Altcoin projects focused on privacy caught a bid today as the bullish sentiment building over a possible Bitcoin ETF approval spreads across the market. Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying… More
“Steam’s point of view is that items have value and they don’t allow items that can have real-world value on their platform,” claimed one game developer. Video game corporation Valve has informed users no content related to cryptocurrencies or nonfungible tokens will be allowed through its Steam marketplace.As reported by game developer SpacePirate on Oct.… More
Bloomberg analyst James Seyffart reported that the crypto futures ETF would be listed with the ticker symbol BITO, possibly as early as Oct. 18. The United States Securities and Exchange Commission has accepted the registration request for ProShares’ Bitcoin Strategy ETF, with the shares to be listed on the New York Stock Exchange’s Arca.According to… More
Everyone is cheering for the BTC ETF, but options markets data shows that the implied probability for Bitcoin trading above $70,000 on Oct. 29 is just 25%. The United States Securities and Exchange Commission, or SEC, is expected to rule on Oct. 18 whether to approve an application from asset manager ProShare Capital Management for… More
According to the exchange, it plans to retain 16 cards from the blockchain-based game Spells of Genesis to sell before 2022 and give the remaining 16 to its DAO. Non-custodial cryptocurrency exchange ShapeShift has burned hundreds of themed collectible “cards” from the blockchain-based mobile game Spells of Genesis. The team said that the remaining cards… More
Bitcoin’s price spiked above $61,800 as the promise of a BTC ETF approval reignited the discussion on whether the top-ranked cryptocurrency will hit $100,000 by the end of the year. Optimism is bordering euphoria in the cryptocurrency market after a trove of documents pointed toward the eventual approval of Valkyrie’s Bitcoin (BTC) exchange-traded fund, or… More
In a bid to catch up with cybercriminals, the Justice Department is pooling all crypto expertise in one place. On Oct. 6, the United States Department of Justice, or DOJ, announced the creation of a specialized unit, the National Cryptocurrency Enforcement Team, or NCET, tasked with prosecuting criminal misuses of digital assets and crypto infrastructure,… More
The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space. Mohan Bhagwat, the head of the Rashtriya Swayamsevak Sangh, or RSS — a right-wing Hindu nationalist society — has urged India’s government to pursue crypto regulations “in the larger… More
The settlement triggered concerns that the CFTC’s role in stablecoin regulation could be misunderstood by the public. On Oct. 15, the Commodity Futures Trading Commission, or CFTC, handed sister crypto companies Tether and Bitfinex fines totaling $41 million and $1.5 million, respectively, citing violations of the Commodity Exchange Act, or CEA, and of a prior CFTC… More
SOL has been forming a bull pennant following its 14,200% year-to-date price rally. Solana (SOL) price technicals suggest SOL can hit $275 in the coming sessions.The upside outlook for the world’s sixth-largest cryptocurrency by market capitalization comes as it consolidates inside a range that appears like a bull pennant. In detail, Bull Pennants are bullish… More
Nasdaq’s vice president of listing qualifications, Eun Ah Choi, said shares of Valkyrie’s Bitcoin ETF had been certified for listing on the exchange. The United States Securities and Exchange Commission, or SEC, may soon approve an application from crypto-asset manager Valkyrie for a Bitcoin (BTC) exchange-traded fund, or ETF, with the shares to be listed… More
Innovative oil and gas companies are leveraging blockchain, but the industry as a whole may be slow to adopt the technology. The age of digital transformation has arrived, leading traditional industries to adopt new technologies to accommodate a fully digital future. As such, it shouldn’t come as a surprise that the trillion dollar oil and… More
Resistance is thinner than ever, while data leaves the market guessing about what will happen when Bitcoin revisits $64,500 all-time highs. Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said.Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that Bitcoin had already beaten all major… More
Despite anti-crypto regulatory policies, the cryptocurrency market made steady gains throughout Q3 2021. Cryptocurrency data aggregator CoinGecko has released its Q3 2021 report showing massive gains across several crypto market sectors.Following the May market crash, Q3 began on a low ebb for the crypto space, with market capitalization dipping even further in late July below… More
Bitcoin should be there to allow people to save in the event the government fails, Senator Cynthia Lummis said. Amid the United States President Joe Biden signing legislation to raise the government’s debt limit to $28.9 trillion, Senator Cynthia Lummis said that Bitcoin (BTC) is a blessing of God.Senator Lummis gave a speech to the… More
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