The introduction of the crypto ETF yesterday sparked a positive outlook on Friday, with Bitcoin leading the surge that also impacted altcoins. CoinGlass data highlights the market’s volatility, as over $230 million in trades were liquidated in 24 hours. Notably, the liquidation of $43.2 million in Bitcoin long positions underscores the significance of the event,…

SEC Chairman Gary Gensler has affirmed the approval of all Bitcoin Spot ETF products. Gensler emphasized the SEC’s commitment to legal compliance and court interpretations, highlighting that under Clayton’s leadership from 2018 to March 2023, over 20 exchange rule applications for spot Bitcoin ETPs, including Grayscale’s proposal, were not approved. Gensler clarified that the approval…

Unexpectedly, Bitcoin (BTC) witnessed a $50 billion market cap loss due to false Spot Bitcoin ETF claims by the US Securities and Exchange Commission (SEC). The agency’s X account was hacked, leading to a misleading approval message for the investment product. The false nature of the claim was exposed as the agency lost control of…

In response to compliance notices from the Indian government to nine cryptocurrency entities, Apple has removed several leading offshore exchanges, including notable platforms like Binance, KuCoin, and OKX, from its App Store in India. India’s Regulatory Authority Target’s Cryptocurrency Operators Following show-cause notices issued by the Financial Intelligence Unit (FIU) of India on December 28,…

Following the breach of the United States Security and Exchange Commission’s official X account, which led to a false post about the spot Bitcoin (Exchange Traded Fund) ETF, a subsequent report from crypto security firm PeckShieldAlert gained widespread attention. The counterfeit XAI token experienced a drastic 100% drop on January 10, 2024, as the deployer…

Early in the day, the crypto sphere experienced a momentary disturbance with the false appearance of an approved spot Bitcoin ETF. Greeks.live, a prominent crypto data platform, highlighted the resulting heightened Bitcoin (BTC) volatility, clarifying that the purported impact of the fake ETF on Bitcoin was perceived as restricted. The Counterfeit ETF Approval News Failed…

Dogecoin (DOGE) stands out as a prominent memecoin in the cryptocurrency realm. In the past 24 hours, its price has undergone significant volatility fueled by rumors circulating on social media. Unfounded Rumours Unfounded rumors triggered tumultuous price fluctuations for DOGE after a false social media claim regarding the demise of its cherished mascot. Following a…

The cryptocurrency community is eagerly awaiting a decision on the approval of a Bitcoin (BTC) Exchange-Traded Fund (ETF). With the U.S. Securities and Exchange Commission (SEC) expected to announce its decision within the next 72 hours, the market is buzzing with anticipation. The outcome of this decision holds substantial significance, potentially marking a crucial milestone…

Mark Carnegie, the Australian venture capitalist and founder of MHC Digital Group, expresses optimism regarding Bitcoin’s potential for a bullish trend. He believes that Asia will play a crucial role in driving the market, extending beyond the excitement surrounding the approval of exchange-traded funds (ETFs) in the United States. A Retest of the $50,000 Bitcoin…

In the realm of digital assets, Cardano (ADA), a prominent cryptocurrency, exhibits an intriguing pattern, drawing attention from Ali, a notable figure in the blockchain industry. ADA’s current price movement closely mirrors its trend from 2018 to 2020, indicating a noteworthy development. As of now, Cardano’s value stands at $0.5327, reflecting an 8.66% increase in…