Bitcoin

Copper Technologies Ltd. withdraws its application to register in the UK

December 23, 2024 1 min read

Copper Technologies Ltd., a well-known crypto custody company in the UK, has chosen to drop its plans to register with the Financial Conduct Authority (FCA). The company, led by former UK Chancellor Philip Hammond, is making a strategic change to grow its international operations with new CEO Amar Kuchinad at the helm, as reported by Bloomberg. Copper started in 2018 and quickly became one of the biggest crypto companies in

A US federal judge allows Coinbase to delist WBTC

December 22, 2024 1 min read

A California federal judge has ruled in favor of crypto exchange Coinbase, permitting it to proceed with the delisting of Wrapped Bitcoin (WBTC). Judge Araceli Martínez-Olguín of the US District Court for the Northern District of California made the decision after a legal challenge from BiT Global, a digital asset custodian partly owned by Tron founder Justin Sun. The conflict started in November 2024 when Coinbase said it would remove

The SEC approves the first-ever Bitcoin and Ethereum ETFs

December 22, 2024 1 min read

The U.S. Securities and Exchange Commission (SEC) has approved the first dual Bitcoin and Ethereum Exchange-Traded Funds (ETFs) from Hashdex and Franklin Templeton. This approval is an important step for institutional investors, giving them simpler access to the top two cryptocurrencies with spot-based investment options. The Franklin Templeton Crypto Index ETF and the Hashdex Nasdaq Crypto Index US ETF have both been approved by regulators. Franklin Templeton’s application was processed

Oversubscribed DAO Maker Round Sets Stage for Nexade’s Gate.io Debut and Token Launch

December 21, 2024 2 mins read

NEXADE, a pioneering protocol bringing real-world assets (RWAs) to decentralized finance (DeFi), is thrilled to announce its official listing on Gate.io, a globally renowned Tier 1 exchange. The listing is scheduled for 22nd December at 10:00 AM UTC, marking a significant milestone in the platform’s journey. This announcement follows the success of NEXADE’s Initial DEX Offering (IDO) on DAO Maker, with an oversubscribed round that demonstrated strong demand from the community. The

Over $2.6 billion in Bitcoin and Ethereum options set to expire

December 21, 2024 1 min read

Today is an important day in the cryptocurrency market, as $2.62 billion in Bitcoin and Ethereum options contracts are about to expire. This situation is expected to cause short-term price changes for both crypto, which have recently gone down. Bitcoin is at the top with $2.02 billion in contracts, and Ethereum is next with $598.99 million. Today, more than 20,700 Bitcoin contracts are expiring, a bit lower than last week.

MicroStrategy may halt Bitcoin purchases in January due to rumored blackout restrictions

December 20, 2024 1 min read

There are increasing thoughts that MicroStrategy might stop buying Bitcoin (BTC) in January because of a possible blackout period linked to issuing shares or convertible debt. Blackout periods are usually set by publicly traded companies to follow rules and keep ethical practices. Reports say that Executive Chairman Michael Saylor might have limits that could make it hard for him to issue convertible debt for Bitcoin purchases right now. Investors are

Arthur Hayes urges Donald Trump to devalue gold and create a Bitcoin reserve

December 20, 2024 1 min read

Arthur Hayes, CEO of BitMEX, has suggested that the United States should lower the value of gold and create a Bitcoin reserve to boost economic growth. Hayes suggests that this strategy might help the U.S. Treasury quickly create dollar credits, which could be used to buy Bitcoin (BTC). He thinks that this action would help the economy and strengthen the U.S.’s position as a global financial leader. The Treasury currently

Smart Investors Fuel BTFD Coin’s Presale While Baby Doge Coin Soars and Pepe Coin Smashes $11B Cap: Best Meme Coins to Invest in December 2024

December 20, 2024 6 mins read

What if your next big investment could be a meme coin poised for greatness? Meme coins are shaking up the markets this December, proving they’re more than just a passing trend. With Baby Doge Coin catching fire thanks to an Elon Musk shoutout, and Pepe Coin skyrocketing past an $11 billion market cap, the spotlight on meme tokens has never been brighter. But the real star on the rise? BTFD

Crypto.com CEO Kris Marszalek meets Donald Trump to discuss pro-crypto policies

December 19, 2024 1 min read

Kris Marszalek, the CEO of Crypto.com, recently talked with former President Donald Trump at his Mar-a-Lago resort about ways to support pro-cryptocurrency policies. The meeting highlighted the need to choose crypto-friendly people for important government roles and to change the current rules for the cryptocurrency industry. Crypto.com has dropped its lawsuit against the SEC, which it filed after receiving a Wells notice about possible enforcement action. This decision, made on

Bitwise targets Europe with its new Solana staking ETP

December 19, 2024 1 min read

Bitwise has launched a Solana staking ETP called BSOL in the European Union, as the firm adjusts to regulatory challenges in the United States. BSOL is being introduced while efforts to create a Solana ETF in the US have stalled, as securities laws prevent these products from providing staking rewards. BSOL seeks to draw European investors with annual staking rewards of up to 8%, making it an attractive option compared

Bitcoin drops below $100K, altcoins bleed on Federal Reserve’s cut rate

December 19, 2024 1 min read

The U.S. Federal Reserve has implemented a 25 basis point reduction in its benchmark fed funds rate, bringing it to a range of 4.25%-4.50%. This marks the third consecutive rate cut this year, totaling a 100 basis point decrease since September. While market analysts anticipated this move, recent economic data indicated robust growth and rising inflation, prompting attention to the Fed’s policy statement and Chairman Jerome Powell’s press conference for

Ohio state’s lawmaker announces plans to initiate a Bitcoin Reserve

December 18, 2024 1 min read

With the holiday season coming, the cryptocurrency community is preparing for fun events, like giveaways and talks about what crypto will look like in 2025. Ohio state representative Derek Merrin has introduced HB 703, a bill to create a Bitcoin Reserve for the state. This proposed law, called the “Ohio Bitcoin Reserve Act,” aims to let the state invest in Bitcoin, helping Ohio improve its financial situation. Merrin’s bill would