The SEC has not decided on multiple pending spot Bitcoin ETF applications, with many in the space split on how the commission will handle the investment vehicle.
A line about approval by Q2 2024 didn’t calm fears. The suggestion that none of the ETF applications will be approved in January panicked the market.
The crypto market sell-off on Wednesday coincided with the release of a skeptical report by Matrixport analysts on the approval of a Bitcoin spot ETF.
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.
The Global Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.
The unpaid taxes and penalty pertain to the issuance of Wemix tokens from 2019 to 2022.
Circle's USDC stablecoin spiked down to as low as $0.74 on three occasions today following a marketwide sell-off spurred by a report casting doubt over whether a spot bitcoin ETF will be approved this month.
When viewed year-to-year, cryptocurrency investment products experienced more inflows in 2023, with BTC having over $1.9 billion, representing 86% of the total.
MixMob's Racer 1 lets players gamble on races or earn crypto for wins. An airdrop is coming, along with benefits for Solana Saga owners.
ENS, the governance token of the Ethereum Name Service project, surged after Ethereum cofounder Buterin posted on X that the service is "super important."
BlackRock is reportedly planning to acquire $10 million worth of BTC as initial funding for its potential spot Bitcoin ETF, still currently under review for approval from the SEC.
A report claiming that the SEC "will reject" the spot Bitcoin ETF is not what is behind the BTC price crash below $42,000, one lawyer says.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 3, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A potential Bitcoin bull market awaits in 2024 after the previous year brought both joy and fear to crypto, teaching the valuable lesson, ‘To understand the present, you must understand the past.'
Azuki’s Researcher in Residence Waleswoosh believes this is legal under certain circumstances.
Bitcoin has plummeted to as low as $40,700 from the intraday high of $45,600, according to data from CoinMarketCap.
"SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs," Matrixport said.
Bitcoin slid 8% from a 20-month high on Wednesday as jitters around the anticipated approval of a spot BTC ETF began to enter the market.
The price of Bitcoin plunged by over 7% in the past 24 hours, erasing the past week's gains in a matter of minutes.
Goldbug Peter Schiff warned that spot Bitcoin ETF approval could collapse the BTC market, while Matrixpoint says SEC greenlight unlikely before Q2, despite general optimism.
MicroStrategy co-founder Michael Saylor plans to "acquire additional Bitcoin" for his personal holdings with some of the proceeds of the sale.
BRC-20 marketplace UniSat said it would follow a proposed fork in the network's token standard, which was met with opposition from Domo, the pseudonymous creator of BRC-20.
Bitcoin is creating millionaires thick and fast, while those with a whole bitcoin are also past the one million mark.
Transaction volumes on the network overtook those for Solana-based applications, which boomed after a meme coin-led frenzy in December.
A situation where a spot Bitcoin ETF issuer fakes the underlying BTC volumes is hypothetically possible in case an issuer violates the rules, Samson Mow said.
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Fifteen years after the first block of Bitcoin was mined, the original cryptocurrency has battled critics, haters and agitators, and emerged victorious - and is now ranked as one of the top ten most valuable assets in the world.
The European Banking Authority (EBA) will take additional steps to anticipate how strains in non-bank financial institutions (NBFIs), including cryptocurrency-related entities, will affect banks.
Etherscan said its Solscan acquisition was a “collaborative merging” to help the firm expand its blockchain data services across multiple networks.
CBOE Digital president John Palmer is confident that a new wave of institutional investment will follow spot Bitcoin ETF approvals