Crypto News
“Unlocking the Potential: Grayscale’s Bold Move to Launch a Bitcoin ETF”
A New Era in Cryptocurrency Investments: Grayscale’s Bitcoin Adapters ETF Introduction American crypto asset manager Grayscale Investments has recently announced its plans to launch a new Bitcoin Adapters ETF product in the United States. This move marks a significant development in the world of cryptocurrency investments, as it provides investors with a new way to…
“Revolutionizing Bitcoin Investments: BlackRock’s ETF Rule Change Allows for In-Kind Redemptions”
Nasdaq’s Amended Rule Proposal for iShares Bitcoin ETF Introduction In a recent regulatory filing on Jan. 24, Nasdaq has submitted an amended rule proposal to introduce in-kind redemptions for BlackRock’s iShares Bitcoin ETF (IBIT). This adjustment would allow the ETF to directly transfer Bitcoin (BTC) to investors during redemptions, avoiding the need to convert holdings…
“Unlocking the Power of Bitcoin: How Dominance Impacts Altcoins in a Bear Market”
Bitcoin Dominance Surges as Altcoins Struggle The Current State of the Cryptocurrency Market As Bitcoin continues to strengthen its market dominance, the world of altcoins is facing some tough challenges. The Altcoin Season Index has been showing sharp declines, indicating a shift in investor sentiment towards the king of cryptocurrencies. Bitcoin’s Rise to the Top…
“Unleashing the Power of Bitcoin: The Ultimate Catalyst for Price Surge – NewsBTC Reveals All!”
The Impact of SEC Rescinding SAB No. 121 on Crypto Custody An Overview of SEC’s Recent Announcement The US Securities and Exchange Commission (SEC) announced on Thursday, January 23, the rescission of Staff Accounting Bulletin (SAB) No. 121, a directive that had imposed stringent accounting requirements on crypto custody for US banks and financial institutions….
“Thorchain in Trouble: Withdrawals Halted Due to Insolvency”
THORChain: The OG DeFi Chain Founded in 2018, THORChain has quickly risen to fame within the decentralized finance (DeFi) space. This OG chain has made a name for itself with its innovative cross-chain swaps, known as THORSwap. But THORChain is not just about swapping tokens – it has since expanded its offerings to include lending…
“Bank of America CEO Hints at BTC and XRP Adoption as Trump Takes Office: A Promising Future for Cryptocurrency”
Expanding Crypto Business in the Age of Trump The Trump Administration and Global Banking Giants As the new Trump administration takes the reins in Washington, global banking giants have expressed optimism about expanding their crypto businesses. The shift in leadership has brought about a sense of excitement and opportunity for those looking to delve deeper…
Solana Price Surges 10% in 24 Hours: The Next Big Altcoin to Watch
Solana’s Demand Surges The Trump Effect Solana’s demand has surged even more than it already is when Donald Trump launched on the chain and rumors of plans to open a SOL-based strategic reserve started circling around. Already up by 10% already, the word on the crypto space is that it can potentially climb higher. The…
“Bitcoin Holds Steady Above $10.5K as Retail Activity Slows: A Look at the Current Crypto Market”
Impact of Declining Blockchain Activity on Retail Transactions The Current State of Blockchain Activity Recent data has shown a significant decrease of 19.34% in blockchain activity for retail transactions. This comes at a time when Bitcoin’s price remains above $100,000 and is nearing its all-time high. Despite this, interest in cryptocurrencies has continued to grow…