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What are the latest news of cryptos this week?
The crypto world is abuzz with excitement and anticipation this week, as the potential approval of a spot Bitcoin ETF looms large.
Bitcoin ETF:
All eyes on the SEC:
The US Securities and Exchange Commission (SEC) is expected to make a decision on the first-ever spot Bitcoin ETF as early as this week. This could be a major milestone for the industry, potentially leading to increased institutional investment and driving up Bitcoin prices.
Grayscale files amended application: Grayscale Investments, the world's largest digital asset manager, has filed an amended S-1 registration statement for its proposed Bitcoin ETF. The new filing includes a 1.5% expense ratio, which is lower than the initial 2.5% proposal.
Gensler issues warning:
Despite the ETF buzz, SEC Chair Gary Gensler has reiterated his concerns about the crypto market's potential for fraud and manipulation. He urges investors to be cautious and do their research before investing.
Other news:
Bitcoin price fluctuates:
Bitcoin's price has been volatile this week, reaching a high of nearly $47,000 before dipping back down. Experts are divided on whether the ETF approval will trigger a significant rally or a sell-off.
Solana rebound:
Solana, the smart contract platform, has seen a recent price surge, possibly fueled by speculation about its potential for growth in the NFT and DeFi sectors.
Mysterious Bitcoin transaction:
A mysterious $1.2 million Bitcoin transaction to Satoshi Nakamoto's original wallet has sparked speculation about the identity of the creator of Bitcoin.
Resources:
* CoinDesk: [https://www.coindesk.com/](https://www.coindesk.com/)
* Cointelegraph: [https://cointelegraph.com/](https://cointelegraph.com/)
* FXStreet: [https://www.fxstreet.com/cryptocurrencies](https://www.fxstreet.com/cryptocurrencies)
* CNBC Crypto World: [https://www.cnbc.com/cryptoworld/](https://www.cnbc.com/cryptoworld/)
Thank you for passing by and reading.
Have a great day.
#BTC #sol #NewsofCrypto #CryptoNewsLand
The crypto world is abuzz with excitement and anticipation this week, as the potential approval of a spot Bitcoin ETF looms large.
Bitcoin ETF:
All eyes on the SEC:
The US Securities and Exchange Commission (SEC) is expected to make a decision on the first-ever spot Bitcoin ETF as early as this week. This could be a major milestone for the industry, potentially leading to increased institutional investment and driving up Bitcoin prices.
Grayscale files amended application: Grayscale Investments, the world's largest digital asset manager, has filed an amended S-1 registration statement for its proposed Bitcoin ETF. The new filing includes a 1.5% expense ratio, which is lower than the initial 2.5% proposal.
Gensler issues warning:
Despite the ETF buzz, SEC Chair Gary Gensler has reiterated his concerns about the crypto market's potential for fraud and manipulation. He urges investors to be cautious and do their research before investing.
Other news:
Bitcoin price fluctuates:
Bitcoin's price has been volatile this week, reaching a high of nearly $47,000 before dipping back down. Experts are divided on whether the ETF approval will trigger a significant rally or a sell-off.
Solana rebound:
Solana, the smart contract platform, has seen a recent price surge, possibly fueled by speculation about its potential for growth in the NFT and DeFi sectors.
Mysterious Bitcoin transaction:
A mysterious $1.2 million Bitcoin transaction to Satoshi Nakamoto's original wallet has sparked speculation about the identity of the creator of Bitcoin.
Resources:
* CoinDesk: [https://www.coindesk.com/](https://www.coindesk.com/)
* Cointelegraph: [https://cointelegraph.com/](https://cointelegraph.com/)
* FXStreet: [https://www.fxstreet.com/cryptocurrencies](https://www.fxstreet.com/cryptocurrencies)
* CNBC Crypto World: [https://www.cnbc.com/cryptoworld/](https://www.cnbc.com/cryptoworld/)
Thank you for passing by and reading.
Have a great day.
#BTC #sol #NewsofCrypto #CryptoNewsLand
API can save Indian Users.
As Google and Apple removed Crypto Exchanges from their Platforms because Indian FIU unit blocks its URL.
So for now users can create API for backup in case the Apps will be banned 🚫
To create the API and to use it give a follow for next post.#CryptoNewsLand
#baned #IndianRegulation #indiabanURL
As Google and Apple removed Crypto Exchanges from their Platforms because Indian FIU unit blocks its URL.
So for now users can create API for backup in case the Apps will be banned 🚫
To create the API and to use it give a follow for next post.#CryptoNewsLand
#baned #IndianRegulation #indiabanURL
"Preparing for Bitcoin ETF Approvals with Two Compelling Price Scenarios"
The anticipation of a spot Bitcoin ETF product has triggered a revival in BTC’s price, necessitating preparation for 2 crucial scenarios that may play out ahead of potential approvals.
Read more on: https://thecryptobasic.com/2024/01/09/spot-bitcoin-etf-two-btc-price-scenarios-to-prepare-for-ahead-of-etf-approvals/
#BitcoinETF💰💰💰 #BTCETFSPOT #BitcoinPrice2024 #CryptoPredictions2024 #CryptoNewsLand
Read more on: https://thecryptobasic.com/2024/01/09/spot-bitcoin-etf-two-btc-price-scenarios-to-prepare-for-ahead-of-etf-approvals/
#BitcoinETF💰💰💰 #BTCETFSPOT #BitcoinPrice2024 #CryptoPredictions2024 #CryptoNewsLand
"Dormant Bitcoin (BTC) Addresses Spring to Life, Propel $2 Billion On-Chain Activity"
A new horde of Bitcoin (BTC) whale addresses are back to life, transferring about $2 billion on-chain.
Read more on: https://thecryptobasic.com/2024/01/17/dormant-bitcoin-btc-addresses-wake-up-unusually-move-2b-on-chain/
#BitcoinMoves #BtcToMoon #BitcoinPrice2024 #cryptocurrecny #CryptoNewsLand
Read more on: https://thecryptobasic.com/2024/01/17/dormant-bitcoin-btc-addresses-wake-up-unusually-move-2b-on-chain/
#BitcoinMoves #BtcToMoon #BitcoinPrice2024 #cryptocurrecny #CryptoNewsLand
HOT OFF THE PRESS: BitWise's #Bitcoin #ETF filing hits the market with a record-low 0.24% fee, plus a full fee waiver for the initial 6 months! 🚀👀 #CryptoNewsLand #LowFeeAdvantage #CNL
Breaking Borders: Cryptocurrency and the Modern Bank Account.
Cryptocurrency is revolutionizing the modern bank account. Decentralized, digital, and secure, crypto assets offer unparalleled control over your financial future. With cryptocurrency, traditional banking limitations fade away. No more borders, no more intermediaries, no more fees. Just direct, peer-to-peer transactions. Your money, your rules.Here it comes: the decentralized finance of the future.Embrace the power of cryptocurrency and experience the modern bank account redefined. Say goodbye to branch visits and hello to financial freedom. The future is crypto, and it's time to join the revolution.#CryptoNewsLand
Inflation is increasing worldwide, reducing the buying power of traditional currencies. As a result, both investors and individuals are looking for other ways to protect their wealth. Cryptocurrencies, such as Bitcoin and Ethereum, have become popular choices.#ETHETFsApproved
The decentralized nature of cryptocurrencies, which is free from central bank manipulation, has attracted those looking for a hedge against inflation. The limited supply of most cryptocurrencies also appeals to those concerned about the decline in value of fiat currencies. Additionally, the transparency and security provided by blockchain technology have given confidence to cryptocurrency investors.#StartInvestingInCrypto
The move to cryptocurrencies has been further sped up by the ease of investment and the potential for high returns. Unlike traditional assets, cryptocurrencies can be easily bought and stored on mobile devices, making them accessible to a wide audience. The possibility of significant price appreciation has also attracted investors seeking to increase their wealth quickly.
As inflation continues to rise, the appeal of cryptocurrencies is likely to grow. While risks and volatility still exist, the decentralized and secure nature of cryptocurrencies has made them an attractive refuge for those seeking to protect themselves from the erosive effects of inflation. As the global economy continues to change, it's clear that cryptocurrencies have solidified their place in the modern investor's portfolio.#bitcoin
Why you must join the train
The increasing adoption of cryptocurrency in light of ongoing inflation is evidence of the growing appeal of decentralized and secure financial systems. Traditional currencies are struggling to maintain their value, while cryptocurrencies offer a promising alternative for those looking to safeguard and increase their wealth. Although the path ahead will undoubtedly be filled with challenges, one thing is clear: the future of finance has arrived, and cryptocurrency is at the forefront of this revolution. Embrace the change.#altcoins
Inflation is increasing worldwide, reducing the buying power of traditional currencies. As a result, both investors and individuals are looking for other ways to protect their wealth. Cryptocurrencies, such as Bitcoin and Ethereum, have become popular choices.#ETHETFsApproved
The decentralized nature of cryptocurrencies, which is free from central bank manipulation, has attracted those looking for a hedge against inflation. The limited supply of most cryptocurrencies also appeals to those concerned about the decline in value of fiat currencies. Additionally, the transparency and security provided by blockchain technology have given confidence to cryptocurrency investors.#StartInvestingInCrypto
The move to cryptocurrencies has been further sped up by the ease of investment and the potential for high returns. Unlike traditional assets, cryptocurrencies can be easily bought and stored on mobile devices, making them accessible to a wide audience. The possibility of significant price appreciation has also attracted investors seeking to increase their wealth quickly.
As inflation continues to rise, the appeal of cryptocurrencies is likely to grow. While risks and volatility still exist, the decentralized and secure nature of cryptocurrencies has made them an attractive refuge for those seeking to protect themselves from the erosive effects of inflation. As the global economy continues to change, it's clear that cryptocurrencies have solidified their place in the modern investor's portfolio.#bitcoin
Why you must join the train
The increasing adoption of cryptocurrency in light of ongoing inflation is evidence of the growing appeal of decentralized and secure financial systems. Traditional currencies are struggling to maintain their value, while cryptocurrencies offer a promising alternative for those looking to safeguard and increase their wealth. Although the path ahead will undoubtedly be filled with challenges, one thing is clear: the future of finance has arrived, and cryptocurrency is at the forefront of this revolution. Embrace the change.#altcoins
BREAKING‼️ Grayscale Investments updates its S-3 form for a possible spot Bitcoin ETF, setting the fee at 1.5%. Stay tuned! #CryptoNewsLand #BitcoinETF #CNL #Bitcoin 📈🔍💼
ARK Invest has bought its own spot Bitcoin exchange-traded fund (ETF) worth $15.9 million.
#ArkInvestment #BitcoinETF💰💰💰 #cryptoleads #CryptoNewsLand #CryptonewswithJack
#ArkInvestment #BitcoinETF💰💰💰 #cryptoleads #CryptoNewsLand #CryptonewswithJack
Compute Capacity Boost: Core Scientific Partners with Coreweave for 200MW Infrastructure.
#BitcoinNews On June 5, CNBC(Consumer News and Business Channel) a popular American business news and television channel reported that Core Scientif#ic will provide 200MW of infrastructure for Coreweave's high-performance computing services. But does this affect Bitcoin mining? #CryptoNewsLand
The partnership between Core Scientific and Coreweave to provide 200MW of infrastructure for high-performance computing (HPC) services has significant implications for Bitcoin mining.#CryptoNewss
This collaboration will enable Coreweave to expand its HPC capabilities, providing a robust and reliable infrastructure for large-scale computing applications, including cryptocurrency mining. The additional 200MW of power will support the operation of more mining rigs, increasing the overall hash rate and potentially leading to:#BinanceSquareFamily
🕹Faster transaction processing times
🕹Improved network security
🕹Increased miner competition
🕹Higher mining rewards
This upgrade will also attract more institutional miners, contributing to the growth and maturation of the Bitcoin mining industry. Moreover, the partnership demonstrates the industry's shift towards more efficient and sustainable mining practices, as Core Scientific's infrastructure is designed to provide reliable and cost-effective power solutions.#StartInvestingInCrypto
Overall, this development will strengthen the Bitcoin network, enhance the mining ecosystem, and pave the way for further innovation in the cryptocurrency space.
$BTC $BNB $ETH
The partnership between Core Scientific and Coreweave to provide 200MW of infrastructure for high-performance computing (HPC) services has significant implications for Bitcoin mining.#CryptoNewss
This collaboration will enable Coreweave to expand its HPC capabilities, providing a robust and reliable infrastructure for large-scale computing applications, including cryptocurrency mining. The additional 200MW of power will support the operation of more mining rigs, increasing the overall hash rate and potentially leading to:#BinanceSquareFamily
🕹Faster transaction processing times
🕹Improved network security
🕹Increased miner competition
🕹Higher mining rewards
This upgrade will also attract more institutional miners, contributing to the growth and maturation of the Bitcoin mining industry. Moreover, the partnership demonstrates the industry's shift towards more efficient and sustainable mining practices, as Core Scientific's infrastructure is designed to provide reliable and cost-effective power solutions.#StartInvestingInCrypto
Overall, this development will strengthen the Bitcoin network, enhance the mining ecosystem, and pave the way for further innovation in the cryptocurrency space.
$BTC $BNB $ETH
#ETH #BTC #CryptoNewsLand #SolanaTrade
Will Ethereum catch up on Solana's performance?
In an interview with BeInCrypto, Slater Heil, CEO of Composable Corp and head of the Blueberry Protocol, discussed the reasons for the worse performance of Ethereum compared to Solana. One reason for the higher increase in value of Solana in 2023 is the stronger price drop last year. More specifically, SOL has fallen by almost 97 percent since the all-time high, while ETH has fallen by 77 percent.
If you look at the Fibonacci levels, SOL and ETH have developed in a similar way. Both are close to their 0.382 Fibonacci resistance level.
In the crypto market, Heil believes that the price tells the story. Therefore, SOL's recent above-average performance has led to the assumption that Solana has overtaken Ethereum.
The strong development of Ethereum's Layer 2 networks such as Arbitrum (ARB) and Optimism (OP) is also interesting. This can be attributed to the fact that investors and speculators are always looking for something new.
The growth of Lido (LDO) as a staking protocol also shows clear progress. Its total value (TVL) is at a historical high of USD 21 billion. In contrast, Ethereum's TVL of USD 85 billion is far below its all-time high of USD 192 billion.
Heil also believes that Ethereum is the next candidate for a spot ETF and emphasises the potential of the currency. The mating ETH/BTC showed strong signs of soil formation on the day of the wrong ETF admission tweet.
Regarding Ethereum, Heil said to Solana:
The prevailing narrative about Ethereum rightly emphasises the high transaction fees and a user experience that seems to be tailored to large investors rather than the daily user. However, the reality is that ETH consciously puts long-term security and scalability above the immediate user experience. This strategy fits with the protocols that investors want to attract, who attach more importance to security than to fast and cost-effective transactions."
Source: Crypto-News
Feel free to follow for more news
Will Ethereum catch up on Solana's performance?
In an interview with BeInCrypto, Slater Heil, CEO of Composable Corp and head of the Blueberry Protocol, discussed the reasons for the worse performance of Ethereum compared to Solana. One reason for the higher increase in value of Solana in 2023 is the stronger price drop last year. More specifically, SOL has fallen by almost 97 percent since the all-time high, while ETH has fallen by 77 percent.
If you look at the Fibonacci levels, SOL and ETH have developed in a similar way. Both are close to their 0.382 Fibonacci resistance level.
In the crypto market, Heil believes that the price tells the story. Therefore, SOL's recent above-average performance has led to the assumption that Solana has overtaken Ethereum.
The strong development of Ethereum's Layer 2 networks such as Arbitrum (ARB) and Optimism (OP) is also interesting. This can be attributed to the fact that investors and speculators are always looking for something new.
The growth of Lido (LDO) as a staking protocol also shows clear progress. Its total value (TVL) is at a historical high of USD 21 billion. In contrast, Ethereum's TVL of USD 85 billion is far below its all-time high of USD 192 billion.
Heil also believes that Ethereum is the next candidate for a spot ETF and emphasises the potential of the currency. The mating ETH/BTC showed strong signs of soil formation on the day of the wrong ETF admission tweet.
Regarding Ethereum, Heil said to Solana:
The prevailing narrative about Ethereum rightly emphasises the high transaction fees and a user experience that seems to be tailored to large investors rather than the daily user. However, the reality is that ETH consciously puts long-term security and scalability above the immediate user experience. This strategy fits with the protocols that investors want to attract, who attach more importance to security than to fast and cost-effective transactions."
Source: Crypto-News
Feel free to follow for more news
"Ripple CTO Discloses Custodians of 99% XRP Supply at XRPL's Genesis Block"
The Ripple CTO David Schwartz recently revealed the allotment of 99% of the total XRP supply at the XRP Ledger (XRPL) genesis block of 32,570.
Read more on: https://thecryptobasic.com/2024/01/19/david-schwartz-reveals-who-held-99-of-xrp-supply-at-the-xrpl-genesis-block/
#XRPUnleashed #XRPledger #cryptocurrecny #CryptoNewsLand #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/19/david-schwartz-reveals-who-held-99-of-xrp-supply-at-the-xrpl-genesis-block/
#XRPUnleashed #XRPledger #cryptocurrecny #CryptoNewsLand #CryptoNews🔒📰🚫
Binance has disclosed its support for the upcoming network upgrade and hard fork of the Optimism (OP) network.
#BinanceMissions #BNB: #cryptocurrecny #CryptoNewsLand #CryptonewswithJack
#BinanceMissions #BNB: #cryptocurrecny #CryptoNewsLand #CryptonewswithJack
"Most Spot BTC ETFs Face a Bleak Future, Says Ark Invest CEO – Here's Why"
Cathie Wood, American investor and CEO of Ark Invest, expects only three to four spot BTC ETFs to survive, asserting that most of them would either close down or consolidate to larger companies.
Read more on: https://thecryptobasic.com/2024/01/12/ark-invest-ceo-cathie-wood-does-not-expect-most-spot-btc-etfs-to-survive/
#BitcoinETF💰💰💰 #cryptocurrecny #CryptoPredictions2024 #CryptoNewsLand #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/01/12/ark-invest-ceo-cathie-wood-does-not-expect-most-spot-btc-etfs-to-survive/
#BitcoinETF💰💰💰 #cryptocurrecny #CryptoPredictions2024 #CryptoNewsLand #CryptonewswithJack
MARK this REVIEW📌
Divergence equals to Crash👇
No one is talking about it right now.
$BTC expecting at $35000 soon.
Bearish on #BTC #CryptoNewsLand #MANTA #trendingtoday
Divergence equals to Crash👇
No one is talking about it right now.
$BTC expecting at $35000 soon.
Bearish on #BTC #CryptoNewsLand #MANTA #trendingtoday
"Whirlwind Week: Over $160 Billion Wiped Off Crypto Market Post ETF Approval"
The crypto market, which gained substantial momentum in the last quarter of 2023, is facing a turbulent start to the New Year, with over $160 billion wiped out in under seven days since the BTC ETF approval.
Read more on: https://thecryptobasic.com/2024/01/16/barely-7-days-since-etf-approval-over-160-billion-evaporated-from-crypto-market/
#ETFsApproval #ETFApproved #cryptocurrecny #CryptoNewsLand #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/01/16/barely-7-days-since-etf-approval-over-160-billion-evaporated-from-crypto-market/
#ETFsApproval #ETFApproved #cryptocurrecny #CryptoNewsLand #CryptonewswithJack
Tips to be safe in Cryptocurrency World
Research: Understand the projects you invest in. Research their technology, team, and community.Diversify: Don't put all your funds into one asset. Diversification helps manage risk.Secure Wallets: Use reputable wallets and exchanges with strong security features. Consider hardware wallets for long-term storage.Stay Informed: Keep up with market trends, news, and regulatory developments. Knowledge is key to making informed decisions.Beware of Scams: Be cautious of unsolicited offers, phishing attempts, and projects promising unrealistic returns. Verify information independently.Use Two-Factor Authentication: Enable 2FA on your accounts for an extra layer of security.Set Realistic Goals: Have clear investment goals and risk tolerance. Avoid making impulsive decisions based on market volatility.Regularly Update Security: Keep your software, antivirus, and wallet software up to date to protect against vulnerabilities.Secure Internet Connection: Use a secure and private network when accessing your crypto accounts. Avoid public Wi-Fi for sensitive transactions.Cold Storage: Consider keeping a portion of your assets in cold storage (offline) for added security.Remember, the crypto market is volatile, and there are risks involved. Being informed and cautious can help you navigate it more safely.Don't put all eggs in one basket. Do share, like and comment #BTC #Safeguarding #safetrade #CryptoNewsLand #cryptocrurrency
Japan's biggest online second-hand trading platform Mercari has revealed that it will start accepting Bitcoin payments from June 2024.
#Bitcoincats #cryptocrurrency #CryptoNewsLand #CryptonewswithJack #CryptoNews🔒📰🚫
#Bitcoincats #cryptocrurrency #CryptoNewsLand #CryptonewswithJack #CryptoNews🔒📰🚫
"U.S. Senator Demands Clarity Over Alleged Fake Bitcoin Spot ETF Approval by SEC"
Senator Bill Hagerty Says Congress needs answers from the U.S. Securities and Exchange Commission (SEC).
Read more on: https://thecryptobasic.com/2024/01/10/us-senator-says-congress-needs-answers-on-fake-bitcoin-spot-etf-approval-announcement-from-sec/
#sectwitterhack #SECApprovalJourney #cryptocrurrency #CryptoNewsLand #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/10/us-senator-says-congress-needs-answers-on-fake-bitcoin-spot-etf-approval-announcement-from-sec/
#sectwitterhack #SECApprovalJourney #cryptocrurrency #CryptoNewsLand #CryptoNews🔒📰🚫
The approval of a spot Bitcoin ETF is inevitable because there is nothing left to decide, according to former SEC Chair Jay Clayton.
#BitcoinETF💰💰💰 #BTCETFSPOT #BitcoinETFApplication #CryptoETFApprovalProcess #CryptoNewsLand
#BitcoinETF💰💰💰 #BTCETFSPOT #BitcoinETFApplication #CryptoETFApprovalProcess #CryptoNewsLand
"Elon Musk Explores the Potential Use of Bitcoin in Mars Colonization"
The likelihood of transforming Bitcoin (BTC) as an interplanetary currency has sparked a debate with Elon Musk at the forefront of the conversation.
Read more on: https://thecryptobasic.com/2024/01/12/elon-musk-schooled-on-the-possibility-of-bitcoin-use-on-mars/
#Bitcoin #BTCbitcoin #cryptocurrecny #CryptoNewsLand #CryptonewswithJack
Read more on: https://thecryptobasic.com/2024/01/12/elon-musk-schooled-on-the-possibility-of-bitcoin-use-on-mars/
#Bitcoin #BTCbitcoin #cryptocurrecny #CryptoNewsLand #CryptonewswithJack