Day: September 21, 2024

SEC OKs options trading for BlackRock iShares Bitcoin Trust

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The U.S. Securities and Exchange Commission granted approval for Nasdaq to list and trade options on BlackRock’s iShares Bitcoin Trust. Per the details shared in the official filing on Sept. 20, the SEC’s approval comes after a lengthy review process that started on Jan. 9, 2024. That was when Nasdaq initially filed the proposal to trade options on exchange-traded products. Nasdaq consistently followed up on its proposal with multiple amendments, which began on Jan 11. Over the following months, the exchange submitted additional amendments and information regarding IBIT and other…

Bitcoin Indicator Signals ‘Shift To Bullish Territory’ – Can BTC Break Past $65,000?

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Este artículo también está disponible en español. Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This move pushed BTC past the critical $62,000 mark, a psychological level that has become a turning point for investor sentiment. With Bitcoin now testing local supply, market participants are closely watching for further upside potential. Related Reading As the price continues to push higher, analysts are pointing to crucial data indicating a potential shift in Bitcoin’s trend after months of downtrend…

Dogecoin and Shiba Inu investors focus on Dogen for its 100x growth potential

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Dogen is capturing attention for its growth potential, exciting Dogecoin and Shiba Inu enthusiasts alike. In the dynamic world of cryptocurrency, attention is shifting towards Dogen, promising remarkable growth. Enthusiasts of Dogecoin (DOGE) and Shiba Inu (SHIB) are taking notice, intrigued by its potential to skyrocket.  Market speculators are buzzing with excitement as Dogen’s prospects for dramatic gains catch the spotlight. Explore what makes Dogen an enticing new player…

Crypto Whales Buy $228 Million In XRP Following $5 Price Prediction

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Este artículo también está disponible en español. XRP whales are bucking the trend with noticeable moves amidst a wider backdrop of uninspiring price movements for the cryptocurrency. A recent surge in XRP acquisitions has caught the crypto community’s attention, as large-scale investors acquired $228 million worth of the digital asset in a few days. Interestingly, this noticeable spike in buying comes on the heels of the launch of the Grayscale XRP Trust and an optimistic price prediction that sees XRP potentially hitting $5 in the next six to ten months.…

Loom Network, Ontology, Simon’s Cat lead as Bitcoin stalls

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Cryptocurrencies held steady on Saturday as the recent momentum among risky assets waned. Bitcoin (BTC) retreated to $63,000 from this week’s high of $64,000 while the total market cap of all coins remained at $2.2 trillion.  Other risk assets wavered, with the Dow Jones rising by 27 points and the S&P 500 and Nasdaq 100 indices falling by 0.25% and 0.29%, respectively. As we wrote on Friday, this price action was likely because of the triple-witching event, where options worth over $5.1 trillion expired.  Loom Network led gains as open…

Finding blockchain harmony to encourage TradFi participation

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Traditional finance has taken a U-turn from the industry’s initial dismissive reaction to Bitcoin (BTC)  and blockchain technology altogether. Earlier this year, we witnessed the SEC approve spot Ether and spot Bitcoin ETFs, including from leading asset manager BlackRock. Concurrently, State Street, a large global bank, plans to launch a stablecoin, and TradFi trading hub Robinhood has expanded its crypto operations.  While rigidly centralized institutions playing an…

Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam

The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning the exploitation of crypto users. XRP Scam Promoted on Supreme Court of India’s Youtube Channel […] Source CryptoX Portal

Solana (SOL) Eyes Major Breakout After Holding $120 Support Level – Details

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Popular crypto analyst Peter Brandt has unveiled a bullish outlook for Solana predicting the prominent altcoin may be set for a significant price surge in future weeks. This price forecast comes in a glaring contrast to Brandt’s recent prediction where the analyst had expressed fears over Solana suffering a major price fall. How High Can Solana Go? Earlier this week, NewsBTC reported Brandt’s prediction of SOL slipping to $80 if the altcoin failed to defend a support level around $120. Notably, SOL had presented a down price movement for the…

Computer Scientist: China’s Crypto Crackdown Spurred Decentralization of Asia’s Web3 Infrastructure

Sangmin Seo, chairman of the Kaia DLT Foundation, asserts that China’s crackdown on the crypto industry, which led to its loss of dominance in bitcoin mining, has resulted in the decentralization of Asia’s crypto infrastructure. He adds that the rapid development of the Asian market outside of China has further solidified the region’s position as […] Source CryptoX Portal