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DeFi
10 Dec 2023

Fidelity And SEC Gather To Discuss Spot BTC ETF Requests

Fidelity Investments has started talking with the United States Securities and Exchange Commission (SEC) about its spot Bitcoin exchange-traded fund (ETF) application. The meeting comes after Fidelity recently listed its spot Bitcoin ETF with the Depository Trust and Clearing Cor

Elena Marsh3 min
DeFi
8 Dec 2023

SEC Shifts Deadline To Final Decision On Grayscale ETF Application

The deadline for the Securities and Exchange Commission’s (SEC) decision on Grayscale Investments’ application for a Bitcoin Spot ETF has been extended by 45 days. Tension in the market is rising as the decision, first expected on December 5, is now scheduled to be revealed withi

Priya Nandan3 min
DeFi
8 Dec 2023

Jito Airdrop Approves Tokens Worth $225 Million To Solana Users

Latest update has it that Jito, a decentralized finance (DeFi) platform, has made history by launching a massive airdrop on the Solana blockchain. Eligible users will receive tokens worth $225 million. The large airdrop of 90 million tokens has generated a lot of excitement and i

Tomas Reiner2 min
DeFi
6 Dec 2023

Bitcoin defies ECB’s “last gasp” call, soaring 170% since $16.4K

Bitcoin’s (BTC) value has experienced a remarkable surge of nearly 170% since the European Central Bank (ECB) raised concerns about its impending “irrelevance” when it was priced at $16,400. The substantial rise in BTC price has contradicted economists’ predictions, leading to a

Elena Marsh2 min
DeFi
5 Dec 2023

Bitcoin Whale Propels BTC to 19-Month High in Orchestrated Push

In a notable development on December 5, the price of Bitcoin (BTC) reached a new 19-month high, surpassing the $42,000 mark. However, this surge in price has prompted speculation and concerns regarding potential market manipulation. This analysis delves into the dynamics of Bitco

Elena Marsh3 min
DeFi
4 Dec 2023

Grayscale Commence GBTC Agreement, Expects The BTC ETF Conversion

Grayscale has started a thorough revision of the Grayscale Bitcoin Trust (GBTC) agreement, a calculated move that suggests the possible development of the cryptocurrency investment scene. The proposed overhaul by Grayscale is termed a good proactive step because of its effort to

Elena Marsh2 min
DeFi
26 Nov 2023

Zipmex Exchange Suspends Operations In Thailand As Regulatory Scrutiny Begins

Recent news from Thailand says that a popular cryptocurrency exchange Zipmex indicated that it would be suspending trading in Thailand, sending shockwaves through the cryptocurrency community. The company made this decision following a string of difficulties, such as postponed cl

Tomas Reiner3 min
DeFi
25 Nov 2023

Singapore Authorities Shocks Cryptocurrency Traders, Introduce Bold Rules

The Monetary Authority of Singapore (MAS) has introduced new regulations that caution Digital Payment Token (DPT) service providers against providing incentives for cryptocurrency trading. This is a bold move and a significant development for the cryptocurrency market. The sudden

Priya Nandan3 min
DeFi
19 Nov 2023

Cardano Founder Reaches Out To Ex-OpenAI CEO, Seeks Collaboration

Cardano founder Charles Hoskinson has invited Sam Altman, the recently fired CEO of OpenAI, to work with him on a ground-breaking project that involves decentralized Large Language Models (LLMs). The idea, which is presented in a humorous post on the X platform, suggests a possib

Elena Marsh2 min