Gemini, a prominent cryptocurrency exchange, has stated that the approval of a spot Bitcoin exchange-traded fund (ETF) in the United States could be a game-changer for the crypto futures market. According to Gemini, the arrival of these ETFs would bring a wealth of benefits, including increased liquidity and a more diverse market participation. These factors
XRP Whales are causing a stir in the XRP community as holders speculate on what could be the reason for their latest moves. These majestic sea creatures of the XRP ecosystem have recently embarked on significant transactions that have caught the attention of many. The ripple effect of these actions is stirring up discussions and
In a shocking turn of events, a South Korean man has been apprehended by the police in the Philippines for allegedly embezzling $3.5 million from a nursing care fund. What makes this case even more intriguing is that the stolen money was reportedly spent on cryptocurrency. With the suspect’s identity undisclosed for legal reasons, investigators
Lucky Block Casino has recently released an updated whitepaper that introduces new utility features for its newly integrated $LBLOCK V2 token, which operates on the Ethereum blockchain. This token has already started trading with fresh liquidity on the Uniswap decentralized exchange and has seen a price surge of 23% within the first hour, currently priced
In a surprising turn of events, cryptocurrency company Ripple Labs has announced that it will repurchase shares worth $285 million from early investors and staff. This move is part of Ripple’s ongoing commitment to provide liquidity for its investors and comes amidst regulatory uncertainties surrounding an ongoing legal battle with the Securities and Exchange Commission
In an unprecedented move, the U.S. Securities and Exchange Commission (SEC) has approved Grayscale’s spot Bitcoin ETF proposal. This groundbreaking decision is set to revolutionize the future of crypto and has massive implications for GBTC investors. Grayscale CEO Michael Sonnenshein hailed the approval as a “monumental step forward” that recognizes the transformative potential of cryptocurrencies.
The cryptocurrency community is buzzing once again as Ethereum-based memecoin Shiba Inu (SHIB) sees a massive whale accumulation. This accumulation has left many speculating about the reasons behind it. Recent data from crypto analytics firm Lookonchain reveals that new buyers are stacking Shiba Inu on Binance and Gate.io, raising eyebrows among investors. According to Lookonchain,
In a significant development for the cryptocurrency industry, BitGo has received in-principle approval from the Monetary Authority of Singapore (MAS) to operate as a Major Payment Institution (MPI). This approval places BitGo at the forefront of regulated digital payment token service providers in Asia, allowing the company to offer a comprehensive range of services to
Recently, popular cryptocurrency exchange Binance confirmed that its application, along with several other foreign-based exchange applications, has been removed from Apple’s App Store in India. Binance South Asia acknowledged the situation, stating that it is not unique to Binance and that the company remains committed to complying with local regulations and maintaining a dialogue with
BitPay, the world’s leading Bitcoin and cryptocurrency payment service, has announced a significant update to its payment experience for crypto customers. The company will now support dozens of new cryptocurrencies, allowing customers to make payments with a wider range of community-driven assets. BitPay’s latest update will offer support for popular cryptocurrencies such as Uniswap (UNI),