Sun, November 17

Raiser Launches Fair Community Offering (FCO) for Playbux

In an effort to democratize the process of investing in cryptocurrency projects, Crypto Launchpad & Accelerator Raiser has announced the launch of a new fundraising model known as a Fair Community Offering (FCO). By meritocratically rewarding committed, involved community members and early supporters during a project’s pre-exchange listing stage, the novel

January 2, 2024 3 mins read

Bitcoin Kicks Off 2024 with Optimism, Surges Above $45K

Prominent Bitcoin supporter Michael Saylor has declared 2024 “The Year of Bitcoin,” a reflection of the industry’s lofty ambitions. On December 27, 2023, MicroStrategy, headed by Michael Saylor, made a daring move by acquiring 14,620 BTC, which is worth almost $615 million. A total of 189,150 BTC is now in

January 2, 2024 2 mins read

Mark Cuban Slams SEC and Calls for Improved Crypto Regulation

The owner of the Dallas Mavericks NBA franchise and Shark Tank star Mark Cuban took to social media on Thursday to criticize the U.S SEC. According to Cuban, when questioned about the suitability of current securities rules to regulate cryptocurrencies, all one has to know is that Howey was insufficient,

December 31, 2023 2 mins read

SEC Reportedly to Meet Spot Bitcoin ETF Applicants Next Week

It was reported by Reuters based on sources that the SEC may contact the spot Bitcoin ETF applicants next week. It suggests that a decision about their launch approval may be made as soon as Tuesday. The acceptance of spot Bitcoin ETF is a major step forward for the cryptocurrency

December 31, 2023 2 mins read

Spot Bitcoin ETF Contenders Submit Final S-1 Applications to U.S SEC

Final versions of the S-1 applications were submitted on December 29th by the contenders in the race for a spot Bitcoin ETF. Bitwise, Invesco Galaxy, WisdomTree, and Fidelity engaged with the U.S SEC, following BlackRock, Van Eck, and Valkyrie, as the day progressed. Among the new filings, Fidelity, WisdomTree, and

December 30, 2023 2 mins read

Indonesia Closes 10 Bitcoin Mining Operations Over $1M Power Theft

Ten Bitcoin mining operations allegedly have been shut down by Indonesian police, who have accused the organizers of stealing roughly $1 million USD worth of power. The North Sumatra Police Force reportedly raided a ten-location Bitcoin mining enterprise, seizing 1,134 mining machines, 11 meters of electrical cable, and a variety

December 30, 2023 1 min read

Goldman Sachs Foresees Major Boost Post Spot Bitcoin ETF Approval

Mathew McDermott, head of digital assets at Goldman Sachs, has highlighted the possible effects on the crypto market of approving spot Bitcoin and ether ETFs. According to McDermott, this change has the potential to greatly increase institutional support for digital currencies. He claims that the market’s liquidity will be improved

December 30, 2023 2 mins read

Bitcoin Miners’ Reserves Hit Record Low Amid Selling Surge

Data from CryptoQuant reveals that miners’ bitcoin reserves hit a new low which was last seen in May after a wave of withdrawals this week, suggesting increasing selling pressure as Bitcoin achieves a gain of over 13% in December. Miner reserves are the total amount of coins kept in the

December 30, 2023 1 min read

AI-Driven Deepfake Crypto Scam Targets Singapore Prime Minister

Prime Minister Lee Hsien Loong of Singapore has issued a public warning against a new kind of cyber fraud that employs deepfake technology. Recent Facebook posts of his have drawn attention to the proliferation of videos purporting to show him encouraging crypto frauds, which he claims are the product of

December 29, 2023 2 mins read