Fri, July 24

North Korean Lazarus Group Moves $1.2 Million Worth of Bitcoin

A holding wallet received almost $1.2 million worth of Bitcoin (BTC) from the infamous North Korean hacker unit Lazarus Group recently. Cybersecurity professionals and blockchain specialists are taking notice of this move since it is their biggest transaction in the previous 30 days. Arkham, a blockchain research organization, revealed that

January 8, 2024 1 min read

Spot Bitcoin ETF Applicants File Final Amended Form S-1

As anticipated, on Monday, January 8, many applicants for a spot Bitcoin exchange-traded fund (ETF) hurriedly submitted their final Form S-1 modifications to the U.S SEC. It is generally anticipated that the first spot Bitcoin ETFs would be authorized in the United States on January 10, and asset manager Valkyrie

January 8, 2024 1 min read

Spot Bitcoin ETF Applicants Lure Investors with Cost Slashes

Big names in finance, including BlackRock, Ark, Fidelity, Invesco, Galaxy Digital, WisdomTree, and Valkyrie, have taken a bold step toward launching the first Bitcoin exchange-traded fund (ETF) in the U.S as the deadline of January 10th draws near. The corporations in question recently submitted their final Form S-1 modifications to

January 8, 2024 2 mins read

Bitcoin Climbs Above $45K Level Amidst Potential Spot BTC ETF Approval

With Bitcoin’s price rising back above $45,000, crypto investors had every reason to be excited at the start of the new week. Early reports indicated that on January 5, BlackRock bought $10 million worth of Bitcoin. The investment firm had anticipated a volume of over $2 billion for its Spot

January 8, 2024 2 mins read

SEC Issues FOMO Warning Ahead of Potential Bitcoin ETF Approvals

The SEC has once again issued a warning on the fear of missing out (FOMO) while investing in cryptocurrency, and this comes days before the expected approval of spot Bitcoin ETFs. Digital assets, such as meme stocks, cryptocurrencies, and NFTs, pose dangers to ordinary investors, according to a Jan. 6

January 8, 2024 2 mins read

Japanese E-commerce Giant Mercari Embraces Bitcoin Payments

Japan is a crypto-friendly nation, and businesses there are now trying to figure out how to increase Bitcoin utilization. According to Mercari, one of the biggest e-commerce platforms in Japan, users will be able to buy using Bitcoin beginning in June this year. The business’s cryptocurrency subsidiary, Melcoin, located in

January 8, 2024 2 mins read

Grayscale Updates Crypto Fund Allocations, Drops Polygon (MATIC)

Avalanche (AVAX) and XRP were added to three of Grayscale’s cryptocurrency funds, while tokens like Polygon (MATIC) were removed, as announced on January 5th. Funds like the Digital Large Cap (GDLC), Smart Contract Platform Ex-Ethereum (GSCPxE), and DeFi are affected by the new allocations, which are a component of Grayscale’s

January 7, 2024 1 min read

VanEck Advisor Pushes Bitcoin ETFs as Solution to Unit Bias Psychology

Unit bias psychology promotes holding entire units, which might make prospective investors wary of purchasing fractional Bitcoins, says Gabor Gurbacs, an advisor at VanEck. One such answer he proposes is the use of Bitcoin exchange-traded funds (ETFs). Gurbacs said in a series of tweets on Twitter that a lot of

January 7, 2024 1 min read

BlackRock Reportedly Plans 3% Workforce Cut Amidst ETF Pursuit

According to reports, investment banking behemoth BlackRock Inc. is planning to slash 3% of its employees in a massive reorganization similar to the mid-year layoffs that occurred in 2023. Charles Gasparino, a senior correspondent for Fox Business Network, claims that in three days the financial behemoth will announce the layoffs,

January 7, 2024 1 min read

Arthur Hayes Warns of Possible 40% Bitcoin Price Drop in March

According to Arthur Hayes, the price of Bitcoin might fall by as much as 40% in March. A week of market chaos is on the horizon, according to a recent post by the ex-CEO of crypto exchange BitMEX. As the first spot Bitcoin ETFs in the U.S are expected to

January 6, 2024 1 min read