not Approve or Endorse Bitcoin'

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler conceded that the regulator's loss in court over rejecting Grayscale's application for a spot bitcoin exchange-traded fund (ETF) left it little recourse but to approve about a dozen such proposals Wednesday.

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  Posted by u/ 8 months ago

Bitcoin ETFs: What to Expect on Day One

Spot bitcoin ETFs are launching in the U.S. on Thursday. Here's what the issuers and exchanges behind these products have to say.

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  Posted by u/ 8 months ago

European Central Bank Shows It?s Serious About Enabling Digital Euro Offline Use

The central bank plans to allocate the lion?s share of its $1.3 billion contract budget for providers to work on enabling offline payments for a digital euro.

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  Posted by u/ 8 months ago

Aave Community Votes To Integrate PayPal?s Stablecoin

Majority of token holders favor onboard PYUSD in AAVE's Ethereum pool, the ongoing vote shows.

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  Posted by u/ 8 months ago

Spot Bitcoin ETF Approval Has Not Yet Happened Yet, But Bitcoin Price Is Falling Sharply

Spot Bitcoin ETF approval anticipation with analysts predicts a positive decision today between 4-6 p.m. EST, despite earlier confusion.

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  Posted by u/ 8 months ago

JPMorgan CEO Jamie Dimon Says Bitcoin Has No Value

JPMorgan CEO Jamie Dimon reiterated his criticism of Bitcoin, emphasizing his belief that the world's largest cryptocurrency "doesn't have value."

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  Posted by u/ 8 months ago

Spot Bitcoin ETF Approved: New History For Crypto

The market reacted with volatile Bitcoin prices, with Ethereum at an 18-month high when the first spot Bitcoin ETF approved.

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  Posted by u/ 8 months ago

SEC Chair Statement On Bitcoin As Its History Enters A New Chapter After ETFs Approval

The SEC Chair statement on Bitcoin urges caution, citing Bitcoin's speculative nature and frequent use in illicit activities.

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  Posted by u/ 8 months ago

Spot Bitcoin ETF Inflows Could Hit $4 Billion in First Day of Trading

ETFs were approved for debut on January 11, with a predicted record of $4 billion in spot Bitcoin ETF inflows on the first day, as per Bloomberg.

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  Posted by u/ 8 months ago

Gensler Denigrates Crypto After Greenlight for Bitcoin ETFs: Cathie Wood Fumes

In a move that sent mixed signals to the crypto community, the SEC approved a dozen spot Bitcoin ETFs on Wednesday, paving the way for investors to have direct access to the digital asset. However, Ark Invest CEO Cathie Wood accused Gensler denigrates crypto space.

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  Posted by u/ 8 months ago

Wall Street Eyes Ethereum: Spot ETF Bets Boost ETH 13.6%

Wall Street Eyes Ethereum as it surges 13.6% amid anticipation of a potential Spot ETF launch. Bitcoin experiences volatility due to fake tweets. Other tokens also gain.

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