#Bitcoin

SEC Delays Ethereum ETF Decision

The Securities and Exchange Commission (SEC) has once again deferred its decision on a highly anticipated spot Ethereum ETF proposed by the investment behemoth BlackRock, marking the second such delay. Originally filed in November, the application for the iShares Ethereum Trust sought to provide investors with direct exposure to Ethereum through a regulated framework. However, […]

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Surge in Bitcoin ETF Investments

Investor enthusiasm for digital assets, especially Bitcoin, has shown remarkable resilience. In the past week alone, a staggering $1.84 billion was funnelled into cryptocurrency investment products. This considerable sum underscores the allure of Bitcoin, often referred to as “digital gold,” which accounted for $1.73 billion of the total investment. This period marks the second-largest week

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Bitcoin NFTs Take Off: NodeMonkes Fetch $1 Million in Record Sale

Just as Bitcoin itself rallies towards its all-time high, the market for Bitcoin Ordinals, the network’s answer to NFTs, is exploding. The NodeMonkes collection is leading the charge, with record-breaking sales culminating in a historic $1 million NFT. Data from CryptoSlam reveals that NodeMonkes has dethroned all other individual Ordinals and NFT projects over the

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Bitcoin Breaks $65K: Onchain Data Insights

As Bitcoin surges past $65,000 for the first time since 2021, the cryptocurrency landscape is abuzz with anticipation and scrutiny. Onchain data, a treasure trove of insights into the workings of the digital asset market, offers a nuanced perspective on Bitcoin’s latest rally. Amidst this resurgence, a detailed analysis reveals the underlying dynamics at play,

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SEC’s Legal Battles Hinder Crypto Innovation, Argues Commissioner Peirce

Hester Peirce, the U.S. Securities and Exchange Commission (SEC) commissioner known for her pro-crypto stance, launched a pointed critique of the agency’s current approach to regulating digital assets during her keynote address at ETHDenver. In a speech that resonated with the crypto-focused audience, Peirce condemned the SEC’s “enforcement-only mode,” arguing that it stifles innovation and

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El Salvador’s Bitcoin Gamble Pays Off: A Defiant Victory Against Critics

El Salvador President Nayib Bukele has taken to Twitter to silence critics of his country’s embrace of Bitcoin (BTC). With a defiant tone, Bukele highlighted that El Salvador would have profited by 40% had it decided to sell its Bitcoin holdings today. This statement underscores the nation’s successful gamble on cryptocurrency, despite widespread skepticism. Bitcoin’s

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Newborn Bulls: Bitcoin ETFs Grab $17Bn, But Grayscale Leads the Pack

The Bitcoin landscape has witnessed a dynamic shift, with the arrival of nine newly approved spot ETFs in the U.S.  These newcomers have collectively amassed an impressive 300,000 BTC, translating to over $17 billion in value, according to K33 Research. This signifies a surge in institutional appetite for the leading cryptocurrency. The ease these ETFs

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