The U.S. Securities and Exchange Commission (SEC) has recently opened up for public comments on two proposals related to options trading on Bitcoin exchange-traded funds (ETFs). These proposals could potentially pave the way for Nasdaq and Cboe Exchange Inc. to list and trade options on various Bitcoin ETFs, opening up new investment strategies and opportunities
XRP, the cryptocurrency closely associated with Ripple, finds itself at a critical juncture, according to prominent crypto analyst CoinsKid. The analyst is raising concerns about the altcoin’s immediate future and highlights the urgent need for bullish momentum to prevent a significant downturn. In a recent post, CoinsKid stressed that if the bulls fail to step
Tether, the issuer of the world’s largest stablecoin USDT, has recently made a significant move in the crypto space by acquiring a staggering 8,888 BTC. This bold investment demonstrates Tether’s commitment to diversify and strengthen its portfolio, as well as its confidence in the future trajectory of Bitcoin. With this recent purchase, Tether now holds
Today’s court hearing between Binance and the SEC, which was eagerly anticipated, has been postponed due to unforeseen circumstances. The courthouse has been closed for in-person proceedings because of inclement weather. As a result, the motions hearing has been rescheduled to Monday, January 22, 2024, at 10:00 a.m. This unexpected delay has further intensified the
The XRP community is reeling from a recent transaction made by an XRP whale, which poses a potential threat to the token’s price recovery. This particular address, known for holding millions of dollars worth of XRP, moved all its holdings, creating fear among XRP enthusiasts and sparking concerns of a downward turn in the token’s
The use of cryptocurrency in illicit activities has been a growing concern, as revealed by recent research from Chainalysis. In 2023, an estimated $24.2 billion worth of cryptocurrency was sent to illicit wallet addresses. These addresses were associated with various illegal activities, including sanctions evasion, terrorist financing, and scams. However, it is important to note
Bitcoin Spot Exchange-Traded Funds (ETFs) have recently obtained approval, triggering excitement within the cryptocurrency industry. However, amidst this celebratory atmosphere, a different event has caught the attention of the community. Bitcoin miners, the backbone of the cryptocurrency network, have been engaging in an aggressive selling spree, causing concerns about the implications of this sell-off. Cryptocurrency